Mulai
trading

Halaman Utama >
Analytics
>
Fresh forecast
>
Analisis Fundamental Forex
>
Yellen chooses the moderate policy

Yellen chooses the moderate policy | 18 Februari 2014

18 Februari 2014, EUR/USD

EUR/USD
Yellen chooses the moderate policyYellen chooses the moderate policy
Yesterday Eurozone and the USA did not delight investors with interesting reports. In general, during the day we can expect the development of a side trend. Today’s support levels are 1.3698-1.3655 and resistance levels: 1.3740-1.3810.
Trading recommendations
In General, particularly euro/dollar did not show a dynamic growth. The pair almost reached the level from where it was subjected to a sale at the end of January. We can assume that the current resistance can keep bulls from going up further. Should the pair grow above 1.3739 that would mean a speedy testing resistance around 1.3800-1.3818. The immediate support is at 1.3680-1.3660.
USD/JPY
Yellen chooses the moderate policy
Yellen chooses the moderate policy
The main event for the USD/JPY is the Japan's GDP for the 4th quarter report. In recent months, market participants have been getting good reports from Japan - net exports, private consumption and employment have noticeably been increased. The positive background allows us to expect the data better than in the previous quarter, which is favorable for the national currency. During the day we expect the consolidation in the area 102.70. The support levels are 102.15 - 102.23 and the resistance levels are 102.90 - 103.16.
Trading recommendations
The pair is growing following the stock indices, rising to the resistance level 102.70. The break and consolidation above 102.70 will proof the return to a growth.
GBP/USD
Yellen chooses the moderate policy
Sterling set a 33-month high after a government report showed that output in the construction industry in December 2013 was revised up to 0.2% against 0.3 %. The sterling resumed growth after the Bank of England revised to increase the economic growth forecast for 2014 to 3.4% from 2.8%. The central bank also said that the unemployment rate falls faster than it was expected and it is likely to reach 7% in the spring of current year. From a technical point of view, GBP/USD broke the upper limit 1.6250-1.6670. Should the pair grow it may reach 1.6740. The immediate support is at 1.6620/40 now.
Trading recommendations
The price is at 1.6750 - a good level for a day and 4 graphs. Closing price of the older graphics - this is a good level for the graphs of lower order. Starting from 1.6750, the next target level should be considered with two zeros - 1.6800.
Ruban Sergey
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk

Tunjukkan Kata Kunci

Sembunyikan Kata Kunci

 Lupa kata sandi?
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.

Penghargaan terbaik kami:

FreshForex is a brand that provides access to online trading for clients from more than 158 countries all over the world. The Company's partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 19 years.
Clients must be at least 18 years old to use the services of the Company.
The company's services and information on the site are not intended for citizens and residents of some countries, such as Belgium, China, North Korea, France, Hong Kong, Russian Federation, Spain, Great Britain, USA, and also countries identified by the FATF as high-risk countries or countries with serious AML/CFT deficiencies; countries or regions that are under international sanctions. A complete list is available on the "Countries where the company's services are not provided" page. The Company does not have representative offices in the Russian Federation and does not register clients from the Russian Federation.
Risk Warning: Trading financial instruments with leverage carries high risks and can result in both profits and losses. Potential losses are limited by the deposit amount. Before deciding to trade, the client should assess their risk tolerance, experience, and knowledge level.

Freshforex.com uses cookies for better website operation, traffic flow analysis, and personalization. By using this website you agree to our Cookie Policy.
User Data privacy is protected in accordance with GDPR. The SSL certificate installed on the website transfers the information over a secure protocol.
The site contains links to websites of third parties. The Company does not check or control the third-party resources that are in any way related to the FreshForex site, so the Company is not responsible for any third-party information or materials posted.
By creating a link to a third party website, the Company does not endorse or recommend any products or services offered by the third party.
The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. It also should not be considered as an offer/solicitation to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as a recommendation to buy, sell or otherwise deal with any particular currency or any other trading asset investment. If you are not sure about your local trading regulations, please, leave this website immediately.
© 2004—2024 FreshForex – Forex broker
Reproduction of the contents is allowed only with active hyperlink to original source.