Forex.ee: Economic Daily Digest

Daily Digest of economic Forex.ee

Keep an eye on major economic news with us

Wednesday,
August 31

EUR/USD

current
price: 1.1140
(0.0%)

Range: at
the opening of 1.1142 Max. 1.1163 Min. 1.1129

All trend: down

expected
trend: Downward

expected
volatility: moderate

levels
support and resistance: P. S. 1.1094 1.1216

main
developments: Preview.
EU Consumer Price Index Change in the number of people employed in non-agricultural
sector by ADP in the US, pending sales index in the US housing market

Overview:
It seems that the dollar bulls exhale slowly, allowing the pair to retreat
from their session lows. Today, the couple did not remain stationary as
The euro zone is to publish several local reports, where the main role will play report
for changing the number of unemployed in Germany and the EU will present a
preliminary index of consumer prices in the euro area. Moreover, the US today
also add a little fuel to the fire by providing important data from the housing market,
thereby further specifying the direction of the pair.

GBP/USD

current
price: 1.3150
(0.5%)

Range: at
the opening of 1.3080 Max. 1.3158 Min. 1.3065

All trend: ascending

expected
trend: Downward

expected
volatility: low

levels
support and resistance: P. S. 1.3024 1.3146

main
developments: Change
the number of non-farm payrolls from ADP in the US Index
pending sales in the real estate market in the US

Overview: AT
Currently, the retreat from its session highs marked on
the level of 1.3100. Nevertheless, it seems that the pound regained its positive
mood today, showing moderate growth, after losing streak against
the US dollar. But the lack of fundamental releases from the UK
leave today under the influence of risk appetite, while the US will publish today
data from the housing market.

USD/JPY

current
price: 103.25
(0.3%)

Range: at
opening 102.96 Max. 103.32 Min. 102.85

All trend: ascending

expected
trend: ascending

expected
volatility: moderate

levels
support and resistance: P. S. 101.22 104.00

main
developments: Change
the number of non-farm payrolls from ADP in the US Index
pending sales in the real estate market in the US

Overview:
The pair continues its bullish trend for the past five sessions in a row,
updating this month highs above the 103.00. Sale yen mainly
way it based on the ongoing negotiations on further monetary easing
Japan's policy, as well as expectations of a possible rise in Fed rates this year.
In addition, today a report on Japanese industrial production is not
He lived up to expectations of traders, thereby encouraging the bears in the yen. And finally,
prevailing mood predisposition to more risky also did not
a pair of left unattended, putting pressure on the yen as of refuge.

USD/CAD

current
price: 1.3093
(0.0%)

Range: at
the opening of 1.3098 Max. 1.3114 Min. 1.3079

All trend: ascending

expected
trend: ascending

expected
volatility: low

levels
support and resistance: P. S. 1.2974 1.3164

main
developments: Change
the number of non-farm payrolls from ADP in the US, Canada's GDP, Index
pending sales in the real estate market in the US, US inventories of crude oil

Overview:
The pair extends its position after a sharp rise, marked on Friday, renewing
their highs above 1.3100, the fixed last August 10. Today
US dollar to maintain a positive mood on the back of strong data from the US,
presented yesterday. Moreover, Canadian bears today is also quite
strong against the backdrop of the inconclusive data on the Canadian Index of prices for raw materials and
oil prices fall, fixed this morning.

The best conditions for the start at the STP only Forex.ee! Sign up account is now

and feel the difference with the first deal!

your Europe ECN-broker,

Forex.ee

Forex ee Economic Daily Digest

Forex.ee: Economic Daily Digest Daily Digest of economic Forex . ee Keep an eye on major economic news with us Thursday, May 26 EUR / USD to restore some...

Market glass of Level 2 in Forex

Market glass of Level 2 (Level 2) in Forex - what is it for? quotes a glass or glass market is a display of market orders to buy or sell instruments in...