On Tuesday after the holiday weekend on the parquet back investors from Europe, which should revive the currency market during the early hours of the morning. Relevant data will appear only in the second half of the day, when we will know the consumer confidence index by. Conference Board. Investors will also pay attention to statements by members of the FED...
The situation on the eurodolarze has not changed and is consistent with what I presented in previous reports. For the record, let me add that the currency pair is in a correction of recent increases. Due to the proximity of support at 1.1144 (38.2% fibo abolition), the voice has come the demand side, which is trying to move toward the counterattack last local...
A currency pair is in a quite interesting place, precisely in the area of 1.1213 (61.8% fib increases the abolition of the level of 0.8231- 1.6038. In case of growth towards the level of 1.1495 should be remembered that in the last year zone 1.12 -1.14 was every time a strong barrier, the demand could not break through. Whether in the near future we will witness...
A currency pair is very close to the first important support level 1.1144, which should provide a barrier against further declines. Therefore, I will repeat what I said in an earlier report. The proximity of the support at 1.1144 (23.6% Fibo unbearable increases the level of 1,0821-1,1343) should activate the demand side and direct the course of the Eurodollar at...
The situation on the currency pair does not change much. Most of the day eurodollar exchange rate moved around the level of 1.1220, which is 23.6% fibo abolition of recent increases (1,0821-1,1343). At present Eurodollar moves the correction of the recent increases, taking the form of consolidation. Accordingly, it is possible to enhance the recent declines...
Going to do analyzes Eurodollar wARTo go back to do the events of last week. Wednesday's message has led the Fed to change sentiment co Consequently, the strong dollar sell-off. Currency pair after reaching the maximum at 1.1343 currently moving in the framework of the adjustment. Zone aids extends between 1,1220-1,1245 and if it is maintained that the demand...
In the long-term preferred option are long positions with the objective to 1.1376 and 1.1495.
In the last few hours we have witnessed a test of support at 1.10, but the supply side has not led to its break. Currency pair found support at 1.0990. In the next few hours, it is possible to again attack the supply side and on the results of the test 1.10 level will determine the future direction of trading Eurodollar. From a technical point of view, demand...
Declines have occurred during Monday's session, they stopped in the important area of support levels extending between 1,10-1,1045. Currency pair at the moment is close to the 1.10 level. As you can see in the chart below fracture / in support may lead to declines in the vicinity of 1.0945 and 1.08. Therefore, I expect in the near future activation of demand-side...
The outlook for EUR / USD: Declines have occurred in the last week, we can be treated as a correction to the earlier increases. Currency pair found support at the levels of 1.1066 and 1.1071, which from a technical point of view we can consider the formation of a double bottom. Considering the reaction of the demand side during Thursday's and Friday's session, I...
During Thursday's session exceeded the supply side support at 1.1090, however, missed the chance of turning toward the minimum at 1.1071 proved short-lived. Currently we are in the vicinity of the level of 1.11, and it seems that the growth scenario that I presented in the last comment is not completely negated. Certainly the situation on the demand side would...
The technical situation on the main currency pair almost does not change. According to what I wrote in my last comments, the baseline scenario still remains a variant of growth. This in turn means that the demand must defend support at 1.1090 and lead to increases in the direction of the resistance levels of 1.1160 and 1.1246. In the longer term I expect gains...
On Wednesday, investors' attention is focused on the information that come from the United States. With great anticipation, investors will await the notes from the minutes of the FOMC, which may provide new clues about further increases in interest rates. Previously, however, we will see inflation and PPI data for permits to build houses. Further, investors will...
If Dinapoli breaks down then GBPJPY is Bearish
Eurodollar after the recent rally and the establishment of a short-term peak at 1.1376 grabbed a little breathing. Correction, in which the EUR / USD should not in my opinion exceed the support level 1.1160 (minimum of 10 of February). (Previously, however, the demand will defend levels at 1.1246 and 1.1215). In the longer term, I expect growth toward the recent...
Eurodollar after peaking at 1.1376 rebounded rapidly and at present, is below Tuesday's high of 1.1337. If within the next few hours, the demand side will not try to break through this resistance, we may be witnessing landslides eurodollar rate toward lower price levels. In this case, the supply side could lead to declines toward support at 1.1246 (peak of 5...
The outlook for EUR / USD: The strength of the demand side at the moment is indisputable that in the near future should result in further increases, interspersed with larger or smaller adjustments. Demand side should aim to break the recent high of 1.1337, which will open the way towards the next resistance 1,1371-1,1392. In the longer term expected growth in...
The perspective in the longer term: Currently located around 23.6% of the abolition of inheritance from 1.3994 to 1.0463 level. After breaking the current price levels, demand side should move towards resistance level at 1.1495, where correction should be longer. Then Eurodollar will be ready for further growth towards the level of 1.1811 (38.2% fib abolition).