Trading news

Daily Analysis 02/09/2014

EURUSD

Today market focus in Euro zone Producer Price index,in U.S Markit Manufacturing PMI, Construction Spending, IBD/TIPP Economic Optisim, ISM Manufacturing PMI, ISM Prices Paid, 3-6 Month Bill Auction datas. Yesterday EURUSD pair forced 1.3144 level with reaction buying. Today EURUSD pair moving on the 1.3124 level. If in this day 1.3104 level supported can be forced 1.3150 resistance level. Over breaking 1.3150 resistance level breaks can be seen 1.3200- 1.3250 resistance levels. If 1.3250 resistance level breaks can be targeted 1.3300 resistance level. Today if 1.3104 support level breaks can be forced 1.3050 support level. Under breaking 1.3050 support level can be seen 1.3000-1.2980 support levels with selling pressure.



GBPUSD

Today in UK side PMI Construction, BRC Shop Price index datas will be released. Yesterday GBPUSD pair forced 1.6643 level with thin purchases. Today cable moving on the 1.6586 level. If in this day 1.6560 support level breaks can be forced 1.65 support levels. Under breaking 1.65 support level can be seen 1.6435-1.6390 support levels with selling pressure. If today 1.6560 level supported can be forced 1.6600 resistance level. Over breaking 1.6600 resistance level can be seen 1.6660-1.6715 resistance levels. If 1.6715 resistance level breaks can be targeted 1.6800 resistance level.



 

Tuesday, 02 Sep, 2014 / 7:25

Source : http://www.gkfx.com/EN/daily-analysis

Trading news

 

Will the ECB disturb the waters?

· ECB unlikely to rock euro – resilient economy vs higher yields [...]

Posted on Thursday, 22 Apr, 2021 / 9:50 under

VERIZON SHARES SLIDE EVEN AFTER UPBEAT PROFIT

Verizon reported a strong start to the year, with a solid operational [...]

Posted on Thursday, 22 Apr, 2021 / 8:06 under

Can the Bank of Canada pull off a ‘cautious’ tapering?

· Bank of Canada likely to scale down its vast QE program today [...]

Posted on Wednesday, 21 Apr, 2021 / 9:16 under