RobertPapon

RobertPapon

According to yesterday's forecast, the market has led to a small correction of recent declines. Resistance level of 1.08 was not broken at night, allowing the supply to push the exchange rate towards support at 1.0718. Unfortunately, the market could not break this level today and additionally surprisingly worse US data, allowed the demand for another attempt to...

RobertPapon

Another day in which we recorded declines in the vicinity of the support that indicated yesterday. Recorded a minimum level 1.0713. Today's data from Europe and the US were mixed and the market more he wondered how the negotiations will be resolved with Greece. None of the parties does not want to compromise the position of Greece becomes dangerous and difficult...

RobertPapon

According to yesterday's forecast (decreases in the region of 1.08), the market headed south and we saw at least on the level of 1.0809. Common currency did not help better data from Europe and the US data on the sale of the property, very well, what has promoted the dollar. At present, the common currency pregnancy unannounced information about the agreement with...

RobertPapon

target 1,08

RobertPapon

Target 1,08

RobertPapon

Analyzing the chart above we can conclude that the expected upside breakout was a false stroke and quickly got back below 1.1032. During today's session was also pierced by narrow consolidation support at 1.09. At the moment the market is under correction declines and tries to get back above the important resistance level at 1.09. Assuming this to be just a...