2012-02-10 07:30 GMT
The 17-nation euro heads for its biggest 5 day advance versus the yen in over 17 weeks.
The euro was at $1.3276 as of 9:40 a.m. in Tokyo from $1.3286 in New York yesterday, when it reached $1.3322, the highest level since Dec. 12. It fetched 103.14 yen from 103.19. It climbed to as high as 103.29 yen yesterday, the strongest level since Dec. 12.
Japan’s currency was little changed at 77.70 per dollar after earlier sliding to as low as 77.75, the weakest level since Jan. 26. The so-called Aussie lost 0.3 percent to $1.0754 and retreated 0.2 percent to 83.57 yen.
The euro is set to rise 0.9 percent against the dollar this week. The shared currency is poised for a 2.4 percent gain versus the yen, the biggest since the week through Oct. 14.
The GBP/USD upwards movement from 1.5790 was capped at 1.5882 with the pair falling around 65 pips to arrest at a support level at 1.5815.
AUD/USD slides through 1.0750, there appears to bd strong selling pressure on the pair, priced at 1.0736 at circa 2:30 am GMT.
NZD/USD appears to be rangebound just below 0.8400, off its 2012 highs. From the January 6th low at 0.7772, the pair moved upward 633 pips to reach the Feb 8th high of 0.8405.
USD/CAD fell to 0.9924 during the New York session, weakening risk appetite helped the Greenback to trim losses, the USD/CAD rising back to the 0.9950 region.
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2012-02-10 07:00 GMT
Germany
Consumer Price Index (YoY) (Jan)
2012-02-10 08:15 GMT
Switzerland
Consumer Price Index (MoM) (Jan)
2012-02-10 08:15 GMT
Switzerland
Consumer Price Index (YoY) (Jan)
2012-02-10 09:30 GMT
UK -
Producer Price Index - Input (YoY) n.s.a (Jan)
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2012-02-10 05:36 GMT
GBP/USD under pressure ahead of Europe
2012-02-10 04:16 GMT
Aussie weaker vs. majors
2012-02-10 03:05 GMT
China Jan Trade Balance increase to 27.3B
2012-02-10 00:19 GMT
EUR/CAD hits resistance ahead of 1.3250
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AUDUSD
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| 1.06919 / 928 |
| -0.0087 |
-0.81% |
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NZDUSD
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| 0.82901 / 913 |
| -0.0048 |
-0.57% |
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USDCHF
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| 0.91333 / 345 |
| 0.0013 |
0.14% |
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USDCAD
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| 0.99769 / 775 |
| 0.0025 |
0.25% |
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GBPJPY
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| 122.499 / 514 |
| -0.271 |
-0.22% |
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EURCHF
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| 1.20971 / 988 |
| -0.0015 |
-0.12% |
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GOLD
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| 1729.91 / .27 |
| 1.39 |
0.08% |
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SILVER
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| 33.84 / .87 |
| -0.06 |
-0.18% |
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EURUSD 1.32455 / 1.32458
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High: 1.32907 | Low: 1.3245 | Chg: -0.0038 -0.28%
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SUMMARY
up
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TREND
up
trend
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MA10
bearish
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MA20
Bearish
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STOCHASTIC
neutral
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MARKET ANALYSIS - Intraday Analysis
The EURUSD continued to rise from 1.3215 (S1) and reached a high yesterday at 1.3322 (R1). It seems the pair will re-test a high soon. If the price will have enough momentum we can expect a rise towards 1.3322 (R1) and then a focus on 1.3367 (R2), a strong technical and psychological level. Our recommendation for today’s trading session is no position as we do not have a clear trend direction.
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GBPUSD 1.57729 / 1.57734
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High: 1.5819 | Low: 1.57669 | Chg: -0.0041 -0.26%
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SUMMARY
neutral
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TREND
sideway
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MA10
bearish
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MA20
Bearish
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STOCHASTIC
neutral
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MARKET ANALYSIS - Intraday Analysis
GBPUSD fell yesterday and was supported close to 1.5723 (S1). It seems it will be retesting that level again. A break below that level will trap the pair in a trading range. We remain flat for today’s trading session until we see a break-out upwards or downwards. No position.
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USDJPY 77.661 / 77.666
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High: 77.75 | Low: 77.519 | Chg: 0.019 0.02%
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SUMMARY
up
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TREND
up
trend
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MA10
Bullish
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MA20
bullish
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STOCHASTIC
neutral
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MARKET ANALYSIS - Intraday Analysis
USDJPY rose yesterday and formed a top at 77.76 (R1). A break above that level will then focus attention on 78.28 (R2) a technical level for a trend reversal. If we switch our timeframe to H4 we can see the price is approaching the record high for the year of 77.28 and a break above that level, brings the possibility for a break out and trend reversal for an uptrend. We remain at no positions at the moment until we see a break out upwards or if the above scenario fails then obviously we are still trapped in a trading range. No position.
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