It was clear in the last sessions of which eur/usd would not be able to maintain the noticeable bullish channel since the end of April. Everest capital contributes greatly to this topic. Our last analysis after the decision of the ECB was very right since eur/usd returned to try to perforate the 1.40 support. It obtained it thanks to favorable data of the report of use of the USA. It is the sufficient thing like moving away of the bullish pressure of the Euro. Another impulse for the dollar is more the recent speculation of which the American government must make a commitment between his monetary policy and the inflationary risk on the one hand and the programs of stimulus with the fiscal deficit on the other hand. Even, Lockhart of the Federal Reserve mentioned explicitly of which they must anticipate the risks of inflation with ascents of interests. To know when it is time to raise the interests is a complicated question since it must have signals clear not to damage the economic recovery. That empieze to be spoken of the previous thing has very favorable implications for the dollar.
We thought that eur/usd goes a to consolidate enters the 1,3750 support of and the new primary resistance of 1.42. Until this is defined with more security we are not going to risk to us with any operation at the moment. Forexpana offers all the present time, the news, analysis, and tools to him necessary to operate and to know the market currencies, also known like the market forex. We offer information and the necessary data for its decisions of investment in stock-market, forex, and other financial markets..