The EUR/USD has the bullish plans | 11 Tháng bảy 2014

11 Tháng bảy 2014, EUR/USD

Euro

The EUR/USD has the bullish plans

Despite the negative forecasts flow on the single currency, it is repelled from the low and is trying to grow. The Euro together with the U.S. dollar found a support around the 36th figure, from which rose to 1.3642. Its fall to 1.3610 after the FOMC minutes publication only attracted the buying interest, against which the pair rose again - this time to 1.3648. The demand on the dips remains, but it probably provides the buying in the euro’s crosses. So the pair fell to 1.3608.

The support levels are 1.3570- 1.3590, and the resistance levels are 1.3650 - 1.3670.

MACD is in a neutral territory.

Trading recommendations

The "Bulls" may test the resistance around of 1.3590 in the short term, but the reason for buying the euro still exists, so the reducing renewed risks will be preserved. The rise above 1.3700/20 will significantly improve the pair’s perspective.

Pound

The EUR/USD has the bullish plans

The BoE monetary-credit policy meeting has stooped being the central event of the day for the pair buyers. Much greater role for investor sentiment the meeting minutes plays, as well as the speech of the monetary regulator Mark Carney.

After the falling to 1.7105, the growth was resumed and the pound tested the 1.7170 mark. The support around the level of 1.7110 could stop the GBP/USD decline. The buying interest is saved and ensure its rise to 1.7170.

The support levels are 1.7090 - 1.7110, and the resistance levels are 1.7170 - 1.7190.

MACD is in a neutral territory.

Trading recommendations

The demand on the dips remains, but the "bulls" inability to overcome the current high level of 1.7170 may lead to a profit-taking and the downward correction development. In this case, the minimum "bears"’ target will be the level of 1.6980.

Yen

The EUR/USD has the bullish plans

The dollar/yen broke the support at 101.40. After the FOMC minutes publication it tested the 101.70 mark, and then began to decrease, once again finding itself below 101.40. The level of 101.40 was tested, still the "bears" could not get to the support at 101.70.

The support levels: 100.80- 101.00, and the resistance levels: 101.40- 101.60.

The MACD indicator is in a negative territory.

Trading recommendations

Nevertheless, we should not exclude the level testing and in case of its break we expect the dollar to fall to 100.68. The dollar needs to overcome the resistance at 102.00 to improve its positions.

Ruban Sergey
Analyst of «FreshForex» company
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:
Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .