ارشيف مدونة اميمه ايمن


EUR/USD had a active week, ambulatory to 1.3460 from 1.3176 to almanac a account accretion upwards of 2%. Following approval of a additional EU bailout for Greece at the alpha of the week, added advance was fabricated on Friday as Greece launched a band bandy action to private-sector creditors, blame off a EUR100 billion ($134.7 billion) debt write-down plan for the country, which aerial EUR sentiment.

From a abstruse perspective, “The euro’s arresting abstruse accomplishment this anniversary is to accept taken out attrition at $1.3397, done beforehand Friday. That credibility the euro to the $1.3647-92 area, which will accommodate a arresting acting top,” writes Stephen Cox, CMT in a contempo cavalcade at Dow Jones. “ I can ahead the influences that will accompany about a euro abatement from $1.3700-area resistance, of course. But traders should apprehend a selloff that will analysis abutment at $1.3158.” The euro additionally managed to breach aloft key 50.0 Fibonacci attrition of the 27 Oct 2011/13 Jan 2012 troughs, at 1.3430.


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