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Showing posts with label 2012. Show all posts

U.S. Market Review, June 08, 2012

Euro gains against dollar adds on Thursday as a rise in us stock exchanges. But the US stock market lost steam towards the close of the mix to be closed, after the Federal Reserve announced new capital rules for financial institutions and following comments that Bernanke gives hope for intervention from the central bank.

Gold is down $ 1,600 per ounce of post comment Bernanke, while the dollar strengthened. Oil is down over the comments from the Governor of the Federal Reserve Ben Bernanke memudarkan additional stimulus policy expectations and defeating the support of trimming interest rates China is staggering.

Economic Data today is a current account, the GDP of Japan, trade balance, home loans from Australia, speech from the RBA Stevens, PPI of the United Kingdom, trade balance of U.S.

EUR/USD closing 1.2561 1.2625, low, high, C:1589.75, 1.2538 XAUUSD, H:1628.90, CO-L:1578.85 S C: 83.61, H: 87.03 l: 83.43. Dow C: 12406, H: 12475, L:12335.

Technical analysis Trading Online, June 01, 2012

EUR/USD Bias is still bearish in the short term test area 1.2320, break down those areas could trigger further bearish pressure test area 1.2200 – 1.2250 as part of the bearish scenario after the break down of strong support 1.2425. Nearby there are resistant around 1.2480 area, break up the area will bring prices toward the neutral zone but for berthaan price 1.2505 below, overall technical bias is still bearish daily and only the above movements that can withstand 1.2625 bearish scenario for a while.

GBP/USD as shown in graph 1 hour GBPUSD has continued to trend down to lower level support 1.5470, overall bias is still bearish for prices in abwah 1.5635, with the risk of psychological level test area 1.5300 then 1.5265. To move up, it takes a consistent break up in this phase of 1.5730 to indicate potential correction towards area 1.5845.

AUD/USD AUDUSD again tried to move down yesterday, marked the decline of the advanced towards the area towards the psychological level 0.9660 next around before heading to 0.9500 0.9600 area in the long term. Meanwhile, the correction up to neutralize the oversold condition limited area around 0.9750, break up the area could trigger further bullish pressure test the back area, but overall the 0.9810 just breaks is consistent and the closing level above the psychological level of daily importance around the 1.0000 area that can withstand the bearish scenario for a while.

XAU/LOCO Bias remains neutral in the short term to persist around the area of 1560 with a focus fixed on NFP data from the us. Nearby there are around resistant area 1582 was followed by area of 1600. While the nearest exist in the area support 1523 and 1525. However we still prefer the bearish bias sell on rallies with a strategy for defending the area price under 1600.

HANGSENG Hang seng INDEX is in a bullish correction phase towards areas in the short-term. 18825 While bias is still bearish with the nearest support on 18480, break down these areas will bring the hang seng dropped to test the psychological support in the area of 18000.

The NIKKEI INDEX Bias is still bearish as long as price moves below the resistant area, heading 8520 8534 as low level areas yesterday before testing the 8260 area. Just break into the top area of the 8520 that can trigger a bullish correction test area 8610.

Market Review of the US June 01, 2012

The Euro weakened against the US dollar on Thursday pressured by worries about the banking sector, Spain and the US economic data disappointing which pushed the euro to a low level 23 of the new moon, which also hit Wall Street to be closed down. Crude oil prices drop after US crude oil supplies surged to a high level in almost 22 years last week while gold closed flat, but the biggest monthly decline since headed last December.

Economic Data today is AIG manufacturing index of capital spending from Australia, Japan, manufacturing PMI from China, retail sales, SVME PMI from Switzerland, manufacturing PMI from United Kingdom, jobless rate from the European zone, non-farm payrolls, jobless rate, personal spending, the ISM manufacturing PMI.

EUR/USD closing 1.2363, high, low, 1.2428 1.2335 XAUUSD C:1562.45, H:1573.05, L:1552.55, CO-S c: 86.50, H: 88.28 L: 85.86. Dow C: 12383, h: 12479, L:12307

Technical Analysis Trading Online May 07, 2012

EUR/USD Bias is neutral in the short term. Nearby there are still resistant in some areas 1.3180-1.3205, break up the area could trigger further bullish pressure test area 1.3285, which remains a resistant locks and a good place to take a position sell with tight stop loss above the triangle formation. To move down, it takes a break and level the daily closing below the bearish scenario 1.3105 to continue to support strongly on area 1.2995. Overall there are no changes to the technical outlook. As long as prices remained in a bearish channel on the new graph 1 hour we still prefer a sell on rallies in this phase.

