The euro rebounded following the GBP, and recorded highs in the 1.3331, before falling in the area of 1.3200 in New York, the lowest in Asia were in the 1.3136. On the other hand, the USD / JPY improved after the rebound in the Nikkei 225 and the maximum recorded 90.08. The couple was met with resistance as expected, then fell to the 89.00, the minimum observed in the area of 88.70 in Asia. Hovering around 89.00 in recent days, the USD / JPY is estimated to continue trading in both directions, and many analysts consider the pair as predictable. In my view, the weakness of the dollar will continue given the events that strengthened the other currencies in the evening. It is estimated that the events of the next few days in the United States will not be positive for the greenback.
It is considered that the dollar will continue trading in both directions and is awaiting the FOMC meeting. GBP / USD Resistance 3: 1.4380 Resistance 2: 1.4300 Resistance 1: 1.4250 New York: 1.4068 Support 1: 1.3550 Support 2: 1.3500/10 Support 3:? Need one? The pair rebounded and reached the resistance level of 1.4250, before falling. A reversal may happen. Stops were placed at 1.4100. Continues to trade in both directions and several operators are placing short positions. Last week it was reported that did not meet minimum 23.0 years ago. Data published by the night were positive.
Technically the pair is trading now. Operating volumes remain low. No publications Wednesday Resistance 3: 1.3420 Resistance 2: 1.3380 Resistance 1: 1.3320/30 New York: 1.3167 Support 1: 1.3030 Support 2: 1.2950 Support 3: 1.2880 Comments The pair continued to pound on the rise, maximum recorded in Europe, but failed to stay in NY. The pair maintained the level of resistance at 1.3325/30. Stops are being installed in 1.3030. There was a low volume of operations. Sovereign states were observed trading. The technical level remains at 1.3300 and resistance is expected. It is expected that two-way trade. Aggressive traders can buy at the next floor. Wednesday: All times EASTERN (-5 GMT) 2:00 a.m. EUR GfK Consumer Climate All Day EUR German CPI m / m preliminary German 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.