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Dollar Strength On Charts – 9/24/14

News Date: 24/9/2014 16:17:18

Increase in new homes sales came today better than expected, and dollar found strength on all majors charts. EURUSD dive the most to a new support 1.277. GBPUSD was forced to fall till 1.632 and lets don’t forget that the support level 1.63 on GBPUSD is the important psycho level between bullish and bearish.

Dollar strength was light on AUDUSD and NZDUSD where on the other hand USDJPY benefit from dollar strength and start building a solid bullish momentum, currently trying to hold above 109 and 110 in range.

Even that the Dollar benefit from a green number, yet Gold fail to pass the support level 1215 where behind it 1207 support showed a strong line from few days. Briefly Dollar still strong and the economy in the US especially real estate sector is rising after a long sleep during last snow storm.

Provided By Fxhighway

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