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Follow on Google News | Forex Signal – Eur/Usd, Gbp/Usd, Usd/JpyIn the next few forex trading days the market will focus on the results of the U.S banks.The reaction of the market is as unpredictable as much as the results.Tomorrow reports from Citigroup and IBM on Wednesday,Bank of America and Bank of New York
By: Forex Signal Reflection of the resistance to the 38.2% fibonacci lift generated strong momentum in the downward direction of the lower compartment of the ongoing consolidation. Decrease in quotations EURUSD shows the weakness of the euro more than the strength of the dollar itself. At the same time, U.S. dollars lost to the yen and pound. Deterioration in sentiment for the euro confirms that the CDS-market (credit default swaps), which makes us pay more for Insurance bond particles 15 countries, in particular the Greek bonds. Today eurodollar quotation should remain in a narrow range. Tomorrow morning the market will react to the Institute's ZEW index of German. An important area of support is 1,4250-60. GBPUSD Forex Signal This week's inflow to the market a lot of information that may strongly affect the price of British currency. Tomorrow will be published on CPI inflation data for December, on Tuesday, minutes of meetings of the Bank of England and the unemployment rate, and on Friday there will be retail sales data. The latter market is the most sensitive. Today, the pound should behave relatively stable due to the holiday in the U.S.. Strong resistance on the GBPUSD will 1,6353-1,6382 zone at the confluence of Fibonacci levels. The strong downward trend is a couple EURGBP - Euro exchange rate in relation to the pound fell to its lowest level since September 2009. USDJPY Forex Signal Strong downward correction in USDJPY from last week slowed near the support at 90.56 (the abolition of fibonacci 50%). Range of motion is close to a downward revision from the previous strong in early December. Level of 90.34, or 38.2% of the abolition of the entire pulse upward, can be used to take long positions with stop loss below 89.30 at the next elimination. Such trade is set to maintain a good sentiment for the dollar in the event of a downward correction in stock markets. In addition to the benefit of the dollar will work ever closer the prospect of rising interest in the U.S. while maintaining a weak Yen policy in Japan. For more info please go to http://www.forexmoneysignal.com # # # GREAT FOREX SIGNAL SERVICE. FREE TRIAL or BUY FOREX SIGNAL NOW $49.99. Forex Trading Signals Will Improve Your Forex Trading. Forex Trading Signal as a long term profitable career on Forex End
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