On April 23 euro and pound analysis

Yesterday the Eurozone important data has not announced that the exchange rate trend receives the technical shape direction much. After having tested 1.2880 supports, the attraction met the low buying offer interest, the US stock market early market bounce and the dead end returns makes up has boosted a euro bounce, but after that flushed recedes high, as well as the Eurozone fundamental plane's gloomy performance with Middle East financial crisis substantive elimination, still had not been hidden the risk, caused risk loathing mood time to scatter with difficulty, continues to suppress the market investment interest, then a suppression euro upward step, in addition looked from the technical stratification plane, place above the even line was also layer upon layer hinders, the target overshooting tendency became slower, therefore the whole presented the weak trend.
In the technology looked that a euro even line continues maintains the dead end, the target weak trend flatten out, 1.3030 continue to suppress the upward step, comes to a stop above with difficulty, the exchange rate still the deviation lowered. The hour chart looked that has the reverse running 1.2920 support's risks, defends freely, but also has challenges 1.3080/1.3120 opportunities, but looked from the market investment mood, the deviation meets blows off high
Looking from the technical surface, the pound/US dollar date K line receives in an under shade the land, before the exchange rate returns to has spat, a trading day increase scope. In the plate the exchange rate has returned pulls out since 1.3653 rise trend lines, but after receiving this trend line as well as on 5th and 10 daily average line suppression, transfers, but downward, and once dropped to the date the new low 1.4396, at present nearby 1.4450 fluctuates in 34 daily average lines in the support position. If breaks 34 daily average line support, the exchange rate possibly further under takes bearing on March 30 the low point 1.4110. Because since the exchange rate already broke 1.3653 the rise trend lines, Zhou Tu and the date chart are expected to fall, the pound trend was already spatial. Therefore today trades suggested: Continues to meet Gao Zuokong. Place above resistance position: 1.4650 and 1.4700; Underneath support position: 1.4240 and 1.4120