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Does it affect the Republican Party on issues of consumer confidence report from the University of Michigan?
In light of the increasing controversy over the Republican Party over the past week and the exit of Republican "Anthony Weiner," (New York County) from his office scandal and criticism of economic policies and means of stimulating growth, followed by Barack Obama, it is likely to be exposed levels of consumer confidence in America to the declines sharp, which will appear through the report of the University of Michigan today. But might not the U.S. dollar against many of the weaknesses of the event, and it also occurs normally in the Oha high rates of risk aversion.
Economic Analysis
U.S. dollar
Conflict of interest with the movement of the dollar traders manufacturing dataContinued weak U.S. economic data put pressure on the U.S. dollar yesterday, as investors continued to focus on the differences between U.S. interest rates and European countries. The data showed the industrial sector of the Philadelphia slowdown in the activity of this sector during the last month, raising the degree of risk aversion. These data are compatible with European data, which was announced earlier this month, and that the decline in UK retail sales may not translate to fly to asset security, and continue U.S. economic data in the weak and slow down, where the interference levels of world production at the stage of decline. If this data has been weak that it is now, traders may continue to put pressure on the values of high-risk assets, while witnessing the U.S. dollar mixed results. Today will be the announcement of the consumer confidence index from the University of Michigan, which is likely to support the recent news that came readings indicate a slowdown in the growth rate. In light of the increasing controversy over the Republican Party over the past week and the exit of Republican "Anthony Weiner," (New York County) from his office scandal and criticism of economic policies and means of stimulating growth, followed by Barack Obama, it is likely to be exposed levels of consumer confidence in America to sharp declines, which will appear through the report of the University of Michigan today. But might not the U.S. dollar against many of the weaknesses of the event, and it also occurs normally in the Oha high rates of risk aversion.
Euro
Euro Makes Gains in the middle of the trading day with a weak U.S. dataThe euro rose yesterday in the later trading sessions, which helped the economic data and some political events on the ability of investors to balance concerns about debt and the differences in interest rates. The U.S. economic data led vulnerable to many traders warned to seek safety from the U.S. currency. After reducing the decline in the Fed Manufacturing Index Vveladlvia yesterday, investors are focusing too much went to Greece for the possibility of other financial assistance, where the optimism began to emerge in the market yesterday in this regard. During today's trading, will be announced today two significant reports from the first; the first at 9:00 GMT, the trade balance, a report from Italy. It is expected that the coming slowdown in the Italian deficit. These data may help to support the impending growth in the Italian market. The second report will come at 10:00 GMT, is about the balance of trade of the euro area, which measures the rate of change in the value of goods imported and exported. It is expected to increase the rate of trade deficit in the region, which could put pressure on the euro before closing this week. The focus of traders in the market at the moment on the news surrounding the allocation of other funds for Greece, after the weak U.S. economic data caused the change many of the conservative investment approach. It is expected to increase the strength of the euro did not find today that the U.S. dollar in its support.
Japanese Yen
Cooling of the movement of trading the Japanese yen is relativelyJapanese yen was trading mixed since Thursday, rising against many currencies while the declines against other currencies. After a week of ups and downs, it seems that the Japanese Yen is preparing to make gains today because investors away sharply from a high-risk assets. It seems that the tendency to risk aversion may outweigh the optimism that prevailed in the market yesterday, prompting many investors to the direction to the Japanese Yen against higher-yielding currencies like the euro and who scored the lowest level in 6 weeks during the trading session in the afternoon yesterday. The yen was trading down somewhat against the U.S. dollar, as the pair rose to the levels it reached before the Japanese government intervention in the market near the level of 80.00. Remained stable yesterday about the level of heading 80.30 has increased the level of 80.90 L with the opening of the Asian trading session today. Oama and continued data from the West in its weakness, may find a strong yen, Dan before closing this week.
Crude oil
Oil prices fall as investors sought the safetyOil prices fell below $ 92 a barrel yesterday, shouting after the report, which came on Wednesday from the U.S. for lower U.S. oil stockpiles. It is worth mentioning that reports of U.S. oil inventories have shown a significant growth the past few weeks, vinegar before being exposed to this recent decline. It was the sudden stop at the rate of growth stocks have a severe impact on the value of crude oil, as oil fell from its highest level at $ 103 a barrel to close at below $ 92 a barrel. The values for the U.S. dollar has surged against the euro in the last period to the highest level in 3 weeks at 1.4160, which hurts the value of crude oil. In the spin-off movement of the pair today, traders may see a slowdown in the movement of oil to some extent before the end of the week. And about whether traders decided to push oil prices higher due to the popularity of tangible assets or not, or if they decide to stay away from black gold because of risk aversion, this is what Snchdh next week.
