Tuesday, August 2, 2016

Forex ee Economic Daily Digest

Forex.ee: Economic Daily Digest

Daily Digest of economic Forex.ee

Keep an eye on major economic news with us

Friday, May 27

GBP/USD It is trading in a narrow range of 25 points between the marks
1.4659 and 1.4682 for most of the Asian session. The pair retreated from
chetyrohnedelnyh highs above the 1.47 level, and secure the
employed positions. Since the calendar of events on the UK today is empty,
traders attention will be focused on the US quarterly GDP, and the hawk
comments from Federal Reserve Chairman John. Yellen that
provide the impetus for further directions pair. At the moment the pair
It is trading at 1.4666 with the current levels of support and resistance,
located at around 1.4582 and 1.4782.

EUR / USD
It is trading slightly higher today, while remaining below the level of 1.12.
It is expected that the dollar bulls take control of the situation, so
traders will be closely watching the US major releases such as
report on US GDP, which is expected to improve to 0.9% compared with
the previous 0.5%, as well as a speech by Federal Reserve Chairman J. systems.
Yellen, which will provide some support to the US currency for all
directions. The pair is currently trading at 1.1180 with current levels
support and resistance, located at around 1.1117 and 1.1253.


USD / CHF remains
in the range of 10 pips this morning after a week-tested
at least at the level of 0.9872 on Thursday. Today, traders will be focused
on quarterly US GDP and the speech Fed chairman J.,
Yellen. It is expected that in the case of positive data on GDP, the dollar bulls necessarily
take control of the pair. At the moment the pair is trading at 0.9897, trying to
break of key resistance at 0.99. Support and resistance levels
for the pair located at 0.9842 and 0.9952.

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