Euro Dollar: The euro has suffered from a lack of confidence Thursday, August 12, 2010 at 11:51

Always misdirected this morning against the dollar, the euro suffers from fears of a global economic recovery soft. An atmosphere that has cooled significantly in the trading floor since the Fed's statement following its decision Tuesday not to change its main interest rate. For now, as confirmed by the technical analysis of major indices on both sides of the Atlantic, the gauge of short-term confidence is very unfavorable for the euro currency 'at risk' par excellence.

Around 11:40 am, the spot EURUSD is approximately 1.2850.

From a graphical perspective, the currency pair still has a pronounced downward bias, as seen on the daily schedules. However, to guard against a potential technical rebound could take place on equity markets - which would not fail to startle our currency - currency traders prefer to play the card of caution.
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Euro Dollar: Decline of the euro after the Fed Wednesday, August 11, 2010 at 11:51

The euro fell back against the dollar up today and returns to a level close to 1.3050. If initially, the dollar was punished yesterday in the wake of news the Fed fears of sluggish economic recovery has weakened somewhat after the asset at risk is the single currency. Furthermore, in a tense situation in the short term the main stock markets on both sides of the Atlantic, and given the strong growth of the Euro in the last weeks, we could see a corrective phase significantly on the Euro / Dollar.

Around 11:40 am, the spot EURUSD is approximately 1.3050, and found its levels of earlier this month.

From a graphical perspective, the move below the moving average 100 hours (trend line on this very significant spot in the final hours) has signed the start of a downward wave. After a big pull back last night that moving average, parity has taken a bearish bias. We'll bet for the time on a continuing downturn in the direction of 1.2950.
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Euro Dollar: Jumpy before the Fed Tuesday, August 10, 2010 at 11:59

The Euro continued its downtrend against the dollar this morning in an exchange market extremely cautious approach to the Fed meeting. The single currency was also difficult to attract traders in the short term, while equity markets approach a phase of top trend. Pending the decision of the Fed (20:15), and more specifically the content of the comments accompanying the decision, traders will look to industrial productivity and wholesale inventories.

Around 11:50, the spot euro / dollar is approximately 1.3160.

From a graphical point of view, the palpable excitement of the approaching end of the Fed meeting results in short-term oscillations erratic, difficult to decipher for the technical analyst. We prefer these conditions deemed risky not to take a position on the Euro Dollar immediately.
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Euro Dollar: The euro consolidated, to $ 1.33 Monday, August 9, 2010 at 11:22

Despite very disappointing macroeconomic statistics on U.S. employment, published late last week, the euro has shown great strength and reinforces its advance against the dollar, close to 1.33. The operators did not discard the single currency, asset by 'at risk', unlike the dollar, due to the excellent resistance of equity markets in the U.S. Friday. The major stock indexes have in effect accused and very thin folds, benefiting from a rebound in confidence during the session. The Dow Jones industrial average and the Nasdaq Composite, which paved candles daily rather attractive, does that have depreciated 0.20% each.
It will be recalled that, according to the U.S. Department of Labor, 131,000 non-farm jobs were lost and the unemployment rate remains unchanged, 9.5%.
Around 11:10, the Euro, which continues to consolidate, is approximately 1.3280.
From a graphical perspective, the currency pair euro / dollar continues to draw on a set schedule in terms of consolidation. A continuation of this phase of pause on the current levels is at present the preferred option of our team of technical analysts, and traders prefer not to take a position in the immediate future, in terms of graphics deemed unsuitable.

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Euro Dollar: A depreciation of the euro is possible in the short term Tuesday, July 27, 2010 at 11:52

After having stagnated following the announcement of good results from European banks to stress tests, currency traders have finally decided to take long positions on the cross. The euro has appreciated against the dollar but also against the yen.
At 11:50, the spot is approximately 1.2980 Euro Dollar $ Euro Yen cross and traded around the 113.40 yen.
In daily data, the cross is located in an ascending channel (shown in black). This provides a level of support around the $ 1.2860. $ 1.3125 The act of resistance. This level corresponds to a 38.20% retracement of the decline between December 2009 and the low points in June 2010.
In the medium term, we remain bearish as long as $ 1.3125 are not exceeded in the direction of $ 1.2733 (+ graphic level moving average 20 days).
Despite the bullish momentum given day, the Euro Dollar remains under pressure. Indeed, the resistance of $ 1.3021 slows the progression of the cross. Exceeding this last bullish momentum could be achieved towards the $ 1.3125 (level of resistance to medium term).
In the short term, a return to parity in the direction of $ 1.288/60 (channel support daily) is our preferred scenario.

