Forex Forecasts - Forex Trading Forecasts - Page 40

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...

EUR/USD – German Exports Weaker due to Eurozone Crisis

German Trade balance fell to 14.6B from 15.4B as exports dropped 3.4%, much more than analysts forecast of a 0.5% decrease. Data shows exports to European Union are down by 4.0%, while exports to the greater Eurozone fell by 5.7%...

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...

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Trading signals for Monday 07 January 2013

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

EUR/USD Technicals – Weekly Support Threatened

EUR/USD has been on the wane since the turn of the year, with prices pushing lower lowers and lower highs each day. The only exception being last Friday where USD weakened on the back of higher than expected unemployment rate...

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...


Yen Poised to Extend Overnight Gains on Risk Aversion

The Japanese Yen outperformed in overnight trade as Asian stocks declined, driving demand for safety-linked currencies. The MSCI Asia Pacific equity index fell 0.3 percent...


  


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