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

Fundamental Analysis, for September 07, 2012

2012-09-07 18:57:14 (читать в оригинале)

 

Finally, after several months, the European Central Bank took the situation under its control (we cannot believe that Germany was behind this) and announced Thursday the beginning of unlimited bond buying of the countries with huge debts such as Spain and Italy, the cost of financing is drowning increasingly.
The ECB president Mario Draghi was loud and clear while giving his speech and the markets reacted with a true wave of euphoria which has extended to these hours.
Thus, S&P closed Thursday at its four year maximum, right at the eve of the fourth anniversary of the fall of Lehman Brothers, which eventually blew the bombshell that was the housing bubble in the United States.
The euro, the currency that benefited the most on yesterday’s news, currently exceeds 1.27, the highest value since 21 June, while the British pound which was about 1.60 at the opening of the European session slightly decreased.
The Swiss franc went down and there is a mathematical explanation to it which is not difficult to understand: the euro rose anchoring to 1.20, that the franc, as the result, would is favored against the dollar. The decision has not been officially announced yet to raise the floor area of ​​1.20 to 1.22 / 1.25; the franc will go near parity against the dollar and not the euro to gain space. SNB sees predicts that the euro will continue its upward trend for a while.
The shopping spree on Thursday hit oil which soared upward, carrying the Canadian dollar which finally broke against the dollar to 0.9840 support and closed at 0.98. The Mexican peso broke the barrier of 13 pesos per dollar for first time in several months. In both cases, these currencies are overbought and are likely to see a correction of the same range.
The euphoria spreads around the world, when in fact, in practice, nothing is yet settled, more than ads that, you know, coming from the European Central Bank move to turtle speed.
The euro area reached 1.29 in no time. The Australian dollar will continue to build a strong recovery undoubtedly to seek further to at least 1.06. So, the Canadian dollar could continue its upward trend, if oil approaches to the level of $100.
The Dow Jones index futures demonstrated a strong upward movement, and good employment data is not well interpreted by the market. Rather the opposite. Stocks fell due to that job creation was not enough. In light of the trends presented in this hour, both stock indices like the dollar pairs, signify that there will be a strong correction soon with a massive rise of the dollar, at least in today's session .

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

---

Daily Trading Forecasts (September 7, 2012)

2012-09-07 17:37:33 (читать в оригинале)

EURUSD: This has been a bullish week for this pair. It has continued to move up above the EMA 21 as the Stochastic heads towards the overbought level. The resistance level at 1.2705 has already been tested and the price could continue grow higher if it closes above that level.

 

USDCHF: In contrast to what would be normally expected as a negative correlation movement, this market has continued to be rangebound rather than give a clear direction. One will do well to stay out of it for now.

 

GBPUSD: In spite of bearish corrections and pulls, the cable has continued to go up. It has moved up by over 100 pips this week. The price is also above the EMA 21 as the Williams’ % Range is around the overbought level.

 

EURJPY: Based on what has been said, the bullish breakout that has started in the present context of an uptrend is expected to continue. Albeit there could be some correction to the downside before the upward journey is resumed.

 

USDJPY: It was said that the previous downward journey would be invalid if the current indicators settings change. This is exactly what has happened. The EMA 11 has crossed the EMA 56 to the upside as those demand zones have held out. This is the beginning of a new long-term bullish outlook. 

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

---

GBP/USD Intraday Technical Analysis and Trading Recommendations for September 7, 2012

2012-09-07 14:54:47 (читать в оригинале)

GBP/USD Hourly chart on the basis of the Linear Regression Channels of three different time periods:

This week the GBP/USD pair expressed a strong bullish rejection towards the lower limit of the Yellow & Blue channels around 1.5835 which pushed the pair towards 1.5930 corresponding to the upper limit of the Yellow one where bearish domination was expressed failing to record a higher swing.

The GBP/USD pair has been consolidating almost sideways trapped between the price levels of 1.5850 - 1.5930 untill yesterday when the pair broke through the price level of 1.5930 reaching the upper limit of the Yellow channel at 1.5970.

The GBP/USD pair seems to be finding Intraday Resistance at the upper limit of the channel around 1.5970. That's why breakdown of the mid-line of the Yellow channel and the lower limit of the Violet one around 1.5925 opens the way directly towards the lower limit of the channels around 1.5880.

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

---

USD/CAD Intraday Technical Analysis and Trading Recommendations for September 7, 2012

2012-09-07 14:52:14 (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 current consolidation range at 0.9845 which previously acted as support before a valid BUY entry seen recently.

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 again threatens the bearish view considering this breakdown as a trap for sellers.

For the long-term aspect, price level of 0.9945 is a strong resistance level. That's why price action should be watched there for a valid long term SELL entry.

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

---

GOLD Wave Analysis for September 7, 2012

2012-09-07 14:45:35 (читать в оригинале)

GOLD Elliott Wave
Since our last analysis gold was trading in an upward move developing last 5 wave (coloured blue) of the bigger wave (3) (coloured green). Yesterday during the Asian and European sessions we could observe an ascending move from 1690.80 towards the 1712.70 level and we can consider this move as the end of the (3) wave (coloured green). Therefore, during the early New York session this commodity started pushing lower and the price reached 1696.45 level when the development of the corrective A wave (coloured blue) started. At the moment gold is trading around 1695.80 level and we are expecting to see the price around 1668.85 soon. In accordance with our wave rules and taking into account that the wave 4 should retrace 100% of the wave 2, we can define the potential targets with measuring 2 wave, with Take Profit at 1668.85 (100% of wave 2). To reduce the risk, we can use invalidation at 1714.10 as Stop Loss level. Also it is necessary to monitor the U.S. Non-Farm Employment Change, Unemployment Rate and Average Hourly Earnings m/m data that can change the rate of the pair.
Support and Resistance
(S3) 1669.3 (S2) 1681.5 (S1) 1692.5 (PP) 1704.7 (R1) 1715.7 (R2) 1727.9 (R3) 1738.9
Trading Forecast
Proceeding from Elliott Wave rules today, the trend is expected to begin the downward movement. That is why short positions at level 1693.60 with Stop Loss 1714.10 and Take Profit at 1668.85 are recommended.

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