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Euro Dollar: The German IFO scrambled Euro Friday, July 23, 2010, 12:48

Yesterday investors welcomed a volley of good macro-economic statistics in the eurozone. In France, the INSEE survey showed that manufacturers are more optimistic (98 against 96 in June), while in Germany, the manufacturing PMI came out at spring up to 61.2 (against 58.4 in June).
This morning, the pleasant surprise comes from Germany. According to the Institute of Economic Research and Forecasting German (Institut für Wirtschaftsforschung), index Ifo business climate emerged at 106.2 points as of July, against 101.8 points in June, and 101 5 anticipated by economists. The reaction on the foreign exchange market did not wait, the euro has appreciated sharply against the dollar.
Nevertheless, the nervousness is still palpable on Friday on financial markets, who are eagerly awaiting the results of the infamous "stress tests", scheduled for late afternoon (around 18 hours a priori). An exercise that should not reveal major surprises and may even reassure analysts said Paris pretty confident before the verdict.

Around 12:30 the spot is approximately $ 1.2940.

From a graphical perspective, the momentum remains bearish in the medium term. However, exceeding the $ 1.31 invalidate our scenario and then propel cross towards $ 1.3511.
Yesterday the currency pair euro / dollar moved in a downward channel (visible in black on the chart given daily). But it was invalidated. The potential output channel which is around the $ 1.2967 was reached.

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Euro Dollar: Pending the results of stress tests Wednesday, July 21, 2010 13:12

The approach of the results of the famous "stress tests" of European banks on Friday and set the hearing of Ben Bernanke on Wednesday, have heightened fears of investors. The chairman of the Federal Reserve (FED) will today and tomorrow before the Senate's verdict on the U.S. economy.
This morning, the euro depreciated against both the dollar and the yen.
The European currency is still penalized by the traders' fears about the results of stress test, despite the reassuring words of Dominique Strauss-Kahn. The director of the International Monetary Fund (IMF), displays some confidence before the appointment, saying that banks "are strong enough to withstand any earthquake either. It does not, however, that the tests might reveal "by here and there, small financial institutions in difficulty."

Towards the spot is approximately 13h $ 1.2810.

From a graphical perspective, the momentum remains bearish in the medium term. However, exceeding the $ 1.31 invalidate our scenario and then propel cross towards $ 1.3511.
The currency pair euro / dollar was changing yesterday in a trading range ($ 1289 - $ 1.30). The latter has been broken down. A short-term downward momentum should occur towards $ 1.2778, $ 1.2672 even.

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Euro Dollar: The indecision is placing on the Cross Tuesday, July 20, 2010 at 13:23

The financial markets are in sharp decline before a new set of quarterly publications expected Tuesday across the Atlantic, starting with the banking giant Goldman Sachs before Apple and Yahoo in the evening.

At about 1:20 p.m., the spot is worth approximately $ 1.29.

From a graphic point of view, currency pair euro / dollar is now moving into a trading range visible on the graph given hour ($ 1289 - $ 1.30). Speculators can take advantage of it to play on the terminal reactions of low and high marker.
In the medium term, the momentum remains bearish. Exceeding the $ 1.31 invalidate this scenario and then propel cross towards $ 1.3511.

However, no effective trading port of entry can not be reached for hours for a medium term trade. Under these conditions, we prefer simply to stay out of the spotlight during the next few hours, and does not take a position.

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Euro Dollar: The fears are still present, the euro could benefit Monday, July 19, 2010 at 12:58

Fears about the economic recovery are still present and especially overseas. Macroeconomic statistics released last week have disappointed operators and thereby stimulated the European currency. Indeed, the CPI for consumer prices fell unexpectedly in June in the United States. On the other hand, the confidence index from the University of Michigan contracted to 66.5 in July, against 76 the previous month and 74.2 expected by economists.

After a weekend very difficult, markets are still under pressure on Monday morning. Indeed, traders await the release this Friday, July 23, the results of "stress tests" imposed a hundred banks in the eurozone. Dominique Strauss-Kahn, managing director of the International Monetary Fund (IMF), however, shows some confidence before the appointment, saying that banks "are strong enough to withstand any earthquake either. It does not, however, that the tests might reveal "by here and there, small financial institutions in difficulties."

