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  1. #1
    aslanbash is offline Junior Member
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    Default Risks of Today : 06 Feb

    Source: http://forexnews.varolmak.com

    EurUsd The downward trend from 1.3072 to 1.2750 spanning the last three years has demonstrated the transient nature of the upward trend of the euro. 1.2825 being the initial resistance (tested once this morning, a reversal of 23.6% on the movement above). The drop is placed under the spotlight, a movement-building courses and the employment figures released today NFP target 1.2707 (the lowest in the February 2) via 1? 2750, a setback could lead to the final return of the rising euro with 1.2813 and 1.2840 in sight.

    GbpUsd pair Pound / dollar was up to 1.4577, before declining for lack of momentum. The bias in the meeting nevertheless share to decline as a minor resistance remains 1.4324. As mentioned earlier, a low to medium term may be at 1.3053 after a collapse to maintain support in the key long term 1.3680. A new rebound towards the next resistance of 1.5722.

    USDJPY DOLLAR / YEN The decline of the yen yesterday saw the pair reached a high of 92.28, the highest in the 8 January. The positions taken contrary to risk meant that the movement of pairs was inversely negotiated. 91.03 continues to support initial (50% reversal). The continuing weakness of the yen opens the door to 91.68 and 92.

    UsdChf The pair crossed the previous range to reach a high of 1.1743 and development consolidation is consistent with the view that the rise from 1.0366 is still valid. The increase beyond 1.1743 will confirm the resumption of the rebound and seek a new test of the resistance of 1.2248 / 96. Please note that the break of 1.1400 support will confirm that rebound from 1.0366 has reached its term and cause a more pronounced decline to a support of 1.0864.

    Source: http://forexnews.varolmak.com
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  2. #2
    aarradcliff is offline Junior Member
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