Today currency analysis

In yesterday's foreign exchange market, US dollar had certain scope call-back reorganization trend, US dollar index is highest bounces to 86.75, the lowest call-back to 86.10, closes in 86.20. Europe is the currency trend continues to split up. Britain announces on Wednesday the data demonstrated that British in March is unemployed the application population to increase 73,700, anticipated increases 12.1; British in March the Public sector only loans + 19,100,000,000 pounds, anticipated + 16,150,000,000 pounds; British in March Government revenue and expenditure short difference + 28,400,000,000 pounds, anticipated + 16,500,000,000 pounds. At the same time, the British Central Bank announces in April conference summary demonstrated that MPC by 9:0 through the maintenance interest rate invariable decision, and the consistent decision continues to advance 75,000,000,000 pound property purchase plan, is mainly thought that the environment has not presented the substantive change, therefore is not the unnecessary change property purchase plan. The British Debt Administrative bureau said that in 2009-2010 fiscal years, the plan distributes 2,200 hundred million pounds national debts, this will enlarge the pound the money supply, simultaneously will urge the foreign investment to flow out Britain, then suppression pound. Although the Eurozone economy is appearing stands firmly the sign, this and is insufficient to support the euro. Although euro/US dollar presented certain scope yesterday the bounce, but, the city were still many to a euro disadvantageous factor, in view of the fact that the European Central Bank will relax further monetary policy, the Eastern European country still has the big violation risk, as well as the European investor's fund flowed to US's enterprise debt market, the euro was still very frail. Yesterday the American Stock market has not continued the day before yesterday's bounce trend, but appeared receded, looked from the technology, US dollar index short line support in 86.10, if broke 86.00, US dollar will also continue to seek the support downward. If US dollar index stands firmly in 86.00 above, US dollar index can continue in 86.00-87.00 sectors to make the shake reorganization.
Euro/US dollar: A euro bounce, was still blocked in 63 daily average line position, namely nearby 1.305, the MACD date chart demonstrated that the down direction has not changed, suggested the short line meets sells the euro high in this position, the estimate today a euro wave amplitude between 1.288-1.305.
Pound/US dollar: The market to the banking industry anxious and anticipated that Britain will announce the budget report performance not to be good, yesterday attacked the pound to exchange US dollar to drop to 1.4471 low points. Afterward Britain announces in March the consumer price index (CPI) annual rate to drop to for one year low point and retail price index of commodities (RPI) the year mobility rate presents near for 50 year for the first time negative values, but two data conform to the estimate value approximately, will support the British Central Bank related to pass the turgor strength the viewpoint which reduces in this year, will give the pound support, will exchange US dollar bounce to 1.4707 high spots. The estimate the pound exchanges US dollar resistance today in 1.4720-50, supports in 1.4580-1.4600.
US dollar/Japanese Yen: The Japan graph demonstrated that on Wednesday US and Japan are restrained in 200 daily average line pressure flush recede high, from the shape looked that begins in 87.00 double bottoms the trends of escalation not to change, but the exchange rate adjusted far has not ended, this will test 95.55 place above once more support functions. French Promoting education Bank (601166, stock) the foreign exchange is in charge of Yuji Saito to point out that Japan records the trade surplus continuously, beyond expectation. In addition Japan's export slides to the step also to postpone, to indicate that perhaps Japan exported the worst time already to finish, US and Japan estimated that will drop to 96.00. On Thursday will have the US on April 18, when at the beginning of the week invites the unemployment assistance population, American in March becomes the room sale with the US on April 18, when the week EIA natural gas stock announces, estimated that will have certain influence to the exchange rate trend.
US dollar/auspicious court attendant: The favorable factor includes: US dollar entire line is strong, the Swiss economic prospect is dim, estimated that the Swiss Central Bank will implement the quota loose monetary policy and undersells the Swiss franc intervention rate. But the US dollar/Swiss franc upward space receives limits, because takes refuge from danger the mood elevation of temperature to cause the investor to relieve does empties the Swiss franc the financing arbitrage transaction. Data attention: Greenwich Mean Time 0615 Switzerland in March trade data, Greenwich Mean Time 0900 Switzerland ZEW target. US dollar/Swiss franc date graph target direction varies, MACD is expected to rise, but the stochastic indicator in ultra buys the region to transfer is expected to fall. The support position in 1.1596 Swiss francs (yesterday low point), after breaking, under looked that 1.1555 Swiss francs (on 55th moved even line), the resistance position in 1.1720 Swiss francs (yesterday high spot), was 1.1740 Swiss francs (Monday high spot).