The pair Euro against the U.S. dollar traded during the Asian session, the pair tended to rise from the lowest level at 1.22818 to the highest level at 1.23805, the pair is currently trading around the level of 1.23468.
The pair Sterling against the U.S. dollar traded during the Asian session between the lowest level at 1.45208 and the highest level at 1.45874, the pair trading is now trading around the level of 1.45793.
Finally the pair U.S. dollar against the Japanese Yen traded during the Asian session between the highest level at 91.363 and the lowest level at 90.843 , the pair is now trading around the level of 91.266.
Market Expectations
EUR/USD :We expect today for the pair Euro against the U.S. dollar up trend to approach the resistance level at 1.24980 then return to decline again , close for the four hours candle stick above the moving average 50 (1.23470) necessary to achieve these expectations .
GBP/USD :Negative signs show through the determined indicators which may lead the pair to decline to build a base on the support level at 1.44650, and then resume the bullish direction to the level of 1.46460, stability of trading above the support level necessary to achieve these expectations.
USD/JPY :We expect today a decline for the pair U.S. dollar against the Japanese Yen to the target of 90.630 then to the target of 90.320, stability of trading below the level of 91.720 necessary to achieve these expectations.
The pair Euro against the U.S. dollar traded during the Asian session in a narrow range between the highest level at 1.23342 and the lowest level at 1.22590, the pair is currently trading around the level of 1.22946.
The pair Sterling against the U.S. dollar also traded during the Asian session between the highest level at 1.45049 and the lowest level at 1.44063, the pair trading now around the level of 1.44830.
Finally , the pair U.S. dollar against the Japanese Yen traded between the highest level at 91.616 and the lowest level at 90.920 , the pair trading now around the level 91.364.
Market Expectations
EUR/USD :etermined indicators show a positive signs for the pair Euro against U.S. This may lead the pair to rise to the level of 1.23750 then to the level 1.24600, stability of trading above the level of 1.21680 necessary to achieve these expectations.
GBP/USD :etermined indicators for the pair Sterling against the U.S. dollar show positive signs which may lead the pair to rise to the level 1.45514 then to the level 1.46310, stability of trading above the support level at 1.43560 necessary to achieve these expectations.
USD/JPY :The stochastic for the pair U.S. dollar against Japanese Yen is losing bullish momentum and is nearing overbought areas, which makes us expect a bearish trend today as its main targets start at 90.050 then 89.250.
The pair Euro against the U.S. dollar traded in a narrow range during the Asian session between the highest level at 1.23084 and the lowest level at 1.22473, the pair trading now around the level of 1.22842.
Regarding to the pair Sterling against the U.S. dollar also traded in a narrow range during the Asian session between the highest level at 1.45433 and the lowest level at 1.44700, the pair trading now around the level of 1.45170.
Finally , the pair U.S. dollar against the Japanese Yen traded during the Asian session in a narrow range between the lowest level at 90.890 and the highest level at 91.278 , the pair trading now around the level of 91.154.
Market Expectations
EUR/USD :We expect today some the pair to fluctuate around the level of 1.23240 then decline to the level of 1.22622 and then descend to the level of 1.21680, stability of trading below the level of 1.23791 necessary to achieve these expectations.
GBP/USD :We expect today that the pair Sterling against the U.S. dollar will approach the resistance level at 1.45703, then return to decline to the level 1.44020 then to the level 1.43160, stability of trading below the moving average 100 at 1.45850 necessary to achieve these expectations.
USD/JPY :We expect today a decline for the pair U.S. dollar against the Japanese Yen to the level of 90.050 , theses expectation require stability of trading below the level 92.400, determined indicators support our expectations .
The pair Euro against the pair U.S. dollar traded during the Asian session between the highest level at 1.22631 and the lowest level at 1.21850, the pair trading now around the level of 1.22176.
The pair Sterling against the pair U.S. dollar traded during the Asian session between the highest level at 1.47504 and the lowest level at 1.46297 , the pair trading now around the level of 1.47336.
Finally , the pair U.S. dollar against the Japanese Yen traded during the Asian session between the highest level at 91.781and the lowest level at 90.873 , the pair trading now around the level of 91.465.
Market Expectations
EUR/USD :etermined indicators shows negative signs for the pair Euro against the U.S. dollar, which may lead the pair to decline again to retest the support level at 1.21680, then arrive to the target of 1.19830, stability of trading below the resistance level 1.23750 necessary to achieve these expectations.
GBP/USD :etermined indicators for the pair Sterling against the U.S. dollar for the four hours chart shows negative signs which may lead the pair to decline and retest the level of 1.44990, then to the target of 1.43590, stability of trading below the level of 1.48040 is necessary to achieve these expectations.
