Forex

Weekly Pound / Dollar 12 to January 16

Monday January 12 :
Pound / Dollar:
Last Friday the pound / dollar halted its recovery week, and began to form a bearish candle after a maximum at 1.5348 mark, closing the day at 1.5160 in the forex market. On Monday the pair pound / dollar was quoted at 1.4940 accelerating its channel bass and Stochastic, CCI and lined up days in confirming the direction of motion. Supports: 1.4900, 1.4850, 1.4790, 1.4730 and 1.4355. Resistance: 1.4990, 1.5060, 1.5140 and 1.5230 .

Tuesday January 13 :
Pound / Dollar:
The pound began the week in the forex market with a sharp drop in the dollar on Monday, reaching a minimum at 1.4800. Tuesday was released from the UK report in the trade balance, which registered a fall of -8.3 billion. This decline is believed that it was one of the largest since the beginning of his measurements and made even more back to the pound to the dollar quoted at 1.4630. Supports: 1.4595, 1.4550, 1.4490, 1.4440 and 1.4375. Resistance: 1.4660, 1.4735, 1.4800 and 1.4865 .

Wednesday January 14 :
Crossing GBP / USD (British pound against the dollar):
The pound traded at 1.4617 against the dollar in the forex market, the media were in 1.4500, 1.4346 and 1.4000. In turn, resistance 1.5000, 1.5534 and 1.6000. The current price of the pound / dollar was above the line of 23.60% (1.3701) and below the 38.20% (1.5767) Fibonacci the setbacks .

Thursday January 15: < >
Pound / Dollar: The pound did not stop his fall against the dollar. On Tuesday we saw a new bassist tour marking the point at least 1.4470. The pair pound / dollar was trading at 1.4550 in the forex market, resuming its downward channel after showing a recovery during the Asian session with a maximum price at 1.4705, an area where resistance was 23.6% of Fibonacci in 1,5572-1,4470 setbacks.
Supports: 1.4520, 1.4470, 1.4405 and 1.4350. Resistance: 1.4620, 1.4715, 1.4780, 1.4860 .

Friday January 16 :
Pound / Dollar: The pound sterling closed hours of Thursday in the forex market without major changes and upward against the dollar, after touching a minimum of support in the 1.4470 area.
On Friday, the pair pound / dollar showed an upward movement in quoting 1.4922 . The signals upside of the pound / dollar were in place, it could be extended to a larger movement in that direction if confirmed the break up of the price on Friday, which was the first resistance 1.4970, which was followed 1 5020, 1.5100 and 1.5142.
Supports: 1.4860, 1.4815, 1.4770 and 1.4710.

Weekly Dollar / Swiss Franc 12 to January 16

Monday January 12 :
Dollar / Swiss Franc pair :
The dollar against the Swiss franc showed an upward movement in the direction, despite the negative data on employment figures in the States U.S., the currency was a decline of 300 basis points, marking a minimum (maximum graphics) of 1.1186.
On Monday, the forex market the dollar against the franc continued to be listed on a bullish channel 1.1205, retreating then dial up in the zone of 1.1241, which is located in the area of the neck line Shoulder Head Shoulder invested in training, which if confirmed would be evidence of an even more bullish. Resistance: 1.1241, 1.1275, 1.1315, 1.1380 .
Supports: 1.1180, 1.1120, 1.1070 and 1.1025 .
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Tuesday January 13 :
Dollar / Swiss Franc: The dollar / Swiss franc after reaching a minimum (maximum graphics) in the area of resistance located at 1.1241, the Swiss franc rebounded against the dollar on Monday, concluding in the forex market in the area of 1.1143. The graphs showed signs biggest upside. Only confirm a greater movement in this direction, if you break the 1.1241 resistance.
Supports: 1.1140, 1.1093, 1.1050 and 1.1020 .