Does it affect the Republican Party on issues of consumer confidence report from the University of Michigan?
In light of the increasing controversy over the Republican Party over the past week and the exit of Republican "Anthony Weiner," (New York County) from his office scandal and criticism of economic policies and means of stimulating growth, followed by Barack Obama, it is likely to be exposed levels of consumer confidence in America to the declines sharp, which will appear through the report of the University of Michigan today. But might not the U.S. dollar against many of the weaknesses of the event, and it also occurs normally in the Oha high rates of risk aversion.
Economic Analysis
U.S. dollar
Conflict of interest with the movement of the dollar traders manufacturing dataContinued weak U.S. economic data put pressure on the U.S. dollar yesterday, as investors continued to focus on the differences between U.S. interest rates and European countries. The data showed the industrial sector of the Philadelphia slowdown in the activity of this sector during the last month, raising the degree of risk aversion. These data are compatible with European data, which was announced earlier this month, and that the decline in UK retail sales may not translate to fly to asset security, and continue U.S. economic data in the weak and slow down, where the interference levels of world production at the stage of decline. If this data has been weak that it is now, traders may continue to put pressure on the values of high-risk assets, while witnessing the U.S. dollar mixed results. Today will be the announcement of the consumer confidence index from the University of Michigan, which is likely to support the recent news that came readings indicate a slowdown in the growth rate. In light of the increasing controversy over the Republican Party over the past week and the exit of Republican "Anthony Weiner," (New York County) from his office scandal and criticism of economic policies and means of stimulating growth, followed by Barack Obama, it is likely to be exposed levels of consumer confidence in America to sharp declines, which will appear through the report of the University of Michigan today. But might not the U.S. dollar against many of the weaknesses of the event, and it also occurs normally in the Oha high rates of risk aversion.
Euro
Euro Makes Gains in the middle of the trading day with a weak U.S. dataThe euro rose yesterday in the later trading sessions, which helped the economic data and some political events on the ability of investors to balance concerns about debt and the differences in interest rates. The U.S. economic data led vulnerable to many traders warned to seek safety from the U.S. currency. After reducing the decline in the Fed Manufacturing Index Vveladlvia yesterday, investors are focusing too much went to Greece for the possibility of other financial assistance, where the optimism began to emerge in the market yesterday in this regard. During today's trading, will be announced today two significant reports from the first; the first at 9:00 GMT, the trade balance, a report from Italy. It is expected that the coming slowdown in the Italian deficit. These data may help to support the impending growth in the Italian market. The second report will come at 10:00 GMT, is about the balance of trade of the euro area, which measures the rate of change in the value of goods imported and exported. It is expected to increase the rate of trade deficit in the region, which could put pressure on the euro before closing this week. The focus of traders in the market at the moment on the news surrounding the allocation of other funds for Greece, after the weak U.S. economic data caused the change many of the conservative investment approach. It is expected to increase the strength of the euro did not find today that the U.S. dollar in its support.
Japanese Yen
Cooling of the movement of trading the Japanese yen is relativelyJapanese yen was trading mixed since Thursday, rising against many currencies while the declines against other currencies. After a week of ups and downs, it seems that the Japanese Yen is preparing to make gains today because investors away sharply from a high-risk assets. It seems that the tendency to risk aversion may outweigh the optimism that prevailed in the market yesterday, prompting many investors to the direction to the Japanese Yen against higher-yielding currencies like the euro and who scored the lowest level in 6 weeks during the trading session in the afternoon yesterday. The yen was trading down somewhat against the U.S. dollar, as the pair rose to the levels it reached before the Japanese government intervention in the market near the level of 80.00. Remained stable yesterday about the level of heading 80.30 has increased the level of 80.90 L with the opening of the Asian trading session today. Oama and continued data from the West in its weakness, may find a strong yen, Dan before closing this week.
Crude oil
Oil prices fall as investors sought the safetyOil prices fell below $ 92 a barrel yesterday, shouting after the report, which came on Wednesday from the U.S. for lower U.S. oil stockpiles. It is worth mentioning that reports of U.S. oil inventories have shown a significant growth the past few weeks, vinegar before being exposed to this recent decline. It was the sudden stop at the rate of growth stocks have a severe impact on the value of crude oil, as oil fell from its highest level at $ 103 a barrel to close at below $ 92 a barrel. The values for the U.S. dollar has surged against the euro in the last period to the highest level in 3 weeks at 1.4160, which hurts the value of crude oil. In the spin-off movement of the pair today, traders may see a slowdown in the movement of oil to some extent before the end of the week. And about whether traders decided to push oil prices higher due to the popularity of tangible assets or not, or if they decide to stay away from black gold because of risk aversion, this is what Snchdh next week.
