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domingo, 24 de abril de 2011

Interest Rates Announcements in the United States and Japan.


To a few minutes of which it initiates a new week of transactions on the Forex Market, the USD/JPY registered on Thursday and Friday of last week, levels similar to the zone of Support that had respected before Earthquake that I concern to Japan.

In the attached graph it is possible to observe a band of colors (yellow and blue), in the area of blue color can be observed the zones of Support to which I have referred in the previous paragraph.


By other side, in this week that initiates, the Rates of Interest will be announced for The United States (April 27 at 18:30 GMT + 1:00) and Japan (January 28 at 13:59 GMT + 1:00) and the expert analysts do not wait for any change in the current rates of 0.25 % for The United States and 0.1 % for Japan.

Anyhow, these two announcements always move the Market Forex, and it will ensue from particular importance to know what there declares Mr Ben Bernanke, President of the FED, after one announces that I do not change the Rate,

Independently of the previous thing, it seems to me that the couple this USD/JPY in a Zone of Support that is going to respect, for what I think the beginning of an rising trend of the Dollar opposite to the Yen that it can take it up to the levels of 84 again.