Wednesday January 14 :
Crossing USD / CHF (dollar against the Swiss franc ): The dollar was trading at 1.1161 against the Swiss franc at the close of the forex market.
The media were 1.0745, 1.0524 and 1.0319. As the price had penetrated resistance at 1.1063, which was monitored in the following 1.1250 and 1.1601.
The performance of the dollar / Swiss franc was reversed by the euro / dollar, given the similarities between the monetary policies of the European Central Bank (ECB ) and the Swiss National Bank. This explained the current behavior of the dollar / Swiss franc .

Thursday January 15 :
Dollar / Swiss Franc: The dollar / Swiss franc was unable to confirm the collapse of the area resistance at 1.1241 and fell to 1.1190. On Thursday in the forex market the dollar was quoted at 1.1157 against the Swiss franc, recovering after touching 1.1121 a minimum, where he spent the EMA of 233 in the graph of 4 hours.
Resistance: 1.1190, 1.1250, 1.1288 and 1.1310 .
Supports: 1.1100, 1.1055, 1.1010 and 1.0948.

Friday January 16 :
Dollar / Swiss Franc: The dollar marked up on Thursday at 1.1287 against the Swiss franc, from where he fell in the afternoon American closing the day at the forex market in the area of 1.1237. On Friday, the pair dollar / franc traded at 1.1195 ceding ground (upward movement in the charts), after touching a peak of 1.1150.
Resistance: 1.1235, 1.1285, 1.1320 and 1.1375 .
Supports: 1.1155, 1.1120, 1.1080 and 1.1045.

Weekly Dollar 12 Jan 16

Tuesday January 13 :
Dollar:
The most secure currency in the forex market remained bullish, while the stock market worldwide was a bearish trend. The market and the Nikkei Dow Jones Industrial ended on Monday with losses, of course, this phenomenon affected the forex market. The yen and the dollar again be privileged currencies. Also, while investors were losing confidence to invest in assets with higher risks in the short term, the dollar and the yen were highly favored. The dollar continued to rise for a third day against the euro, and ended the session on Tuesday, reaching 1.3328 on forex. He also took the dollar gains against the pound, the pair pound / dollar fell 2% and ended at 1.4774 .

Wednesday January 14 :
Dollar:
On Tuesday, the dollar gained ground against major currencies in the forex market, particularly against the euro and the pound sterling. However, the pair dollar / yen was under pressure. The euro fell nearly 150 points against the dollar, giving the dollar some 300 points against the euro since last Monday, before closing at 1.3195 in the forex market. Against the pound, the dollar gained about 250 points, which total about 600 points since the beginning of this week. The dollar’s rise was due to several factors, some analysts said that the inauguration of the presidential term of Barack Obama was a decisive factor in the dollar profit. Recently Barack Obama said a stimulus plan of $ 1 trillion dollars.
Also plans to tax cuts for taxpayers in the United States. These measures seek to heal the U.S. economy. The Obama factor undoubtedly benefited the dollar since the beginning of the year 2009.
Another key factor was that the Bank of England reduced interest rates last week, benefiting the dollar against the pound in forex market. The President of the European Central Bank said that there will be further cuts in rates in Europe. It was felt that lower interest rates by 50 basis points to 2.0% this Thursday, which is benefiting the dollar .

release Thursday January 15 :
Dollar: < > The dollar continued quoting between 1.3100 and 1.3300 against the euro, it appears that the euro / dollar was moving without any direction. If the level of 1.3500, there was the possibility that the euro fall in the coming days against the dollar in the forex market. The existence of risk aversion continued to give strength to the dollar was likely to continue until we see signs of stabilization in the forex market.
In addition, the dollar has shown that it can be on the rise in the forex market, despite the publication of Negative economic data from the United States. Several analysts believe that the upward trend in the dollar could continue while the major currencies continued to negatively.

Weekly Dollar / Yen 12 to January 16

Monday January 12 :
Cross USDJPY (dollar against the yen ):
Crossing dollar / yen was trading at 89.90 in the forex market, a figure close to the hours of MME 20 and 50 days were below the 200 days of MME.
The resistances were 93.00, 95.61 and 97.43. The supports were located in 90.00 and 88.42 .

