2012-01-17

Fx,EUR/USD $1.2800




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KP Finance  -  Jan 17, 201211:15 AM  -  Public
Spain announced today’s debt auction results with a clear positive note

The improving sentiment, already boosted by China economic data, is taking the EUR/USD to new daily highs.

resistances at 1.2780, followed by 1.2800, 1.2844 and 1.2877. On the downside, supports might act at 1.2722, ahead of 1.2700, 1.2686 and 1.2650.

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=f752e0d1-fe69-45c1-824d-669e6be6ca42
Spain announced today’s debt auction results with a clear positive note as both Jan-2013 and Jun-2013 Letras yields almost halved from the previous sale, at 2.049% and 2.399%, respectively.
   

KP Finance

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KP Finance  -  9:22 AM (edited)  -  Public
We still believe that Gold goes higher and that any move lower is just a correction and should be bought.

We see 1627/26 as a good retracement point and we will see strong buying pressure at these lower levels...We will hold longs unless a loss of 1618 occurs.

If we see this we see 1605/1595 as a possible target, but again, we look to go long.
Now a break above 1661 should be positive for this market and we would expect buyers to carry on taking us higher with 1693 then your immediate targeted area.

http://www.fxstreet.com/technical/forex-strategy/commodities-chartist-technical-analysis/2012/01/17/
Spot Gold Gold has 50% med term fib located at 1661. This has proved to be good resistance in the past therefore we take profits on longs just prior this area which is 1659. We still believe that Gold...
   

Troy Bening

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Troy Bening  -  8:35 AM  -  Public
Globe Gain Daily Review 17/01/2012
EUR/USD Markets cannot remain in sell mode all the time. At one time or another the ticker will swing the other way. Perhaps, we will see one of these
  
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KP Finance  -  7:38 AM  -  Public
(Reuters) - Spot gold climbed about 1 percent on Tuesday, encouraged by revived risk appetite that lifted markets across the board, after China announced better than expected economic growth in the last quarter of 2011. http://www.reuters.com/article/2012/01/17/us-markets-precious-idUSTRE7AK1M520120117
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KP Finance

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KP Finance  -  7:28 AM  -  Public
The bias is bullish in nearest term testing the minor trend line resistance (white) and 1.2800/57 resistance area

Immediate support is seen around 1.2650 region. A clear break below that area could stop the current bullish correction phase and resume the major bearish scenario still testing 1.2500 major support area.

http://www.actionforex.com/analysis/daily-forex-technicals/daily-technical-analysis-20120117157550/

Daily Technical Analysis The EURUSD was indecisive yesterday but corrected higher earlier today in Asian session, topped at 1.2735. The bias is bullish in nearest term testing the minor trend line res...
  

KP Finance

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KP Finance  -  7:24 AM  -  Public

HONG KONG (Reuters) - AIA Group Ltd <1299.HK>, Asia's third-largest insurer, is exploring making an offer for Dutch ING's roughly $6 billion Asian insurance operations, sources said,
   

KP Finance

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KP Finance  -  7:15 AM  -  Public
moment in the upper end of the range propped by stronger-than-expected data from the Chinese economy and the news of the EFSF downgrade to AA+ by S&P seems to be well digested.EMU inflation data and the ZEW Survey in Germany and EMU are due later on, as well as the Empire State MI in the US.


resistance at 1.2806 (prev hourly sup/res) ahead of 1.2879 (high Jan.13) then 1.2898 (low Jan.4) and 1.2946 (high Jan.5).On the downside, a breakdown of 1.2624 (low Jan.13) would bring 1.2590 (Lower Bollinger) then 1.2588 (monthly low Aug.24 2010) and 1.2522 (low Jul.13).

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=e599d29b-ac80-46d2-ac82-b2c8e106a1b0

The single currency is keeping alive the upside that sparked in the first hours on Tuesday, trading at the moment in the upper end of the range propped by...
   

