The technical levels in play for the trading week for the major currency pairs.

European indices marked lower at the open today

  • Eurostoxx -0.6%
  • Germany DAX -0.5%
  • France CAC 40 -0.8%
  • UK FTSE -0.4%
  • Spain IBEX -0.3%
  • Italy FTSE MIB -0.5%

This takes away from the gains yesterday with European indices still poised to end the week lower. The drag here comes with a more negative mood in Wall Street overnight and S&P 500 futures are also seen down 0.6% currently. The post-election euphoria looks to be settling down now, with the dollar also slightly lower to start the day.

This article was written by Justin Low at www.forexlive.com.

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