EUR/USD (a 4-hour chart)
Tuesday was quite calm on the Forex market. The US currency moderately strengthened versus the Euro and the yen, but surrendered a part of its position vs the British pound. In the United States reports on orders for durable goods and home sales on the primary market in November were published. The data were positive; however in the conditions of low liquidity the market reaction was minimal. The single European currency fell to the level 1.3654 in the moment. It was not enough more force for the growth. The participants of the auction on the pair GBP/USD in the absence of the important macroeconomic statistics won back the positive statistics on the housing market. The British Bankers Association published a report on the volume of mortgage lending in November.
The indicator was at a level 45 000, having set a 6-year maximum. Against this positive background of quotation the pair pound/dollar grew up to the level 1.6380 and closed the trading day just below this level. The USD/JPY traders in the Asian trading session actively sell the yen. On the eve there was a growth of futures on the Nikkei 225, which set a fresh annual maximum. On this background the “bulls” opened long positions actively. Having raised quotations to the level 104.40 “bulls” decided to fix profit, moreover the downward trend was observed on the futures on the Nikkei 225 index.