XTI/USDXTI/USD
The US has decided to ease sanctions against Iran, in particular. now companies from Russia, Europe and China can continue to work at Iran's nuclear facilities. This is the first step towards the lifting of sanctions on the purchase of Iranian oil. We are waiting for a correction to the nearest support, but there are no factors for a global fall.
Forexchief
XTI/USDXTI/USD
OPEC countries still cannot bring production to the level of accepted quotas, so at the meeting on February 2, the Cartel will keep its plans unchanged. Negotiations with Iran will resume today, there is a chance to lift sanctions on oil sales by the end of the week. There are no reasons for a confident turn down yet.
GBP/USDGBP/USD
Johnson banned the publication of a detailed report on the Gray investigation, so this factor no longer affects the pound. Pay attention to the PMI of industry and services in Britain. We are waiting for the main reaction to the decision of the BoE meeting, the markets are waiting for the rate increase. If the rate remains unchanged, the pound risks losing another 1.5 figures against the dollar.
EUR/USDEUR/USD
We pay attention to inflation in consumer prices and GDP, as well as PMI of industry and services. A strong reaction to the ECB meeting is unlikely; short-term speculation is possible on Thursday's comments. The arrangement of trading volumes is still biased towards sales, but the result may upset this balance.
USD/JPYUSD/JPY
Kuroda confirmed that the BOJ is not ready to tighten measures and will maintain the current amount of monetary stimulus for at least another 6-8 months. The yen continues to ignore its fundamental factors and is actively used as a protective asset, so the current trend depends only on external circumstances. Medium-term trading interest implies a range of decline of at least 1.5-2 figures. For a reversal upwards, a confident breakdown of the strong protection zone 115.50-115.80 is required
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GBP/USDGBP/USD
Johnson announced the abolition of social distancing rules under Plan B. Today, the representatives of Britain and the EU in the Brexit process, Elizabeth Truss and Maros Sefcovic should formulate the next «interim» results but the reaction of the pound to this information is unlikely. Balance of volumes is shifting towards purchases. The fate of the downward correction will be determined in the area of 1.3450.
EUR/USDEUR/USD
he process of electing the president of Italy will begin today. Mario Draghi remains the most likely contender for the post, but any rise in Italian bond yields on the back of a declining euro will be short-lived. There are no own factors for sharp movements, all attention is focused on the Fed meeting. The medium-term sales priority remains.
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XTI/USDXTI/USD
The US and China have reached an agreement to release oil from China's strategic reserves by February 1st. The EU's top diplomat confirmed progress in talks with Iran on a return to a nuclear deal. Regardless of the current negative for oil and the failed US reports, the oil will rise to the 90 zones on the old pending sales.
GBP/USDGBP/USD
The pound rose on expectations of the resignation of Prime Minister Johnson and the readiness of the British government to lift quarantine measures by the end of January, but there are still not enough votes to vote on a vote of no confidence. We are carefully studying economic reports, as expectations for the rate of increase in BOE rates are serious. Worse than forecast data will lead to a significant downward correction in the pound, which will also affect the euro.
GBP/USDGBP/USD
Johnson is not ready to escalate the conflict with the EU over the Northern Ireland protocol ahead of regional elections in Stormont. Britain cannot cope with Omicron, the resources of military hospitals and personnel have been mobilized. The absence of a new quarantine is keeping the pound in an upward channel so far, but there is no strong impetus for growth. Attention should be paid to the GDP data block.
EUR/USDEUR/USD
The fundamental background of the EU is now much less important than information from the US. The pair continues to move within the channel 1.1250-1.1400, there is a weak priority of purchases, but there are no factors for an upward breakdown yet. Lagarde's speeches are unlikely to change the balance of power. You should pay attention to the statistics of industrial production and the trade balance of the Eurozone.
XTI/USD XTI/USD
OPEC+ outside OPEC has left unchanged plans to increase oil production in February. The current growth is supported by events in Kazakhstan and pipeline problems in Libya. Trading volumes are accumulating for a downward correction, after which a transition to a flat is most likely before any progress appears in the US-Iranian negotiations.
GBP/USDThe number of COVID patients is growing at a record pace. The British Minister of Health said that there are no plans to tighten the quarantine yet, but analysts are confident that the current restrictions will be extended until at least the end of January. Revision of the current measures of social isolation is expected tomorrow, decision will have an impact on dynamics of the pound. The weak priority of sellers remains. Publication of industry and services PMI data can be used for strong speculation.
USD CHF 2 OPPOTUNITY FOR BUYMY DEAR FRIENDS AS YOU CAN SEE IN THE USD CHF CHART MARKET BEHAVIOUR IS NOT MUCH GOOD BUT WE CAN TAKE A ENTERY FOR LONG AT USD CHF WITH THESE CONFORMATION ARE :
1. TREND LINE BREAK
2. HEAD AND SHOULDER FORMATION
3. SUPPORT AREA TESTED TWO TIME STRONGLY REVERSESALS
WE HAVE TWO OPETION FOR BUY ENTERY.. 1ST MARKET GOES DOWN AREA 0.88666 AND GIVE US A CONFORMATION FOR BUY
2. MARKET BREAK THE LEVEL 0.8900 TO .89200 AREA AND AT RETEST WE CAN TAKE OUR BUY ENTERY FOR OUR TARGET AREA
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