Currencies  |  February 13, 2013 08:20:00

Intraday Analysis EUR / USD and the speech of Barack Obama U.S. President Barack Obama called for in his speech to Congress two soil politically divided camps to increase the minimum wage, and began to pursue socially just policy. The President also mentioned the issue of weapons and advised Congress to focus on the question of possible possession of weapons. It was a response to the massacre that took place at a secondary school in Newtown, Connecticut. The main point of his speech remained questions about the middle class. Obama wants to build in his second term new opportunities for most Americans.

U.S. President shall, in addition to in the coming days to agree on a state budget with Republicans who have already offered several concessions. However, it remains a democrat and will not be easy to negotiate a compromise on issues such as the debt ceiling. Obama proposes to increase the revenue side of $ 800 billion by removing tax breaks for the wealthiest Americans. But this is an offer which might offend Republicans only. Ti is at the end of last year, withdrew and helped approve tax increases. According to the Republican peaks are no longer in the mood to raise taxes to anyone.

Obama ticking clock, has been just over a year on their legislative priorities than Americans, the attention shifts to the election to Congress in 2014.You will be similarly important as the presidential election, and therefore negotiations on the state budget may be the most challenging that contemporary politicians have experienced.

Now Obama has fought for votes, promised to increase the minimum wage from $ 7.25 to $ 9 per hour. This, however, Republicans dropped from the table. Recently approved a 50 billion dollar investment in infrastructure. Republicans have long opposed high economic stimulus. Criticize Obama for saying that in the first term poured into the economy $ 787 billion and unemployment even stirred (7.9 percent).

Eurodollars yesterday corrected their previous loss only partially. The current situation indicates that creates a lower high at 1.3486 resistance and Fibonacci levels of 38.2. Intradennímu suggests a possible sale and hidden bearish divergence.EUR / USD is already approaching slowly rising trend line on the daily chart, which should come true test of trend.

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Intradenní analýza EUR/USD a proslov Baracka Obami

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