Sterling Enduring Above 1.5750 low. Sterling continued to survive throughout the day is near the low last seen at 1.5760, down from Friday's weekly close 1.5800 area, with a session high at 1.5789. Price changes may be seen as a core data release U.S. durable good that will be followed by the data ileh U.S. pending home sales. "Sterling opens this week with a clear bearish signal in the movement per hour, although the price of trying to close the gap and near 1.5800 before continuing down. If the price moves to test 1.5800/20 area, down 1.5740 break a opportunities and so on, will probably show the number 1.5660 today ", said the analyst. Valeria said that support will be recorded in the range 1.5740, 1.5700 and 1.5660. While the range of 1.5810 resistance will be recorded, 1.5850 and 1.5885.
Aussie Near 8 Month Low Vs Euro, Stable Versus Yen
The Australian dollar held near 8 month low against the euro on Monday as the single currency moved rally related optimism that Europe was recovering from the debt crisis. Europ be near A $ 1.2925, having touched A $ 1.2940, according to Reuters emergency, its highest since May last year. Against the NZD, Euro moves up to NZ $ 1.6120, its best in nearly a month. Last seen at NZ $ 1.6110. Euro rally moves in general, touches 11-month high at the $ 1.3479 in late last week after the ECB said that the banking sector will pay back the loan this week, signaling stability in the European financial system.
Aussie Almost Not Moving Above 1.0400
Holiday in Australia there would make the stock market closed, the Aussie close to the low of the previous session where the currency was last seen at 1.0413, slightly down below the current session, from the previous weekly close above 1.0420 on Friday. Since North Korea threatened Thursday to nuclear testing, although the data was released HSBC China PMI, Aussie finally fell as much as 1.31%. According to Valeria Bednarik, analyst at FXstreet.com, Aussie still strong bearish signal by movements per hour chart shows that the price is below SM-20 and some indicators moving down in negative territory. In a 4-hour movement indicators moving in oversold territory, with a slight rise moving target today: the price must at least recover to the 1.0450 area to erode bearish signal, while the price still stays below 1.0390, which will be wide open down movement in the area of 1300 ", said the analyst. Bednarik identify areas of support at 1.0390, 1.0345 and 1,300, while the range of 1.0450 resistance will be recorded, 1.0490 and 1.0520.
The crisis subsided, Euro Positive
The euro shot up to near 11-month high against the dollar on Monday related to the persistence of the signal confidence level of economic recovery in Europe, while the yen fell to a 2-1/2 year low against the U.S. dollar on expectations of a policy easing in Japan. Data on Friday showed that Europe's banks return to pay for emergency loans borrowed from the ECB during the ongoing debt crisis, as a sign of the growing economic and financial confidence there. The euro moved to $ 1.3459, still flat from last week's level of U.S. session but is still close to 11-month high at $ 1.3480 rate that occurred Friday. Euro will soon be faced with a series resistance level near $ 1.3500, including high numbers in 2012 at $ 1.34869, 50% retracement from the high in May 2011 to a low in July 2012 at the rate $ .3492, and the psychologically important figure at $ 1.3500.
Green Light For Euro, Ready to Earn 1.3500
Euphoria Euro ready to continue, finally, after the Euro finally penetrate the strong range against the U.S. dollar to rise movement, moved higher to new 11-month high at 1.3480 were triggered by a number of repayment of banks in Europe. Currently, the euro is still moving near the close of 1.3487 (high February 24, 2012), followed by 1.3491 (50% Fibonacci to decline in 2011-12), and then towards the psychological 1.3500 area. In order to decrease the movement, range of support to be found in the 1.3410 (low movement per hour in January 25) that will target 1.3349 area (January 25 low) and then to 1.3347 (MA-10 days). According to an analyst from BK, Kathy Lien, there are 3 factors that bring the euro rose strongly, data released by strong German IFO, repayment of European banks and U.S. stock markets rose with falling home sales data. After 1:34 rid area, the next area will be recorded between 1.3485 and 1.3525, which is the height of last year, with SMA-200 last week and 50% Fibonacci retracement at 2011 to the sell-off in 2012, so confirmation from Kathy Lien. "There will be a very important price levels since 1:35 is a big target area Euro", added Lien when he expects the euro will maintain technical penetration to target price at 1:35 ".