Tuesday January 13 :
Yen:
On Monday, the yen gained ground against major currencies in the forex market and fell below the support line established. The pair dollar / yen reached 88.86 and ended the session at 89.27. We had to emphasize that the range that was highlighted on Monday the pair dollar / yen was partly due to the lack of liquidity in the market, especially because it was a holiday in Japan. It was the fourth consecutive day that the yen appreciated about their currency pairs in the forex market. This led to strong speculation over the government of Japan, as it may soon intervene the market to avoid a continuous appreciation of the yen .

Wednesday January 14 :
Yen: < > On Tuesday, the yen, upload recorded against the major currencies in the forex market but was more pronounced against the euro and pound. However, the pair dollar / yen closed without major changes in the area of 89.25. The yen gained more than 100 points against the euro and closed at 118.01. The couple pounds / yen lost 200 points on Tuesday in forex, reaching 129.70.
The appreciation of the yen in recent days in the forex market was largely due to the reduction of fees in England and the possible reduction on Thursday.
This factor hurts the Japanese economy, last week estimated that the yen lost ground against its major currency crosses, however, was not well .

Thursday January 15: USDJPY
Crossing (): dollar against the yen the dollar traded at 88.98 against the Japanese yen in the forex market, if there were charts per hour, the MME 20 and 50 days is still below the 200 days of MME. Resistances were in 93.00, 95.61 and 97.43. In turn, the media were located in 90.00, 88.42 and 87.19 .

Friday 16 January :
Crossing USDJPY (dollar against the yen pair ): dollar / yen 90.61 in trading on the forex market. Looking at the graphs per hour, the MME 20 and 50 days were below the 200 days of MME.
The resistances were in the 93.00, 95.61 and 97.43. In turn, the media were 90.00, 88.42 and 87.19.

Weekly Euro 12 to January 16

Monday January 12 :
Crossing EUR / USD (euro against the dollar ):
Crossing euro against the dollar was trading at 1.3436 at the close of forex, the graph of an hour and MME 20 and 50 days were below the 200 days of MME. Were in the resistance 1.4150, 1.4310 and 1.4719. The media in both 1.4000, 1.3630 y1.3251 .

Tuesday January 13 :
Euro:
The euro continued to lose ground against the dollar in the forex market, however against the pound, improved and closed at 0.9020. The pair euro / pound, which last year had seen a 26%, began to lose some of its gains this year in forex. The fall in the pound represents mainly the deterioration of the British economy. Despite the recession that is now living in England, the pound could resume its vitality against the euro in the future, when the ECB will decide its policy on interest rates. Had to wait for action by the ECB to cut interest rates because this could make the pair euro / pound to the low and could return to the area of 0.8900 .

Wednesday January 14:
Euro:
The euro lost 150 points on Tuesday against the dollar in the forex market, which totaled about 300 points lower against the dollar since last Monday and closing around the 1.3195 .

Thursday January 15 :
Crossing EUR / USD (euro against the dollar ):
The euro traded at 1.3099 against the dollar in the forex market, if there were the charts per hour, the MME 20 and 50 days were below the 200 days of MME. Resistance to take into account were 1.4150, 1.4310 and 1.4719. The media in both located in 1.4000, 1.3630 and 1.3000 .

Friday January 16 :
Crossing EUR / USD (euro against the dollar ):
The euro traded at 1.3281 against the dollar in the forex market. The graphics for hours of MME and 50 days and 20 were below the 200 days of MME. Were in the resistance 1.4150, 1.4310 and 1.4719. Carriers in 1.4000, 1.3630, 1.3000.

Weekly Forex Market 12 to January 16

Monday January 12 positions :
The pound recovered strongly against the dollar and the euro at the opening of forex. The pound turned some violence in its intersection with the euro after touching a peak of 0.9804. Last Friday he had come to touching 0.8838 on Monday and bounced in the area of 0.8950. Besides crossing euro / dollar was further weakened despite the crisis in the Middle East and the gas conflict between Russia and Ukraine should lead the oil above 50 dollars a barrel .

