Daily technical analysis of Forex market - the U.S.

Daily technical analysis of Forex market - the U.S. U.S. dollar trading today • the continuing decline of the dollar with poor circulation. • Price-led movement to stop loss points. • the endurance levels of support / resistance, with the possibility of more substantive movement in two directions. Overview of the evening session • expectations of the continuation of the movement of the dollar in two directions. • the possibility of weakness of the movement before the American data. Upcoming Events Eastern time (-5 GMT) • 8:30 am Retail sales excluding motor vehicles. • 8:30 am Producer Price Index. • 8:30 am U.S. retail sales. • 8:30 am Producer Price Index excluding food and energy. • 10:00 am U.S. stocks work. • 10:30 am about "إيڤان" member Federal Open Market Committee. • 12:00 pm about "Bernanke" Fed governor. • Summary of the currency market Continued to rise in the currency during the New York, where traders reduced dependent on the technical analysis of trading conditions for a point to stop at most currencies. Increased currency in the beginning of the meeting of Asian and American currency fell early on the winning streak, which continued today, with most traders complained of the weak trading conditions and low trading volumes. In spite of the conditions of today's trading, the euro managed to find a great stopping point above the level of 1.3230 with more points of suspension at 1.3260, its highest level at 1.3380, where the price exceeded the levels above the level of functional 1.3330, and remained strong until the closing price near 1.3350. Traders said that the points stay in the area of 1.3260 has been offset by the sale of certain accounts where the failure to overcome the moving average of a hundred days last week. Found Alpound stop points over the area of 1.4730, with the highest level and stood at 1.4856 at 1.4800 to closure. Traders say that the euro and has Alpound attractive buying as soon as it was to get rid of cut-off points, indicating that the rise could be higher in the evening session. The failure of the dollar / yen at 100.50 to preserve the area, where it decreased during the stay on 100.20 points amid weakness in the volume and the lowest level at 100.02, did not attempt to price in a New York exceeded the highest rate was recorded in the evening session at 100.73, and closed near the price of 100.10 region, and said that there is a cut-off points for the 99.90 area again. The dollar / franc is moving day, found the largest gathering of points of suspension under 1.1420 area and said that there is a cut-off points around the 1.1350 and the lowest level at 1.1325 before a relapse. Traders say that the purchase orders are expected near the moving average of two hundred a day, which is located on the level of 1.1260, which leaves more room for downward movement. The dollar fell American / Canadian 1.2180 support level and the lowest level at 1.2173, but found some buyers who have helped to increase the price to 1.2200. The price rose in the middle of the day and closed at 1.2260 on the price level of 1.2210 is expected to be no more of that drop-out rate of the cut-off points under the 1.2170 area. In most of the time, the circulation of the dollar today, preparing for further losses, but it is likely to be movement in two directions, where the conditions were weak for most of the basic currency, is likely to be any reversal of the dollar as an opportunity for the highest sale. It is possible to stop upward movement Alpound around 1.4950, which is likely to stop the movement of the euro on the rise around the 1.3420, and it is likely that there will be requests for the purchase of the downward trend in the currencies of the other near the lowest levels. In spite of that the American currency is a threat, but there are still requests for purchase at the falls, which indicates that the sale could go back when more than doubled. Not expected to bring U.S. economic data tomorrow Surprises and therefore likely to remain levels of support / resistance as it is functional. We look forward to the survival of the dollar within the areas of circulation weekly, but could weaken if the continuation of the sale. Analysis of the major currencies of Forex Analysis of the daily pound / dollar Resistance 3: 1.4940/50 Resistance 2: 1.4900 Resistance 1: 1.4840/50 The last price at the New York: 1.4861 Support 1: 1.4580 Support 2: 1.4550 Support 3: 1.4520 Reflected in the price after the early weakness, and maintained a level of support at 1.4600. And stand at the moving average price for a hundred days and can be adventurers looking for traders to buy at declines. Traders say that there was buying of big names when the price drops. The disposal price of the cut-off points of sales around the 1.4720 late again as the price rose in the evening, and said that there is a cut-off points around the 1.4780 region. And traders say that the support may be strong at the 1.4450 area as expected. The price needs to close over the region of 1.00 to a further increase, but there are functional before 1.5000 resistance. It is likely to be the next target level of 1.5000, but we expect that there will be pressure. Traders feel that the price remains the lowest in the 23 common security. Could lose control of the sales market over the area of 1.4440 at the present time and that would be achieved by test 1.5000 area is a foregone conclusion. Traders say that there are points of stood at the extent of circulation, which increases the price movement in both directions. Data on Tuesday: Eastern Time (-5 GMT) 7:01 p.m. index of house prices RICS Analysis of the daily euro / dollar Resistance 3: 1.3480 Resistance 2: 1.3420 Resistance 1: 1.3380 The last price at the New York: 1.3366 Support 1: 1.3150 Support 2: 1.3120 Support 3: 1.3100 The price break is not the result of the transactions at the cut-off points near the center of weak trading conditions during the holiday week but there are big names in the purchase orders according to traders taking advantage of these conditions. The traders say that there is a good number of vendors on the market but may be too late as traders noted the points of protection to stop and by some accounts the model around the 1.3260 and traders say that there is interest in the ownership of the names of the decline. There are offers to sell at the 1.3330 area has been eliminated from the suspension points accumulated over the area of 1.3360. The average price over a hundred days of moving. Need to take a stand on the price level of 1.3500 over the upward trend. Are likely to find the price of a cut-off points in both directions, and that the resistance to the work area at 1.3330/50, where it is expected that the price fails to exceed the first level of support. Likely to remain in control in the hands of market vendors in the long term, and this will be the opportunity to buy back from the face of me. Look forward to purchase again this week to continue moving average for the steadfastness of one hundred days.