|
|
2012-01-10 07:30 GMT
Major currency pair and Commodity currency pairs analysis
The euro appreciated 0.4 percent to $1.2770. The euro strengthened 0.3 percent to 98.15 yen, rebounding from the lowest level since December 2000. The Swiss franc strengthened against 13 of its 16 major counterparts, gaining 0.6 percent versus the dollar.
The USD/JPY ended lower for a second consecutive session on Monday, having ended with a loss of 0.23% on the day at 76.81, down from 76.99 of last Friday.
GBP/JPY trading close to last week’s closing price, around 118.75, Monday saw the pair extend its slide to fresh 3-month lows.
The Canadian currency, nicknamed the loonie, advanced 0.5 percent to C$1.0235 per U.S. dollar at 5 p.m. Toronto time having weakened by up to 0.3 percent earlier. One Canadian dollar buys 97.70 U.S. cents.
The Aussie is showing upside strength versus the U.S. dollar early in the Asian session recovering from fresh 2-week lows below 1.0150 on Monday, currently printing at 1.0250 from an earlier session low of 1.0226.
Read More
|
|
2012-01-10 04:05 GMT
China - Trade Balance (Dec)
2012-01-10 08:00 GMT
Denmark - Retail Sales (YoY) (Nov)
2012-01-10 08:30 GMT
Sweden - Industrial Production (YoY) (Nov)
2012-01-10 09:00 GMT
Norway - Producer Price Index (YoY) (Dec)
|
2012-01-10 03:45 GMT
Aussie and Kiwi rally in risk-on Asia
2012-01-10 03:03 GMT
China Dec Trade Balance 16.5B
2012-01-10 00:04 GMT
UK - RICS Housing Price Balance -16 in Dec
2012-01-10 00:02 GMT
UK - Dec BRC Retail Sales Monitor - All (YoY) 2.2%
|
|
AUDUSD
|
1.03076 / 084 |
0.0069 |
0.67% |
|
NZDUSD
|
0.79306 / 322 |
0.0062 |
0.78% |
|
USDCHF
|
0.94795 / 807 |
-0.0015 |
-0.16% |
|
USDCAD
|
1.01932 / 944 |
-0.004 |
-0.39% |
|
GBPJPY
|
118.867 / 880 |
0.09 |
0.08% |
|
EURCHF
|
1.21234 / 248 |
0.0002 |
0.02% |
|
GOLD
|
1620.62 / .06 |
10.64 |
0.66% |
|
SILVER
|
29.21 / .24 |
0.22 |
0.76% |
|
|
|
EURUSD 1.27881 / 1.27887
|
|
High: 1.27967 | Low: 1.27594 | Chg: 0.0023 0.18%
|
|
|
|
SUMMARY
|
TREND
up trend
|
MA10
Bullish
|
MA20
bullish
|
STOCHASTIC
neutral
|
|
|
|
MARKET ANALYSIS - Intraday Analysis
After EURUSD formed a bottom at 1.26666 (S2) a strong support for the bulls, it seems that now is heading for an upward correction towards our second resistance 1.2897 (R2). A proper confirmation of this scenario will take place if the price manages to break above 1.2814 (R1). On the downside, if price falls back below 1.2719 (S1), we can expect the price to retest 1.2666 (S2) at a strong psychological level. A break below that level, then we will start focusing at the next support level 1.2597 (S3).
-
|
GBPUSD 1.54711 / 1.54721
|
|
High: 1.54849 | Low: 1.54444 | Chg: 0.0012 0.08%
|
|
|
|
SUMMARY
|
TREND
up trend
|
MA10
Bullish
|
MA20
bullish
|
STOCHASTIC
overbought
|
|
|
|
MARKET ANALYSIS - Intraday Analysis
The GBPUSD moved upwards and closed above yesterday’s resistance 1.5469 and now is moving towards 1.5525 (R1). A break above that level suggests further rise towards 1.5579 (R2) and then 1.5630 (R3). In the other hand, if the price manages to hold below the first resistance level 1.5525 (R1) we can expect retest of 1.5422 (S1) and a break below that level, expecting the price to retest 1.5395 (S2) and 1.5364 (S3) which is a strong technical and psychological support for the bulls.
-
|
USDJPY 76.832 / 76.836
|
|
High: 76.904 | Low: 76.775 | Chg: 0.001 0%
|
|
|
|
SUMMARY
Down
|
TREND
down trend
|
MA10
bearish
|
MA20
Bearish
|
STOCHASTIC
neutral
|
|
|
|
MARKET ANALYSIS - Intraday Analysis
USDJPY after price formed a bottom at 76.76 yesterday’s support level, price continued in sideways move between that level and 76.95. A break above 76.95 could trigger further bullish moves towards 77.33 (R2). On the downside, if price breaks below 76.60 (S1), will confirm our short positions targeting 76.04 (S2). A stop loss should be placed above 76.95 (R1).
-
|
|
MARKET INFORMATION AND OPINIONS: Any information provided by FXCC
on this newsletter, including but not limited to news, research, opinions, analyses
and prices, is provided as commentary on the Forex market generally -- in other
words, it is not, and should not be considered as, investment advice. Consequently,
FXCC shall not be liable for any loss or damage, including but not limited to loss
of profits, which arises directly or indirectly from reliance upon or use of information
contained on this newsletter.
RISK WARNING: Trading in Forex and Contracts for Difference (CFDs) is highly speculative
and involves substantial risk of loss. It is possible to lose all your capital.
Forex and CFDs may not be suitable for all investors. Only invest with money you
can afford to lose. Please ensure you fully understand the risks involved before
investing. Seek independent advice if necessary.
|
|