Monday, February 7, 2011

Forex news USD:The dollar started the week with losses

The European currency rose against the U.S. dollar during the first trading session of the week, before the report of Germany on the orders of industrial enterprises, which can grow above expectations.
The euro rose against the dollar during the Asian session, trading between the maximum and minimum of 1.3622 1.3570. Couple faces resistance 1.3675, while the full-time and four-Momentum indicate the trade in oversold, which limits the possibility of decline.
The pound fell against the dollar during the Asian session, trading between the maximum and minimum of 1.6136 1.6091. Couple faces support 1.6170, while the daily Momentum points to trade in the resale.
The dollar / yen has declined during the Asian session, trading between the maximum and minimum of 82.27 82.14. Couple facing support 82.00, while full-time and four-Momentum pointing to trade in oversold territory.

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