Continuing to lose you're welcome to August 4 dollars of forex news about our site, we collect information from published trforex.org
Stocks
Weak data and balance sheets came under the influence of the weak trend seen in the American stock market. Dow (10636.38) 0.36%, S & P 500 (1120.46) fell in the rate of 0.48%. Dow may test the level of progress in the days 10850-900.
Today in Asian stock markets also declined. Nikkei (9548.59) The impact of the appreciation in the Yen at a rate of 1.50%, while Shanghai (2617.12) decrease in the rate of 0.38%.
Commodities
With the effects of dollar depreciation in the price of oil continues strong progress. 83 levels of progress in the case of the breaking up of the day can be tested in the 85-87 level. Today the future of U.S. oil stocks data.
Gold prices below the level of 1200 continues to move. Not very strong upward movements. A strong resistance zone of 1190-1200 could not be broken up. Therefore, progress can be tested in the days of 1160-50 levels.
Gold / oil ratio dropped to the bottom of the chart from 15.00 to 14.80 support area. This situation could be up to the level of oil prices is 85-87. Gold prices may move between the 1170-1220 level.
Currencies
Most powerful non-dollar currencies is watching. Not yet seen a significant selling pressure. Parity can be important to test the resistance level. Continue to rise after the correction can be seen in motion or horizontal motion.
EURUSD pair is moving within a rising wedge formation. Retail sales figures today, the EU's future will follow. USDJPY fell below parity support 85.75.
EURJPY effect of parity with the yen appreciation in the value of losing the last two days. Support level is 112.65.
Parity USDCHF decline from 1.0400 to 0350, but the support is removed from the area comes into buyers. Below the 1.0350 level, selling pressure will increase. GBPUSD parity continues to rise. Resistance near the 1.6050 level there. AUDUSD parity is strong, but watch the weekly chart the trend line at the level of resistance is encountered.
Interest Rates
3-month USD LIBOR rates fell 1 basis points to 0.43% 'e disappeared. 2-year and 10-year interest rates three and four basis points to 2.90% and 0.52% respectively, are decreased.
Yesterday Bank of Australia left interest rates unchanged at the level of 4.50%.
BOE and ECB interest rate decision tomorrow to explain.
Wednesday, August 4, 2010
Saturday, July 31, 2010
Gartman: Oil from the Quitting Time has come
Dennis Gartman of the Gartman Letter'ın founder of hedge fund managers, investors need to exit oil investments, he said.
Gartman, prone to bear with the impact of oil inventories report process would be challenging in the later days, he said.
Crude oil prices plummeted after the inventory report pointed out that the Gartman, but then the prices jump up again, he said. Gartman, is worried about oil price movements, said.
Gartman,''Interestingly, the prices jump up from a low level, and also so impressive as some of the assessment. We are such cases, a long position in our losses are seen as an opportunity for reducing our traders and long positions in this poziyonlarını are encouraged to leave,''he said.
Garman'ın 1.5% rise in oil prices following the recommendations said.
Gartman, prone to bear with the impact of oil inventories report process would be challenging in the later days, he said.
Crude oil prices plummeted after the inventory report pointed out that the Gartman, but then the prices jump up again, he said. Gartman, is worried about oil price movements, said.
Gartman,''Interestingly, the prices jump up from a low level, and also so impressive as some of the assessment. We are such cases, a long position in our losses are seen as an opportunity for reducing our traders and long positions in this poziyonlarını are encouraged to leave,''he said.
Garman'ın 1.5% rise in oil prices following the recommendations said.
Bullard: U.S. to a Japanese style deflation process is approaching
St. Louis Fed president James Bullard, the U.S. economy in Japan, expressed as''losses''10 years prices have fallen rapidly, an economic process may be faced with a similar situation has warned.
Bullard, ever''on the U.S. economy an economy moving toward the Japanese style,''he said.
Similar to those of a deflation in Japan does not yet dominate the economy, stating Bullard, for it will push inflation down should be more negative shocks and the U.S. approach to this process, he said.
Bullard, ever''on the U.S. economy an economy moving toward the Japanese style,''he said.
Similar to those of a deflation in Japan does not yet dominate the economy, stating Bullard, for it will push inflation down should be more negative shocks and the U.S. approach to this process, he said.
Oil Price U.S. $ 78 Level
In the international market price per barrel of U.S. crude oil is traded at 78 dollars.
U.S. crude oil barrel price, delivery in September, are currently in operation in Asia, with a drop of 24 cents and sold at $ 78.12. U.S. crude oil increase of $ 1.37 yesterday, the dollar was 78.36.
By Brent type crude oil price per barrel in London also traded 18 cents at $ 77.41 will decrease.
