The EUR once again reached above $1.30 on Monday after better than expected economic data from the US, and an advance in global equities, boosted demand for riskier assets. Gold continues to decline as market concerns ease and people turn away from safe-haven assets.

Forex Market Trends

1.5450

 
EUR/USD
GBP/USD
USD/JPY
USD/CHF
AUD/USD
EUR/GBP

Daily Trend
down
no
no
up
no
no

Weekly Trend
up
up
down
down
up
up

Resistance
1.3105
1.5595
88.00
1.0590
0.9120
0.8490

1.3060
1.5550
87.60
1.0555
0.9080
0.8455

1.3030
1.5515
87.25
1.0530
0.9050
0.8425

Support
1.2970
1.5450
86.50
1.0475
0.8985
0.8355

1.2945
1.5420
86.20
1.0445
0.8950
0.8320

1.2900
1.5390
85.90
1.0400
0.8910
0.8295