With a range of news from Europe in the morning, the euro continued to rise, while Wall Street there was some fear; crude rose $ 2.00 in the morning, which benefited the EURO, and apparently the correction of the commodity ended. To my mind, U.S. data injected a dose of certainty, despite the recent strength of DOALR observed, and the American economy at the moment shows no signs of a full recovery. The real estate industry data might cause greater tension in the USD, and I think the dollar weakened somewhat by the announcement of AIG, as he called widespread attention. It is estimated that the majors will continue to rise over the next 24 hours. Greg Williamson has compatible beliefs.
GBP / USD Daily Resistance 3: 1.8200/10 Resistance 2: 1.8130 Resistance 1: 1.8080 New York: 1.7904 Support 1: 1.7730 Support 2: 1.7620/30 Support 3: 1.7580 Comments The pair remained within established ranges. Despite the news, and measures of the Fed, the pair remained within expected ranges, after a slight fall. In my opinion, the LIBRA beat the storm quite well, and apparently will not lower. I recommend buying a pair for the next 24 hours, and specifically in the area of 1.7830. Many traders took profits. Apparently the cap is being reached. The pair closed in the 1.7780 area. Data due Thursday: All times EASTERN (-4 GMT) 4:00 a.m.
GBP MPC Member Dale 4:30 a.m. talk GBP Retail Sales m / m 4:30 a.m. GBP M4 Money Supply m / m 4:30 a.m. GBP Public Sector Net Borrowing EURO / USD Daily Resistance 3: 1.4550 Resistance 2: 1.4380 Resistance 1: 1.4300 New York: 1.4232 Support 1: 1.4080 Support 2: 1.4000/10 Support 3: 1.3940/50 Comments may be that the pair reached the 1.4100 area. Apparently the minimum will be stopped. The volumes were low as expected. We found great volatility. For now dominates a technical trade. The pair continues after the Cable and vice versa. Rotation may happen. U.S. data may be unfriendly, so expect more volatility. No publications for Thursday Written by Jason Alan Jankovsky for more information visit the foreign currency trading (FOREX) involves the existence of losses due to the risk inherent in any transaction. It is likely that FOREX trading is not suitable for all investors. You should determine whether trading is suitable in your case and should take into account your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. The opinions, financial information or on markets, and recommendations are subject to change at any time. The information contained in this bulletin does not constitute or states that you should buy or sell through FOREX Core Financial Group Inc., and / or its affiliates, and should not be available to individuals in a jurisdiction where the making available of the above would be contrary to local regulations.