US GDP Data
EmailUS GDP data for the fourth quarter showed that U.S. economic expansion could slow within the coming months. Even though U.S. economy grew its fastest pace in 1 ½ years inside the fourth quarter, strong rebuilding of stocks by businesses and a slower pace of spending on capital goods hinted at softer growth earlier this year. The euro hit a high of one.3159 against the dollar as hopes for an agreement between Greece and its creditors on PSI gathered momentum after euro zone finance officials voiced optimism that a deal was imminent.
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Technical Analysis |
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EUR/USD |
GBP/USD |
EUR/GBP |
USD/JPY |
EUR/JPY |
EUR/CHF |
DOW |
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|
Resistance |
2 |
1.3210 |
1.5775 |
0.8420 |
78.20 |
102.20 |
1.2160 |
12785 |
|
Resistance |
1 |
1.3185 |
1.5735 |
0.8370 |
77.75 |
101.60 |
1.2135 |
12715 |
|
Market |
|
1.3142 |
1.5715 |
0.8355 |
76.80 |
100.95 |
1.2065 |
12645 |
|
Support |
1 |
1.3075 |
1.5650 |
0.8330 |
76.60 |
100.50 |
1.2045 |
12610 |
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Support |
2 |
1.3050 |
1.5570 |
0.8275 |
76.30 |
100.00 |
1.2000 |
12530 |
Trade Idea
EURJPY
Disclaimer
This research report or summary was prepared by TFI Markets from information believed to be reliable. Such information has not been independently verified and no warranty, representation or warranty, express or implied, is made as to its accuracy, completeness or correctness. This report is supplied for info purposes only. Nothing on this report ought to be considered to constitute investment advice. It isn't intended, and shouldn't be considered, as a proposal, invitation, solicitation or recommendation to shop for or sell any of the financial instruments described herein. TFI Markets accepts no liability whatsoever for any direct or consequential loss arising from using this document or its contents.
