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Trading news
18 Apr 2013
Forex: EUR/USD glued around 1.3050
FXstreet.com (Barcelona) - The bloc currency is trading unmolested in the vicinity of 1.3050 on Thursday, still sedated by the effects of Weidmann’s comments on Wednesday, and with growth concerns yet weighting on sentiment.
The G20 Meeting kicks in today, with the recent announcements and the new QQE programme in Japan to be in the limelight.
The cross is up 0.15% at 1.3051 with the next resistance at 1.3068 (MA10d) followed by 1.3108 (MA55d) and finally 1.3202 (high Apr.16).
On the flip side, a violation of 1.3001 (low Apr.17) would open the door to 1.2963 (low Apr.8) en route to 1.2959 (MA21d).
The G20 Meeting kicks in today, with the recent announcements and the new QQE programme in Japan to be in the limelight.
The cross is up 0.15% at 1.3051 with the next resistance at 1.3068 (MA10d) followed by 1.3108 (MA55d) and finally 1.3202 (high Apr.16).
On the flip side, a violation of 1.3001 (low Apr.17) would open the door to 1.2963 (low Apr.8) en route to 1.2959 (MA21d).