Follow the markets with News published in the U.S. are worst than expected, with Import Prices posting record drops, the Trade Balance deficit widening to -57.2 billions and the weekly unemployment claims in their highest level in more than 30 years. Despite majors could seem over bought against greenback, we are not yet in the daily bottom.
The Advisor Weblog
Subscribe
Or subscribe via email:
Categories
Archives
Recent Comments
- Valeria Bednarik on Don’t use the word intervention
- Ferdous on Don’t use the word intervention
- Valeria Bednarik on Don’t use the word intervention
- Ferdous on Don’t use the word intervention
- Ferdous on Don’t use the word intervention
Next webinar
Weekly Webinar: 1st on Forex - The Week Ahead
by Jerry Furst
November 09, 17:00 GMT
Register for the webinar
Tags
Add new tag Aud Aud/Usd boe Cad Chf daily trend Divisas Dolar dollar Dollar trend ecb Education Eur Eur/Chf Eur/Gbp Eur/Jpy Euro eurusd FOMC Forex gbp Gbp/Jpy gbpusd Gold Jpy Major Majors Majors sentiment Majors trend News Noticias Payroll personal stuff rates Stocks Swiss Franc Technical Education Trade Balance Trend Usd Usd/Cad Usd/Chf usdjpy YenFXstreet.com Weblogs
Links
The Europeans, Euro, Gbp and Chf, are attemping to move higher. Euro above 1.2665, Gbp to the 1.5090 and then to 1.5130 and Swiss Franc could reach the 1.2000 quickly
Both Euro and Gbp break to the upside against dollar, and continue moving higher, as stocks recover ground: the Eur/Usd could reach the zone around 1.3010, that could extend even to 1.3050 (not seen really) tops for today. Over bought in hourly charts, expect a corrective rebound in the next hours.
Gbp/Usd breaks above the 1.6000 triggering some bullish momentum that has reached at the moment a top @ 1.6105. Above this level 1.6164 is the next to consider.