Trading session in Asia today (15-02), the currency pair EUR/JPY look sideway in the range 122.65 – 122.90, after on friday (12-02) EUR/JPY had weakened in the range 121.40 and succesful rebound at price 122.87. Bank holiday in the U.S. will affect U.S. trading session.
Chart EUR/JPY on M30
The technical EUR/JPY will up trend if can touch at price 123.15, and be careful if EUR/JPY can touch at price 122.35 will down again.
In the pair trading EUR / USD the European session today (12-02), the euro continued to weaken again against the U.S. dollar and are in the range of 1.3610.
Euro, the less desirable forex investors, along with the signal showing a decline in economic performance both in Germany and France.
The latest information about indicators of preliminary French Non-farm payrolls q / q has just been released by INSEE showed a decrease in performance on the French labor sector, after earlier Destatis announced that the quarterly German GDP fell to 0.0% from 0.7%.
French preliminary indicators Non-farm payrolls q / q increase reported to be – 0.40% where previously estimated to rise to – 0.20% from the previous value of – 0.60%. Over the low achievement of this expectation of negative response by investors in forex trading.
In the pair trading EUR/USD at the US session (11-02), Euro observed weakening against the U.S. Dollar and be in the range of 1.3595. Euro less in the interest of investors forex, along with the indication that shows the economic performance of the United States.
The latest information about Unemployment Claims indicator has just been released by the Department of Labor show an increase in performance on the U.S. employment sector.
Unemployment Claims reported indicators fell to 440K, where previously expected to fall to 460K from 480K the previous value. It responded by pro-U.S. Dollar investors in forex trading the U.S. session.
Trading session in asia, GBP/USD looks strong around 45 pips of the market opening. yesterday GBP / USD tried to penetrate the price level at 1.5530 but unsuccessfull and rebound at range 1.5645.
Chart GBP/USD on M30
The technical if GBP/USD able to touch 1.5665 indications will continue to 1.5710. And me tried buy at price 1.5647
In the pair trading EUR / JPY European session today (10-02) observed the Euro strengthened against the yen moves and be in the range of 123.52.
Euro forex investors demand back in line with the indication of a relief in the handling of Greek public debt issues are swollen.
EU reportedly agreed to help the Greeks in the face of debt problems. This was considered necessary to prevent economic instability in the region who were undergoing the process of recovery. On the currency pair EUR / JPY is expected to still potentially strong, and is expected to face resistance at the 124.28 range.
The technical GBP/USD is oversold, I believe GU will be a correction to 1.5700, if able to pass 1.5650. UK economic data is improved, sufficient support for the strengthening of GBP/USD.
Chart GBP/USD on M30
GBP/USD will down trend if can touch at price 1.5520
Forex | admin | 
February 15, 2010 11:59 am | 
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