USD/JPY :Stochastic for the pair U.S. dollar is still giving off negative signs; thus making us hold onto our previous expectations that point to an expected bearish trend today; the first key target will remain at 90.050.
The pair Euro against the U.S. dollar traded during the Asia session between the lowest level at 1.22260 and the highest level at 1.23259, the pair trading now around the level of 1.22972.
Regarding to the pair Sterling against the U.S. dollar also traded during the Asia session between the lowest level at 1.46353 and the highest level at 1.47427, the pair trading now around the level of 1.47288.
Finally the pair U.S. dollar against the Japanese Yen traded in a narrow range during the Asia session between the highest level at 92.421 and the lowest level at 92.040 the pair trading now around the level of 92.371.
Market Expectations
EUR/USD :etermined indicators for the pair Euro against the U.S. dollar show a negative sing make us expect that the pair should retest again the support level at 1.21700, stability of trading below the level of 1.23750 necessary to achieve these expectations.
GBP/USD :etermined indicators for the pair Sterling against the U.S. dollar show a negative sing make us expect that the pair will decline to the level of 1.45890 then to the level of 1.44990, stability of trading below the level of 1.48040 necessary to achieve these expectations.
USD/JPY :The pair succeeded in stabilizing above the previously broken main support that has formed strong resistance in the past few days around 91.450, we expect a bullish intraday trend; targets are mainly at 93.400 – 94.050.
The pair Euro against the U.S. dollar traded during the European session between the highest level at 1.22154 and the lowest level at 1.20902, the pair trading now around the level of 1.21924.
Regarding to the pair Sterling against the U.S. dollar also traded during the European session between the highest level at 1.46816 and the lowest level at 1.45811, the pair trading now around the level of 1.46007.
Finally the pair U.S. dollar against the Japanese Yen traded during the European session between the highest level at 92.880 and the lowest level at 92.340, the pair trading at these time around the level of 92.529.
Market Expectations
EUR/USD :The pair Euro against the U.S. dollar successfully penetrated the support level at 50 moving average at 1.21750 to decline further, we expect today bearish movement for the pair to the level of 1.19830, and these expectations require stability of trading below the level of the moving average 50.
GBP/USD :We expect today for the pair Sterling against the U.S. dollar a decline to the level of 1.44020, this decline will start after the pair breakthrough the level of 1.45550, yesterday the pair couldn’t successfully penetrate the resistance level at 61.8% Fibonacci which is the support for our expectations today.
USD/JPY :We expect some fluctuation and a minor bearish correction before resuming the expected bullish intraday direction that targets are initially 93.650 – 94.050. The pair continued its upside move achieving a daily closing above 76.4% Fibonacci correction at 92.50 these support our expectations .
The pair Euro against the U.S. Dollar traded during the Asian session between the highest level at 1.19662 and the lowest level at 1.18763, the pair trading now around the level of 1.19271.
Regarding to the pair Sterling against the U.S. dollar also traded during the Asian session between the highest level at 1.44607 and the lowest level at 1.44017, the pair trading now around the level of 1.44568.
Finally the pair of U.S. dollar against the Japanese Yen traded during the Asian session between the lowest level at 90.890 and the highest level at 91.942, the pair trading now around the level of 91.289.
Market Expectations
EUR/USD :We advice today to monitor the trading for the pair Euro against the U.S. dollar, after the pair could penetrate the support level at 1.20400 in the end of the trading last week and approach the target of 1.18763, determined indicators stand in the mixed areas which may lead for some volatility that makes us advice to monitor the price for today.
GBP/USD :We expect today a decline for the pair Sterling against the U.S. dollar to the levels of 1.43250 then to the level of 1.42200 , determined indicators support our expectations , stability of trading below the level of 1.46000 necessary to achieve these expectation .
USD/JPY :We expect today for the pair U.S. dollar against the Japanese Yen a bearish trend where the main targets are expected to be at 90.000. The breach of level 92.900 will lead to a direction ascend towards 94.450.
The pair Euro against the U.S. dollar traded during the Asian session in a narrow range between the lowest level at 1.19124 and the highest level at 1.19819, the pair trading now around the level of 1.19634.
Also the pair Sterling against the U.S. dollar traded in a narrow range during the Asian session between the highest level at 1.45239 and the lowest level at 1.44607, the pair trading now around the level of 1.44947.
Finally the pair U.S. dollar against the Japanese Yen traded during the Asian session between the highest level at 91.867 and the lowest level at 91.303 , the pair trading now around the level 91.755.
