Forex: Market participants leave the dollar

Good statistics on the United States has become an occasion for the players to continue to raise the level of risk. On Friday, September 3, there is still a steady growth of the euro and pound. These trends are gaining momentum and on Monday, September 6. The players attempted to storm the complex level of resistance to 1,29 dollars / euros. From the success of this undertaking will depend on further developments in this currency pair.

It should be noted that on Monday, U.S. investors do not work on the occasion of Labor Day weekend in the country. And therefore expect significant volumes of trading on the Forex is not worth it. If you take a mark 1,29 dollars / euros and will happen, it is likely to happen only on Tuesday. The same is true for the pair Pound / dollar: penetration mark 1,55 dollars per pound, apparently held no earlier than Tuesday.

Meanwhile, significant changes in the yen is still not happened. A pair dollar / yen remains in a narrow range of 84-85 yen / dollar. And this kind of training players to breakthrough support 84 yen to the dollar. down. In this situation, the technical picture suggests that all verbal intervention of the Bank of Japan have so far been unsuccessful: the words of bidders not scare.

Forex trading once again formed a mixed picture. On the one hand, players raise the level of risk by buying European currencies, on the other - some investors are hard pressed to conservative yen. In normal circumstances, these trends are mutually exclusive: the players are running any of the dollar and the yen in the pound and the euro, or from euros to dollars, and then in the yen. Now there is the flight from U.S. currency anywhere. How long it will last is uncertain.