GBP/USD Bias is neutral in the short term. Overall the price remains in a bearish phase after penetrating the down channel bullish on chart 1 hour around 1.6190, indicating a potential bearish correction especially if prices can go back down through the test area 1.6100 1.6150 – 1.6070. To move up, we need a break and daily closing level above 1.6260 to continue a bullish scenario test 1.6300.

USD/JPY Bias still neutral in the short run seitdaknya test support at key areas 79.65, break down those areas could trigger further bearish momentum towards 79.15 area in the short term. To move up, break the daily closure of consistant and level above 80.30 can trigger a bullish correction phase megnuji 80.65 area, or even higher. We still prefer strategy buy on dips in this phase are expecting bullish reversal after the continuation of low record reflected

XAU/LOCO Biased neutral term, as shown on the 4 hour chart, gold seems unable to survive in the top area of 1645, it takes constant movement over the area to trigger advanced bullish momentum toward the area of the 1655 as MA200. Nearby there are in the area Support 1632, break down these areas can turn into a bearish bias towards areas of 1625 in the short term.

INDEX Prices are moving HANGSENG back into channel bearish on graifk 4 hours, indicating a bearish bias in the short term, especially if the price can penetrate down towards 20880 20670 area area or even area 20410. Nearby there is still on resistant 21085, only to break up these areas that can end the bearish bias.

The NIKKEI INDEX from the perspective of daily price has penetrated down MA100 which indicates a bearish bias towards areas 8910. In the meantime we should be vigilant as the stochastic is oversold conditions which can trigger a bullish correction back to test the area around MA100 9250.

Market Review of The U.S May 07, 2012

Dollar weakened against the yen in volatile trading Friday after US employment data for April, which gives an overview of the health of the economy. mix

U.s. labor report disappoints aggravate economic sentiment, pushing crude oil for closed below $ 100 per barrel and the stock exchange closed down sharply AS to the negative.

While gold climbed as investors sell crude oil and gold stocks then turns on after reports the US NFP a weak push the attractiveness of gold as an investment given the weakening economy might trigger further monetary easing by the Federal Reserve.

Economic Data today is the minutes of the BoJ meeting, AIG construction index, retail sales, building approvals,, ANZ job advertisements, NAB business confidence from Australia, unemployment rate, foreign currency reserves, the CPI from Switzerland, the sentix investor confidence from the European zone, factory orders from Germany, and consumer credit from the us.

EUR/USD closing 1.3083, high, low, 1.3178 1.3078 XAUUSD C:1642.45, H:1647.25, L:1626.95, CO-S c: 98.59, H: 102.72 L: 97.51. Dow c: 12957, H: 13168, L:12952.

Market Review of The U.S May 02, 2012

Australia Dollar down sharply after the Reserve Bank of Australia cut its interest rates more than expected as much as 50 basis points. Meanwhile the U.S. manufacturing sector reports and Chinese better than expected pushed crude oil and Wall Street's rise, while the high level of the rectified Golden session as the dollar rally after the release of the ISM Manufacturing PMI report.

Accounting Data today was HSBC manufacturing PMI from China, retail sales, SVME PMI from Switzerland, unemployment change from Germany, manufacturing PMI, jobless rate from the European zone, ECOFIN meeting of United Kingdom, construction PMI, ADP non-farm employment change, factory orders, the crude oil inventories from the US, as well as earnings reports from Comcast, Time Warner, UBS, Barrick Gold, Clorox, CVS, Marathon Oil, MasterCard, Dreamworks Animation, Green Mountain Coffee, Sunoco, Transocean, Visa, and Whole Foods.

EUR/USD closing 1.3237, high, low, 1.3283 1.3203 XAUUSD C:1661.70, H:1671.30, L:1657.25, CO-S c: 105.97, H: 106.43 l: 104.39. Dow c: 13218, H: 13284, L:13105.

Market Review of The U.S May 01, 2012

The Euro weakened against the dollar on Monday heading for the worst monthly performance since December, depressed by news that Spain's return to recession and the weakening of the economic momentum in the United States.

The price of gold go up as the improving outlook appeared to add to last week's gains, while oil prices and Wall Street down as data showed a fall in recession Spain back in the first quarter and slowing down business activity in the US Midwest.

Economic Data today is AIG manufacturing index of Australia interest rate decision and the statement of the RBA, manufacturing PMI from China, manufacturing PMI from the United Kingdom, the ISM manufacturing PMI, construction spending in the US, as well as the reports of earnings from BP, Pfizer, Sirius XM Radio, Broadcom, CBS, Chesapeake Energy, and Motorola Mobility.

