HighSky (HighSky)
Currencies  |  July 27, 2012 12:32:45

EURUSD waiting with U.S. GDP above


EURUSD seen from a longer perspective on the way to still larger correction (see here ), which may be too strong a word before today's publication of U.S. GDP. The very short - today's technical point of view, however, we expect the numbers to the afternoon a positive reaction, if at the same time withstand the current frontiers Support to 38.2% FIBO where EURUSD yet most zkorigoval the previous impulse wave and gave a chance to retreat from short oscillators overbought levels.

EURUSD, daily comment

The ratio of long / short positions, compared to previous days miraculously quickly settled, which could, after several weeks, also help rather euro. New short-term peak, above 1.2329 yesterday, the pair is from a technical point of view suited, only then we would expect more than the current correction, a short about a three-day development.

Joseph Kvarda, Analyst

HighSky Brokers

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EURUSD čekáme s americkým HDP výše

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