The dollar was unable to hold on to its gains, but can not say that the rally has ended after

U.S. dollar looked to penetrate the major peaks against the yen and the euro and other major counterparts. However, the report kept disappointing U.S. jobs wanderers dollar traders, although it ended the S & P500 index week at historic peaks - What holds us next week?
It was supposed to be a busy week for the green version of the Fed's decision usefulness and dissemination of data the second quarter of gross domestic product (GDP) growth and jobs report available outside the agricultural sector for the month of July. However, the dollar index, the Dow Jones - Ave. XML. C. Umm record four consecutive bullish تسارعات day but did not registered upward hack who Rgehna crystallization. If you can not top three economic events in pushing the dollar to record breakthrough, which may lead him to it?
Does not carry with it the next week a lot of U.S. economic events risky, and in fact oscillations prices tumbled in anticipation of the absence of price movements. If there was a clear thing is represented not knowing the next major driver of the markets.
The reality of the S & P 500 trades at historic peaks amid continued testing Treasuries and fixed income markets wider fluctuations dense constitutes a clear reason for concern. While it was not wise to pursue the timing of reaching the S & P summit, it should be noted that the trades VIX index fluctuations are at their lowest levels since the start of the financial crisis in 2007. Under similar conditions, are the chances of the emergence of intensive corrective movements in the near term.
Will be limited to events U.S. economic data on ISM manufacturing upcoming Monday and numbers weekly jobless core to be released Thursday, is unlikely to contribute to any of them to generate big moves in the market due to ignore the markets are relatively jobs report available outside the agricultural sector and monetary policy announcement for the Fed. Instead, we will be looking to the major events that will crystallize on the Square Asia and the Pacific.
Likely to constitute a Reserve Bank interest rate decision and Australian trade balance figures and inflation prominent Chinese engines for the dollar index - particularly in light of the record Australian dollar and New Zealand the worst performance against the major currencies during the previous week.
Traders estimated at the present time 90% reduction opportunities RBA interest rates at a meeting next week. In spite of the low yields may not have direct effects on the U.S. economy, the continuing move the Reserve Bank of Australia in the facilitative approach is very important for the forex markets in general. Expect significant fluctuations dollar test when the emergence of any surprises.
Likely to have inflation and trade data Chinese Btatert, large Australian and Japanese economies and New Zealand related to each other. Dependence leaves China's apparent consumption of Australian and New Zealand economies at risk in the event of imports came disappointing. Any reading of the consumer price index and producer price index below expectations will limit the options of the People's Bank of China to keep monetary policy loose in the second largest economy in the world. We expect to test the Australian and New Zealand dollar and the yen noticeable movements at any readings below or above estimates.
've Included in the previous week that the U.S. dollar probably resides at the crossroads of major versus the yen and other major counterparts. Although the dollar index failed to maintain its gains, it is necessary to point out that the dollar is still in the right place in the vicinity of major peaks for several weeks after scoring advanced for four consecutive days.

Silver between technical analysis and economic figures

It is known that there is a positive correlation between silver and gold, unlike the U.S. dollar, which is linked them negatively closely any if the U.S. dollar rose metals can be reduced, but the reaction of silver remains for fluctuations caused by economic figures less than the reaction of gold
Income of silver metal in a bearish channel up to the bottom of his points in the channel, this point is also to some extent the first line of support 19.20 if the line is broken this support, we could see an acceleration in the decline towards 19.03 support line second
Digit unemployment rate in America is able to move the price of silver, if the numbers are positive Vamahtml high dollar any falling metals and thus break the price down the channel towards 19.03 and the opposite ie if the results were negative seeing a rebound minerals, towards the top of the channel and then 19.98 resistance line
RSI is a strong support line is difficult to break, but if the numbers are positive in America are breaking this line and so falling price
Support lines ($): 19.20, 19.03, 18.70
Resistance lines ($): 19.98, 20.60

Euro target the 1.3250 level but achieving it is not difficult in conjunction with risk trends and the Italian GDP

