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On usd / jpy heavy resistance is put by bears, but bulls should get out of defense of resistance on hands 106.30-106.50 Tops of bulls to win this walkie market is strongly bought and investors should be positioned to tomorrow's market data because very important data they are from the forex market.
ewatuszynska's Blog
EURO / USD ANALYSIS
On the EUR / USD chart today's black candle covers yesterday's white, the maximum of which fell slightly below the important resistance at 1.2363. The important thing is that we have returned below zone 1.2295-1.2322 (this is still the key resistance in case of potential rebound). The clear breaking of the last minimum at 1.2257, and thus with breaking the support at 1.2245, may give arguments for the development of a downward wave resulting in testing the key area at 1.2150 (the hole from the b…
EURO / USD ANALYSIS
On the EUR / USD chart today's black candle covers yesterday's white, the maximum of which fell slightly below the important resistance at 1.2363. The important thing is that we have returned below zone 1.2295-1.2322 (this is still the key resistance in case of potential rebound). The clear breaking of the last minimum at 1.2257, and thus with breaking the support at 1.2245, may give arguments for the development of a downward wave resulting in testing the key area at 1.2150 (the hole from the b…
EURusd analysis
Positive surprise with NFP data (as many as 313,000 new jobs in the non-farm sector in February) finally gave way to a negative surprise in the form of a slower than expected increase in wage growth (2.6% y / y) - the daily balance of the dollar is negative. The EUR / USD chart shows that the market is trying to correct yesterday's decline. We managed to return above 1.2322, although the infringement is small. However, attention is drawn to the fact that in the first reaction to data from At 2.3…