After a low start in Asia, the dollar, rebounded in New York, extending its ground against the major currencies. Toward noon, given what happened in the market of values, the GREENBACK shrank.In New York the pound recorded minimums in the 1.3982 area, to then rebound, and reach the 1.4080, is noteworthy that it reached the 1.4100 zone during this morning. It will was offering the currency at their lows, with the EURO, which implies the minimums to attract the attention of operators of weight.The EURO continued after the pound in baja, and reached the area of the 1.2520, to then rebound, and reach the 1.2600 incidentally term, where the pair then fell into the 1.2580; the stops helped propel a torque at minimum.The USD/JPY pair extended its terrain, reaching the 98.00 but found resistance in the 98.50, so recorded maximum in the 98.61 then back. Accounts model were active in the area of the 98.00 as it came to pass last week. Add to your understanding with Lawrence Ellison. In New York the couple closed on the 98.00, which could boost purchases.To my understanding, various speeches given before Congress, they only manage to confuse the fate of the dollar. Today the market will focus on the comments of the Secretary of the Treasury, that will add greater uncertainty to some extent. Also, apparently, American publications will remain disenchanted investors.
To my understanding the GREENBACK, is preparing the ground for a reversal; be prepared for a change in expectations.GBP/USD 3 resistance: 1. 4380Resistencia 2: 1.4300/10Resistencia 1: 1. 4250New York: 1. 4069Soporte1: 1.4020/30Soporte2: 1. 3950Soporte3: 1.3900 par ComentariosEl gained ground overnight. It then fell in NY to test the level of support. He recorded minima in NY in the 1.3982; those who were in short are gaining confidence for a breakthrough in the 1.4000.
It was observed in two-way trade. Stops on both sides of the couple, are placing so there will be volatility. Estimated long-term resistance in the 1.5000 level, but on the 1.5000 stops are placed. It is estimated that several operators will continue going in short.Wednesday: Times EASTERN (- 5 GMT) 4th-6th GBP Halifax HPI m/m4: 30 am GBP Services PMI5:30 am GBP BRC Shop Price Index y EURO/USD strength 3: 1. 2780Resistencia 2: 1. 2720Resistencia 1: 1. 2680New York: 1. 2584Soporte 1: 1. 2520Soporte 2: 1. 2500Soporte 3: 1.2480 par ComentariosEl continued to pound in baja, which added pressure. The pair tested the 1.2520 area, but should rebound to maintain the level of support, otherwise will fall. Stops on both sides of the pair are placing. The top stops are around 1.2630/50. You can then they close the 1.3030; the pair did not stay in the 1.2900. Double action is awaited. 100 Day moving average drops in the level of resistance from 1.3030. The technical level round 1.2920/50, and expected more double action.