EUR/USD 1.3266 1.3240 closing, high, low, 1.3206 XAUUSD C:1665.20, H:1665.85, L:1644.95, CO-S c: 104.89, H: 105.16 l: 103.88. Dow C: 13155, H: 13198, L:13119.

U.S Market Review April, 19, 2012

The Euro weakened for a second day on Wednesday as the European zone debt worries culminated the day before Spain bond auction, which is regarded as the last test of the capacity in addressing the financial pressure of Madrid and the budget. Gold is down over the euro depressed by worries about the European zone.

Oil plummeted almost as much as 2% after data showed crude oil supplies down for 4 weeks in a row at the weekend. While U.S. Stock Exchange adds made-up to drop near the level low, closed depressed earnings reports by a number of technology sector is bad and in the middle of the anxiety of the European zone back sticking out.

Economic Data today is the trade balance from Japan, the NAB quarterly business confidence from Australia, 10-year Treasury bond auctions Spain, consumer confidence from the European zone, jobless claims, existing home sales, the Philadelphia manufacturing index, a leading indicator of the u.s., as well as the reports of earnings from BofA, DuPont, Morgan Stanley, Motorola, Travelers, Verizon, Microsoft, AMD, Capital One, and SanDisk.

EUR/USD closing 1.3123, high 1.3140, low 1.3056, C:1640.50, H:1654.20, and XAUUSD L:1638.20, CO-S c: 102.77, H: 112.49 l: 102.19. Dow c: 12957, H: 13049, L:12952.

U.S. Market Review April 18, 2012

The u.s. Dollar and the yen are air-conditioned low-yield weakened on Tuesday, pressured down by improving the global economy that triggered investors to back in a risky commodity currencies higher. Solidnya bond auction results Spain and Germany which improved investor sentiment gives investors the go-ahead to abandon the dollar and yen were impressed. Provide support in the euro against the greenback.

Gold slipped by technical selling action, while crude oil rose to a high level in 2 weeks as Spain reached more than the maximum targets at an auction of bonds and the IMF global growth estimates hiked. The US stock exchange closed near the session high level, assisted by a number of positive earnings reports and meredanya anxiety in Europe.

EUR/USD closing 1.3126, high, low, 1.3172 1.3088 XAUUSD C:1650.20, H:1657.35, L:1634.95, CO-S c: 104.26, H: 105.07 L: 102.66. Dow c: 13024, H: 13070, L:12816.

Technical analysis Trading Online April 12, 2012

EUR/USD outlook no changes to technical, after prices moved sideways without a clear direction and momentum for EURUSD, endure under the area of 1.3145 – 1.3165, short term technical bias is still bearish as part of the outlook is bearish since penetrated down bullish channel last week, but from a wider point of view, the price is still stuck in range area 1.3000-1.3485 in 10 last weekend. To move up, break into area 1.3165 can trigger a bullish correction toward areas resistant 1.3245. For movements down, we need to break down to 1.3000 area support a bearish scenario melanutkan area towards 1.2900.

GBP/USD Bias still neutral in the short term. Prices have been moving sideways since Monday without a clear direction and momentum. The bearish scenario false breakout is still valid but needs to break down strong support in the area of the bearish scenario 1.5770 to continue towards the area of 1.5700. Nearby there are around resistant area 1.5930 which is 50% Fibonacci retracement level, to break back into the area could trigger further bullish pressure to back test area 1.5995.

USD/JPY bullish Bias in wanton short still test area before heading to 81.85, strong in the area of 82.55 resistant, however we need a consistent break up area 81.20 to trigger advanced bullish momentum. To move down, the nearest support is all around area 80.60, break it back down the area can bring prices toward the neutral zone in the short test area 80.00.

XAU/LOCO Bias is neutral in the short term, it would break up the ar ea 1665 to change the bias to be bullish toward the area 1670-1675. While the stochastic overbought bearish correction may also trigger area to 1654.

HANGSENG INDEX as shown in the 4 hour chart, hang send are in a bullish correction phase towards a return to the area before the test area 20395 20530. In kesleuruhan, we still prefer the bearish bias as long as price moves in the channel on the 4 hour chart a bearish, break down 20000 will add pressure bearish toward the area 19740.

The NIKKEI INDEX Nikkei are still in a phase of correction bullish toward the area 8560, break up this area can be a threat to the current bearish outlook to test area 9685. Nearby there are in the area Support p09735, break down these areas right towards area 9270 or even 9160.

