USD feeling the love this morning - Forex News by FX Leaders

USD feeling the love this morning

Posted Tuesday, May 17, 2016 by
Skerdian Meta • 1 min read

The Buck is feeling some love this morning. It is challenging some resistance/support levels as I type. USD/CAD is heading towards 1.30 while USD/JPY is threatening resistance at 10950s. EUR/USD has already broken the support level at 1.1280s. I guess the market has chewed the positive US data overnight and it´s taking action now.

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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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