Forex Analysis October 8

Eur/usd Analysis


3. Getting started with a quarter of the period
of the balance sheet, the company analysts, the biggest jump in banks waiting for stock prices characterized the abortion. S & P 500 Index of the last nine financial institutions increased by 24% in 2012 despite the year's biggest rally to record levels by 58 percent in February 2007 under the still more valuable. Wall Street companies are signals of recovery in the housing market due to the growth forecast for third-quarter profit increased 21% and 32% in the fourth quartile. Industry groups in the S & P 500 Index of this ratio between the level of the highest points wins. Bulls, incentives, income support, and BB & T Corp. is the Fed. 'Tan KeyCorp. and Wells Fargo & Co. 'or splashing to help 84 percent of the companies, citing the bank thinks the rally will continue. Bears and increased regulation of the stock market gains will be limited to the traditional banks that are connected transactions will attract companies believe that down.
EUR / USD intraday U.S. stock markets due to public holidays while trying to maintain composure sales started at the beginning of the week after the opening of the European markets and the euro zone to continue in the negative Sentix investor confidence data from cacti to provide this decline to the level of 1.2936 during the day and decreased and now continues to movements in the level of 1.2942. Technically, look at the below 1.3000 resistance is important, and this resistance is expected to continue throughout the day declines. If the pair continues its downward movement continues to remain below the 1.3000 resistance add to the intra-day target level of 1.2935 will become inevitable. In order to continue to be lower than 1.30, such as declines intra-day resistance, which is an important support point must break the 1.2935 support. Break the 1.2935 support and 1.2875 support will continue until the pressure in the event of decrease in sales gözlemleneceğini say. Due to continued sales pressure intra-day operations as much as possible to keep away from buying and selling not buying opportunity as an opportunity to assess the current outputs are required. Basically, look at the day's meeting of euro zone bond auctions with fixed interest rates as a result of which will be released in France with EUR / USD pair could be the effect on. U.S. stock markets on the future of the euro zone, which throughout the day due to the need to pay attention to news.

NOTE: During the day, a meeting of European Union finance ministers of Spain 1 Explanations which will give rise to parity on the day of the rigid motions. Therefore, it is necessary to note that the result will be meeting throughout the day EUROGROUP.
Resistance Point: 1,3030-1,3035-1,3070 Support Point: 1,2935-1,2875-1,2845 Pivot: 1.3000