U.S. Market Review, April 10, 2012

The Euro strengthened against the dollar and yen on Monday, recovering from a downturn at the beginning of the session over the impact of US labor data disappointing last week faded.

Gold is up and the US stock exchange closed down sharply due to poor US employment data last week increased anxiety about the strength of the economy and gave rise to speculation that the Federal Reserve will probably add to stimulus for us.

Meanwhile oil prices depressed following discussions between Iran and its alliance with the US nuclear program related back underway.

EUR/USD closing 1.3106, high, low, 1.3133 1.3031 XAUUSD C:1641.55, H:1648.70, L:1635.95, CO-S c: 102.15, H: 102.60 L: 100.81. Dow C: 12850, H: 12916, L:12825.

Market Review, April 03, 2012

The Euro began the second quarter in 2012 with a weakening of the dollar and the yen on Monday as weak manufacturing sector data signaled a growing Europe the differences between remote outlook of the US economy with the European zone.

The price of gold goes up, due to the action of technical buying and moving in the range of $ 1,680 per ounce, supported by technical factors and a rise in oil prices and the stock exchange.

Oil rises more than 2% over the data AS positive and delays to cargo load bongkat North Sea oil impact beat disappointing data from Europe.

Wall street began the day first trade in months and this quarter with a slight increase in the manufacturing sector data, after a better than expected from the u.s. and China to help ease the anxiety about a recession in the European zone.

Economic Data today is non-manufacturing PMI from China, retail sales from Australia, Average cash earnings from Japan, interest rate decisions and statements of the RBA, construction PMI from United Kingdom, GDP and the PPI of the European zone, factory orders, the FOMC meeting minutes.

EUR/USD 1.3321, 1.3380 closing high, low, 1.3276 XAUUSD C:1677.15, H:1683.40, L:1663.40, CO-S c: 116.16, H: 105.49 L: 102.06. Dow c: 13189, H: 13229, L:13082.

Market Review, March 28, 2012

Dollar rose against the euro on Tuesday, ending the decline for the past 2 consecutive sessions along with the data from the US stimulus added anxiety by eroding the Federal Reserve. Gold prices stable near high level 2 weekend and the price of oil is relatively flat.

While Wall Street sets on the negative area made-up after traded flat throughout the session as investors took a break after the strong rally in the last session.

Economic Data today is RBA financial stability review, CPI of Germany, current accounts, the GDP of the United Kingdom, durable goods orders, crude oil inventories from the us.

EUR/USD closing 1.3317 1.3385, low, high, 1.3316 XAUUSD C:1681.85, H:1696.95, L:1679.95, CO-S c: 106.76, H: 107.73 L: 106.52. Dow c: 13124, h: 13245, L:13122.

Market Review Asia March 16, 2012

The U.S. dollar index is still showing the strengthening on Friday (18/03). AUD + 0.05%, EUR-0.03%, GBP + 0.12%, NZD, CAD-0.05% + 0.08%, CHF + 0.13% and JPY + 0.30%. Wall St rises 0.18% to 13,241 pts and S & P500 gain 0.06% to 1,401,056.4 pts. WTI up 0.03% to $ 105.51.

Nikkei lock gain after investors took advantage of the shares of exporters. Shipping stocks into shares with the best performance. Olympus shares soar, stocks Goldman Sachs restore profits. While the stock Yamaha dwindled. Indonesia set a minimum down payment for the loan for the vehicle.

The Hong Kong stock is down 0.2%. Anxiety about attenuation property sector still continues. It is precisely the opposite happening on the stock Li & Fung Ltd. and Tencent Holdings Ltd. That precisely indicates the reinforcement.

Technical analysis Trading Online, March 16, 2012

EUR/USD Bias is still bearish in the short term towards 1.3000 area – 1.2970. Nearby there are around resistant area 1.3120, break up the area can bring prices toward the neutral zone in the short term to 1.3150 area – however the correction up 1.3190 currently still normal and we still prefer the bearish scenario in this phase with a strategy of short on rallies as part of a bearish scenario double top. To move up, break and level the daily closing below 1.3000 can trigger a bearish pressure toward 1.2880 area.

GBP/USD bearish Bias in the short term but need a break and level the daily closing below the bearish scenario 1.5650 to continue since the failure to break through to the top of the key areas resistant to 1.5750 1.5550-1.5500 area. Nearby there are around resistant area 1.5700, break up the area can bring prices toward the neutral zone in the short term to 1.5750.

