FX forecast for Sept. 8
[EUR/USD:] The euro traded yesterday within a narrow corridor encompassed between $1.4330 and $1.4360; today the level up to which it makes sense to sell euros is $1.4440, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo.
Concerning the technical analysis, the levels of resistance and support announced yesterday remain valid for today as well.
The statistical data concerning the euro zone published on Monday didn’t affect the development of the EUR/USD pair. Today, the actors of the forex trading markets will pay attention to the publishing of Germany’s trade balance.
[EUR/MDL:] In Moldova the euro will sell at 15.88 – 15.93 lei and buy at 15.99 – 16.05 lei.
[USD/MDL:] 11.15 – 11.17 lei (bid) and 11.24 – 11.27 (ask).
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