Market Expectations
EUR/USD :The pair Euro against the U.S. dollar traded in a narrow range, determined indicators Close to saturation in the procurement process which make us expect a decline for the pair to retest the support level at 1.18680, stability of trading below the resistance level at 1.20400 necessary to achieve these expectations.
GBP/USD :Stochastic indicators show a negative sign for the pair Sterling against the U.S. dollar, which lead us to expect a decline for the pair to the levels 1.43702 then to the 1.42906, close for the four hours candlestick below the level of 1.45990 necessary to achieve these expectations.
USD/JPY :We expected a bearish trend for today to the pair U.S. dollar against the Japanese Yen, starting its targets at 91.00. Keep in mind the importance of this stability remaining below 92.850 to achieve these expectations.
Euro draw existential crisis, British economists are likely not to hold the ECU in its current form for more than five years, since they may withdraw from more than one country - including Germany - because of the debt crisis that swept a number of Member States of the euro group. According to the preliminary findings of a survey conducted by the weekly Sunday Telegraph, including 25 of the most prominent British experts12 of them considered that the Euro group, which includes 16 countries, will not continue the current composition, in the light of the likelihood of the withdrawal of members, including under the weight of the debt crisis and budgets. The economic researcher Andrew pure said that the chances of the continuation of the euro group today close to zero, he almost certain that Greece - which is suffering under debts of nearly 400 billion dollars and a budget deficit of approximately 13% of its total output - will stage the inability to pay its debts. Markets have witnessed a global shake-up on Wednesday in a selloff for the second day by fears that the growing debt crisis in Europe could threaten the global economic recovery. Euro fell against the U.S. dollar to the level of 1.3143 which is the lowest level since April 2009 due to fears of traders that the debt crisis could spread to other European countries facing challenges such as Portugal, Spain, Italy and Ireland.
Earlier, the German government adopted a more austerity plan in the history of the country to provide about a hundred billion dollars until 2014 to allow for reducing the level of public debt in anticipation of a similar crisis to the crisis of Greece, which spread to other countries in Europe, the plan provides for reduction of public spending in ascending format, four-fifth billion Euros (96 billion dollars) during the next four years and include the reduction of welfare benefits, and imposition of new taxes, especially on the nuclear power industry, and the write-off of about ten thousand a government job. This means that high rates of unemployment in Germany, which will affect negatively on the euro. The budget deficit last year in Germany was 3.1% of GDP slightly more than the maximum permitted by the regulations of the European Union of 3%.It is expected to exceed the budget deficit in Europe's biggest economy 5% next year to come back drop to the level of 3%, according to government hopes Chancellor Angela Merkel.
It seems that the old continent is facing various financial problems here and there incalculable, while all eyes went to Greece we found Spain, Ireland, Portugal and Italy and now we hear that the deficit in the budget of Germany might expand next year, It seems that European unity on the way out, too, and especially as the spirit of cooperation between member states is not strong , because of the different races and nationalities, unlike the United States and cause of the disappearance of the spirit of cooperation between the member European Union , we think that Germany will be the first to leave the EU and followed by France to maintain its economy, It seems that the dollar will remain master of the world for centuries and will sit on the throne of the world economy for ease of exit from the crisis that befalls it . The U.S. dollar is a Hollywood movie hero.
The pair Euro against the U.S. dollar traded during the Asian Session in a narrow range between the lowest level at 1.19239 and the highest level at 1.19779, the pair trading now around the level of 1.19564.
Regarding to the pair Sterling against the U.S. dollar also traded during the Asian session in a narrow range between the lowest level at 1.43958 and the highest level at 1.44737, the pair trading now around the level of 1.44514.
Finally the pair U.S. dollar against the Japanese Yen trading also in a narrow range during the Asian session between the lowest level at 91.242 and the highest level at 91.612 , the pair is currently trading around the level of 91.508.
Market Expectations
EUR/USD :We expect today for the pair Euro against the U.S. dollar to do a small corrective movement to retest the resistance level at 1.20000, then decline again to the target of 1.18000 then to the target 1.17400, stability of trading below the resistance level at 1.20000 necessary to achieve these expectations.
GBP/USD :etermined indicators for the pair Sterling against the U.S. dollar are approaching to show negative signs, which lead us to expect a decline for the pair to the target of 1.42200, stability of trading below the level of 1.45671 necessary to achieve these expectation.
USD/JPY :We expect today a decline for the pair U.S. dollar against the Japanese Yen which will start after the penetration of the support level at 90.850, then to the target of 90.00 , stability of trading below the level of 92.850 necessary to achieve these expectations.
