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Saturday, February 4, 2012

Forex weathermap - EURUSD




11: 30 GMT (Global-View.com) 3 Feb - looks a touch the Sun today than the EURUSD is tightened before the US jobs report, support from the crosses. One reason may be defensive trade for the third pre weekend following an agreement of the Greek debt to avoid, although this one seems closer to the hand. This should be in listed are, but you can not a knee jerk reaction, especially if EURUSD managed today close over 1.32 exclude. Re 1.32 which was 4 days pattern around him yesterday, normally a bearish signal broken, but this has so far not translated a sell-off. It would be probably a step above 1.3240-50 to a squeeze on longer-term shorts take.
Daily Jay Meisler Forex WeatherMap
3. February 2012 EURUSD (current rate: 1.3182, O/N 1.3114 1.3185 area)
Outlook: Blocking a surprise in NFP, adjustments (and risk mood) over the weekend, trading will probably dominate. The deviation is set while in 1.31 1.32 1.3150, which this week has acted numerous times. Fixed break from 1.31 1.32 will signal the next directed movement.
Range:
Resistance
1.3354
1.3243-50
1.3200-18-33
1.3115
1.3085
1.3026

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