Forex Knowledge 17 FEB 2014 currency Report.
The Dow (16154.39, + 0.79%) are testing the resistance area 16100-200. Contrary to all expectations, will continue its uptrend. Yet the 16,200-240 area may produce a reaction, even though it's set higher targets in the coming days.
The Nikkei (14396.56, + 0.58%) and confirmed in the bear market, may try to bounce the 14,700 if it succeeds in sustaining 14200. 315 Elden Street in the autumn to extend below the 14200 14000 and.
Shanghai (+ 0.15%), struggling with a near 2119.15 our resistance to 2120-30 above that can rally towards 2165-85. The bears may attempt to once again push the 2120-30.
Dax (9662.40, + 0.68%) gathered at the 9650 and beyond established uptrend but there is a fair chance that the bears may try to come back here When 9620-50.
Nifty (6048.35, + 0.79%) opened higher to make a new low later but on a sustainable basis. It can test the 6,100-10 area and even to reach the next major area of 50 points in the trans-6140-90 this week, where the bears will be able to return. The broader 6150 6350 is now operational.
COMMODITIES
Precious metal stretch its rally in the oil markets are still varied.
Gold (1326.636) continues to climb upward, stretching its rally toward 1350-1400, in the coming weeks, but the silver (21.793) shot at a high level, and twenty-three in the near future, the crossing of 21.5. Gold-Silver ratio (60.77) fell sharply relative to gold shot up the silver. It may come down a little bit towards 57.70.
Copper (3.2805) rose to 3.32 but fell from there and is currently trading at less than $ 3.30. It is on the uptrend since the fifth Feb14 and may target the 3.35 3.30 Above in the near future.
Brent (109.01) were extensive 109.85 109.85 above 107.6 regions and would take it to higher levels of 96.27 64.67, and even in the long term.
Nymex WTI (99.69) is still ranged from a large business. Can remain within the wide ranged between 99-101.5 sometime before the big move. All in all it is a short-term uptrend.
THE CURRENCIES OF THE
The dollar index (80.03) lack of strength was mentioned repeatedly and it has dropped 79.95. All attempts to rally the bulls must be kept this low or otherwise it can move towards peaking 79,60-70.
EUR (1.3711) managed to break above 1.3690 get closer to 1.3750, which it can rally quickly towards 1.38-1.39 but at this stage the strength looks a little suspect to great opposition. Break and maintain above 1.3750 could continue to rally it prior to 1.36.
Dollar-yen (101.62) has become smaller, as expected, but the pace is not. However, remain under the 101.60-102 can be smaller but keep an eye out for sudden seeks to prevent.
Euro-yen (139.30), the cross is the next item 140,35-40 and now it is, and remains, 140.40 to rise closer to 142. Otherwise it can fix 138 before more rally. It has recovered a significant monthly trendline support 136.20 break above 136 blank as soon as this fall.
Pound (1.6801) is signaled for the next phase of a major uptrend has started and now it has reached our first target 1.6750. It can reach the 1.69-1.7050 next. -the 1.6460-10 bills can buy into.
Aussie (0.9054) is close to our great resistance to 0.91 in accordance with the levels we are again bouncing 0.8925 but the strength remains suspect. Below, you can get to 0.8830 0.8925 0.89 0.8730.
Dollar-rupee (61.93) can open flat to negative, close to 60.21-90 today. We follow the main support area-80 61.70 produce anything at the risk of the State in the fall and bounce from oversold 61.50 85.87 can be realized.
INTEREST RATES
US 10 Yr (2.74%) remained unchanged and is trading a little below resistance at its current level. Pointing to the rise of the 10-5 Yr-difference (1.22%), we can expect a 10 v outputs go to 3.00%, if it can move past the resistance.
German 10 Yr (1.68%) remained stable and trading above the support at current levels. 10-5 Yr yield difference (1.0064) is also above the 0.99 1.00% of the support. The German and US 10 Yr difference (-1.07%) has fallen to near support-1.10%. UK 10 Yr (2.79%) remained unchanged at the current level of the resistance and established a 10-5 Yr difference (1.09%) is postponed to a resistance to 1.13% refers to the decline of 10 v outputs. Therefore, it is not to break the resistance of the above, we may see a 10 Yr falls to 2.60%.
Japan 10 Yr (0.58%) remained stable, and to target support to close 0.50-0.52%. The United States and Japan, 10 Yr spread (2.16%) is close to 2.14% support and allocate the 2.20%.
India's 10 Yr yield (8,81%) decreased in India when, on the basis of the information came from 5.05 percent in WPI on Friday. We look forward to the 10 Yr to maintain different 8.75 8.85%-% now.
