Forex Zone (Forex Zone)
Czech markets  |  February 13, 2013 09:54:58

Obama's priorities for this year

Last night U.S. time to appear before the U.S. Congress, President Obama with an annual report on the state of the union. Obama focused on economic problems and high unemployment. Supports raising taxes for the rich and $ 50 billion dollar plan for the reconstruction of roads and bridges. Themes and messages were uniquely American, such as withdrawal of troops from Afghanistan half, the defense of gay rights and restrictions on assault weapons.

For us, the key will be to watch another round of debate about the fiscal cliff. This will be the first big test. Sami, we believe that in 5 minutes to twelve, maybe a few minutes after twelve will turn to shift the whole problem. Why not, it's easier to marginalize the problem than finding a solid, long-term solution.

As regards developments in the monitored pair EUR / USD, the last before lunch quickly strengthened and penetrated inside Monday's high bar. As we pointed out, it was a good opportunity for long trade. The governor got a little under pressure, but eventually came to resistance around 1.3480, for which we also pointed out.

Today's Asian session took place in a very narrow range. It was after eight o'clock punctured, but the market lacked momentum to overcome yesterday's high. We expect that yesterday's high will still be tested. Above this high perceived significant resistance around 1.3500 and 1.3535. At these levels, we look for signals to enter short trades. If the price of the test below, we see strong support around 1.3410 and 1.3350. At these levels, we look for signals to enter into long term business.

Read also:

Monday's chill

Last news from the section Czech markets:

Po 16:00  IPO UDI CEE na START trhu pražské burzy Research (J&T BANKA)
Po 15:45  Akcionář Kofoly prodal celý podíl Research (J&T BANKA)
Po 15:40  Prorazí American Outdoor Brands (AOBC) hranici 16 USD? Grant Capital (Grant Capital)
Po 15:35  Avast svolá na 10. října valnou hromadu Research (J&T BANKA)

Read also:

September 03, 2018ČNB zvýší úrokové sazby ještě 2x v tomto roce Vladimír Urbánek (
July 30, 2018ČNB zvýší své sazby v tomto roce ještě dvakrát Markéta Höfferová (
December 13, 2017Návrhy a priority ACTO na rok 2018 Radek Stolář (

Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2018, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688