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Forex: EUR/USD finds support at 1.3005

FXstreet.com (San Francisco) - After collapsing around 100 pips from 1.3110 in the latest hour, the EUR/USD has found support at the 1.3005 level, 1-week low. The pair is currently trading at 1.3030, 0.90% down on the day.

The pair's decline was "triggered by a strong upward momentum in greenback, as USD/JPY broke above 100.00," points Valeria Bednarik, FXstreet.com analyst. "Regardless the wild moves across the board, the EUR/USD manages to hold above the base of this past months range, respecting the 1.30/1.32 levels."

Support levels are at 1.3010 1.2970 1.2925. Resistances are at 1.3050 1.3080 1.3115

Forex: GBP/JPY jumps to fresh 4-years high above 155.50

After rallies more than 150 pips on the last two hours from 154.00, the Sterling has broken above the 155.50 area to reach fresh highest level since August 2009 against the Japanese yen at 155.80.

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Wall Street closes lower after five days of gains

The US stocks market has closed on the negative field on Thursday ending a 5-day winning streak. Investors were concerned as talks in the wire were talking about the Fed ending the QE program as soon as this year.
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