MBCFX daily Market
Analysis. TODAY is Thursday, December 27th, 2012.
The EUR/USD has reached the PIVOT level at $1.3231, and
then it was steady at the 1.3230 level, due to the close of most financial
markets and thin liquidity.
This pair also remains under the pressure of
the Greek talks whether it would result positive or negative impacts.
So
there is a great probability that the markets can receive unexpected decisions
that will determine the general market direction at the beginning of the year
2013.
Concerning the short term trading, we expect
that the Euro USD will rise a little towards the 1.3265 level, then to the 1.33
level.
We also expect that the general trend of the prices for today would remain in sideways uptrend, and the trading will be slow due to the holidays in the financial markets.
That is all for the news of this morning,
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