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Forex pairs in this Article » EUR/USD (Barcelona) - Having tested the 55-day moving average during the volatile European morning, the New York opening allowed the EURUSD to extend its gains above the line and has reached 1.2940 high, so far.

The Finnish finance minister is hopeful that the Eurogroup will agree on the new deal for Greece on Monday and it's being reported a possible teleconference tomorrow. Earlier ECB's Weidmann showed his caution about monetary policy and that the time for the Eurozone bought by central bank risks not being well used.

"The outlook here is positive for a rise towards 1.3020 resistance area. Initial intraday support is projected at 1.2876, followed by the major one at 1.2830", wrote analyst Stoyan Mihaylov, pointing to crucial support at 1.2736.
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