Market Review of U.S. 17 April 2012

Euro rally on Monday, recovering from a low level in the past few months against the dollar and yen and low level 1-1/2 years against sterling in trading that was triggered by technical factors after the hold above technical support level ahead of the auction of bonds this week in Spain.

The price of gold goes down, following the decline on a number of other commodities such as crude oil, over anxiety about Spain's ability to pay off its debts and back wages crisis Europe zone  erode global investor appetite.

The US stock exchanges closed mix, with the Dow moving up closer to the psychological important 13,000 level and the S & P 500 is situated near a key level, however a limited increase of 1,370 as Nasdaq stocks dragged down down by big like Apple and Google.

Economic Data today is the RBA meeting minutes (8: 30), industrial production (11: 30 am), household confidence from Japan (12: 00 pm), the CPI of the United Kingdom (1530), the ZEW economic sentiment from Germany (4: 00 pm), CPI (4: 00 pm), the ZEW economic sentiment from the European zone (4: 00 pm), the speeches of the ECB Draghi (7: 30 pm), building permits (7: 30 pm), housing starts (7: 30 pm), industrial production from the US (8: 15pm), as well as earnings reports from Coca-Cola, Goldman Sachs, IBM, Intel , and Yahoo.

EUR/USD closing 1.3142, high, low, 1.3147 1.2993 XAUUSD C:1651.65, H:1657.85, L:1641.65, CO-S c: 103.18, H: 103.37 l: 101.80. Dow C: 12850, H: 12925, L:12748
Read more »

Market Review Asia 16 April 2012

The Euro weakened Monday, moving down to 1-month low against the u.s. dollar and the safe haven Yen while Spain-trigger fragile is the economy of the European zone.

The Nikkei index down 1.7% as investors trim interest for asset risks debt crisis new concerns related to the European zone. KOSPI drops, following the fall of their global counterparts after Spain bond yield rising.

Hang Seng weakened due to a profit warning from companies in China and concerns over the debt crisis in Europe. Sector mines and industrial base bring TRADE to closed weakened 12.696 points.
Read more »

European Market Review 16 April 2012

The Euro plummeted to the lowest point of the 1-month vs the Dollar and to the lowest level vs 8 weeks, continued the weakening of the Yen since last week linked the European debt crisis after the bonds were under pressure from New Spain.

While the European stock exchange seemed more upbeat on Monday, as investors used a sharp decline last week as an opportunity to pick up stocks at cheap prices, although the strengthening still hampered by debt worries, along with yield Spain Spain for 10-year tenor touched 6% for the first time since December 2011.
Read more »

U.S Market Review 16 April 2012

The increase in yield drag Spain euro bonds down on Friday, pushing the euro to decline against the dollar and the second weekly yen over debt crisis the European zone and slowing down growth in China sparked anxiety of investors.

The price of gold goes down as the kokohnya dollar against a number of major currencies while crude oil also fell after China's GDP data shows are at the lowest level in nearly three years.

The U.S. stock market decline towards the close to adding to closed at low level, scoring weeks worst session this year, along with the weakening of global growth and a bad us economic data made investors reluctant to enter the stock exchange.

Economic Data today is from the United Kingdom, Rightmove HPI PPI from Switzerland, the trade balance from the European zone, retail sales, the empire state manufacturing index, NAHB housing market index of U.S. and reports earnings from Citigroup and Mattel.

EUR/USD closing 1.3078, high, low, 1.3201 1.3067 XAUUSD C:1657.00, H:1677.85, L:1649.70, CO-S c: 102.84, H: L: 102.61 103.90. Dow c: 12788, H: 12971, L:12775.
Read more »

Technical analysis Trading Online 16 April 2012

EUR/USD looks on the graph is synonymous 1 hour we get a signal in the opposite of slow stochastics, MACD and MACD still indicating trends intersect down still bearish short term test area support double bottom around 1.3030, 1.3000 – break down the area could trigger further bearish momentum towards 1.2990 area. However, we also get a bullish signal from the William R% is in the area had been oversold which indicates a potential rebound in the shorter term to at least test area 1.3110 – 1.3145, before continuing bearish scenario. Bearish Bias in the medium term at this time can only be undone by the closing level break and at least above the test area 1.3350 1.3245 back.


GBP/USD as shown in chart 1, the price failed to break into the strong resistant above 1.5995 and touching support trendline 1.5850. Bias still bullish for prices remained bullish on the channel graph 1 hour, only to break and level the daily closing above 1.5930 revert can turn bullish mode. To move down, it takes a break at least down the channel to maintain a bullish bearish scenario false breakout on daily chart continue to apply test area 1.5810.


USD/JPY Bias is still bearish in the short term, especially if the price can break back down bersamaa with the MACD 1.0360 intersect down, back test area and keeping the bearish scenario 1.0300 remain strong toward 1.0225 or further down again. To move up, the nearest resistant area is around 1.0460, break up the area will transform back into a bullish bias daily test area 1.0560.

XAU/LOCO Price reflected by MA100 on the 4 hour chart, and penetrates to the bottom of the bullish channel, which indicates a bearish bias in the short term. Survive in the bottom area of the 1655 will bring gold down to examine the area of 1645. Nearby there are around resistant area 1665, only to break up this area which can cancel the outlook is bearish.

CRUDE OIL (CRUDE OIL), the oil's movement on the daily chart form harrami with moderate, stochastic RSI and moderate volume tends to decrease illustrates the bearish reversal of oil prices less supported by full market post failure break level 101.86. For the next if see a pattern like this, there is a trend of oil prices will rebound back with an estimated price of the tests break resistant 102.90.

INDEX on Stochastic HANGSENG 4 hour chart indicates a bearish correction phase back to area 20635. Break down area 20635 will validate scenarios false break and continued bearish bias test 20930. The nearest are in areas resistant 20830 followed by area 21030.


The NIKKEI INDEX Bias is neutral in the short term with MA100 on graifk 1 hour as the pivot point. Stay on top of the area around MA100 9540 can trigger a bullish momentum toward 9650 or even 9735. While break down MA100 can turn back into a bearish bias test 9450 as support nearby followed by area p09735.
Read more »