On Monday, the euro continues to rise against the dollar. Around 13:00, the spot is approximately $ 1.2960.

Graphically, the trend remains bullish in the short term as evidenced by the short-term moving averages, which are always well oriented. Crossing the resistance of $ 1289 should enable the euro to rally the $ 1.3094 / $ 1.31. This level corresponds to both a 38.20% retracement of the decline between December 2009 and June 7, 2010 (or cross had hit a yearly low was $ 1.1877) and a major graphical upgrade.

However, in the medium term, the momentum remains bearish. Exceeding $ 1.31 invalidate this scenario and then propel cross towards $ 1.3511.

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Euro Dollar : L'Euro se replie face au dollar Lundi 12 juillet 2010 à 12:09

The dollar continues to catch up against the euro this morning, in a context of renewed confidence in U.S. economic recovery. This atmosphere is catalyzed by good macroeconomic figures published last week. The coming week promises to be rich in publications with U.S. Alcoa course but also, from Tuesday, the accounts of Intel, AMD, JPMorgan Chase, Citigroup and Bank of America.
Around 12:00, the spot EURUSD is approximately 1.2560.

From a graphical perspective, we are still bearish medium-term Dollar Euro towards $ 1.2145, $ 1.1877 even as the $ 1.2672 / 1.2722 are not exceeded.

From a graphical perspective, the currency pair euro / dollar seems to be stabilizing. However, no entry point trading can not be reached for effective time for a short term trade down. Under these conditions, we prefer simply to stay out of the spotlight during the next few hours, and does not take a position.

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Euro Dollar: A good entry point to play down the Euro Dollar Thursday, July 8, 2010 at 12:08

The Euro is changing this morning up slightly against the dollar. However, the single currency is still below its resistance of $ 1.2672. Yesterday, the cross has exceeded its intermediate resistance of $ 1.2611 to return to the contact resistance of 1.2672 $ major.

Around 12:00, the spot euro / dollar is approximately 1.2665.

From a graphical perspective, we are still bearish medium-term Dollar Euro towards $ 1.2145, $ 1.1877 or even 1.2672 as the $ is not exceeded. The level of 1.2672 corresponds to both: to 23.6% retracement of the decline since December 2009 on top of the cross but also an important resistance level graphics.

In the short term, changing the cross above its moving average 20 hours (shown in dark blue on the chart schedule). Moreover, the slope of the latter is positively oriented. However, we remain bearish as long as $ 1.2672 are not exceeded.
A subsequent motion correction should take place towards $ 1.2611, $ 1.2560 even. Exceeding $ 1.2672 invalidate our scenario in the short and medium term, in this case, a rise towards $ 1.3094 in the medium term, could occur.

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Euro Dollar: Fears about the U.S. recovery is good for the Euro Tuesday, July 6, 2010 at 12:59

The weak dollar pushed the euro to around 1.2610 this morning. Currency traders have tended to abandon the dollar temporarily shelter. Indeed, the economic environment in the United States does not seem to be favorable than expected by operators. The sustainability of economic recovery began to be questioned, especially with the latest macroeconomic statistics released last week.

Around 12:30, the spot EURUSD is approximately 1.2590.

From a graphical perspective, we are still bearish in the medium term the Euro dollar towards 1.2145 or even 1.1877 until 1.2672 are not exceeded. The level of 1.2672 corresponds to both: to 23.6% retracement of the decline since December 2009 on top of the cross but also an important resistance level graphics.
Lures a long weekend of three days tied to the U.S. national holiday, U.S. markets will reopen today at 16:00 and operators will learn about the ISM services index

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Euro Dollar: Spain reassures, but what about the U.S. employment? Friday, July 2, 2010 at 11:34

The euro has stabilized this morning around a threshold of 1.25, after surging yesterday in the wake of a successful bond issue by Spain, a country under strict surveillance on the issue of public debt.
If such waiver constitutes a positive response to the recent warning from Moody's, trading rooms, however, remain extremely cautious approach to the official statistics on the health of U.S. employment.
On Wednesday, private practice in human resources ADP offered us an estimate of the number of jobs created in June in the United States to 13,000, a level well below the consensus.

