الاثنين، 2 أغسطس 2010

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U.S. dollar may fall below the levels of 85 against the Japanese yen.

Arrived in the U.S. dollar to its lowest level in 15 years against the Japanese yen during trading on Wednesday, after the issuance of decisions the Fed U.S., which came to refer to the intention of the Fed U.S. support the economy through the reinvestment of funds obtained from the maturity of mortgage bonds and government debt , The Fed also noted that rates of economic recovery in the United States has slowed significantly in recent months and also decided to maintain the interest rates for an additional period without change.

Economic Analysis

U.S. Dollar USD

- The dollar limit the gains after the Fed's comments on the economic situation
About the U.S. dollar declined against the yen and lose a large chunk of its profits scored against other currencies like the euro, after the release of the data of Bey U.S. Federal, which indicated for the Fed to reinvest funds received from bonds, mortgages in order to support the economy as much as possible. The had recorded the U.S. dollar declined 0.1% to levels of 85.37 against the Japanese yen to return it to its lowest level against the Japanese yen during the eight months at 85.02, after it reached earlier in the levels of 84.82 in November against the yen to be the lowest levels of the U.S. dollar against Japanese yen over 15 years. But it was not performance in U.S. dollars similar to that against the Euro, where could the U.S. dollar to register a rise by 0.2% against the Euro to the levels of 1.3156, after hitting its lowest level in the earlier versus the Euro at 1.3334. It is worth mentioning the policy makers in the United States of America seem to take simple steps to streamline the financial policies again in order to support the economy and support economic recovery rates of America, through the reinvestment of proceeds from the mortgage debt to buy government bonds as he had expected a lot from the experts.

The EUR

- Decline of the euro against the U.S. dollar to its lowest level.
Recorded the European currency declined during trading yesterday against the U.S. dollar is trading down 1% on rates on Tuesday, comes the performance of the U.S. dollar when there were expectations of dealers not to do the Fed U.S. to take strong policies to reduce revenues dramatically. On the other hand The GBP also lower against the U.S. dollar to the lowest Msuiath during the week, with the issuance of data indicate the lack of recovery of the British economy levels is strong, in addition to the arrival of the cable to the high levels of height and reach to areas overbought, suggesting the possibility of corrective wave downside may occur on the cable as the experts predict. From the other hand, Pound also declined against the Japanese yen after the issuance of data on the housing sector the British and which referred to the decline in house prices for the first time in the year during the month of July, but in general have been trading on the Pound against the euro at levels of 83.14. but continued to pound to fall against the U.S. dollar rate of 1.4% during the past two days, but today is expected to release data on the rate of UK inflation report at 9:30 GMT, which will indicate the extent of recovery or slowing British economy.

Japanese Yen JPY

- Increase the Japanese yen in general against other currencies.
Japanese Yen rose against other currencies after a report the Federal Reserve the U.S. that the U.S. economy is recovering at a lower rate than expected, in addition to low rates of consumer confidence in British high Machinery Orders Japanese less than expected. And he had scored the Japanese yen rose to levels of 84.82 against the U.S. dollar, amid expectations of market participants about the possibility that Japan's central bank to intervene to amend the prices of the Japanese yen in the market and in order to reduce the value of the yen against the U.S. dollar, suggest that expectations that the Bank of Japan is aiming for the Japanese yen to levels 80 against the U.S. dollar during the coming period.

Crude Oil Crude Oil

- Lower crude oil to its lowest level in seven days.
Crude oil declined by 1.5% during trading yesterday, and with the loss of the U.S. economy a lot of its luster during the business day yesterday, and the second half of this year will be good for U.S. economy dramatically, and through the statements issued by the Fed U.S. during the business Yesterday after the meetings. has been trading on the crude oil on the levels of 80 dollars a barrel during trading on Wednesday, after the issuance of statements about the United States stockpiles of crude oil, which indicated a rise in U.S. imports of oil. but projections indicate that the current demand rates U.S. crude oil is expected to end the wave of the decline that lasted for four years so as to rise by 0.7%, but you should always remember that the growth rates of America is still the place many questions which could have an impact on the rates of crude oil coming period .

Technical Analysis

EUR / USD EUR / USD
The pair has made trading of HF with a decline in trading volumes during the day and a spouse's record drop to the levels of 1.3075, but stops husband at baseline upward trend and the decree since the ninth day of the month of June, so it is possible to engage in a deal to buy near the trend line It will be an opportunity to enter the market at these levels.

GBP / USD GBP / USD
Seems that the psychological state of customers on the cable has started to change, which has emerged form Candles Japan negative during the day Monday, a candle foster negative, in addition to the presence of candles Japan during the past two days indicate that there is no clear tendency for dealers for a man, so it is possible that dealing with the limits of support and resistance present in the moment until the break and determine the direction whichever is later, namely, 1.5700 and 1.5960.

USD / JPY USD / JPY
Husband's income in the oversold territory for many of the technical indicators, where there index the relative strengths of the hourly and daily in the oversold zone, which indicates the possibility of the rise of the husband during the next few days, in addition to the presence of the intersection of positive Slow Stochastic graph of four hours, so it is possible to engage in a deal to buy one today.

USD / CHF USD / CHF
Indicators show that long-term possibility of a wave of rising to the husband and approached the husband out of the space catch, which runs at the present time, where there index the relative strengths of the hourly and weekly in the oversold territory, as well as to the existence of the intersection of positive Slow Stochastic the weekly chart, so it is possible to engage in a deal to buy the husband for the medium and long term.

EUR / CHF EUR / CHF
Indicates the short term for the husband and there are prospects for the rise of the husband during the coming period, which travels pair channel forming bullish for several weeks now, and there are signs that this trend could continue to the next period, where there are index of relative powers in the oversold zone and on the graph hour, in addition to a negative impact on the intersection of stochastic, so it is possible to engage in the purchase of the husband and take advantage of the upswing is expected to take place during the coming period.

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