GCI - Forex Forecasts

EUR/USD: Euro retreated as debt ceiling fears bolstered demand for the greenback

The pair is expected to find support at 1.3240, and a fall through could take it to the next support level of 1.3190. The pair is expected to find its first resistance at 1.3364, and a rise through could take it to the next resistance level of 1.3438...

GBP/USD: Pound reverses previous session losses

The pair is expected to find support at 1.6032, and a fall through could take it to the next support level of 1.5999. The pair is expected to find its first resistance at 1.6100, and a rise through could take it to the next resistance level of 1.6135...

EUR/USD: Euro trading lower ahead of inflation data in the Euro-zone

The pair is expected to find support at 1.3328, and a fall through could take it to the next support level of 1.3300. The pair is expected to find its first resistance at 1.3393, and a rise through could take it to the next resistance level of 1.3429...

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EUR/USD: Euro extending its Friday’s gains

The pair is expected to find support at 1.3292, and a fall through could take it to the next support level of 1.3192. The pair is expected to find its first resistance at 1.3448, and a rise through could take it to the next resistance level of 1.3504...

EUR/USD: Euro gained as ECB unanimously left rates unchanged; trading lower this morning

The pair is expected to find support at 1.3108, and a fall through could take it to the next support level of 1.2957. The pair is expected to find its first resistance at 1.3345, and a rise through could take it to the next resistance level of 1.3431...

EUR/USD: Euro trading lower as investors await the ECB policy meeting later today

The pair is expected to find support at 1.3023, and a fall through could take it to the next support level of 1.3. The pair is expected to find its first resistance at 1.3082, and a rise through could take it to the next resistance level of 1.3118...


GBP/USD: BRC shop price inflation remained stable at 1.5%

The pair is expected to find support at 1.6010, and a fall through could take it to the next support level of 1.5977. The pair is expected to find its first resistance at 1.6096, and a rise through could take it to the next resistance level of 1.6148...

GBP/USD: UK to moderately recover in 2013, indicates BCC

The pair is expected to find support at 1.6045, and a fall through could take it to the next support level of 1.5979. The pair is expected to find its first resistance at 1.6152, and a rise through could take it to the next resistance level of 1.6195...

Trading signals for Monday 07 January 2013

GCI Forex News - Trading signals for Monday 07-01-2013...

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GBP/USD: UK’s Lloyds employment confidence index rises in December

The pair is expected to find support at 1.6003, and a fall through could take it to the next support level of 1.597. The pair is expected to find its first resistance at 1.6076, and a rise through could take it to the next resistance level of 1.6116...

  


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