Around 11:20, the spot EURUSD is approximately 1.2500. The single currency has not seen this level against the greenback since May 24
From a graphical perspective, the surge in cross registered yesterday was followed this morning by a legitimate phase of consolidation around a point at 1.2500. This episode is not finished, we prefer not to attempt to trade immediately on the currency pair euro / do

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Euro Dollar: Currency traders and febrile await U.S. jobs Wednesday, June 30, 2010 at 11:59

The sense of caution prevails on the currency pair euro / dollar this morning, in a very unfavorable for taking risks on the foreign exchange market. Equity markets, true representatives of the family assets at risk, continue to shake the hand and operators of the Atlantic, in a tense situation on the issue of public debts of a number of member countries Euro Zone. Furthermore, traders are taking a cautious approach to the publication at 14.15's investigation firm ADP on the health of the U.S. labor market before the official figures on the weekend.

Around 11:50, the spot EURUSD is approximately 1.2260.

On the macroeconomic side, traders will learn about the survey on employment within the meaning of American private practice in human resources ADP at 14.15, the Chicago PMI index to 1545 and reports weekly U.S. oil inventories at 16:30. (Paris time)
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Euro Dollar : L'Euro flanche avec les marchés actions Mardi 29 juin 2010 à 11:34

Euro frankly off again down this morning, traders clearly playing the card of confidence in a context of depressed market on both sides of the Atlantic. The prospect of a technical rebound in European equity markets is also rejected this morning on the French market, which leaves around 11:00 am near 2.50%. Operators are now waiting eagerly awaited febrile U.S. employment figures provided for the weekend. They have a preview on Wednesday with the survey on employment by the private firm in human resources ADP.

Around 11:10, the spot EURUSD is approximately 1.2200.

From a graphical perspective, the lively downward acceleration of the observable cross this morning, should be followed by a legitimate phase of consolidation to around 1.2200. An episode similar to that observed last night, and that is not conducive to short-term stance on the currency pair ...

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Euro Dollar: Euro steady after G20 Monday, June 28, 2010 at 11:20

The Euro continues to draw its continuous oscillations in narrow ranges against the dollar at close of 1.2400, a low volatility despite the end of the meeting of the G20 summit held in Toronto this weekend . Note that the statement is extremely consensual, does not contain any concrete cutting and austerity policies carried out in a number of developed countries to resolve the thorny problem of debt.

Around 11:00, the spot EURUSD is approximately 1.2370.

From a graphic point of view, cross, who has joined moving average at 20 days (depicted in dark blue for schedule) continues its consolidation phase flat in a horizontal range between 1.2345 and 1.2400. Our analysts anticipate a continuation for the time of "pause" between these two levels during the next hours.

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Euro Dollar: depressed equity markets, the Euro toasts Friday, June 25, 2010 at 10:43

Euro lags easing bias this morning in the wake of the negative direction of the main European and U.S. equity markets. Technical analysis also gives important clues about the potential still important for clearance to come to this asset class risk, and this morning the CAC 40 and the Dax are still unable to register the beginning of a rebound technique. This situation penalizes the Euro on the foreign exchange market, currency traders prefer to opt for safe-haven assets, in primis the greenback.

Around 10:30, the spot EURUSD is approximately 1.2310.

From a graphical perspective, the timid rebound which began on June 23 showed its limits. The movement of exhaustion observed around the moving average 100 hours (drawn to orange zone) will allow traders to contemplate the return of pressure vendors. A goal will be close to 1.2210 in the viewfinder of operators.

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Euro Dollar: New Releases for the Euro Thursday, June 24, 2010 at 11:01

The euro weakened this morning in a very unfavorable equity markets on both sides of the Atlantic. The single currency had yet demonstrated yesterday in the wake of resistance from the status quo of the Central American Bank. A decision with comments extremely cautious about growth prospects across the Atlantic, in rejecting the possibility of further engagement of a new bull cycle on rates.

Around 10:55, the spot EURUSD is approximately 1.2275.

From a graphical perspective, the moving average 100 hours (in orange for schedule) was clearly deflected downward and the spotlight finds himself unable to draw new 'highest'. Figure drawn from 15 June to encourage dealers to schedule vendor board on the single currency in the short term. They will target an area close to 1.2168
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Euro Dollar: The appetite for risk declines Wednesday, June 23, 2010 at 11:14

The euro stabilized against the dollar this morning after suffering reflux attributable to rollover short-term observable market shares, leading the family of so-called risk assets. Yesterday clearances intensified on Wall Street, in the wake of the publication of a decline in existing home resales. According to the National Association of Realtors (NAR), slightly more than 5.66 million houses and apartments have changed hands last month against 5.79 million (revised up) in April. The gauge of risk appetite is for now on the decline, and traders will draw conclusions as to their trading plan on the Euro / Dollar.

