February 12: American Session
Tatiana Norkina , an analyst at FBS
Eurozone GDP growth yoy and qoq supported by several European currency today , but the benefits of the bulls was not enough to take resistance at $ 1.3700 figure . The EUR / USD declines in the U.S. session near 1.3680 despite the growth of the major stock indexes in both Europe and the United States . Drop is likely to be wearing corrective in nature . Bullish sentiment on the GBP / USD pair is stored , the British rate rose to around $ 1.6740 and is currently trading at a session high .
Pair USD / CHF consolidating just above 0.8915 support today . May test 0.8940 resistance to resume the downtrend . Currency pair USD / JPY recovers from 101.70 to support the 102.00 figure . The situation is very similar to yesterday . Obviously, at the level of 101.70 accumulated quite a large number of buyers .
Negative statistics from Canada made a pair USD / CAD jump to around 1.0985 , after forming early in the session low of 1.0940 . Who bears trying to resume downtrend at 1.0970 .