The positions of the dollar on the Forex market has begun to take that immediately affected the market of oil and other commodities. Although the reduction in "American" at the moment is not aggressive, the currency becomes sufficiently "resold", and in the coming days, correction becomes more apparent.
For example in the market for euro / dollar euro was unable to take a key level - a mark 1,32 dollars / euros. This is a complex technical resistance, and the players are at this level, a significant number of option contracts, which indicates the confidence of participants in the integrity of this level in the coming months.
Technical chart pattern dollar / pound also showed significant oversold "American." Despite the fact that the British pound went up to the complex level of 1.6 dollars per pound, lay the groundwork for improving the British currency remains. Downtrend line is about a mark 1,64 dollars / lb. Nevertheless, "bears" are unlikely without a fight will pass mark of $ 1,6 / lb. There has been a key approach to a complex level of 85.4 and a couple of yen-dollar.
Thus, the market situation where to continue to reduce the dollar will need to take the key marks in several pairs. And provided that the current market "thin", and players on it a bit by selling such complex barriers will be very difficult. Especially when you consider that many large players open options positions at levels achieved during the summer in spring when the liquidity sites was much higher.