Tuesday January 13 The forex market :
began a week with strong movements in the major currency crosses, the dollar recovered which ironically had started last Friday with the very poor employment data in the United States.
The yen appeared as a currency of refuge in the forex market, which purchases were turning to the currency, and price ceilings again looking to the dollar, the pound and the euro .

Wednesday January 14:
The forex market opened the session with European moderate movements. Data from the lower trade deficit in the United States, known on Tuesday, identified the strengthening of the dollar, which nevertheless was diluted in the early hours of Wednesday. But again, the European currency were to decline by averaging the day, due to the high probability that Ireland need continued financial support if its economic crisis, which was affecting the euro and to a lesser extent the pound. The yen remained news, to reach up to almost historic pound at 128.86. The previous minimum of the pound / yen was at 129.32 in April 1995 .

Thursday January 15 :
The fall in retail sales in the United States was much deeper than I expected the forex market, which hit a very strong stock indices, but did not make much dent in the dollar, which remained firm against the European currencies in the day Wednesday. However, it managed to strengthen the yen, and remained with the upward trend in major currencies, so it was close to historic highs in the euro and the pound sterling .

Friday January 16: < > On Thursday was the final interest rate cut by the European Central Bank which was to generate significant movements in the forex market in pairs the euro currency, however, managed to recover from the fall he suffered on the eve barely known the news. Also sterling recovered ground in the European session on Friday, while the yen gave their highest since the forex market on Thursday, when he was close to breaking the highest mark of the last 15 years.

Summary Analysis Euro, Dollar, Pound, Yen Friday 16

Crossing EUR / USD (euro against the dollar ):
The euro traded at 1.3281 against the dollar in the forex market. If you look at the hourly charts, the MME 20 and 50 days are below 200 days of the MME. Resistance to consider are 1.4150, 1.4310 and 1.4719. As the price of pair euro / dollar lost key located on the floor of 1.4000 and 1.3630, should be monitored as the next target the 1.3000 support .

Cross GBP / USD (British pound against the The dollar ):
pound sterling against the dollar traded at 1.4928 in the forex market, fluctuating between 1.4658 and 1.4971, above yesterday’s close of 1.4670. media to consider are 1.4500, 1.4346 and 1.4000. In turn, the resistance is located at 1.5000, 1.5534 and 1.6000. USDJPY

Crossing (dollar against the yen pair ):
dollar / yen was trading at 90.61 in the forex market. If you look at the hourly charts, the MME 20 and 50 days are below 200 days of the MME.
The resistances to take into account the points are at 93.00, 95.61 and 97.43. In turn, the media are 90.00, 88.42 and 87.19 .

Crossing USD / CHF (dollar against the Swiss franc ):
The dollar / Swiss franc traded at 1.1199 in the market forex, fluctuating between 1.1155 and 1.1237, below the closing price of 1.1221 yesterday. The supports are at 1.0745, 1.0524 and 1.0319. Since the price per dollar / Swiss franc broke resistance located at 1.1063, you have to watch closely as the next targets 1.1250 and 1.1601.

Analysis of the Journal Currency Euro, Dollar, Pound, Yen and Swiss Franc Friday 16

Euro / Dollar:
Finally yesterday Thursday the ECB announced the decision to cut interest rates by 50 basis points, leaving it at 2.00%. In this context, we saw the euro fall against the dollar in the forex market in the area of 1.3026, from where they began a recovery until it closed in 1.3135.
Today and then knew that the forex market deficit The trade balance of the Euro Zone to see euro / dollar reaching a maximum price at 1.3318, where the decline of 38.2% Fibonacci bearish travel from 1.3795 to a minimum yesterday.
Currently, the euro / dollar traded at 1.3260, the supports are located at 1.3230, 1.3180, 1.3138 and 1.3080.
The resistance to change are 1.3290, 1.3320, 1.3360 and 1.3405 .

