Euro rises slightly against the Dollar (EUR/USD) -- reported the analysts of Masterforex-V World Academy http://www.masterforex-v.com/. This week the investors expect publication of statistical data, which could confirm the optimism of the Federal Reserve System about the prospects for the country's economy.
The Yen is becoming cheaper on the statistical data, reporting the significant increase in the negative balance of foreign trade in Japan, while the exports volumes are weakening extremely.
Japan's trade deficit, say the experts of Masterforex-V World Academy, - rose in March to 1.45 trillion Yen from 800.3 billion Yen in February with an average forecast of 1.08 trillion Yen. Last month, the exports grew only by 1.8% in annual terms.
Today the U.S. Dollar against the Euro traded at 1.3820 Dollars against 1.3814 Dollars at the close of the previous trading. Meanwhile, the Yen fell against the Dollar to 102.58 Yen from 102.39 Yen, while the Euro fell to the Japanese national currency to 141.76 Yen against 141.44 Yen against the closing level of the session on April, 17th - according to the Forex experts.
Today on the Ukrainian interbank currency market the bidding on the U.S. Dollar was opened at 11, 2-11,5 quotes. The Ruble market opened with the quotes at 0, 31-0, 32 UAH /RR. In Russia the Ruble against the U.S. Dollar fell and reached the level of 35.55 Rubles/Dollar.
On the Foreign Exchange Market the rates at the currency pair Euro/Dollar started at the level 1, 3817-1,3819, varying in a narrow corridor on Monday. The market Euro/Hryvna opened with quotations 15,47-15,89.
The Euro finished the week above $ 1.3800.
As it is informed by the Forex analysts of the company PROFIT Group, the Euro/Dollar finished the last trading week above $ 1.3800.
On April, 21st 2014, the mark of 1.3870 will act as the first resistance. With its breakout the quotes will grow to 1.3960. And then the quotes can test the resistance around 1.4040. The mark 1.3800 serves as the first level of support. If the quotations overcome this level, the second support will become the mark 1.3735. Well, then the pair will fall to the level of 1.3680.
The moving Averages on the daily and the four-hour charts are rising; they are falling on the hourly chart. The RSI is neutral on the daily, and the four- hour chart, - inform the analysts of the Forex Broker Company PROFIT Group.
