Market Leader informedInvestors remain uncertain as well as there is a huge information flow which needs reasoning – spending in GB, China’s interest rate increase, perspectives of further market intervention by the Bank of Japan, the probability of QE2, ambiguity of the released macroeconomic data. No wonder that it is difficult to make any investment decision or forecast, even though most factors speak in favor of USD weakness. There are few news releases expected for today: the
8.00GMT news block (EU).
The Department of Volume Analysis of Masterforex-V Academy. Oct 22nd 2010:
The mid-term dynamics is flattish
The short-term dynamics of 6ECONR (EURUSD futures):
1.3920 (32500 lots) is the reference point. The upward dynamics holds true until there is a breakout and settlement below the level.
The Department of Volume Analysis
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