Analyst from the company ForexMart (ForeksMart)
USD / JPY. 04.08. Bears tested 110.00
Currency pair USD / JPY finished the day yesterday the pattern "absorption", down to the level of 110.00. Price updated local minima since June 15 amid weakening US currency, a reversal did not occur, we are waiting for further decline to 109.30.
On H4 bears tested the resistance level of 110.00. The pair went on to a phase of consolidation in anticipation of the publication of US labor market data.
04.08. fundamental analysis
The focus today:
USA:
Changing the number of people employed in non-agricultural sector
Unemployment rate
Canada:
employment change
PMI
The US dollar is waiting for today's US labor market report. The vast majority of traders voiced doubts about the previously "hawkish" Fed position, positive data can restore the confidence of investors in the economy of the United States, and the national currency.
Pound Sterling came under pressure after the decision of the Bank of England's monetary policy. Only 2 of the 8 officials of the central bank voted in favor of a rate hike, also worsened the forecast for GDP growth and wages.
The euro strengthened slightly against the US dollar and peaked in the last 9 months against the British pound.
Related posts
Analyst from company ForexMart
Analyst from the company ForexMart (ForeksMart) EUR / USD. 31.03. What will happen to the euro? The pair closed yesterday decrease. The euro started to...
Forecast from company ForexMart
The forecast from the company ForexMart (ForeksMart) Forecast USD / JPY for the week 23-27 January Currency pair USD / JPY during the last week corrected...
Analyst from company ForexMart
Analyst from the company ForexMart (ForeksMart) Technical analysis of the levels of Pivot 22.06. EUR / USD By the end of yesterday, the pair could be...
Next posts
- Currency purchases in August Finance
- US dollar falls in Asian trading
- German stock market closed mixed
No comments:
Post a Comment