FXstreet.com (Barcelona) - EUR/USD keep rising from the Asian session low at a.4332. Currently the unit is fluctuating above 1.4380 level. Despite the recovery, 20 and 50 SMAs remains bearish on the hourly chart.

According to Tomas Cedaviius at Inevestija.com, EURUSD, bears are controlling the situation below ex-support at 1.4466 price level. It looks like bears are heading towards another significant barrier at 1.4295. A breakout by this level, can initiate strong negative trend.

Nikkei ended 127.02 (-1.16%) down at 10,855.08 while Euro Stocx 50 started 13.62 (0.46%) up 2,953.87 at the moment of this writing.

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