There was data published that were negative. USD / JPY improved, but finds resistance in the 99.00 area, maximum recorded in the area of 99.14 for some time and then the pair was trading at 98.50 at the beginning of the session in New York. In my view, what happened today in the market surprises, as it awaited more data published from the date today. It is estimated that the GDP figures will be negative, but the levels of resistance in the major currencies will result in a two-way trade. It is estimated that the greenback will maintain the current ranks. Have a good weekend. GBP / USD Resistance 3: 1.6830 Resistance 2: 1.6750 Resistance 1: 1.6680 New York: 1.6495 Support 1: 1.6350 Support 2: 1.6280 Support 3: 1.6150 Volatility is reduced slightly. The pair reached the retraction fibonacci and the area of resistance, so a reversal is likely.
You may even rebound, but queen high volatility. Aggressive traders can buy now, but high volatility is expected. Several traders took profits and sovereign states were on the scene, with respect to the pound and the euro. And above all operators in the Middle East. Friday: No publications EURO / USD Resistance 3: 1.3350 Resistance 2: 1.3300 Resistance 1: 1.3229/30 New York: 1.3066 Support 1: 1.2950 Support 2: 1.2880 Support 3: 1.2800 Comments The pair was around 1.3000, extending its range.
A pullback is likely, and may to reach the pair of the 1.2700 area. The improvement in the stock market helped boost the price of par. The pair came under pressure and it is advisable to buy. It is expected more volatility. The oil also added pressure, but the pair remained firm, if oil can be picked up that takes the pair with him. Double action is awaited. Traders note official names overnight this time. Several traders took profits despite the uncertainty in the market.