Technical Analysis
EUR / USD:Register pair higher over the past three weeks, until it reached the levels of 1.4700 but failed to penetrate, which refers to the possibility of the pair fell to a 50% correction of the wave that started since the end of the month of May to the beginning of the month of June. In general, the pair has already registered a decline in part and stopped at the levels of 1.4330, which represents 20-day moving average. But the Stochastic indicator on the daily chart it is likely that there will be a further decline of up to levels of 1.4250, which represents the proportion of 61.8% correction of the same wave emerging. In the case of decline under those levels it will be expected to continue to decline until the levels of 1.3970, which represents the moving average 100 days. In terms of resistors, it is at levels of 1.4570 and 1.4700.
GBP / USD:Indicate the Japanese candle on the weekly chart that it is expected that the husband comes in the wave of the next low period. But no doubt we will need more emphasis on that vision during the trading week. It is worth mentioning the pair had registered a decline in part already has reached levels of 38% correct and that the bullish wave, which began in December last until April. It is possible that the pair bounce upward slightly from the levels of 1.6180. As for the resistance levels are located at 1.6400 then 1.6460 then 1.6550. As for the support levels are located at 1.6060 and then 1.5935.
U.S. Dollar / Japanese Yen:Did not record the Japanese yen change significantly from last week's transactions with his attempts fall under the levels of 80, but these attempts did not succeed. In general, the pair are still handling it under the levels of 20-day moving average at 81. Which may give an opportunity for dealers to enter into a deal to sell the pair resistors. The first is resistance at 81.75 and 82.25. As for the levels of support is at 79.50 and 76.11.
USD / CHF:The pair is currently testing resistance at 0.8450 levels, and in general, in case of breach of that resistance, it will be expected to continue to rise until the levels of 0.8855, which is located under the levels of 20-day moving average. Which may provide an opportunity for clients to engage in the sale of the husband. The support for the pair at a time when the current 0.8325.
EUR / CHFThe pair for the benefit of the Greek debt crisis, and EUR / CHF therefore the lowest level on record at 1.1985. And reduced stochastic on the daily chart, indicating the potential to take the downward movement. Forex traders may wish to sell the pair with a resistance at the level of 1.2315, followed by the level of 1.2470.
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EUR / USD:Register pair higher over the past three weeks, until it reached the levels of 1.4700 but failed to penetrate, which refers to the possibility of the pair fell to a 50% correction of the wave that started since the end of the month of May to the beginning of the month of June. In general, the pair has already registered a decline in part and stopped at the levels of 1.4330, which represents 20-day moving average. But the Stochastic indicator on the daily chart it is likely that there will be a further decline of up to levels of 1.4250, which represents the proportion of 61.8% correction of the same wave emerging. In the case of decline under those levels it will be expected to continue to decline until the levels of 1.3970, which represents the moving average 100 days. In terms of resistors, it is at levels of 1.4570 and 1.4700.
GBP / USD:Indicate the Japanese candle on the weekly chart that it is expected that the husband comes in the wave of the next low period. But no doubt we will need more emphasis on that vision during the trading week. It is worth mentioning the pair had registered a decline in part already has reached levels of 38% correct and that the bullish wave, which began in December last until April. It is possible that the pair bounce upward slightly from the levels of 1.6180. As for the resistance levels are located at 1.6400 then 1.6460 then 1.6550. As for the support levels are located at 1.6060 and then 1.5935.
U.S. Dollar / Japanese Yen:Did not record the Japanese yen change significantly from last week's transactions with his attempts fall under the levels of 80, but these attempts did not succeed. In general, the pair are still handling it under the levels of 20-day moving average at 81. Which may give an opportunity for dealers to enter into a deal to sell the pair resistors. The first is resistance at 81.75 and 82.25. As for the levels of support is at 79.50 and 76.11.
USD / CHF:The pair is currently testing resistance at 0.8450 levels, and in general, in case of breach of that resistance, it will be expected to continue to rise until the levels of 0.8855, which is located under the levels of 20-day moving average. Which may provide an opportunity for clients to engage in the sale of the husband. The support for the pair at a time when the current 0.8325.
EUR / CHFThe pair for the benefit of the Greek debt crisis, and EUR / CHF therefore the lowest level on record at 1.1985. And reduced stochastic on the daily chart, indicating the potential to take the downward movement. Forex traders may wish to sell the pair with a resistance at the level of 1.2315, followed by the level of 1.2470.
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