Wednesday, 19 February 2014

Forex Knowledge 19 FEB 2014 currency Report.

Forex Knowledge 19 FEB 2014 currency Report.

The Dow (16130.40-0.15) in the vicinity of resistance in the 16100-200 the uptrend intact. It is possible the reaction at the current level until the 16,200-240 has been removed.
The Nikkei (0.68%) have achieved a goal, 14742.36-14,700 14,900 and rallied the old resistance area, which it may extend to the 15100-200 largest now. Soft reset below 14200.
Shanghai (2120.11, + 0.05%) is struggling to close our resistance to 2120-30 above that can rally towards 2165-85. The bears may attempt to once again push the 2120-30.
Dax (9659.78, + 0.03%) has been steadily gaining on a higher level and keep the uptrend intact, can be up to 9800-900 next.
Nifty (0.89%) have achieved our goal of 6127.10, + second, 6140 and close near the highs. Although this vulnerability does not appear in the current rally, yet the lack of drive and there are several overhead resistances 6140 6190, paragraph 50 of the band to keep the bulls in danger.
COMMODITIES
Oil markets shot up fuel demand has grown in the US and the lists decreased Cushing and Oklahoma when we see a break in the precious metals now.
Gold (1318.5) is from 1332 on the level and was trading slightly lower. Just above the 1325, we can expect new growth opportunities to fall towards the other 1400 1350-1295 cannot do blank.
Silver (21.761) is interrupted after the recent sharp rise and may be stable for a few times. The above can be applied 23.12, 23. All in all it is a short-term uptrend.
Copper (3.2840) remains stable. Please note that it is testing the resistance on a daily basis, and if this is a must see a little downward movement before again growing towards the 3.30-3.35.
Brent (110.19), and Nymex WTI (101.76) saw a sharp inside the short-term uptrend and may be the target of 111 and 103-104 No. 1682/2004 in the coming weeks. However, there may be a moment before continuing its upward rally.
THE CURRENCIES OF THE
The dollar index (79.98) lack of strength was mentioned repeatedly and it has dropped 79.95. It was just our resistance to 80.25-30 range, which is broken up by the character, strength, or otherwise it can move towards peaking 79,60-70.
EUR (1.3764) managed to break over a high resistance 1.3750, which it can rally quickly towards the 1.3850-1.39. Bullish momentum will remain unchanged as long as it stays over the 1.37-1.3750.
Dollar-yen (102.26) gave a sudden spike up again before weakening and to get to 169.51 warned. Medium term downtrend force rally may face supply pressure is an old resistance area 103.50 us. A break below the pace of returns to fall to 143.04.
Euro-yen (140.70) 140.40 to cross broke above 141 so far. It will be able to achieve our goal to keep up with more than 142 and 143 142.98 173.27 even is possible. It has recovered a significant monthly trendline support 136.20 produces a sharp rally.
Pound (1.6682) is signaled for the next phase of a major uptrend has started again and now it is a small correction after reaching the first objective 1.6750. It can reach the 1.69-1.7050 while the current correction is complete. 1.6470-80 until the Bills can buy into.
Aussie (0.9005) is close to our great resistance to 0.91 in accordance with the levels we are again bouncing 0.8925 positive bias, but the strength is suspect until the 0.91 has broken down before. Below, you can get to 0.8830 0.8925 0.89 0.8730.
Dollar-rupee (60.64) closed. The rallies will take much less time compared to the drops, which were to begin to understand the power of rising above 60.83 and then 62.50 undertone. Until the breakout above the 60.83 occurs gradually drop towards the 62 still in the cards.
INTEREST RATES
Interest rates have been falling worldwide.
US10Yr (2.71%) and UK10Yr (2.74%) have come down to just below the resistors near the 2.75% and 2.80% respectively. German 10 Yr (1.67%) dipped a little bit, but not stable now. We see that the yield curve is getting steeper in all three countries is 10-5 in a year in the United States, Germany (1.23%), differential (1.0122%) and the UK (1.10%) indicates a rise. We look forward to the 10 yr yields to rise.
Japan 10 Yr (0.60%) remained unchanged FROM the BOJ monetary policy decision today. We may see it target support close 0.53-0.55%. The United States and Japan, 10 Yr spread (2.10%) is stable, and the target of 2.20%.

India's 10 Yr India (8.77%) weakened the rupee weakened 60.64. We look forward to the 10 Yr to maintain different 8.75 8.85%-% now.






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