8th October, 2013
Hi Guys i am trying to provide you upto dates forex signals time to time with different news and updates through which you can make your bid and make good pips on daily basis. But keep one thing in mind these figures sometime may not match with the real trades but you can take guess and make your moves.
The euro rose against the dollar on Monday after a U.S.
government shutdown entered a second week amid growing fears that political
brinkmanship may bring the world's largest economy to the edge of default. They
are still waiting for the upcoming decision which can be effective.
Closed government agencies left markets without the releases of economy indicators, which kept trading subdued and cautious.
In U.S. trading on Monday, EUR/USD was up 0.14% at 1.3573, up from a session low of 1.3543 and off from a high of 1.3592.
The pair was likely to find support at 1.3539, Friday's low, and resistance at 1.3645, Thursday's high.
An impasse among U.S. lawmakers and the White House over terms needed to create a spending package and reopen the government sent investors avoiding the dollar on Monday.
On Tuesday in the euro zone, Germany is to release data on the trade balance and factory orders.
Closed government agencies left markets without the releases of economy indicators, which kept trading subdued and cautious.
In U.S. trading on Monday, EUR/USD was up 0.14% at 1.3573, up from a session low of 1.3543 and off from a high of 1.3592.
The pair was likely to find support at 1.3539, Friday's low, and resistance at 1.3645, Thursday's high.
An impasse among U.S. lawmakers and the White House over terms needed to create a spending package and reopen the government sent investors avoiding the dollar on Monday.
On Tuesday in the euro zone, Germany is to release data on the trade balance and factory orders.
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In Asian trading Tuesday, GBP/USD fell 0.08% to 1.3571 after data released Monday revealed that the economy grew by 0.3% in the second quarter, unchanged from a preliminary estimate and in line with forecasts.
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| USD/CHF added 0.13% to 0.9040 while USD/CAD gained 0.12% to 1.0325 on news the U.S. could surpass Russia for the title of world’s largest oil and natural gas producer. On Monday, Statistics Canada said the total value of building permits issued in Canada was down 21.1% in August, following an upwardly revised increase of 21.4% in July. Analysts had expected building permits to decline by 7%.  |
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| USD/CHF CHART |
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