Market Review 10.07.2014 (GBP,NZD,XAG,DAX)
GBP/USD
British generally performed review yesterday, but it did not update a local maximum - 1.7178. Pound continues to form the zone of accumulation volumes 1.7100-7160. Current zone of accumulation is greater than the lower, and that the price went down to 1.7020, it lacks provocation above the maximum. Today there are important news for the pound, so I would recommend to all sellers to open short positions only after the release of the data, and when the price will return below 1.7140-7160. Then the goal will be a previous zone of accumulation 1.6980-7030.
NZD/USD
New Zealand Dollar performed yesterday review making retest 0.8795 price went up to 0.8850. A move above will continue until the price is above 0.8790 and there are not volumes, which would have prevented this.
XAG/USD
Silver continues to consolidate in the zone of accumulation volumes 20.80-21.20. Today I expect that the price will go to 21.35. If there will be large volumes, the price can return again to 21.10. Otherwise it will continue to move higher.
DAX
Index stood in the planned range of 9765-9800 and now it forms a zone of of accumulation volumes. Price could return to 9790 and below. If the price will continue to build volumes in this area, the next target would be 9855. Therefore, today we consider motions in the range of 9780-9830.
You can get full access to intraday and mid-term reviews and signals at real time on the official online resource of the community Volume Trade International.
Regards,
The analysts of the community Volume Trade International.
GBP/USD
British generally performed review yesterday, but it did not update a local maximum - 1.7178. Pound continues to form the zone of accumulation volumes 1.7100-7160. Current zone of accumulation is greater than the lower, and that the price went down to 1.7020, it lacks provocation above the maximum. Today there are important news for the pound, so I would recommend to all sellers to open short positions only after the release of the data, and when the price will return below 1.7140-7160. Then the goal will be a previous zone of accumulation 1.6980-7030.
NZD/USD
New Zealand Dollar performed yesterday review making retest 0.8795 price went up to 0.8850. A move above will continue until the price is above 0.8790 and there are not volumes, which would have prevented this.
XAG/USD
Silver continues to consolidate in the zone of accumulation volumes 20.80-21.20. Today I expect that the price will go to 21.35. If there will be large volumes, the price can return again to 21.10. Otherwise it will continue to move higher.
DAX
Index stood in the planned range of 9765-9800 and now it forms a zone of of accumulation volumes. Price could return to 9790 and below. If the price will continue to build volumes in this area, the next target would be 9855. Therefore, today we consider motions in the range of 9780-9830.
You can get full access to intraday and mid-term reviews and signals at real time on the official online resource of the community Volume Trade International.
Regards,
The analysts of the community Volume Trade International.