Succeeded Alaorovi the previous week in progress against all its major counterparts except the U.S. dollar. The euro / dollar pair is the standard for the forex markets, and congestion that test him appear the situation surrounding the underlying market. However, in the absence of issues dominant Katgahat the the risks and speculation surrounding the Federal Reserve to withdraw stimulus, it is likely that you have the basics euro biggest influences. That would be an interesting particularly for couples such as the euro / yen or euro / dollar are ready to record breakthroughs when crystallized risky events such as the GDP numbers for the second semester Italian, for example.
In the past few weeks, the Member States in the vicinity of the euro zone pose potential catalysts for fluctuations in the euro. Approved by the International Monetary Fund and the European Union on the last tranche of Greek assistance, Portugal avoided early elections and thus the deviation from the path of austerity. Of course, during the previous months, there have been a number of events that did not suffer for the benefit of the progress or even entrench the status quo. In spite of the negative repercussions, the euro was able to cohesion and stability. Likely to indicate, however, that investor confidence is now enjoying immunity at the regional problems is critical.
While ignoring the temporary market turbulence that stand in the way of recovery in countries such as Greece and Portugal, it is necessary to recall that the tensions that affect the basis of the euro zone will add a new factor to the equation stability of the region - not to mention the near-term oscillations most acute. Next week, the main event is reflected initial reading of the GDP figures for the second semester Italian. Economy shrank's third-largest economy in the euro zone for the seventh consecutive season, is expected to show a new reading of a contraction of 0.4%. This scenario has become known, so any reading corresponds with the estimates will generate a wave of oscillations. In the past week, Spain reported the growing unit stagnant with a quarterly decline of 0.1%.
In the event any struggled a growth report from one of the countries that form the backbone of the European Union to get feedback from the second-intensive major currencies in the world, must make the perilous events "familiar" greater effort to influence the euro. Include versions that must be closely monitored index of regional service sector activities, the German trade balance, a Santeks survey of investor confidence in the euro area, in addition to the monthly report of the European Central Bank and the Greek unemployment rate. In the event occurred in any major surprises on these reports, then will highlight the wave of oscillations.
One of the considerations which would convert basic disorders to even greater step in the market, up numbers falling on the table down to the approximate technical levels. The most prominent example is reflected with the beginning of the week to the scope of the euro / dollar, which ranges between 1.3300 (which is bounded on the rising trend line set from the swing peak in May 2011) and 1.3175 (which is a set of technical standards). This is a narrow corridor in the if rebounded wind, and is likely to undermine the rising wave oscillations of sites based on speculation larger than the data might do or news alone. If the trades based on the scale provided with the approaching release of the report of Italian growth, available a significant risk of penetration.
Although the concentration threshold of a solid trend to follow the euro at a higher level and enjoy the upcoming events perilous effects are limited, still available sources of disturbances that will push the EUR / USD again to the extremities such as the level of 1.3500 and 1.3000 or even push the euro / yen to overcome the 134 level or drop below 130. In this regard, a risk aversion waves always present threat since it has the ability to redefine the tensions that can be placed under control and be included in the equation of the crisis. On the other hand, it is extremely difficult to mobilize a similar level of optimism due to the appreciation of the valuable time for low-revenue / assets with a higher proportion of risk. Very likely that we will see renewed crisis in the euro zone.

U.S. dollar is looking forward to a Fed official comments

Pays calm that hangs on the economic table during the European trading hours traders to focus on the American calendar, where the lights have authority over the comments will be made by the chairman of the Federal Reserve Bank of Chicago in the state of Charles Evans. The policy of this man who clearly belongs to the members, who tend to follow the prudent and Almitrith policy is also this year a Msota member of the Federal Reserve Board. It is important to note that Evans did not attend the speech, but he will answer questions from journalists, who Sajrunh without doubt to talk about downsizing monthly asset purchases that may occur in the September meeting. In the event seemed more Convinced بالتقليص, Vsasb this matter in favor of the U.S. dollar and vice versa.
Japanese Yen underperformed during the evening session and lost 0.4 percent on average against its major counterparts. The move came in the wake of the Nikkei 225 index advanced standard, which indicates that out of the sites Altjaratalambnah on the benefits and differences funded by low-yielding currency was the catalyst behind this move. This has been attributed media to rally the Nikkei index to a report published by Reuters and has the effect that the pension fund for civil servants in the process studied Japanese invest more money in capital stock rather than local bonds.
Australian dollar accelerated up exactly as it was expected after the RBA dish reduced by 25 basis points to interest rates without providing any evidence for the possibility to continue easing approach in the coming meetings. Policy statement was less cautious this time with a focus on the idea of ​​politicians continue to "assess the prospects and policy adjustments as needed," is inconsistent with the emphasis that has emerged in the previous month about "the possibility of providing the prospects for inflation ... way to bring more convenience." Looking ahead, it is likely that it may be paving the way for the emergence of climate sensitive about the data, to turn attention toward the jobs data for the month of July. It will also be the Chinese export figures and the consumer price index is very important due to the sensitivity of the Australian dollar over the growth trends in China.