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Forex: GBP/USD in session lows, around 1.5785/90

The sterling is following the opposite direction from its European peer on Monday, dipping to session lows below the key support at 1.5800
Empty calendar in the UK today would divert traders’ attention to the euro zone and the news coming from the Eurogroup meeting.

At the moment the cross is losing 0.11% at 1.5783 with the next resistance at 1.5841 (MA21d) ahead of 1.5844 (high Feb.8) and finally 1.5879 (high Feb.1).
On the flip side, a breakdown of 1.5740 (MA10d) would expose 1.5703 (low Feb.8) and then 1.5646 (low Feb.7).

Forex: EUR/USD eyes 1.3400 ahead of Europe

The single currency is trading in session highs on Monday, hovering over the 1.3385/90 area ahead of the opening bell in Europe....
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Forex: USD/JPY sideways on Asian New Year

The USD/JPY has been trading sideways during the Asian session as most of the markets there were closed for New Year. With a spike low at 92.36 and a daily high at 92.75, the pair is currently quoting around 92.60.
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