Jan. 30: American session
With the advent of American players on the market EUR / USD pair continued to decline . Recall that the Fed yesterday decided to reduce the QE policy on $ 10 billion in total. While markets remained calm enough . Today, there bears, which lowered currency pair to 1.3570 level . Trades take place at the session low . Published statistics , however, were not even in favor of the U.S. dollar. Thus, the quarterly GDP fell to 3.20 %, which , in principle, consistent with the expectations of analysts . Applications for unemployment benefits rose to 348 thousand vs. 330 thousand pending sales in the real estate market -8.7 % vs. +0.3% . Currency pair GBP / USD found support at 1.6445 , after all day on the market aktivnichali bears. As a result, corrective vapor recovery at the moment is testing 1.6500 figure below.
Very strong growth pair USD / CHF exchange rate led to the restoration of 0.9020 . But slightly higher in the area of 0.9030 , there is another resistance, which can slow down the bulls. Retail sales decline to 2.8% today played not in favor of the yen. USD / JPY is rising, after the morning to find support at 102.00 figure . Trades are conducted at a session high of 102.70 , but there's a strong resistance level . Until the end of the day may reduce the area of 102.40 .
Australian and New Zealander today were variable . The AUD / USD rebounded to 0.8800 figure , but now corrected in the area of 0.8770 . Pair NZD / USD continued its decline after an overnight meeting of the Reserve Bank of New Zealand , which has kept interest rates at 2.50 %. Currency pair is testing the 0.8135 support today . Bearish pressure is still strong .
Currency pair USD / CAD today " flipped " the figure 1.1200 , then dropped to the level of 1.1150 , where it found support. Currently bulls feel pretty confident . The pair rebounded to 1.1180 and, obviously, will grow in the near future .
Tatiana Norkina , an analyst at FBS