Retail Sales Monitor

2020-03-21 - 05:33 | News |

The motion was low, given that the NFP was expected this morning. USD / CAD also traded in both directions, with highs in the 1.1893 and the 1.1791 lows. In the Swissy, Yen and Loonie, the stops, they’re putting technical levels outside the ranges on both sides, so that means great volatility awaits the publication of the NFP. Data published by mid-week ADP, generated an attitude of caution among traders. Self improvement during the week. The currency was maintained in 1.5300 today, highs in the 1.5326 recorded during the session in New York and the 1.5115 lows.

The euro held firm, recorded the maximum and minimum 1.3733 at 1.3632. The pair EUR / GBP at 0.9000 minimum registered. The key to my understanding of the evening session was the fall of the yen, to 90.80. The rest of the couple remained calm, awaiting the publication of today, while the USD / JPY recorded new lows. I believe that USD / JPY remain low during the day. Resistance 3: 1.5480 Resistance 2: 1.5420 Resistance 1: 1.5350 New York: 1.5329 Support 1: 1.4800 Support 2: 1.4720 Support 3: 1.4660 Comments The pair is strengthened, there was a two-way trade in the evening with stops on both sides. After the cuts implemented by the Bank of England improved torque, something unexpected. 1.5120 The stops on the shot.

It is less likely to fall even now. The pair is still trading in both directions and stronger, given the settlement EUROS, POUNDS. It is estimated that new programmed cuts in interest rates in Europe, but given the cuts is estimated that this factor is already digested by the market. Vendors seem to have control over 1.5100. Monday: All times EASTERN (-5 GMT) 7:01 am GBP BRC Retail Sales Monitor y / y 7:01 am GBP RICS House Price Balance EURO / USD Resistance 3: 1.3850 Resistance 2: 1.3800 Resistance 1: 1.3750/60 New York: 1.3696 Support 1: 1.3630 Support 2: 1.3550 Support 3: 1.3480 Comments The pair traded in both directions and reached highs while stops were placed on the highs and lows below last night. There were offers of sovereign states on the top of the night. Those who were long under pressure lately, and can not ignore the break in a 50% Fibonacci defense. Perhaps the correction low is near completion, so at that point, it would be advisable to purchase (point of purchase). Monday: All times EASTERN (-5 GMT) 2:00 a.m. President Trichet will speak EUR We invite you to try our new foreign currency trading (FOREX) involves the existence of losses due to the risk inherent in any transaction.