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FXstreet.com (Córdoba) – The recovery of the Dollar against the Yen from 88.55, 7-week low was capped at 88.90. The pair pulled back to 88.70 afterwards but holds more than 20 pips above daily lows. Greenback continues to approach to last month lows that lie around 88.00.

The pair turned bearish after breaking below 88.85 according to Peter Rosenstreich, technical analyst at ACM - Advanced Currency Markets. “Expect rallies to be short-lived from now on, as pockets of selling interest are likely to appear at 88.98 (20 May low), yesterday’s high 89.46, and last week’s pivot level 89.75; with further sellers predicted around 90.00 and the 200-day moving average 90.86”.

Then Yen retreated in the last hours against European currencies but is still up across the board on Tuesday.

For more information visit: FxStreet.com

FXstreet.com (Barcelona) - GBP/USD stretched back up, recovering most of the lost ground after a bearish spike rallied the pair down hitting its lowest level at 1.5011 earlier in European morning time. At present, the price hovers around 1.5090, just 10 pips away from completing a full recovery at 1.5102 opening price.

Bulls found the strength to pick up a meritorious “upside momentum” on the back of a wide-spread risk aversion session. Nonetheless, GBP/USD has been reliable on its upward tendencies since smashed at 15-month low at 1.4230 last May 20.

“We may see the pair move up towards 1.5150-200 in the coming sessions over today and tomorrow. There as less chances of a sharp fall below the Support at 1.5018, the 21-week Moving Average. While this holds, we can see an intra-day rise towards 1.5150-55, where there is a trendline Resistance on the Daily, 3-Day and Weekly Candles.

For more information visit: FxStreet.com

The Bravest Protester In The World [Pic]. And this is the last know photo of him, taken just before approximately 25 armed police beat the crap out of him