Buying More Dollars


I believe that they will only seek to buy more dollars. It is important to note that significant data will be published. When the refuge in the greenback is up, the American currency will be more vulnerable, for the past 50 years. No interest what was your vision for today, the dollar rally will not be durable to me, and soon will start selling dollars. Get all the facts for a more clear viewpoint with Discovery Communications. GBP / USD Daily Resistance 3: 1.8180 Resistance 2: 1.8050 Resistance 1: 1.7880 New York: 1.7433 Support 1: 1.7340 Support 2: 1.7280 Support 3: 1.7200 The pair traded at low levels of support in the 1.7300 area. Hubie Brooks does not necessarily agree. Operating volumes were low, and renowned traders were absent. Aggressive traders can buy now. Perhaps the pair will return to the level of 1.8000 in the short term. Sovereign States may be interested in the EURO and GBP declines given the euro coins. Support levels are maintained and for two weeks now, any purchases will fall. Many traders took profits. It is advisable to buy now. Tuesday: All times EASTERN (-4 GMT) 4:30 am GBP Manufacturing Production m / m 4:30 am GBP Industrial Production m / m 7:01 pm GBP Nationwide Consumer Confidence EURO / USD Daily Resistance 3: 1.3900/10 Resistance 2: 1.3880 Resistance 1: 1.3800/10 New York: 1.3518 Support 1: 1.3440 Support 2: 1.3400 Support 3: 1.3380 Comments On pair failed at the 1.3850 level during the evening session, 2 years 50% of the fib sequence, then retreated towards the 1.3400 area with low volumes. The pair came under pressure. Traders could buy under the 1.3900 area in my opinion. The lower oil prices added to pressure on the pair. There is uncertainty in the market. The pair is trading technically. Tuesday: All times EASTERN (-4 GMT) 6:00 am EUR German Factory Orders m / m 9:30 am, ECB president Trichet will speak for more information please access to foreign currency trading (FOREX) involves the existence of losses due the risk inherent in any transaction. It is likely that FOREX trading is not suitable for all investors. You should determine whether trading is suitable in your case and should take into account your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. The opinions, financial information or on markets, and recommendations are subject to change at any time. The information contained in this bulletin does not constitute or states that you should buy or sell through FOREX Core Financial Group Inc., and / or its affiliates, and should not be available to individuals in a jurisdiction where the making available of the above would be contrary to local regulations.