Dollar recovers slowly positions in the European session on Friday, with a slight drop in the Euro and the Yen, while the British Pound is falling on all fronts. However, it could be a correction after several days of movements opposed to the currency, who would not abandon its downtrend. The stock, meanwhile, continue to enjoy a week unbeatable, in which the climate of euphoria does not stop, and huge sums of money are turning to stocks, bonds, and instruments of varying risk. Reports macroeconomic give this climate of finance a certain level of sustainability, given that the most important variables begin to stabilize. In what may be considered week nourished in terms of macro data, inflation, retail sales and the numbers of requests

for unemployment show that the worst of the crisis is receding, and that a new course could be looming in the global economy. Anyway, we know that before a cycle as we live, comes a correction is fear of traders today. And the tenor of this correction will bring prepared pessimism. It will therefore be important to assess, in that circumstance, variables that do not rely exclusively on markets and that relate to the development of consumption and unemployment. No waiting for news of importance for the next hours. The euro traded at 1.4708 against the dollar, with downward trend in figure 4 hours, then break the trendline at 1.4695, and to conduct a pullback against it. A further fall in the Euro confirm that break, with new media at 1.4650, 1.4630 and 1.46. The resistance, meanwhile, are 1.4735, 1.4770 and 1.4810. The British Pound is trading at 1.6363 against the dollar and the trend slightly lower in the graph of 4 hours, although recovering the British currency some ground in the midday in Europe. The pair, also retained its bearish bias, and a fall below of 1.6320, first support, will have new target in the low of the day so far, 1.6295, and further down 1.6255 and 1.6235. Friends, Have a nice day operations and a very good weekend. See you next Monday. Until then.