Around 11:00, the spot EURUSD is approximately 1.2280.

From a graphical perspective, the view schedule gives us only very few readable information, both in terms of reading combinations of candles on the recognition of figures of chartists. We prefer these conditions are not conducive to the position short term, stay out of the market on this currency pair.
On the macroeconomic side, traders will learn about the nine U.S. home sales at 16:00, the weekly report on petroleum inventories at 16:30. Finally, we will know the outcome of the meeting of the Monetary Policy Committee of the Fed / FOMC at 20:15. (Paris time)


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Euro Dollar: The decline of the euro still relevant Tuesday, June 22, 2010 at 11:42

The announcement by the Chinese regime to a relaxation of its currency regime will not allow the European currency to stabilize the $ 1.24. The medium term trend remains bearish and the corrective movement started yesterday should continue. The fiscal position of a number of European countries still worried operators and the prospect of economic recovery on the Old Continent is not currently the preferred option for investors.

Around 11:20, the spot is approximately 1.2300.

From a graphical point of view, our opinion on the EUR USD has not changed. We are still bearish medium-term direction of 1.2145 or even 1.1877 until 1.2672 are not exceeded. In given time, the upward sloping black was visible down as we had expected yesterday morning.
In the short term, as long as 1.2353 are not exceeded on a return 1.2242 is expected, should it not stand the cross should move to 1.2145, consistent with our primary objective medium term.
In this context, the team Tradingsat.com delivers a negative opinion for the next few hours and offers traders to initiate short positions in the Euro / Dollar 1.2242 targeting, while placing stop loss at- above 1.2354.

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Euro Dollar: The depreciation of the euro still at the heart of concerns Monday, June 21, 2010 at 11:12

The configuration remains heavily bearish medium term the Euro against the Dollar. The technical rebound of the cross, observed these days, seems to have culminated in the vicinity of $ 1.2470. The rebound current Euro / Dollar exchange due to the announcement on Saturday by the Chinese government of a future easing of its currency regime. The Yuan, or renminbi will now be allowed to fluctuate against the dollar. The other important information at the beginning of the week comes from the Russian news channel Russia Today. The latter aired an interview with the President of the European Central Bank, where Jean-Claude Trichet said: "I always said that the euro is a very credible currency, whose value lies on price stability throughout a period of 11 years and a half.
Indecision now palpable in the halls of markets, including equity markets where the major indices are close to important resistance levels. The technical analysis of U.S. indexes invites us to the utmost caution. If one were to attend a new recession of shares, the single currency, also classifiable assets at risk, would surely suffer a rush of investors to the dollar shelter. Despite the reassuring words quoted above by the President of the European Central Bank.

Around 11:30 am, spot EURUSD is approximately 1.24.

From a graphical perspective, given in daily, as long as 1.2672 are not exceeded the momentum remains bearish in the medium term. This level corresponds to both: to 23.6% retracement of the decline since December 2009 on top of the cross but also to a significant level of resistance chart. In given time, the upward sloping visible in black on the graph supports the appreciation of the Euro against the Dollar. However, there is a slowdown of this dynamic. A break of this oblique and breach of 1.2353 $ 1.2328 $ and should validate the establishment of a reversal on the spread.
In addition, Japanese candles, the emergence and validation on the hourly chart of a figure turning confirm our recommendation.
In this context, the team Tradingsat.com delivers a negative opinion for the next few hours and offers traders to initiate short positions in the Euro / Dollar 1.2242 targeting, while placing stop loss at- above 1.2470.

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Euro Dollar: Towards $ 1.2400, the Euro clings Friday, June 18, 2010 at 11:10

The euro this morning clinging to a threshold to $ 1.2400, in a context still favorable on all risky assets, drawn up by the renewed confidence in equity markets, share and across the Atlantic. A good performance of the single currency which is also explained by the success of a bond issue in Spain. The borrowing capacity of the state assured the Iberian market, while speculation was growing about a possible use of a financial aid plan in the form of loans to the EU and the IMF

Around 10:45, the spot EURUSD is approximately 1.2400.

