Market review for 08.02.12: The market participants were expected the resolution of Greece problem.

Forex Metal Daily Newsletter Send to a Friend |  Visit our website |  Unsubscribe  Thursday, 09 Feb 2012 Daily review for 08.02, 2012 The market participants were expected the resolution of Greece problem.     Asian and European trading sessions:     Euro: During the Asian session the EUR / USD pair was trading in a narrow range of $ 1.3240 -$ 1.3284. On speculation that Greece is making progress towards getting international assistance, the euro recorded its daily high touching the $1.3287 mark during the European session.     British Pound: The GBP / USD did not try to copy the trading dynamics of the the EUR / USD pair as it was doing it for the two past days. The pound fell against the dollar. The GBP / USD couple at least a couple showed its low in the area of ??$ 1.5868, but later was able to partially recover.   Japanese Yen: Amid raising the Asian stock indexes and reducing demand for the currency with safe-haven status the yen weakened against all major currencies. The USD / JPY pair grew up, updating the weekly maximum. Of Y76.17, but was not able to hold this level and retreated, falling to its daily low of Y76, 701.       American trading session:     Oil: March futures price of U.S. light crude oil WTI dropped to 98.08 dollars per barrel after the report of U.S. Department of Energy which reported that amount of gasoline inventories rose, while the fuel consumption fell to its lowest level in nearly 13 years.   British pound: The GBP / USD amid speculation that the Bank of England will announce a new round of asset purchase program during the forthcoming meeting which will be held on February 9.   Gold: The cost of the February gold futures closed this day at 1732.6 dollars per ounce.         TECHNICAL ANALYSIS for 09.02, 2012   EURUSD The pair had drawn Flag on daily graph. The end of the figure maybe at 1.34882. Resistance:  1.33143, 1.34882 1.35984 Support:  1.31674, 1.30277, 1.28630 GBPUSD The pair has broken 1.58543 and reached Moving Average (500) which is the resistance level for the pair. Resistance:  1.58543, 1.60322, 1.62050 Support:  1.56722, 1.54842, 1.53482 USDCHF The pair is testing support 0.91079 again. If this level is broken the pair will decline to 0.89635. Resistance:  0.92026, 0.93069, 0.93949 Support:  0.91079, 0.89635, 0.88418 USDJPY The pair has found support at 76.463 and aiming to 77.539..  Resistance: 77.539, 78.345, 79.070 Support:  76.463, 75.425, 74.414 AUDUSD The pair is aiming to 1.08413. Resistance: 1.08413, 1.09112, 1.09782 Support: 1.07739, 1.07005, 1.06164             Useful Links Discuss currency news with other traders in FX2Day forum: https://fx2day.net/forum/mvnforum/index Download free demo platform: https://forex-metal.com/home/download Ready to open a real account to start trading? You can do it here: https://forex-metal.com/accounts/new Did you know that you can earn commission simply for referring a friend to us? There are 3 commission options you can choose from. To learn more please visit our Introducing Brokers page: https://forex-metal.com/broker_inquiries/new Watch our new commercial at YouTube: http://www.youtube.com/watch?v=o0fQEydv-3M Open Account |  Economic Calendar |  PIP Value Calculator |  Forex for Beginners   Forex Metal T: 1-866-464-0944 F: 1-800-689-8298 E: info@forex-metal.com You are receiving this e-mail because you have subscribed to free daily FX news via Forex-Metal.com website. If you do not want to receive any e-mail messages from us please send a message to support@forex-metal.com with UNSUBSCRIBE in the subject line. Please do not reply to this newsletter.