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Research  >  Forex - Fundamental research
Wednesday,  11 January 2012,  03:45 GMT
AceTrader
AceTrader Research Team
Trendsetter Financial Markets Limited
Market Review - 10/01/2012

Market Review - 10/01/2012 22:00 All times in GMT Euro strengthens on signs that Europe is tackling debt crisis The single currency strengthened against the greenback on Tuesday as a meeting between German Chancellor Angela Merkel and IMF MD Christine Lagarde added to signs European leaders are moving to end the debt crisis. Although the single currency dipped from an Asian high of 1.2797 to an intra-day low at 1.2743 in European morning, euro rose to a session high at 1.2819 in New York morning after a rally in European bourses and a meeting between Angela Merkel and Christine Lagarde increased risk appetite. However, euro pared gains and retreated to 1.2764 as investors remained cautious ahead of European Central Bank policy meeting and crucial debt auctions on Thursday and Friday from Spain and Italy. The British pound ratcheted higher to 1.5485 ahead of European open due partly to the release of better-than-expected retail orders and house prices before retreating to an intra-day low of 1.5447 in European morning. However, cable rose to session high at 1.5500 and dropped briefly to 1.5452 before rebounding to 1.5498 in New York morning. U.K. RICS house price balance in December came in at -16, its highest since June 2010, vs the forecast of -19 and -17 in November. BRC retail sales in December was released at 2.2% y/y, vs the forecast of 0.1% and -1.6% in November. The greenback traded narrowly against the Japanese yen and Swiss franc in an intra-day range of 76.78 - 76.90 and 0.9466 - 0.9511 respectively. FTSE100, CAC40 and DAX closed the day up by 1.50%, 2.66% and 2.42% respectively. In other news, Fitch's Ed Parker, Managing Director in Fitch's European Sovereign group, said "expect eurozone to muddle through crisis; German AAA rating is safe; do not expect to downgrade France in 2012; euro countries under review could be downgraded by one or two notches; a more "activist" role of ECB would improve situation in eurozone.' On the data front, U.S. wholesale inventories rose only 0.1% m/m in November vs forecasts of a 0.5% rise and after increasing 1.2% previously. Canada's housing starts in December were higher than expected at 200,200 vs forecasts of 185,000. Data to be released on Wednesday: U.K. BRC shop price index, trade balance, Japan leading indicators, Germany GDP growth.
GMT:
09:29
London:
09:29
Tokyo:
17:29
Sydney:
18:29
New York:
04:29 







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Wednesday,  20 February 2013,  03:42 GMT
Research  >  Forex - Technical research
EUR/USD Daily Technical Outlook: February 20, 2013

DAILY TECHNICAL OUTLOOK ON EUR/USD Last Update At 20 Feb 2013 00:39GMT Trend Daily Chart Sideways Daily Indicators Turning down 21 HR EMA 1.3374 55 HR EMA 1.3364 Trend Hourly Chart Near term up Hourly Indicators Rising 13 HR RSI 74 14 HR DMI +ve Daily Analysis Consolidation with upside bias Resistance 1.
Wednesday,  28 September 2011,  07:26 GMT
Research  >  Forex - Technical research
TRADING SIGNAL BY ACETRADER.COM: AUD/USD by AceTrader

TRADING SIGNAL BY ACETRADER.COM: AUD/USD AUD/USD : 0.9852 Last Update At 28 Sep 2011 06:11 GMT As 0.9844 has contained aud's retreat fm y'day's high of 0.9986, suggesting consolidation with up- side bias is seen for gain to 0.
Monday,  12 September 2011,  01:14 GMT
Research  >  Forex - Technical research
Daily FX Market Outlook by AceTrader-12-9-2011

Market Review - 10/09/2011 01:20 GMT Euro tumbles on heightened concerns over Greek default and ECB Stark's resignation http://www.acetraderfx.com The single currency continued its descent this week and tumbled sharply to a 10 year-low against the yen and to a 6-month low against the greenback on speculation over the possibility of a Greece default and the resignation of European Central Bank executive board member and also its chief economist Jurgen Stark.
Friday,  09 September 2011,  00:50 GMT
Research  >  Forex - Technical research
Daily FX Market Outlook by AceTrader-9-9-2011

Market Review - 08/09/2011 21:55 GMT Euro tumbles on Trichet and Bernanke's comments http://www.acetraderfx.com The single currency continued its recent steep descent and tumbled on Thursday against all major currencies as ECB President Jean-Claude Trichet, whose 8-year term will end on October 31, said in ECB's monetary policy press conference that there is 'intensified downside risks' in European economy and inflation has remained elevated.
Thursday,  08 September 2011,  00:38 GMT
Research  >  Forex - Technical research
Daily FX Market Outlook by AceTrader-8-9-2011

Market Review - 07/09/2011 22:00 GMT Euro maintains a steady bias ahead of Thurday's ECB rate meeting http://www.acetraderfx.com The single currency briefly rallied in European morning on Wednesday after German Constitutional Court rejected lawsuits aimed at blocking the country's participation in eurozone bailouts, easing worries about eurozone debt crisis.

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Monday,  17 February 2014,  06:42 GMT
Research  >  Forex - Technical research
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February 17, 201 4 GMT 06:31 EUR/USD Today’s support: - 1.3677 and 1. 3663 (main), where correction is possible. Break would give 1.
Friday,  14 February 2014,  05:18 GMT
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February 14, 201 4 GMT 05:10 EUR/USD Today’s support: - 1.3633, 1.3618 and 1. 3590 (main), where correction is possible. Break would give 1.
Thursday,  13 February 2014,  05:37 GMT
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February 13, 201 4 GMT 05:18 EUR/USD Today’s support: - 1. 3590 (main), where correction is possible. Break would give 1. 3567 , where correction also may be.
Tuesday,  11 February 2014,  06:23 GMT
Research  >  Forex - Trading signals, forecasts and strategy
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February 11, 201 4 GMT 06:18 EUR/USD Today’s support: -  1. 3622 and 1. 3590 (main), where correction is possible.
Wednesday,  29 January 2014,  06:23 GMT
Research  >  Forex - Technical research
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January 29 , 201 4 GMT 06:17 EUR/USD Today’s support: - 1.3635 and 1.3614(main), where correction is possible. Break would give 1.

 


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