Technical analysis Trading Online, April 25, 2012

EUR/USD Bias is neutral in the short term and the overall price was berkonsolidasi without a clear direction and momentum. We still prefer the bearish scenario in this phase with a strategy of sell on rallies, but as long as prices remained above support strong bullish opportunities in area test area 1.3110 1.3210-1.3225 is still very open. Nearest Support around 1.3110, break down those areas could trigger further bearish pressure test area 1.3055, before heading to area 1.2995.


GBP/USD Bias still bullish in the short term, especially if the price can go back up through the test area 1.6245 1.6165. Nearest Support still exists around the area 1.6075, break down the area consistent can bring prices toward the neutral zone in the short term but over the price remained above 1.6000, we're still bullish on this currency pair with Bollywood buy on dips.


EUR/GBP bearish Bias as long as price moves in the channel's bearish on the graph 1 hour but we still prefer a bullish scenario in this phase. Buy around 0.8165 seemed to be a great idea with the risk reward ratio is good to 0.8275 area with tight stop loss below 0.8140. Break and closing level under daily 0.8140 can change the short-term bias being bearish.



XAU/LOCO bullish Bias after price broke through to the top channel bearish on graph 1 hour, but still hold the MA200 price to move up higher again. Needed to break up the MA200 around 1648 area to trigger advanced bullish momentum emnuju area of 1655. Nearby there is still on the Support area of 1635, break down these areas will bring gold down to test area 1623.


INDEX of neutral Bias HANGSENG in short-term NTO survive in areas of 20570-20715. Break down area 20570 will trigger a bearish pressure toward area 20440. Temporary break up ar ea 20715 can turn into a bullish bias towards areas of 20830.


The NIKKEI INDEX Bias is neutral in the short term as long as price survived in range area p09735-9685. Just break up the area that can turn the bias 9685 became bullish towards 9790 or even 9900. While break down area p09735 will confirm the bearish bias towards areas of the 9300 in the short term.

Market Review U.S 25 April 2012

Dollar weakened against the euro on Tuesday after data showed that house prices in the u.s. start a stable trigger investors looking for yield higher outside of the us. Gold also rose as the dollar weakening occurred, but traders are still reluctant to enter the market ahead of a policy meeting of the Federal Reserve.

The US stock exchanges closed mix, regardless of the high level session, along with the euphoria of the earnings reports faded in the early session and over anjloknya shares of Apple, which also hit the Nasdaq index. Oil prices rose in New York after a session of home prices in 20 U.S. cities dropped at a rate slower in February, strengthen optimism that US economic expansion will add up quickly.

Economic Data today is the speech of the ECB Draghi, GDP, CBI industrial orders expectations from the United Kingdom, durable goods orders, crude oil inventories from the US interest rate decision, statement, economic projections, and FOMC News Conference, as well as earnings reports from Boeing, Caterpillar, Credit Suisse, Sprint and Motorola Solution, Akamai.

EUR/USD closing 1.3197, high, low, 1.3218 1.3143 XAUUSD C:1641.80, H:1649.15, L:1634.35, CO-S c: 103.79, h: 104.10 L: 102.79. Dow C: 12959, H: 12995, L:12870.