EURUSD - Trends, Forecasts and Implications (Part 1) - page 854
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It's not enough for Russia!
At least give Florida to Kazakhstan! :)
Jan 13 /Dow Jones/. The euro/U.S. dollar pair's uptrend created by Friday's disappointing non-farm payrolls data has stalled in the past two days, helped by weakness in stock markets, Commerzbank said. However, this only means the pair has taken a breather as speculative positioning is not preventing it from rising, the bank said. At the time of writing, the euro/dollar pair was trading at 1.4505.
-Contact London: +44-20-7842-9464; Markettalk.eu @ dowjones.com; PRIME-TASS translation; +7 495 974 7664; dowjonesteam @ prime-tass.com.
Yen strengthens
LONDON, Jan 13 /Dow Jones/. 24-hour rolling charts:
Spot Quotes: EUR/USD USD/JPY GBP/USD USD/CHF
Spot at 05.50 GMT 1.4487 91.05 1.6190 1.0185
Three-day trend Upwards Lateral trend Downwards
Weekly trend Downwards Downwards
200-Day Scol.Wed 1.4360 92.74 1.6204 1.0550
3rd Resistance 1.4604 92.43 1.6305 1.0325
2nd Resistance 1.4591 92.10 1.6239 1.0253
1st Resistance 1.4557 91.36 1.6195 1.0209
pivot point* 1.4495 91.38 1.6141 1.0179
1st support 1.4410 90.73 1.6064 1.0130
2nd support 1.4375 90.00 1.5958 1.0100
3rd support 1.4333 89.30 1.5896 1.0075
EUR/USD during the day: The pair is consolidating gains from 1.4264 to 1.4557 as market participants betting on it continue to control the situation in the short term. In the event of a fall, the pair will receive support if it trades above 1.4375. At the same time, there is a risk of renewed upward pressure on the high of 1.4557. Trading above this mark would open the way to the resistance area of 1.4591-1.4604. At the same time, we cannot exclude the possibility of a rise to 1.4681-1.4696 this week. Only when trading below 1.4333 will the pair target the low of 1.4264 again.
EUR/USD on the weekly chart: Downtrend.
January 13. /Dow Jones/. The euro/U.S. dollar pair rose to an intraday high of 1.4523 amid low trading volume. The market appears to be hunting for stop orders, which are likely above 1.4550 and below 1.4450. The difficulty is that the market is not showing enough desire to push the pair in one direction or the other right now.
Waiting for tomorrow's news.
13 January. /Dow Jones/. The euro/U.S. dollar pair has entered the area of strong resistance at 1.4570-1.4685, which forms the correction levels at 38.2% and 50% of the December decline wave and the October low, Commerzbank analyst Karen Jones said. The analyst believes that the pair will not be able to break through these levels and still predicts a fall to the Fibonacci target support of 1.4070. At the time of writing, the pair was trading at 1.4575.
-Contact London: +44-20-7842-9464; MarketTalk.eu @ dowjones.com; PRIME-TASS translation; +7 495 974 7664; dowjonesteam @ prime-tass.com.
Ждут завтрашних новостей.
Well today the American comrades are on their way, apparently already down...
It's been a long time since you've been here, there's a cretin who's been kicking people off the thread, so I'm practically the only one writing comments on my own:)))))))