Saturday, March 13, 2010

Today analysts' forecasts for the pair EUR / USD - up for auction in Rendžov: 1.4675-1.4840

Monday, October 12, 2009, 15:27
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Today - a day off in Japan, Canada and the United States. Consequently, the financial markets in Japan and Canada will be closed. In the United States will not work the bond market.

Last Friday, the euro /dollar at the American session down to the level of 1.46718. Rate pound /dollar by the end of trading has fallen to a mark 1.5821. Pair dollar /yen rose to a mark of 89.87. Cross the euro /yen grew to the level of 132.20. Course dollar /Canadian dollar fell today to the level of 1.0409, the minimum in September 2008.

The experts noted that support for the U.S. dollar has a statement of thehead Fedrezerva U.S. Mr. Bernanke that the Fed is ready to take measures to tighten monetary policy if the recovery process by the country's economy will be stable. He said that in addition to supporting the economy should also be monitored and the level of inflation.

supported the Canadian dollar have emerged unexpectedly good data, which show an increase in the number of jobs and reduce unemployment in Canada.

Last Friday, the Dow Jones New York Stock Exchange rose 43.83 points (0.45%). The Nasdaq rose 8.50 points (0.40%). SP 500 index rose to 2.41 points (0.23%).

Last Friday, the index of the Frankfurt Stock Exchange Xetra DAX fell 10.05 points (-0.18%). Index of the London Stock Exchange FTSE 100 fell 6.88 points (-0.13%).

Last Friday the price of gold fell to a mark of 1043.50 dollars per ounce.

International trade in the U.S. for August 2009 in billions of dollars amounted to -30.7 (-32.9 prognosis was, the previous value revised to -32.0 to -31.9).

Today in Asia remained the main driver of the market the Japanese yen, which is significantly correlated with the dynamics of the stock market. It Nikkei 225 index rising to 183.92 points (1.87%). Index of the Hong Kong Stock Exchange, Hang Seng falls to 20.07 points (-0.09%). Singapore Straits Times index strengthened to 17.61 points (0.66%). Code SP /ASX 200 fell to 13.10 points (-0.28%).

Today in Asia pair dollar /yen rose to the level of 90.20. The euro /dollar fell to 1.4675 marks. Rate pound /dollar continued its decline to a mark 1.5810.

start of the European session, failed to make the adjustment in the dynamics of the currency market. Forex market closely followed the dynamics of the stock market, and for overlooking the macroeconomic statistics.

Today, investor attention will be directed to the dynamics of stock and commodity markets and published macro-economic statistics. Investors are awaiting publication of financial statements of U.S. companies for the third quarter.

My tactical views:

EUR /USD: (5 /10 - trend upwards): Today analysts' forecasts - up for auction in Rendžov: 1.4675-1.4840. Today, expect short-term market correction up. Therefore we can trade on short-term impulse buying below the 1.4675, T /R = 1.4800, S /L = 1.4640. Positional traders are once again beginning to build up shorts with daytime highs. Actively move the foot, fixing the profit.

GBP /USD (5 /10 - Trend Neutral): For short-term players better be on sale. Actively move the foot, fixing the profit.

USD /CHF (5 /10 - a trend sideways): Today is better to be buying. Actively move the foot behind the market, protecting profits.

USD /JPY: (5 /10 trend sideways): Today, trading inside the corridor 89.20-90.50: better to be a small purchase with a full-time lows. Actively move the foot behind the market, protecting profits.

Activity of investors throughout the day, given the lack of important data makrostatistiki, promises to be low
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