Currencies  |  January 08, 2013 07:02:48

Currency pair EUR / USD 1.3130 attacks


Currency pair EUR / USD bounced off the S / R level 1.3030, which at this point coincides with the lower edge of the rising channel. In terms of technical analysis, as it has added a double bottom formation, so the strengthening of the euro could be quite expect.

On the contrary, from the perspective of fundamental analysis has so clearly does not. Monday's data from Europe was not even particularly beneficial to support the euro, including increasing indebtedness of individual European states. On the contrary, the American continent in recent times come quite favorable value for the dollar. Even with emerging reports that the United States will experience a revival in contrast to Europe, falling deeper and can not get out of the crisis.
Today expected data on German and French trade balance. Furthermore, the European index of retail sales and European unemployment rates. Tomorrow will be published data on German industrial production and U.S. oil reserves. Major macroeconomic data will be up on Thursday and if the euro by then will stay at their current level, has an open way up as well as down.

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Měnový pár EUR/USD atakuje 1,3130

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