February 19: American Session
Tatiana Norkina , an analyst at FBS
The dollar index slightly up in early trading , but the overall downward trend continues. Stock indices also in the green zone . So , S & P500 adds more than 0.25 %, and JIA - more than 0.45 %. Against this background, the pair EUR / USD began to strengthen and is currently trading at at 1.3760 after finding support at 1.3740 area . Restored and GBP / USD pair with minimum 1.6637 - 1.6680 resistance bulls storm .
Pair USD / CHF consolidating just above 0.8870 support two days , but the bearish pressure increases . Chance of breakdown and renewal lows. USD / JPY has today once tested support 101.80 . This level was used bulls to resume shopping. Rates soared to around 102.20 , where the pair is trading at the moment.
Decrease in wholesale sales in Canada to -1.4 % instead of -0.5% expected by analysts , supported by a pair of USD / CAD, which is testing the 1.0910 mark , soared more than 130 pips and is currently trading at 1.1045 area powerful resistance.