Кино oнлайн Голосов: 1 Адрес блога: http://protelemag.ru/load/ Добавлен: 2011-09-28 02:02:58 блограйдером petol

Fundamental Analysis, for September 12, 2012

2012-09-12 19:04:43 (читать в оригинале)

 

The German Constitutional Court finally approved the country's participation in the so-called European Stability Fund with a dimension of 190 billion euro.
Does it mean that the approval and implementation of this fund is real? This mechanism acts a International Monetary Fund but on a continental level, enabling any of the Eurozone countries to resort to a request for financial assistance, or a rescue, if this is necessary.
This measure, taken with a delay though, which earlier implementation could have help to avoid the financial disaster in Spain and Italy, for example, can be the beginning of a sustainable solution to the above problems.
But these funds do not solve an underlying problem such as the growth of economies with debt difficulties. The financial aid will lower the cost debt taking, which already happened last week, when the ECB President Draghi announced about buying bonds without limits (a foretaste of the judgment this morning in Germany but with another name), but low-cost debt placement does not create jobs or opens industries, or increase economic activity: it only reduces the amount of money that a state shall allocate to debt interest payments. The question arises: what will you do with the extra money, and there are already some social policy elements in each country.
However, it is encouraging that Europe has taken the leadership once again and started dictating solutions, and not speeches. This reflected in the euro as the currency touched 1.2935 a few hours ago, the level it reached last on May 11, and in February 2004. As if it confirmed the maxima that "the market has memory", right?
The euro and the pound, the Swiss franc and the yen gained momentum in the last few hours. The same applies to the Australian dollar, battered in the past two weeks by unfavorable news about China's economy, and with the Canadian dollar which is also linked to oil as the peso.
Even an ounce of gold, as a faithful sought refuge, left its lateralization of the last hours, and started heading for $ 1800, not far from its record high, and not far from the $ 2,000 forecasted by experts this year.
As a board game, Europe has made its move. Now it's up to the Fed to set monetary policy. Besides, the interest rate could be maintained until mid-2015, rumors circulating in these times, and not until the end of 2014 as announced by Chairman Bernanke at recent meetings. Such action is expected to give neutral dynamics to the economy that we could see almost a year ago in the terms of growth.
Employment data which is modestly growing shows that the actions taken in 2012 have not yielded the expected results, and it appears that the Fed will announce a big injection of money, called in the fields of QE markets.

 

 

If you need  personal consultation, contact me via e-mail: gerardo.porras@analytics.instaforex.com

If you like my Fundamental analysis, please vote for me, at the portal MT5.com please login and then vote for me. Thanks.

The material has been provided by Instaforex Company - instaforex.com

---

AUD/USD Buy Above 1.0350 For September 12, 2012 (Daily Strategy)

2012-09-12 18:02:48 (читать в оригинале)

The Australian dollar was under pressure of unfavorable news from China for the last two weeks, trading at 1.0180. The dollar’s recovery led the pair to the level of 1.05. By the end of the month the currency is expected to extend towards 1.08, although it is possible that there will be a correction. For this reason, we recommend buying with the target placed at the support level of 1.0490.

If you need a personal consultation, contact me via e-mail: gerardo.porras@analytics.instaforex.com

If you like my technical analysis, please vote for me, in the portal MT5.com, please login and then vote for me. Thanks.

The material has been provided by Instaforex Company - instaforex.com

---

GBP/USD Technical Correction for September 12, 2012 (Daily Strategy)

2012-09-12 17:59:47 (читать в оригинале)

The pound sterling recorded a maximum level of 1.6130 which coincides with the daily fractal of 1.6129, the second weekly resistance is placed 33 pips above at 1.6163. Given that the markets are bullish, the pair may find a strong resistance at these levels. We, therefore, recommend selling below the 1.6129 fractal, with objectives at the nearest support of 1.5958.

The MACD indicator is showing an imminent correction in the price of the pound.

 

If you need a personal consultation, contact me via e-mail: gerardo.porras@analytics.instaforex.com

If you like my technical analysis, please vote for me, in the portal MT5.com, please login and then vote for me. Thanks.

The material has been provided by Instaforex Company - instaforex.com

---

Daily Trading Forecasts (September 12, 2012)

2012-09-12 15:59:37 (читать в оригинале)

EURUSD: This is a bullish market. The price is still far above the EMA 21, though the Stochastic is now in the overbought territory. The next price target would be at 1.2950.

 

USDCHF: When EURUSD goes up, it is difficult for USDCHF to do the same; hence the current tendency is downtrend. The support level has been tested at 0.9350, and the price could breach it if the current market bias continues further.

 

GBPUSD: This is also in an uptrend. The cable has continued its slow and steady journey to the upside. The resistance level at 1.6000 has already been breached, while the price targets the resistance at 1.6150.

 

EURJPY: Looking at the chart that accompanies this analysis on the EURJPY, we would see that everything points northwards. The resistance level at 100.50 has been disrespected as the price sticks its neck further.

 

USDJPY: Unlike most of the others JPY pairs, the USDJPY has continued to show a vivid lack of strength. The support level at 77.50 is struggling to halt further downward trend. If it holds its ground, the price would rise.

  

The material has been provided by Instaforex Company - instaforex.com

---

USD/CAD Intraday Technical Analysis and Trading Recommendations for September 12, 2012

2012-09-12 15:06:28 (читать в оригинале)

The USD/CAD pair found resistance around the price level of 0.9915 corresponding to the upper limit of the bearish channel breaking down the lower limit of the consolidation range at 0.9845 which previously acted as support level recently.

After breakdown of 0.9845, the market went to the downside reaching the price level of 0.9722, achieving the full target for this range bearish breakout located at 0.9745.

Price level of 0.9845 should be watched for price action at retesting as it will probably offer a valid SELL entry with target at the lower limit of the channel around 0.9730. However, fixation above 0.9845 threatens again the bearish view considering this breakdown as a trap for sellers.

It seems like the price level of 0.9710 is constituting an intraday Support level, fixation above this level will allow the USD/CAD pair to move higher. However, breakdown of this level will allow the pair to have another bearish swing.

The material has been provided by Instaforex Company - instaforex.com