From a graphical perspective, cross Euro / Dollar clings for many hours at a threshold at $ 1.2400. We will build for now, in the absence of sharp technical indices, a further break in the immediate vicinity of 1.24. Traders, however, monitor closely the behavior of the spot at the approach of the moving average 100 hours (in orange for schedule).
In this context, the team issued a notice Tradingsat.com neutral for the next few hours and offers traders stay out of the market on the currency pair euro / dollar in the short term. However, we take care to note that a crossing of the voltage to 1.2425 revive the purchase of 1.2340 while a failure rekindle selling pressure.

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Euro Dollar: Close to $ 1.2400, the Euro breathing Thursday, June 17, 2010 at 11:44

The Euro continues to resistance in a channel centered at consolidation horizntal $ 1.2300, traders are the sentiment shared among the one hand the temptation to shirk Dollars, in a rather favorable equity markets, and fears still vivid on the front of the public debt in Europe. On this point, rumors are now rife about the possibility of the preparation by the International Monetary Fund and the European Union, a plan of assistance in the form of loans to Spain.

Around 11:15, the spot euro / dollar is approximately 1.2355.

From a graphical perspective, the entry point for playing an extension of catching up began on June 8 is now less and less relevant. We prefer to remain outside the market, and avoid taking positions on the currency pair euro / dollar in the short term.
In this context, the team makes a neutral Tradingsat.com for the next few hours and offers traders stay out of the market in anticipation of next clear signs. However, we take care to note that a crossing of the voltage to 1.2450 revive the purchase of 1.2300 while a failure would boost the selling pressure.
On the macroeconomic front, the agenda will be rich this afternoon with U.S. publications include: the price index and weekly unemployment registration at 14:30, then the index of the Philadelphia Fed index and the indicators Developed under the Conference Board at 16:00.

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Euro dollar: Close to a .23 $ Euro resists Wednesday, June 16, 2010 at 11:35

The Euro is the resistance against the dollar this morning and giving up a very limited field, after the sharp rise recorded yesterday. The climate remains very positive on risky assets in a context of significant remedial actions in the markets. The trading floors will have to be especially great as yesterday welcomed the contraction in import prices in the U.S. and the excellent publication of the index "Empire State".
If fears about the budgetary situation of the European countries most vulnerable, far from being dissipated, forbid us to talk about turning bullish on the euro, it is clear that the movement is catching the thickness in a favorable context short term to all classes of risky assets.

Around 11:10, the spot EURUSD is approximately 1.2290.

From a graphical perspective, the cross continues a consolidation phase over a threshold to $ 1.2300. Under these conditions hardly conducive to a position in the short term, we prefer to simply stay neutral in the short term.
In this context, the team Tradingsat.com deliver an independent commentary on the currency pair euro / dollar and recommend traders to remain off the market waiting for clear signs coming. However, we take care to note that a crossing of the voltage to 1.2350 revive the purchase of 1.2275 while a failure rekindle selling pressure.
On the macroeconomic front, the agenda will be very dense with the Atlantic, at 14:30, the publications of housing starts and building permits, at 15:15 the level of industrial production and capacity utilization, and finally will be unveiled at 16:30 traditional stocks weekly petroleum. (Paris time)
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Euro Dollar: Renewed confidence in the markets, the euro took advantage Monday, June 14, 2010 at 11:38

The Euro continues to catch up against the dollar this morning, in a context of renewed confidence in the temporary rooms. This atmosphere, conducive to all classes of risky assets including the Euro part, is catalyzed by very good figures, released late last week, the index of U.S. consumer confidence, as defined University of Michigan. Stock indexes on both of the Atlantic took the opportunity to amplify their bounce.

Around 11:20, the spot EURUSD is approximately 1.2235.

From a graphical perspective, the currency pair euro / dollar boosts its decision height. However, no entry point trading can not be reached for effective time for a short term trade. Under these conditions, we prefer simply to stay out of the spotlight during the next few hours, and does not take a position.
In this context, the team makes a neutral Tradingsat.com for the next few hours and offers traders stay out of the market in anticipation of next clear signs. However, we take care to note that a crossing of the voltage to 1.2300 revive the purchase, while a break of 1.2200 would boost the selling pressure.
On the macroeconomic front, no major publication is expected for the rest of day.

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