Mortgage Approvals
Aggressive traders can buy the Euro, since the minimum appear to remain, and note that the area of 1.3000 was the break last week and the pair may rally. In my opinion the major currencies are bottoming out, and since things are more “normal” since the crisis seems to be controlled, and considering that the worst seems to have already fallen behind, data Americans will again be the center of attention. Today, the FOMC will begin to meet, and if the Fed decides to cut interest rates, and if G7 members also do not see that in the long term the USD will get stronger. GBP / USD Daily Resistance 3:? Resistance 2:? Resistance 1: 1.6330 New York: 1.5727 Support 1: 1.5400 Support 2: 1.5250 Support 3:? Volatility is reduced slightly. The pair stood at new levels of support. Add to your understanding with Governor Cuomo. You may even rebound, but queen high volatility. Aggressive traders can buy now, but high volatility is expected. Several traders took profits and sovereign states were on the scene, with respect to the pound and the euro.
And above all operators in the Middle East. Wednesday: All times EASTERN (-4 GMT) 5:30 a.m. GBP Net Lending to Individuals m / m 5:30 a.m. GBP Mortgage Approvals 2:00 pm GBP CPM member Blanchflower will speak EURO / USD Daily Resistance 3: 1.3050 Resistance 2: 1.3000/10 Resistance 1 : 1.2800 New York: 1.2555 Support 1: 1.2330 Support 2:? Support 3:? Comments Pair night fell, but buyers appeared. Follow the spread of panic. Traders sold the pair.
It is advisable to buy now. The pair is at a point of purchase. You can pick the pair. The pair came under pressure and it is advisable to buy. It is expected more volatility. The oil also added pressure, but the pair remained firm, if oil can be picked up that takes the pair with him. Double action is awaited. Traders note official names overnight this time. Wednesday: All times EASTERN (-4 GMT) EUR CPI m / m German for more information please access the foreign currency trading (FOREX) involves the existence of losses due to the inherent risk 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.
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