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FOREX: Technical analysis 09/12/12

 

News background:
Growth of the pair may continue today amid expectations of the Fed meeting with the possibility of launching the new incentives.

Technical picture:
From a technical point of view, a pair rose sharply and now it's locally overbought. The price is for the Upper Bollinger and above …

FUNDAMENTAL REVIEW 12.09.12
 
Markets are focused on the Fed meeting
 
Apparently, the Constitutional Court is not not interfering in todays ratification of ESM and Financial Covenant. If it will be approved, it will surely increase the confidence of investors in the German authorities and will show that the Germans still ready …
European premarket from Sergei Kostenko
 
The market continues to live on the expectations of the Fed meeting

European stock markets closed mixed on Tuesday in anticipation of the German court decision on the constitutionality of the ECB’s action on the purchase of the Bills of troubled eurozone countries, as well as the Committee on …
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