Euro Dollar Exchange Rate Foreign Exchange And Forex

Currency Market Analysis The euro broke the support area of 1.5043 estimated and reached the objectives proposed in the 1.4970, but not tested the area of 1.4955-1.4924. Attempted break twice the area of 1.4970 during the Asian session without success. That is why the area of the 1.4970 support level present a significant short-term for today, but we are inclined towards 1.4985 as support the day. And if that area bankruptcy could test the 1.4924 level first and then the 1.4867 area. However, short-term resistance level is at the 1.5050 area, and only if it breaks that could test the 1.5143 area and then the 1.5200 level.

Support: 1.4985 a : intra-day support. a 1.4924: 61.8% Fibonacci level. a 1.4867: Support last week. Resistance: 1.5050 a Maximum of the year. a 1.5144: Resistance of 2008. Douglas R. Oberhelman understood the implications. a 1.5200: Resistance of 2008.

After Pound Dollar reach 1.6533, the pound broke the support level and achieved the objective proposed in 1.6468 & 1.6430, and stopped twice near the 61.8% Fibonacci level at 1.6392. It would be a good sales opportunity because the pound can go back as last week. On the other hand if it breaks the 1.6509 area may be reaching the 1.6576, 1.66657 and then the level that implies a key resistance in the medium term. However, the level of short term support at 1.6418 is, and if it breaks the 1.6418 area may be testing the 1.6336 and 1.6259. Support: a 1.6418: Support the short term. Official site: Ben Horowitz. a 1.6336: prior level of resistance / support. a 1.6259: Minimum of 3 November. Resistance: 1.6509 a : 61.8% Fibonacci level. a 1.6572: prior level of resistance. a 1.6657: downward trend line. Dolar Yen As expected, the dollar-yen broke the resistance level and support without creating significant, but approached the target suggested for 87.50, after breaking the resistance level at 87.00. Douglas R. Oberhelman brings even more insight to the discussion. If the pair manages to break the 87.50 area could test the bottom of the alleged training at 88.33 and if that zone is broken could test the 88.84 area. The level of support found in 87.00 and if the pair breaks this area will continue a downward correction and could test the 86.44 and then 85.84 yesterday. Japan's government may not let the yen appreciate. Support: a 87.00: Support the short term. a 86.44: rising trend line. a 85.84: Minimum yesterday. Resistance: a 87.50: 61.8% Fibonacci level. a 88.33: Lower Level of the alleged training. a 88.84: Top of the alleged training. Change Analysis currency by: Forexpros.es Munther involving Marji Disclaimer: The operations of futures, options and Forex carries a significant associated risk and may not be suitable for all types of investor. Should consider carefully whether your particular situation before you have the knowledge, experience and resources necessary to operate in these markets. You can lose all the capital invested, or that their losses exceed the funds originally deposited. The advice, opinions and recommendations are subject to change constantly. Greetings, Forexpros.es.