Блог fxdance
EUR / CHF 1W - no comment
Undoubtedly event of the day was the decision of the Central Bank of Switzerland regarding the limit of 1.20 to the Euro. The limit was introduced in September 2011. The price movement for the EUR / CHF is impressive even on a weekly interval, at times reached the level of 0.8500. Forex.com has suspended trading in CHF due to lack of liquidity. The value of time EURUSD reached 1.1575, range of motion at 200 points. Undoubtedly, today's session due to the very high strengthening of the Swiss curr…
EUR/JPY RSI oscillator indicates very strong oversold
The graph EUR / JPY, we see the rapid downward movement came in around 136.65-137.00 support. Thus, the formation of a strong upward movement initiated a growth of 29 October last year was fully offset. RSI oscillator indicates very strong oversold in the vicinity of 18.70000. The course stopped at the line taken the vertices preceding autumn formations rise. The graph D1 can be seen that coming opportune time to take a buy position. Remains an open question whether this week or next week.
EURUSD Waiting for new lows
EUR / USD hovering around 1.18.et is waitin The markg for Jan. 22 - general feelings about QE program based on government bonds. Markets expect that the sum of the actions the ECB may even exceed 1 trillion euros. Each limit below this amount may disappoint the markets. The greater the amount of QE the more realistic new lows for the EUR / USD
Earlier, on Wednesday we will know the outcome of the meeting of the European Court of Justice regarding the OMT. Negative opinion may affect a small del…
Earlier, on Wednesday we will know the outcome of the meeting of the European Court of Justice regarding the OMT. Negative opinion may affect a small del…
Fitch downgraded Russia to BBB- with a negative outlook
Fitch downgraded Russia to BBB- with a negative outlook. Another downgrading mean the speculative value of Russian assets and vice versa lasting investment capital. The sharp decline in oil prices significantly revalued prospects of the Russian economy. Fitch analysts explain the significant increase in grade reduction in interest rates, while the lack of access by Russian banks and companies to Western capital markets. Thus, the negative outlook for Russia ratinu not surprising.
Moreover, the…
Moreover, the…
US labor market support $
Friday's data from the US labor market support $ to other currencies - GBP, EUR, JPY. Investors expect solid economic growth in the coming quarters. No wage pressure is not inclined to rapid normalization of the Fed's monetary policy. Expectations regarding the beginning of the rise in interest rates now moved from April to June and September. These expectations are opposed to the situation of the economies of the Euro zone. At the same time the situation of the US economy keeps inter…
EUR/JPY support
After Friday's session currency pair EUR / JPY stopped at 140,200 strong support Ganna Angel, well illustrates the interval H4. For the next few sessions possible correction recent declines.