Dollar / Swiss Franc:
The dollar marked a peak yesterday at 1.1287 against the Swiss franc, which fell from U.S. closing in the afternoon hours in the forex market in the area of 1.1237. Today the dollar / Swiss franc traded at 1.1195 ceding ground (upward movement in the charts), after touching a peak of 1.1150.
The resistance to consider are 1.1235, 1.1285, 1, 1320, and 1.1375.
The supports are 1.1155, 1.1120, 1.1080 and 1.1045 .

Pound / Dollar:
The pound sterling closed day yesterday in the forex market without major changes and upward against the dollar, after touching a minimum of support in the 1.4470 area.
Today the pound / dollar presents an upward movement in quoting 1.4922. The signals upside of the pound / dollar are in place, so it may be extended to a larger movement in that direction if confirmed by the break up of the price today, and first resistance at 1.4970, which is followed by 1.5020 , 1.5100 and 1.5142.
brackets are located at 1.4860, 1.4815, 1.4770 and 1.4710 .

Dollar / Yen:
After several days of strength of the yen against the dollar, the yen yesterday concluded Thursday in the forex market with a drop (upward movement in the charts) in the area of 89.90, a level which is 23.6% of the decrease of Bassist rally from 94.61 to 88.47.
Today the dollar / yen continues its upward direction breaking the Fibonacci ratio of 23.6% and a peak in the area of 38.2%.
The media to keep in mind for the rest of the day in the forex market are 90.22, 89.90, 89.60 and 89.35.
If the pair dollar / yen ratio of 38.2 Bankruptcy %, and the first point of maximum resistance area to consider in 90.82, as the next targets will be followed by 91.05, 91.35 and 91.78.

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U.S. industrial production in December showed a contraction of 2.0% per month, representing a record markedly more negative than expected (-1.0%). Moreover, this bias was increased after the reference to the previous month was revised downward from -0.6% to a final figure of -1.3%. Thus, in terms were increased from -5.9% to -7.8%, which would at least since mid-1975, showing the remarkable weakness

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Consumer prices in the U.S. in December fell by 0.7% per month, representing a positive surprise as it was initially estimated a contraction of 0.9%. With respect to the underlying data, remained at the levels of November, when the forecast pointed to a rise of 0.1%. This resulted in a slowdown in inflation from 1.1% to 0.1% when the market was driving a contraction of 0.2%, while the rate

Highlights of the day in the major pairs

Euro / dollar: Finally on Thursday the day before the ECB announced the decision to cut the benchmark rate by 50 basis points, leaving it at 2.00%. In this context, we could see the euro fall, reaching a minimum at 1.3026, from where they began a recovery until it closed in 1.3135. Friday, then called the trade deficit in the Euro zone, we see this pair back after reaching a maximum price at 1.3318, where are the

Life as the shots you

As expected, the European Central Bank – ECB – just cut interest rates by 50 basis points and now rest hear the views of its president, Jean Claude Trichet. The macroeconomic evidence that pressure to continue easing the cost of money in the coming months, are compelling. The economy of the old continent is experiencing a recession deeper than initially estimated and this year could be getting 2.5%, much more than what the

Economic Calendar

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ECB Cut Interest Rates by 50 basis points

The ECB has cut interest rates by 50 basis points, reaching 2%. Since October 2008 the price of money has fallen 2.25% a time, seeking to revive an economy in recession. This has exacerbated the movement for the euro, which fell immediately after the cut. In his speech, the ECB president, Jean-Claude Trichet said that while there will be a reunion in 3 weeks, the most important will be in March when inform new projections for growth and inflation. He suggested that they have no plans to adjust interest rates next month, but left the door open to further reductions in coming months. Trichet indicated that the long-term inflation rates could rise during the second half of 2009, although this does not necessarily affect interest rates because it expects a severe slowdown in the Euro-zone while the weakening of the global economy despite the demands of export.

Exports in the euro zone did not fall in 8 years

After reaching a peak of 1.3279 found in the words of support when Trichet said the central bank will slow in cutting rates in February, the EUR / USD has no address listed, as the rise was halted once was released the report of Trade Balance of the euro zone. The report showed that the fall in exports was such that they could not see a drop like this since 8 years ago. The region reported a 7.0 billion deficit for November after