EURUSD As FOMC kept the rate unchanged, the Euro rallied against the Dollar yesterday. After Standard & Poor's downgraded Spain's credit rating, euro had touched a one-year low against the U.S. dollar. Strauss-Khan and Merkel said that the conclusion on Greece negotiations will be reported soon. The aid package for Greece will be worth 100 billion euros to 120 billion euros ($132.6 billion-$158.8 billion) over three years, according to IMF Managing Director Dominique Strauss-Kahn The resistance on the EURUSD chart can be seen at 1.3260 and the support levels can be seen around 1.3179 and furthermore at 1.3115
GBPUSD Yesterday the Sterling was pushed down by the Prime US name selling. Overnight the GBP traded around the lows at about 1.5200 levels. The cable sank to a 3-week low against the U.S. dollar, as the finance spokesman of the opposition Liberal Democrat party said that Britain could face a similar crises like Greece. The support can be seen at 1.5144 levels and the resistance is at 1.5205 and furthermore at 1.5235 levels.
USDJPY The dollar gained about 1.2 percent to 94.17 yen yesterday USDJPY looks range-Bound as today the Japanese banks will be closed in observance of Showa Day a Low liquidity is expected in the JPY trading. JPY went on to test the high levels at 94.30 overnight. The support can be seen at 93.84 and resistance levels are at 94.00 and furthermore at 94.30.