Data of Existing House Sale, Inflation Rate and House Price Index released yesterday all indicated that handicaps faced by American economy is retreating with strengthened USD, which on the contrary will post an obstacle to interest rate hike of Fed. On the other hand, European Central Bank has added its upper limit of Emergency Liquidity Assistance to Greece to 0.9 billion Euro, adding the ELA into 91 billion Euro.
During the session today, Retail Sales(June)(MoM) will see light in Britain, with Jobless Claim(July)released in the US. We also anticipate Retail Sales(May) released in Canada. With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.
EUR/USD
The EUR/USD pair continues to be bullish which provides opportunity of buying call option. Resistance is found at 1.0980/1.1050 and support at 1.0900/1.0850.
USD/JPY
As the USD/JPY pair continues to show long position sentiment, we are buyers of call option on dips. Resistance is found at 124.40/124.80 and support at 123.80/123.30.
GBP/USD
Since the GBP/USD has bounced around with bullish momentum, we favor buying call options on dips. Resistance is found at 1.5680/1.5730 and support at 1.5580/1.5550.
[Tips]
All the information mentioned above is for reference only. FX77 team will keep an eye on the market and set the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please follow us at
All the information mentioned above is for reference only. FX77 team will keep an eye on the market and set the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please follow us at
http://www.fx77.com/?lang=en&B&campaign=170
No comments:
Post a Comment