U.S. crude oil barrel price, delivery in September, are currently in operation in Asia, with a drop of 24 cents and sold at $ 78.12. U.S. crude oil increase of $ 1.37 yesterday, the dollar was 78.36.
By Brent type crude oil price per barrel in London also traded 18 cents at $ 77.41 will decrease.
Thursday, July 29, 2010
How to Obtain Benefits of economic factors?
Technical analysis, parity, especially when the process has a critical importance in the market for a small amount of input and output - technical analysis alone, creating a comprehensive trading plan is inadequate acting.
In the forex market based on market expectations as it is affected by today's economic and geopolitical news. The main actors in the foreign exchange market - the central banks of countries, billions of dollars of hedge funds and investment banks that provide services, the top level - double the top hourly candlestick chart EURJPY (double top) with the formation do not really care. Instead, the most recent economic news and geopolitical developments in the next G-7 countries, the recent announcement by analyzing monetary organs shall formulate procedures. Therefore, an appropriate approach to take action in the forex market can be summarized as follows: the economic news is starting out as entry and exit techniques.
A clever method which is popular in the market, traders who play the economic news, daily and weekly charts that contain even more useful to choose a long-term interests olcağından road. This traderlardan in the short term (hourly graphics) people who play, definitely should focus adjustments techniques. These set out, short time frames (usually hourly or smaller time periods belonging to the graphics) using the destination point, the processing of these points, 20-30 pips below the stop set about the Forex market speculation the will. Forexte individual investors will not only economic news, but speculation in the major markets but also in the realization of operations provide a significant advantage over the players.
In the forex market based on market expectations as it is affected by today's economic and geopolitical news. The main actors in the foreign exchange market - the central banks of countries, billions of dollars of hedge funds and investment banks that provide services, the top level - double the top hourly candlestick chart EURJPY (double top) with the formation do not really care. Instead, the most recent economic news and geopolitical developments in the next G-7 countries, the recent announcement by analyzing monetary organs shall formulate procedures. Therefore, an appropriate approach to take action in the forex market can be summarized as follows: the economic news is starting out as entry and exit techniques.
A clever method which is popular in the market, traders who play the economic news, daily and weekly charts that contain even more useful to choose a long-term interests olcağından road. This traderlardan in the short term (hourly graphics) people who play, definitely should focus adjustments techniques. These set out, short time frames (usually hourly or smaller time periods belonging to the graphics) using the destination point, the processing of these points, 20-30 pips below the stop set about the Forex market speculation the will. Forexte individual investors will not only economic news, but speculation in the major markets but also in the realization of operations provide a significant advantage over the players.
Wednesday, July 28, 2010
European Session: What's with expect
Germany's CPI increased by 0.3% in June figures and the annual rate is expected at the level of 1.2%. Results of short-term monetary policy can not affect that much impact on markets will not. Figures, the central bank continued to remain below 2% target and monetary policy in conditions more challenging in recent weeks. For this reason, the ECB tightening steps will not be rushed.
Governments to continue borrowing to close deficits, they will increase borrowing costs and economic growth is slowing down due to measures to cut spending. Instead of tightening policies in such an environment relax a higher likelihood of policy implementation.
Watch the U.S. futures contracts are horizontal. Today, Boeing, Coca-Cola and ConocoPhilips balance sheets to be followed.
Governments to continue borrowing to close deficits, they will increase borrowing costs and economic growth is slowing down due to measures to cut spending. Instead of tightening policies in such an environment relax a higher likelihood of policy implementation.
Watch the U.S. futures contracts are horizontal. Today, Boeing, Coca-Cola and ConocoPhilips balance sheets to be followed.
Spotlights in the Asian session
Australian dollar, after the CPI figures coup was disappointing. 3-month period to date prices in June rose at a rate of 0.6%. If annual inflation was 3.1%. Economists expect the figures were at 3.4%. Credit Suisse interest rate increase measured 15 basis point decline in expectations was revealed. Australian Dollar, over 1% against the U.S. dollar has lost value and the possibility of testing the 0.90 level was reduced.
Business confidence in New Zealand since October showed the biggest drop diameter. Only 27.9% of the surveyed companies' u expect business conditions to improve. Results in higher borrowing costs and can be connected to the currency's appreciation. Central bank's monetary policy meeting tomorrow than the interest rates 25 basis points is expected to increase.
Business confidence in New Zealand since October showed the biggest drop diameter. Only 27.9% of the surveyed companies' u expect business conditions to improve. Results in higher borrowing costs and can be connected to the currency's appreciation. Central bank's monetary policy meeting tomorrow than the interest rates 25 basis points is expected to increase.
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