USD/JPY Bias still bullish in the short term oversold condition after we get from slow stochastics, but needed a break to the top area of the 99 to trigger a bullish momentum toward area 85.00-85.50. Nearest Support is around the area measure, break down the area consistent can bring prices toward the neutral zone in the short term but a correction down currently still normal and we still prefer a bullish scenario in this phase.

XAU/LOCO Bias is still bearish toward the area prior to the testing area 1635 1615. The nearest is in the area of resistant 1665, break up this area could trigger a bullish correction towards the area of 1675. Just break up the area that can end the outlook is bearish at the moment.

The refractive INDEX is still bullish over HANGSENG prices remained above the area, heading area 21645 21140 as bullish next target. However, break down area 21140 can trigger a bearish pressure toward area of 21000.

CRUDE OIL/crude OIL Prices continue to move sideways in the falling wedge pattern as shown in the chart the H4. The upper limit of such patterns is now in the lower limit at 106.42 and 103.69. This will be the second level of resistance and support for its movement. This seems to be still sideways Momentum will continue today. And so far, the short-term trend is still bullish with key support at 102.30.

The NIKKEI INDEX Bias still bullish in the short term towards the area prior to the testing area 10200 10250. However, conditions are overbought by stochastic and RSI on the daily chart a bearish correction could trigger area towards 9875. Break down these areas could trigger further bearish correction to 9700 or even area 9585.

Market Review, March 16, 2012

Dollar plummeted on Thursday, with investors who choose to do the profit-taking, especially against the yen, which has touched a high level post reinforcement of almost 11 months for 6 weeks in a row.

Gold successfully recovered from the decline of nearly 2% on the previous session while oil prices almost flat after the White House denied reports that the US and the UK have committed to stuju oil reserves.

Standard & poor's 500 index broke through the level of 1,400 for the first time in nearly four years as the u.s. Stock Exchange continues to move consistently rising.

Economic Data today is the minutes of the BoJ meeting, the trade balance from the European zone, CPI, capacity utilization rate, industrial production, the University of Michigan consumer sentiment from the United States.

EUR/USD closing 1.3082, high, low, 1.3119 1.3002 XAUUSD C:1657.10, H:1666.55, L:1636.50, CO-S c: 105.41, H: 106.18 l: 103.78. Dow C: 13172, H: 13188, L:13098.

Technical analysis Trading March 12, 2012

EUR/USD Bias is still bearish in the short term as the bearish scenario double top still strong test area 1.3105, break and level the daily closure under the area could trigger further bearish pressure towards the key support at 1.3050 area. Nearby there are around resistant area 1.3175-1.3200, break back to top the area can bring prices toward the neutral zone in the short term return test area 1.3315.

Overall the GBP/USD price is still trapped in the area range between 1.6000 – 1.5640 in 5 last weekend and needed a break to one side to see a clearer direction. Nearest Support around 1.5705 area, break down the area can bring prices toward the neutral zone in the short-term test key support area 1.5640. To move up, we need a consistent break up 1.5805 to trigger advanced bullish momentum in the short term to test 1.5880.

AUD/USD Bias is bullish in the short term, especially after the slow stochastic intersect up oversold area on the graph 1 hour but requires break up 1.0630 to trigger a bullish momentum toward 1.0715 area before heading to 1.0820 area. Nearest Support around the 1.0525 area, break and level the daily closure under the area can return a bearish mode enabled and provide opportunities for the bearish reversal scenario at least to support strong on area 1.0475.

XAU/Gold are in-phase LOCO koeksi bullish as indicated by the stochcastic on the daily chart and after the price reflected the MA200 days. The correction will be heading for the nearest before 1720 as resistant went on to test area of 1735. Nearby there are in the area Support 1700, break down these areas can bring gold down to re examine the area of 1675.

OIS/Crude Oil And crude oil this morning are still moving in a rising channel on intraday charts, with an upper limit on 108.40 lower limit and channel the 106.53. This indicates that so far the price of crude oil is still likely to rise. However, if viewed at time frame as on the larger H4 chart, crude oil prices remained in a consolidation phase with a range of 104.35 and 110.50. Short-term trend thus far is still bullish over the zone support 104.35 survives.

INDEX still bullish Bias HANGSENG in the short term, the constant movement will bring upward 21100 hang seng rose to test area 21260. However, the oversold stochastic on the 4 hour chart a bearish correction could trigger the return to the area of 20820 in the short term.

The NIKKEI INDEX was still bullish Bias, especially if prices can break up into the area of 10000 toward 10170 area. Failure to break through to the top could trigger a bearish correction 10170 after stochastic on the daily chart enters the overbought area, returning to the area of 10000 or even area support at 9875.

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