*profi-forex*
Joined: 10 Apr 1980
Posts: 0
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 Posted: Mon Sep 06, 2004 10:30 am Post subject: |
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[ Today`s data (06.09.2004) /
US MARKET IS CLOSE TODAY
05:30 GBP – NTC, Deloitte & REC Report of Jobs
06 0 DEM – German BBK Factory Orders m/m prev. -3.4% for. 1.5%
060 DEM – German BBK Factory Orders y/y prev. 4.2% for. 5.7%
130 GBP – BRC Retail Sales Monitor prev. 1.8% for. 2.0%
19:50 JPY – Official Reserve Assets prev. $819.2B
[06.09.2004 (03:15am US TIME)[/
AT FRIDAY USD CONSIDERABLY FORTIFY TO MOST CURRENCIES AFTER US DATA (NFP). NUMBER 144K WAS ALMOST LIKE WAS EXPECTED WHAT HELPED USD. ADDITIONALLY NUMBER CAUSED THAT TRADERS EXPECT NEXT RISE RATE BY FED. ONLY CAD AND NZD LEAN MORE REDUCTION OF PRICES WHAT DEPEND ON RISE THERE RATE IN THIS WEEK. ON MONDAY WE COULD BE WITNESSES VERY QUEIT DAY BECAUSE OF HOLIDAY IN USA, DURING EUROPEAN SESSION WE EXPECT A LITTLE BOUNCE.
FROM THUSDAY MARKET COULD START DISCONT WEDNESDAY`S BEIGE BOOK.
[EUR/USD[/
TECHNICAL MARKET STILL STAY WITHOUT RESUTLS. THE NEAREST SUPPORT AT 1.1950/80 REGION, WHICH LATELY THREE TIMES RESTAIN PRESSURE BELIVERS USD,BREAKINGTHROUGH THIS VERY STRONG SUPPORT COULD OPEN THE WAY TO 1.1500 WITH EARLIER SUPPORT AT 1.1750/ 1.1800 REGION.
AND FROM THE OTHER SITE STRONG RESISTANCE IS 1.2195 AND NEXT 1.2350/95. ONLY BREAKING ABOVE 1.2500 COULD OPEN THE WAY TO ATTACK NEW TOPS.
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