Forexbeats.blogspot.in (India)
EUR/USD has been flat all Asian session long once again, last at 1.2509 from a previous weekly close Friday at 1.2512, and session highs at 1.2523 with session lows at 1.2499. Local share markets show mixed results, with Nikkei higher by +0.54% while Shanghai loses -0.84%, and all the rest in the middle. Gold prints fresh 4-month high today at $1677, last slightly below the $1675 mark, while oil is also on the rise this Monday in Asia-Pacific with Brent oil right below the $116 figure, up +1.24% from previous weekly close Friday.
London session ahead will be a quiet one in regards of London closing for holidays and lack of macro economic data EUR related but German Ifo business climate at 08:00 GMT as the most important, preceded by German import price index at 06:00 GMT, and Chicago Fed Evans speaking at 10:00 GMT. In the euro zone sovereign debt auctions front, France and Germany will sell short term treasury bills.
Immediate support for EUR/USD to the downside shows at Friday's lows 1.2480, followed by Aug 06/07 highs at 1.2442, and Wednesday's lows at 1.2430. To the upside, closest resistance comes at Thursday's highs 1.2589, followed by Jan 16 lows at 1.2625, and May 18 lows at 1.2642.
Source: fxstreet.com
EUR/USD has been flat all Asian session long once again, last at 1.2509 from a previous weekly close Friday at 1.2512, and session highs at 1.2523 with session lows at 1.2499. Local share markets show mixed results, with Nikkei higher by +0.54% while Shanghai loses -0.84%, and all the rest in the middle. Gold prints fresh 4-month high today at $1677, last slightly below the $1675 mark, while oil is also on the rise this Monday in Asia-Pacific with Brent oil right below the $116 figure, up +1.24% from previous weekly close Friday.
London session ahead will be a quiet one in regards of London closing for holidays and lack of macro economic data EUR related but German Ifo business climate at 08:00 GMT as the most important, preceded by German import price index at 06:00 GMT, and Chicago Fed Evans speaking at 10:00 GMT. In the euro zone sovereign debt auctions front, France and Germany will sell short term treasury bills.
Immediate support for EUR/USD to the downside shows at Friday's lows 1.2480, followed by Aug 06/07 highs at 1.2442, and Wednesday's lows at 1.2430. To the upside, closest resistance comes at Thursday's highs 1.2589, followed by Jan 16 lows at 1.2625, and May 18 lows at 1.2642.
Source: fxstreet.com
No comments:
Post a Comment