KP Finance

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KP Finance  -  5:15 AM  -  Public
* China Q4 GDP growth at 8.9 pct on the year, beating
forecast
* Spot gold rangebound between $1,625.20 and $1,661.71/oz -
technicals
* Coming up: Germany ZEW economic sentiment, Jan; 1000 GMT
http://www.reuters.com/article/2012/01/17/markets-precious-idUSL3E8CH05B20120117

* China Q4 GDP growth at 8.9 pct on the year, beatingforecast * Spot gold rangebound between $1,625.20 and $1,661.71/oz -technicals * Coming up: Germany ZEW economic sentiment, Jan; 1000 GMT
   

+1

KP Finance

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KP Finance  -  5:08 AM  -  Public

European Central Bank President Mario Draghi said investors largely priced in the euro-area sovereign downgrades from Standard & Poor’s and questioned the importance of ratings companies.
  
1 share  -  Eiichi Morino

KP Finance

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KP Finance  -  4:54 AM  -  Public
The short-term outlook is sideways to slightly bullish. The medium-term outlook is bearish and my model is short.

Initial resistance is at 1.2800. Friday’s high is 1.2884. The 21-day exponential moving average resists at 1.2920.
Friday’s downtrend low is 1.2627. The next floor is 1.2505.

http://www.fxstreet.com/technical/market-view/premarket-analysis/2012/01/17/

The foreign currency futures strengthened in the Far East after edging higher during the US holiday on profit taking and being sold off sharply on Friday. The market is recovering despite the actions ...
  

KP Finance

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KP Finance  -  4:46 AM  -  Public
Longer-term holders should consider stops under $1,580 for now. A move looks set to test $1,662 and if we get through here then we should continue to grind back towards $1,700.

http://www.oilngold.com/analysis/commodity-technical-analysis/commodity-report-gold--2012011720588/

Commodity Report: Gold GOLD moved higher in offshore trade as sentiment picked up, especially in the Euro region with bond yields falling in France after a successful bond auction. The USD steadied w...
  

KP Finance

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KP Finance  -  4:45 AM  -  Public
major upside resistance is identified at the top of the channel near $120.00 per barrel

http://www.oilngold.com/analysis/commodity-technical-analysis/daily-commodity-update-brent-crude-oil-2012011720587/

Daily Commodity Update: Brent Crude Oil Brent Crude Oil futures dropped out of a textbook Channel Up chart pattern In Monday’s session to trigger a new downside target. The Channel Up is illustrated h...
  

KP Finance

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KP Finance  -  Yesterday 8:03 PM  -  Public

Standard & Poor's rating agency on Monday downgraded the EFSF eurozone bailout fund to AA+. The EFSF's CEO Klaus Regling sought to reassure markets by stating the downgrade would not reduc...
  
1 share  -  Eiichi Morino

KP Finance

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KP Finance  -  Yesterday 1:17 PM  -  Public

CNBC's Michelle Caruso-Cabrera sits down with Greek Prime Minister Lucas Papademos to discuss the country's ongoing negotiations with the private sector and Greece's place in the euro zone.
   

KP Finance

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KP Finance  -  Yesterday 1:16 PM  -  Public

Markets expect too much from European policymakers when it comes to plans to solve the euro zone debt crisis, which worsened on Friday when rating agency Standard & Poor's downgraded some euro...
  
1 share  -  Eiichi Morino

KP Finance

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KP Finance  -  Yesterday 1:14 PM  -  Public
Hungary is ready to make concessions for the IMF and the EU loan, but at what cost?

http://www.aljazeera.com/programmes/countingthecost/2012/01/201211413257667189.html

Hungary resumes loan negotiations with the IMF and the EU, Egypt's economy is faltering - and who benefits from piracy?
   

KP Finance

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KP Finance  -  Yesterday 12:44 PM  -  Public

Omaha-born and D.C.-raised, a look at the life and times of the famous investor and philanthropist
   

KP Finance

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KP Finance  -  Yesterday 11:15 AM  -  Public
   
1 share  -  Eiichi Morino

KP Finance

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KP Finance  -  Yesterday 11:04 AM  -  Public

French President Nicolas Sarkozy heads to Madrid on Monday for talks with Prime Minister Mariano Rajoy following a Standard and Poor's downgrade of nine eurozone nations that saw France lose its top "...
   
1 share  -  Eiichi Morino

KP Finance

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KP Finance  -  Yesterday 10:41 AM  -  Public

The decision by S&P to downgrade nine members of the euro zone had been widely expected. But the collapse of the negotiations between Greece and its private-sector bondholders over a voluntary wri...
  