The Dow (16154.39, + 0.79%) are testing the resistance area 16100-200. Contrary to all expectations, will continue its uptrend. Yet the 16,200-240 area may produce a reaction, even though it's set higher targets in the coming days.
The Nikkei (14396.56, + 0.58%) and confirmed in the bear market, may try to bounce the 14,700 if it succeeds in sustaining 14200. 315 Elden Street in the autumn to extend below the 14200 14000 and.
Shanghai (+ 0.15%), struggling with a near 2119.15 our resistance to 2120-30 above that can rally towards 2165-85. The bears may attempt to once again push the 2120-30.
Dax (9662.40, + 0.68%) gathered at the 9650 and beyond established uptrend but there is a fair chance that the bears may try to come back here When 9620-50.
Nifty (6048.35, + 0.79%) opened higher to make a new low later but on a sustainable basis. It can test the 6,100-10 area and even to reach the next major area of 50 points in the trans-6140-90 this week, where the bears will be able to return. The broader 6150 6350 is now operational.
COMMODITIES
Precious metal stretch its rally in the oil markets are still varied.
Gold (1326.636) continues to climb upward, stretching its rally toward 1350-1400, in the coming weeks, but the silver (21.793) shot at a high level, and twenty-three in the near future, the crossing of 21.5. Gold-Silver ratio (60.77) fell sharply relative to gold shot up the silver. It may come down a little bit towards 57.70.
Copper (3.2805) rose to 3.32 but fell from there and is currently trading at less than $ 3.30. It is on the uptrend since the fifth Feb14 and may target the 3.35 3.30 Above in the near future.
Brent (109.01) were extensive 109.85 109.85 above 107.6 regions and would take it to higher levels of 96.27 64.67, and even in the long term.
Nymex WTI (99.69) is still ranged from a large business. Can remain within the wide ranged between 99-101.5 sometime before the big move. All in all it is a short-term uptrend.
THE CURRENCIES OF THE
The dollar index (80.03) lack of strength was mentioned repeatedly and it has dropped 79.95. All attempts to rally the bulls must be kept this low or otherwise it can move towards peaking 79,60-70.
EUR (1.3711) managed to break above 1.3690 get closer to 1.3750, which it can rally quickly towards 1.38-1.39 but at this stage the strength looks a little suspect to great opposition. Break and maintain above 1.3750 could continue to rally it prior to 1.36.
Dollar-yen (101.62) has become smaller, as expected, but the pace is not. However, remain under the 101.60-102 can be smaller but keep an eye out for sudden seeks to prevent.
Euro-yen (139.30), the cross is the next item 140,35-40 and now it is, and remains, 140.40 to rise closer to 142. Otherwise it can fix 138 before more rally. It has recovered a significant monthly trendline support 136.20 break above 136 blank as soon as this fall.
Pound (1.6801) is signaled for the next phase of a major uptrend has started and now it has reached our first target 1.6750. It can reach the 1.69-1.7050 next. -the 1.6460-10 bills can buy into.
Aussie (0.9054) is close to our great resistance to 0.91 in accordance with the levels we are again bouncing 0.8925 but the strength remains suspect. Below, you can get to 0.8830 0.8925 0.89 0.8730.
Dollar-rupee (61.93) can open flat to negative, close to 60.21-90 today. We follow the main support area-80 61.70 produce anything at the risk of the State in the fall and bounce from oversold 61.50 85.87 can be realized.
INTEREST RATES
US 10 Yr (2.74%) remained unchanged and is trading a little below resistance at its current level. Pointing to the rise of the 10-5 Yr-difference (1.22%), we can expect a 10 v outputs go to 3.00%, if it can move past the resistance.
German 10 Yr (1.68%) remained stable and trading above the support at current levels. 10-5 Yr yield difference (1.0064) is also above the 0.99 1.00% of the support. The German and US 10 Yr difference (-1.07%) has fallen to near support-1.10%. UK 10 Yr (2.79%) remained unchanged at the current level of the resistance and established a 10-5 Yr difference (1.09%) is postponed to a resistance to 1.13% refers to the decline of 10 v outputs. Therefore, it is not to break the resistance of the above, we may see a 10 Yr falls to 2.60%.
Japan 10 Yr (0.58%) remained stable, and to target support to close 0.50-0.52%. The United States and Japan, 10 Yr spread (2.16%) is close to 2.14% support and allocate the 2.20%.
India's 10 Yr yield (8,81%) decreased in India when, on the basis of the information came from 5.05 percent in WPI on Friday. We look forward to the 10 Yr to maintain different 8.75 8.85%-% now.
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