The pair remained firm after yesterday’s crash. The level of support in the 1.4740 area is maintained and it is estimated that the pair will be on the rise. Aggressive traders may go long now. It is estimated that the pair will remain in the area of 1.5000. There were offers of sovereign states. He kept control over the 1.5100 sales, but it will be prudent to wait a bit. At night there was a technical trade as traders defined strategies. Liquidity was moderate.
Thursday: All times EASTERN (-5 GMT) GBP 4:30 a.m. 6:00 a.m. Median Inflation Expectations GBP CBI Industrial Order Expectations EURO / USD Resistance 3: 1.3080 Resistance 2: 1.3050 Resistance 1: 1.3000/10 New York: 1.2942 Support 1: 1.2750 Support 2: 1.2680 Support 3: 1.2600 Comments The pair managed to keep the level of support. The pair maintained the level of support in the 1.2800/10 area. Maybe the pair suffers a reversal, but the pair should be firm in my view 1.2850. It is advisable to go long. Stops are being installed in 1.3030. I do not think that the pair continue falling.
Several traders are taking profits despite the prevailing uncertainty. Thursday: All times EASTERN (-5 GMT) 2:45 a.m. EUR Final Non-Farm Payrolls q / q EUR French 3:05 a.m. 4:00 a.m. ECB Trichet will speak EUR ECB Monthly foreign currency trading (FOREX) involves the existence of losses due the risk inherent in any transaction. It is likely that FOREX trading is not suitable for all investors. You should determine whether trading is suitable in your case and should take into account your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. The opinions, financial information or on markets, and recommendations are subject to change at any time. The information contained in this bulletin does not constitute or states that you should buy or sell through FOREX Financial Core Group Inc., and / or its affiliates, and should not be available to individuals in a jurisdiction where the making available of the above would be contrary to local regulations.