Forex News Agency News

Powered by Utopia News Pro
http://www.forex-strategy.com
Show All News
News:
The dollar gains may stop temporary before new test at 1.3585
Category: Forex Forecasts & Signals
Posted by ForexNewsAgency on February 9, 2010 at 12:33 AM
EUR/USD (1.3706)
European & US sessions forecast levels: 1.3585/1.4025
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus: 10:00 AM Wholesale Inventories, 2:00 AM Germany Current Account, Trade Balance, CPI, HICP.
Daily Strategy: The euro holds the dollar on Monday. The current key euro/dollar support level is at 1.3585. The chances for break below are high but we can see correction up to 1.38 first. The Germany data at 2 AM today is very important. The situation in Euro Zone is the other key element for the traders. The problems in Greece are deeper as the signals are not good.
Forex Forecast by FS Team

News generated by Utopia News Pro