Fundamental Analysis 27/01/2014
CURRENCIES
The Euro (1.3687) checked the major tendency decider grade of 1.3750. It should shatter overhead 1.3750 to extend the rally or else the bears may come down very strongly one time again.
Dollar-Yen (102.40) has reached nearer to the foremost support level of 101.50-101.90, below which the end of the bull market will be signaled.
The Euro-Yen traverses (140.13) may continue the weakness farther to 138.60-139 as long as it stays below 141.50.
The Cable (1.6499) is a relative outperformer and may trade in the variety of 1.6350-1.67 for some time more.
The Aussie (0.8704), strike by the feeble Chinese PMI, is suspending to the major support of 0.87 precariously and could be in hazard of glimpsing a meltdown in the direction of 0.8500.
CURRENCIES
The Euro (1.3687) checked the major tendency decider grade of 1.3750. It should shatter overhead 1.3750 to extend the rally or else the bears may come down very strongly one time again.
Dollar-Yen (102.40) has reached nearer to the foremost support level of 101.50-101.90, below which the end of the bull market will be signaled.
The Euro-Yen traverses (140.13) may continue the weakness farther to 138.60-139 as long as it stays below 141.50.
The Cable (1.6499) is a relative outperformer and may trade in the variety of 1.6350-1.67 for some time more.
The Aussie (0.8704), strike by the feeble Chinese PMI, is suspending to the major support of 0.87 precariously and could be in hazard of glimpsing a meltdown in the direction of 0.8500.