|
|
Forex: EUR/USD trading firmly on top of one.3060
In the initial trading session when Christmas vacation the one currency is trading during a forty pips vary up to now with scarce volume and restricted volatility as markets are slowly probing the festive season.
The US client Confidence Index is due anon within the European afternoon, with a raise to fifty eight.5 from 56.0 in line with forecasts.
At this moment the cross is up zero.16% at 1.3069
A breakout of one.3120 (high Dec.22), would result in one.3199 (high Dec.21) then 1.3237 (high Dec.13) and 1.3282 (low Dec.9).
On the other aspect, a violation of one.3017 (low Dec.22) would open the door to one.2983 (low Dec.16) then 1.2945 (low Dec.14) and 1.2904 (low Jan.11).
In the initial trading session when Christmas vacation the one currency is trading during a forty pips vary up to now with scarce volume and restricted volatility as markets are slowly probing the festive season.
The US client Confidence Index is due anon within the European afternoon, with a raise to fifty eight.5 from 56.0 in line with forecasts.
At this moment the cross is up zero.16% at 1.3069
A breakout of one.3120 (high Dec.22), would result in one.3199 (high Dec.21) then 1.3237 (high Dec.13) and 1.3282 (low Dec.9).
On the other aspect, a violation of one.3017 (low Dec.22) would open the door to one.2983 (low Dec.16) then 1.2945 (low Dec.14) and 1.2904 (low Jan.11).
0 comments:
Post a Comment