Aussie Near 8 Month Low Vs Euro, Stable Versus Yen
The Australian dollar held near 8 month low against the euro on Monday as the single currency moved rally related optimism that Europe was recovering from the debt crisis. Europ be near A $ 1.2925, having touched A $ 1.2940, according to Reuters emergency, its highest since May last year. Against the NZD, Euro moves up to NZ $ 1.6120, its best in nearly a month. Last seen at NZ $ 1.6110. Euro rally moves in general, touches 11-month high at the $ 1.3479 in late last week after the ECB said that the banking sector will pay back the loan this week, signaling stability in the European financial system.
Aussie Almost Not Moving Above 1.0400
Holiday in Australia there would make the stock market closed, the Aussie close to the low of the previous session where the currency was last seen at 1.0413, slightly down below the current session, from the previous weekly close above 1.0420 on Friday. Since North Korea threatened Thursday to nuclear testing, although the data was released HSBC China PMI, Aussie finally fell as much as 1.31%. According to Valeria Bednarik, analyst at FXstreet.com, Aussie still strong bearish signal by movements per hour chart shows that the price is below SM-20 and some indicators moving down in negative territory. In a 4-hour movement indicators moving in oversold territory, with a slight rise moving target today: the price must at least recover to the 1.0450 area to erode bearish signal, while the price still stays below 1.0390, which will be wide open down movement in the area of 1300 ", said the analyst. Bednarik identify areas of support at 1.0390, 1.0345 and 1,300, while the range of 1.0450 resistance will be recorded, 1.0490 and 1.0520.
The crisis subsided, Euro Positive
The euro shot up to near 11-month high against the dollar on Monday related to the persistence of the signal confidence level of economic recovery in Europe, while the yen fell to a 2-1/2 year low against the U.S. dollar on expectations of a policy easing in Japan. Data on Friday showed that Europe's banks return to pay for emergency loans borrowed from the ECB during the ongoing debt crisis, as a sign of the growing economic and financial confidence there. The euro moved to $ 1.3459, still flat from last week's level of U.S. session but is still close to 11-month high at $ 1.3480 rate that occurred Friday. Euro will soon be faced with a series resistance level near $ 1.3500, including high numbers in 2012 at $ 1.34869, 50% retracement from the high in May 2011 to a low in July 2012 at the rate $ .3492, and the psychologically important figure at $ 1.3500.
Green Light For Euro, Ready to Earn 1.3500
Euphoria Euro ready to continue, finally, after the Euro finally penetrate the strong range against the U.S. dollar to rise movement, moved higher to new 11-month high at 1.3480 were triggered by a number of repayment of banks in Europe. Currently, the euro is still moving near the close of 1.3487 (high February 24, 2012), followed by 1.3491 (50% Fibonacci to decline in 2011-12), and then towards the psychological 1.3500 area. In order to decrease the movement, range of support to be found in the 1.3410 (low movement per hour in January 25) that will target 1.3349 area (January 25 low) and then to 1.3347 (MA-10 days). According to an analyst from BK, Kathy Lien, there are 3 factors that bring the euro rose strongly, data released by strong German IFO, repayment of European banks and U.S. stock markets rose with falling home sales data. After 1:34 rid area, the next area will be recorded between 1.3485 and 1.3525, which is the height of last year, with SMA-200 last week and 50% Fibonacci retracement at 2011 to the sell-off in 2012, so confirmation from Kathy Lien. "There will be a very important price levels since 1:35 is a big target area Euro", added Lien when he expects the euro will maintain technical penetration to target price at 1:35 ".
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