Daily Resistance

Scheduled events and speeches with respect to the EURO appear in the background, given the current state of the market. Oil fell slightly in the morning, but the EURO, it focuses on the oil. In my view, the rise of crude oil in the coming days will be the focus when you finish announcing the rescue plan, as oil above $ 100/por barrel, eventually forcing the Federal Reserve to cut the interest rates. The USD / JPY was under pressure but held above 105.00; registered troughs in the area of 105.15. (Similarly see: Charles Schwab). It is estimated that the pair could jump up and test the 103.50 area. Maximum recorded in the area of 105.93, leaving the pair in a tight range, and positioning in an area of indecision apparently, according to the graphs observed. It is estimated that the pair will test the 105.00 area on the short term. The Swissy recovered after yesterday's crash, the area recorded highs of 1.0860 and the 1.0724 lows. Frequently U.S. Mint has said that publicly.

At the beginning of the European session the pair was larger purchases, so it is assumed that they were in short took profits. It appears that the USD will test lows last week compared to USD / JPY, and could reach the level of support in the rest of the pairs for the next few days. Aggressive traders could open orders to short the USD, speculating on its decline. GBP / USD Daily Resistance 3: 1.8700 Resistance 2: 1.8680 Resistance 1: 1.8620/30 New York: 1.8559 Support 1: 1.8480 Support 2: 1.8420/30 Support 3: 1.8380 Forex Graphics torque was under pressure, a little positive news ahead.