Forex
EUR/USD and GBP/USD, currently consolidating their lower levels in this European morning, got some recovery chances today in our opinion, but limited around 1.3025 and 1.5500, from where we expect renewed weakness, to levels at 1.2840/1.5350. For USD/CHF and USD/JPY, currently in a down correction, we reckon with higher prices today around 0.9530/78.60.
Stock Indices
The markets currently tend to give up more territory in the European morning session. We expect more of the selling today, with only minor up moves in between, down to the day`s support levels as follows in the major indices: FTSE 5320, DAX 5630, SMI 5680, DJII 11720, NASDAQ 2480.
EUR/USD and GBP/USD, currently consolidating their lower levels in this European morning, got some recovery chances today in our opinion, but limited around 1.3025 and 1.5500, from where we expect renewed weakness, to levels at 1.2840/1.5350. For USD/CHF and USD/JPY, currently in a down correction, we reckon with higher prices today around 0.9530/78.60.
Stock Indices
The markets currently tend to give up more territory in the European morning session. We expect more of the selling today, with only minor up moves in between, down to the day`s support levels as follows in the major indices: FTSE 5320, DAX 5630, SMI 5680, DJII 11720, NASDAQ 2480.
