EUR/USD opened with a huge upward gap

September 16, 2013

Last Friday world financial markets closed mixed. In particular, in Europe the British FTSE 100 fell 0.08 percent down to 6,583.80 points, the German DAX advanced 0.18 percent up to 8,509.42 points, and the French CAC 40 grew 0.19 percent up to 4,114.50 points.

In Russia the MICEX index dropped 0.65 percent down to 1,440.74 points while the RTS index fell 0.35 percent down to 1,396.57 points.

In the USA the Dow Jones grew 0.45 percent up to 15,369.60 points, the NASDAQ advanced 0.18 percent up to 3,722.51 points, and the S&P gained 0.21 percent reaching 1,686.94 points.

Oil prices are going up slightly at this point. In anticipation of the results of the talks on Syria, investors are not in a hurry to take decisive steps. The price of October futures for the North Sea petroleum mix of mark Brent Crude Oil rose by $0.15, up to $112.78 a barrel. The price of October futures for light WTI oil lowered by $0.39, down to $108.21 a barrel.

Today EUR/USD opened with a huge upward gap. The pair’s advancement has been slowed down by the resistance level 1.3380 so far. In the upcoming days, the pair should cover the gap, i.e. go down to 1.3302.

Anna Gorenkova, NordFX Analyst

Publication source
NordFX information  NordFX reviews

January 20, 2017
The dollar has settled moderately lower
Asian stock markets were mixed overnight, after U.S. and European shares closed in the red Thursday. Japan and mainland China bourses managed to move higher (Chinese GDP beat expectations at 6.8%)...
January 20, 2017
A huge disappointment in the UK data
UK retail sales fell most since 2012. We see he fastest pace of decline in almost five years in December. It is due to sales of... pretty much everything from household goods to clothing and food...
January 20, 2017
Trump takes office today. Markets await inauguration speech
Investors await Trump's inauguration and speech due later today as he takes office as the 45th President of the United States. The U.S. dollar was seen giving up some of the gains yesterday with some volatility coming off the EURUSD on the back of the ECB meeting...

Tickmill Rating
FIBO Group Rating
OANDA Rating
HotForex Rating
Trade360 Rating
FBS Rating

Dragon Options Rating
TropicalTrade Rating
OptionTrade Rating
Banc De Binary Rating
Migesco Rating
OptionBit Rating