1 share  -  Eiichi Morino

KP Finance

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KP Finance  -  Yesterday 10:10 AM  -  Public
On the downside, supports may act at 1.2620, 1.2580 and 1.2550. On the upside, resistances should be found at 1.2660, 1.2690 and 1.2730

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=538573b3-1e6c-4058-98b4-e238cd97353d

The European morning rise printed a daily high at 1.2681, but unable to sustain a price above Friday’s close at 1.2672, the EUR/USD started to decline.
  

KP Finance

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KP Finance  -  Yesterday 10:06 AM  -  Public

Oil climbed from the lowest price in almost four weeks as Iran said that a disruption to crude supplies through the Strait of Hormuz would cause a shock to markets that “no country” could manage.
  
1 share  -  Eiichi Morino

KP Finance

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KP Finance  -  Yesterday 10:05 AM  -  Public
However, the metals are again vulnerable to downside pressure in the short-term with euro region worries likely to bolster the dollar while data overnight is expected to show China’s economy expanded at its lowest rate in 10-quarters between October-December and could likely lead to less bullish fundamentals expectations. Having failed to clear overhead resistance around $1666-81 and form a solid base above the 200DMA ($1639) gold could see a test back to the $1600 mark;

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=3176ae64-5a8b-4d23-95c0-a83162551e5a
   

KP Finance

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KP Finance  -  Yesterday 9:58 AM  -  Public

The euro is losing the relationship with riskier assets that underpinned the currency in 2011 as the deepening sovereign debt crisis reduces the creditworthiness of even the biggest economies in the r...
  

KP Finance

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KP Finance  -  Yesterday 9:57 AM  -  Public

The Greek government and its creditors return to the negotiating table this week to revive stalled talks on a debt swap as German Chancellor Angela Merkel places pressure on both sides to forge a deal...
  

KP Finance

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KP Finance  -  Yesterday 9:56 AM  -  Public

European bonds and the euro pared losses as the region’s central bank bought Italian and Spanish notes following Standard & Poor’s downgrade of nine members of the common currency. Stocks were lit...
  

KP Finance

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KP Finance  -  Yesterday 9:56 AM  -  Public

Belgium, saddled with Europe’s fifth-highest debt, is at a “turning point,” Prime Minister Elio Di Rupo said as he struggles against faltering growth to meet a European Union budget-deficit target.
  

KP Finance

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KP Finance  -  Yesterday 9:51 AM (edited)  -  Public
outlook will remain negative while capped by channel resistance and the 20-day moving average at 1.2913-1.2920. Now at 1.2665, she has near-term targets of 1.2588 and 1.2530 and a longer term objective at 1.2083, this being the 200-month moving average. EUR/USD is now at 1.2670."
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=1f42f119-c586-40cf-bb8f-035953683c5c

Read the full article at FXstreet.com
  

KP Finance

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KP Finance  -  Yesterday 9:50 AM  -  Public

The common currency extended its gains over past Asian session, reaching 1.2877, testing the 50% retracement of the latest daily fall, yet is now back under selling pressure, breaking below 1.2820, 38...
   

KP Finance

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KP Finance  -  Yesterday 9:50 AM  -  Public

The EUR steadied in quiet Asia trade after a hefty u-turn on Friday. Today’s US holiday likely played a part in the moribund trade while data was confined to second-tier releases. In Japanese data, co...
   

KP Finance

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KP Finance  -  Yesterday 9:44 AM  -  Public
Silver

Support: 29.05, 28.60, 28.10, 27.60, 27.10
Resistance: 30.30, 30.85, 31.25, 31.80, 32.10

Recommendation Based on the charts and explanations above, our opinion is buying silver above 29.05, and take profit in stages at (30.80 and 32.10) and stop loss with 4-hour closing below 28.10 might be appropriate

Gold

Support: 1628.00, 1607.00, 1596.00, 1582.00, 1573.00
Resistance: 1650.00, 1665.00, 1673.00, 1687.00, 1695.00

Recommendation Based on the charts and explanations above our opinion is, selling gold below 1628.00 targeting 1573.00 and stop loss above 1665.00 might be appropriate.
http://www.oilngold.com/analysis/commodity-technical-analysis/technical-analysis-for-precious-metals--2012011620580/

Technical Analysis for Precious Metals The solid resistance around 1665.00 forced the metal to decline activating an obvious negative crossover on Stochastic as seen on the provided daily chart. Henc...
   

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