Wednesday, 26 February 2014

Forex Knowledge 26 FEB 2014 currency Report.

Forex Knowledge 26 FEB 2014 currency Report.






The Dow (16179.66, 0.17%) has spent the last session to consolidate in a narrow and may well continue to grow toward the 16400. The Nikkei (15027.86,-0.16%) has also seen a very good increase, but may face resistance in the channel of the 15100-200 in the area. Shanghai (2027.31,-0.34%) trying to find support for the 2020-2050 below 15 after breaking out of our contrary to expectations. A strong bearish momentum might take it in 1985, now if the 2015 is not protected.
Dax (9699.35, 0.10%) 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 (6200.05, + 0.23%) has got a bit though to keep the uptrend intact. It has become a 6190 6265-and the price action in the 6230-40 levels in the gap area and then the 6265 is assessed before taking a firm position in the medium term. The weakness can be set under the support of 6150-30.
COMMODITIES
Gold (1339.53) continues to be the subject of its rally in the coming weeks, when silver 1350-1400 (21.65) also headed up 22.5 to 23 but less momentum, which is marked by the Gold-Silver ratio (61.266). The relationship will grow in the next few weeks, targeting a 62.
Copper (3.2580) has risen a little bit, but everything that has ranged from nearly 3.25 levels. Big business is expected to now.
Brent (103.06) has come to a close and we may see some 110.8 ranged moves. Even though it is part of the support near the 108, it can recover in the longer term, again targeting 111 112.5. Need to watch a crucial 108 ceilings further direction.
Nymex WTI (101.87) is trading lower after the fall yesterday but varied. Drops below 101 would push prices up sharply towards the 99 and 98.5 98.0. You need to check if your near the 101 and 104 on the long term, helps to recover from towards. Gold-WTI in the relationship (13.1422) will grow and may target the 13.5-14, in the coming weeks, which could refer to the invoice, or ranged from the movement, even if gold continues to rise the WTI.
THE CURRENCIES OF THE
Just like the stock market, major currency pairs showing actions of a mute too almost unchanged.
The dollar index (80.44) 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 (1.3742) is stuck in the hints and 1.3685 1.775 mixed can be inside a little bit of time before the outbreak of 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 (117.66) is to strengthen the area of 101.75 102.75. Holding 99.17-70, it may try to rally in the short term, the intermediate 103.50 US-104 the downtrend remains. A break below the pace of returns to fall to 99.17 143.04.
Euro-Yen Cross (140.70), 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 (1.6676) is a small correction in an uptrend now, 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 (0.8992) is a broad area of 0.91 0.89, and only this can give the breakout trends move in a clear direction.
Dollar-rupee (61.94) was very narrow. It will maintain a support area 47-70 to keep the possibility of a rally 62,40 alive. This is the second consecutive day of opening and closing very close which means a lot of hesitation and indecision on the downside.
INTEREST RATES
Yields have been falling worldwide.
US 10 Yr (2.71%) is starting to come out of the resistance in the region is the 2.73-2, 75 percent of the yield on the 10-5 Yr difference. (1.19%) is starting to fall. We can now see the 10 Yr consolidating sideways in the region and the objective of support almost 2.50%.
German 10 Yr (1.64%) is down 1.63% of the aid for trade area is 1.64%. Moving sideways across 1.65% 1.70% from the beginning of the month, it will now bounce test resistance around 2.00%. Germany and the United States (-0.21%) 2 Yr spread is a little 10 Yr spread (1.03%) is also on the up, but it still target support for the almost-1.12%.
Japan 10 Yr (0.57%) is on the way to our goal to support close 0.53-0.55% of which can be seen on the bounce is 0.60%. The United States and Japan, 10 Yr spread (2.12%) is also a, but it will still target the growing support almost 2.05% 2.20%.

India's 10 Yr India produces (8.87%) ranged from 9% down to between 8.75 8.85 per cent expect it to rise more than., 9.00%.

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