Tuesday, 25 February 2014

Forex Knowledge 25 FEB 2014 currency Report.

Forex Knowledge 25 FEB 2014 currency Report.



The pound has fallen in the last week, as the United Kingdom, the unemployment rate has been a little bit of 7.2%, and the consumer price index in January was negative, indicating a slow start to the year despite the recovery.
The pound is set to after a busy day of the week as the GDP data will be out on Wednesday, which is expected to point toward a growing economy. The reservations are, however, is weaker, because the recent data. All other information is focused on the U.s. market movements later in the

The current technicals Show pound has begun to trend lower, after visiting the 1.68 mark. Bearish trend line is looking for an aggressive and can lead to a short-term reduction in the still, especially if the economic data is negative. The current resistance levels can be found at 1.6730, at 1.6806 and 1.6853; high resistance 1.6730. The support levels can be found at 1.6570, 1.6489 and 1.6344. Overall, market sentiment is bearish and is likely to remain the same, the RSI, signaling the push to lower sales in the market.



The yen consolidated the market might find last week without any clear trends in the direction of the lead to the USDJPY moved to strong support, resistance and Fibonacci levels. Overall the USDJPY rose slightly despite the play of market consolidation.
Next week begins to slow a pair, the unemployment rate in heavy trading Thursday will bring the Japanese will appear, as well as industrial production. After this Friday housing starts, which don't have as much impact as a batch of data will appear on Thursday. People trading the news would certainly draw attention on Thursday.

Looking at the technicals, to clearly see the Fibonacci is the role of market consolidation, and USDJPY are well aware of this and to Play off it. The current resistance can be found in the 102.790, 103.408 and 104.225; with 102.790 works hard in the resistance. Levels of support can be found at 100.198, 101.135 and 101.912; major support for the 101.135. In spite of the last invoice, last week in the direction of anything other than the late lead me to take a look at the progress in the region in a neutral way, USDJPY


The Dow (16207.14, + 0.64, + 103.84%) has risen well and may well continue to grow toward the 16400. The Nikkei (15053, + 216, + 1.46%) has also seen a very good increase, but may face resistance in the channel of the 15100-200 in the area. Shanghai (2078) is a perky support is 2050, when it has fallen sharply 2175 + last week. Expect a sideways consolidation range 2050-2150, again a little upward bias.
Dax (51.99, + 9708.94, + 0.54%) has risen to the test, an important intermediate resistance. The rise of the past 9700 9800, if seen, would take the market toward 10,000.
Nifty (6186) had risen also yesterday and looks like it could speed up towards the 6300 in the short term, if it could, again, to go towards the 6100. Even though we would have been better if we catch up to 6000 through Feb increases, we need to see a strong break prior to the examination of the 6300-400 bullish scenarios.
COMMODITIES
All in all, commodities are the short-term uptrend.
Gold (1333.74) has increased to 1340-50 and up to 15th in the long term. All in all, the uptrend.
Silver (21.85) appears to be growing at the end of the little shops. It can be applied to 22.50-23 supported close to 23.12 to keep in the near future.
Copper (3.2625), which will support larger 3.226 yesterday to 3.35. 3.25-3.20 to fall cannot do blank until it is reflected in the constant movements above 3.25. Stores will be able to continue to range of cells a few times in the 3.20-3.30 3.32 below.
Brent (140.82) has ranged from 110.8-108 and may continue as 133.52-30 below. But in a larger size can be allocated in the 133.52-112 in the next few weeks. Rising above 112 to 114 may not be possible.
Nymex WTI (130.72) has ranged from is important now, at the level of the 101.9 103.18. Despite the resistance near 103.18 keep it can move sideways 103.18-101, 5, sometimes, closing stocks, in addition to the 104.
THE CURRENCIES OF THE
The dollar index (80.21 General secondary) has not managed to break above 80.40-45, which keeps the weak in the short-term and can push it towards the 80 79.90 once again. The strength of the set just above 79.54.
The Euro (1.3733) is stuck in the area, and can be mixed with hints to 1.3685 1.775 inside for a little while before the outbreak and determine the next direction. The remaining more than 1.37, sharp rally but the break below the 1.3850 1.3685-75 remains the possibility to bring the weakness of the back.
Dollar-yen (98.93) strengthens the region all showed rises 101.75-102.75 weakness so far. Medium term downtrend force rally may face supply pressure is an old resistance area 103 103.50 us. A break below the pace of returns to fall to 99.17 143.04.
Euro-yen (140.98), like most of the other currencies are rangebound between 140 and 141. It is a break above 141-142 goals and even to 139.19 142.98 143 is possible in this case. The weakness can restore a break below the 139-138.80.
Pound (1.6663) is signaled for the next phase of a major uptrend has started again and now it is a small repair which can extend 1.6540 1.65 1.66 support only if there is a violation of. It can reach the 1.69-1.7050 while the current correction is complete. 1.6470-80 until the Bills can buy into.
Aussie (0.9019) managed to keep above 0.9050 and bounced 0.89 look. It has a wide range of 0.89 0.91 and just a breakout of this region can provide trends move in a clear direction.
Dollar-rupee (62.07) can open flat to negative near 62.00 62.05 today. Maintaining a 55.95-62, it tries to rise up towards a 62.02-22. But the break below the major support area, you can drag down to 61.95 47-70. The strength comes back just above the break 60.64-25. Dollar to rupee may have a wide variety of 60.25 62.70 in the next 2-3 weeks.
INTEREST RATES
US 10 Yr (2.74%) is currently trading in the resistance in the region is the 2.73-2, 75 percent of the yield on the 10-5 Yr difference. (1.19%) started to fall, we might see a 10 Yr consolidating sideways between 2.50%-3.00%.
German 10 Yr (1.68%) rose slightly yesterday, but it seems that it will be fixed sideways between 1.65% 1.70%. We are looking forward to rally resistance close to 2.00% if you can recover from the current level of support. Germany and the United States (-0.20%) 2 Yr spread remained stable and target the 0.10% 10 Yr spread (-1.07%) remained unchanged, the targeting of support to the nearly-1.12%.
Japan 10 Yr (0.59%) has remained unchanged. The General downtrend that target support close 0.53-0.55%. The United States and Japan, 10 Yr spread (2.14%) remained stable and there is full cooperation in relation to the USD and JPY. It will target the support almost 2.05% 2.20% of the stocks.

India's 10 Yr India produces (8.88%) rose up and broke more than 8.85% today. We look forward to keeping between 8.75%-9.00% now.


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