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Research  >  Forex - Fundamental research
Friday,  20 January 2012,  03:03 GMT
AceTrader
AceTrader Research Team
Trendsetter Financial Markets Limited
Market Review - 19/01/2012

Market Review - 19/01/2012 21:09 All times in GMT Euro climbs to 2-week high on strong demand at Spanish debt auction The single currency climbed to a 2-week high against the dollar on Thursday as Spain sold more than its maximum target at an auction, boosting optimism the region’s sovereign-debt crisis is being contained. Although the single currency rose one tick above last Friday's 1.2879 high to 1.2880 in Asia, euro weakened to an intra-day low at 1.2839 in European morning. However, euro rallied to 1.2936 after the strong demand at Spain's bond auction eased concerns about contagion within the eurozone. Later, euro pared its gains and briefly retreated to 1.2875 in New York morning before climbing to a session high at 1.2972 in late New York session on cross-buying against the Japanese yen and on continued optimism about Europe. Spain sold 6.61 billion euros of debt due in 2016, 2019 and 2022, exceeding the maximum target of 4.5 billion euros set for the auctions. French borrowing costs declined as the nation sold 7.97 billion euros of medium and long-term securities. Although the British pound dropped to an intra-day low at 1.5415 in European morning, cable climbed to 1.5488 in New York morning on increased risk appetite and edged marginally higher to a session high at 1.5495 in late New York trade. Versus the Japanese yen, although the greenback weakened to an intra-day low at 76.70 in European morning, dollar rallied to a 2-week high at 77.32 in New York morning on broad-based selling of the yen before stabilising at 77.15 near New York close. In other news, the draft treaty for establishing the ESM states 'coming lending capacity of eurozone temporary n permanent bailout funds EFSF/ESM remains 500 billlion euros; 500 billion euro lending capacity of EFSF/ESM is a minimum; ESM board of governors may decide to raise combined EFSF/ESM lending limit; ESM treaty will enter into force when countries representing 90% of subscribed capital ratify it; a eurozone country can only apply for ESM help if it started ratification of fiscal compact treaty.' Earlier, ECB's Executive Board Member Joerg Asmussen said 'monetary policy cannot be overburdened, responsibility for fighting bet crisis with gov't; ECB's bond buying programme cannot last forever.' ECB President Mario Draghi said 'EU did fantastic progress in improving fundamentals in many countries in recent months; Europe will be in better shape in 2012, but downward risks significant.' On the data front, U.S. initial jobless claims were reported at 352K, lower than a forecast of 385K and a previous revised figure of 402K and Philadelphia Fed survey was reported at 7.3, market consensus of 10.0. Real earnings were better-than-expected at 0.5%, forecast was 0.2%. Data to be released on Friday: Australia import price, export price, Japan leading indicators,Germany PPI, UK retail sales, Canada CPI, U.S. existing home sales.
GMT:
14:35
London:
14:35
Tokyo:
22:35
Sydney:
23:35
New York:
09:35 







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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
Daily Forex and Dow Jones recommended levels
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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
Research  >  Forex - Trading signals, forecasts and strategy
Daily Forex and DowJones recommended levels
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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
Research  >  Forex - Trading signals, forecasts and strategy
Daily Forex and Dow Jones recommended levels
Technical Trading

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
Daily Forex and Dow Jones recommended levels
Technical Trading

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
Forex and Dow Jones recommended levels
Technical Trading

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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