KP Finance - Feb.01,2012 - 4:55 PM - Public
US President Obama has a tough job to deal with during the 2012 election season to get reelected. Right now, the unemployment rate is at three-year low 8.5%, but still pretty high knowing that “no pre...
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the Euro is having a hard time attempting to hold above the 1.3200 hurdle against the Dollar, having eased to the 1.3185 area most recently.
next resistance is seen at the 1.3230 zone, followed by 1.3250,
supports could be found at 1.3150, 1.3100 and 1.3070.
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=af94ce8a-509f-44b7-9bc2-4101652a37df
next resistance is seen at the 1.3230 zone, followed by 1.3250,
supports could be found at 1.3150, 1.3100 and 1.3070.
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=af94ce8a-509f-44b7-9bc2-4101652a37df
Another round of selling has sent the Dollar to fresh lows versus major competitors in recent dealings, with EUR/USD reaching its highest since last Friday at 1.3217 before stalling.
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DUBLIN (Reuters) - A group of Irish opposition lawmakers launched a campaign on Wednesday to petition the president for a referendum on Europe's new fiscal treaty, potentially jinxing government hopes...
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The Gold Tree infographic visualizes sources and uses of gold. The Gold Tree pictures the forms of gold investments - from bullion gold to gold ETFs.
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@CNBC
ADP: Job growth in January driven by small, medium-sized businesses
ADP: Job growth in January driven by small, medium-sized businesses
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@TheStreet
ADP: U.S. companies added 170,000 jobs in January, less than the 185,000 economists had forecast.
ADP: U.S. companies added 170,000 jobs in January, less than the 185,000 economists had forecast.
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*Greece Very Close To New Troika Loan Deal-Greek Govt Spokesman
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Manufacturing probably grew at a faster pace in January, a sign the industry will lead the U.S. expansion early this year, economists said before today’s report.
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Ha HA Ha ... I love it.
http://forexblog.oanda.com/20120201/buy-the-eur-rumor-and-sell-that-fact/
http://forexblog.oanda.com/20120201/buy-the-eur-rumor-and-sell-that-fact/
The EUR again has failed to break out of its current range. When its on its knees, down and just about out, Chinese PMI lends a hand in the overnight session. The world's second-biggest economy ha...
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Global manufacturing picked up in January, with factory indexes from China to Germany and the U.K. showing growth.
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UBS analysts believe that despite the Greek PSI deal, Fed’s dovishness and the ECB’s LTRO that is picking up the peripheral debt markets, a sustainable EUR/USD rally is only possible with improving Eu...
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The bloc currency has not only reverted its previous negative trend but it has also hit a fresh high at 1.3151 bolstered by better-than-expected euro zone PMI results and ...
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The Portuguese bond auction sold its targeted 1.5 billion euro at lower yields than previous auction: 4.068% vs 4.346% for the 3-month paper and 4.463% vs 4.74% for the 6-month bills. The market might ease pressure on Portugal debt for some time after this and the EUR/USD could extend its upside, because the German bond auction also went well, lowering its yield (1.82% vs 1.93%) of 2-year bunds.
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=c738c134-78fe-4ba2-93d2-031fa5d57fca
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=c738c134-78fe-4ba2-93d2-031fa5d57fca
The EUR/USD upside during the European session got capped at 1.3152 and a retracement to the 100-hour MA, at 1.3130, followed.
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But the biggest surprise would surely be a swift resolution of the Greek crisis.
But it could happen — and the deadline might well be March 20.
And if it did, we could see a powerful rally in the markets as the appalling spectre of a disorderly Greek exit from the euro was lifted.
http://www.marketwatch.com/story/get-ready-for-a-greek-spring-surprise-2012-02-01
But it could happen — and the deadline might well be March 20.
And if it did, we could see a powerful rally in the markets as the appalling spectre of a disorderly Greek exit from the euro was lifted.
http://www.marketwatch.com/story/get-ready-for-a-greek-spring-surprise-2012-02-01
Matthew Lynn imagines a swift resolution to the Greek crisis.
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Consumer price inflation in the euro zone remained at 2.7 percent for the second straight month in January, data showed on Wednesday, off last year's peak and supporting bets that the European Central Bank will cut rates to help revive the economy. http://www.reuters.com/article/2012/02/01/us-eurozone-inflation-idUSTRE8100PQ20120201
BRUSSELS (Reuters) - Consumer price inflation in the euro zone remained at 2.7 percent for the second straight month in January, data showed on Wednesday, off last year's peak and supporting bets that...
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. Greek Finance Minister said yesterday that Greece is one step from closing a debt-swap deal with its private bondholders. According to Bloomberg, as an inducement for creditors, the debt would probably be governed under U.K. rather than Greek law, providing more bondholder protection.
resistance level could be located at 1.3184 and 1.3285 while to the downside support levels might lie at 1.3012, 1.2941 and 1.2840.
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=66bd590c-2d4d-4e05-bed6-0aafa610c9cf
resistance level could be located at 1.3184 and 1.3285 while to the downside support levels might lie at 1.3012, 1.2941 and 1.2840.
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=66bd590c-2d4d-4e05-bed6-0aafa610c9cf
The pair gained more than 100 pips from European session lows (1.3025) and hit a fresh high today at 1.3143. At the time of writing the EUR/USD is quoting at 1.3140, gaining 0.43% in the day.
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European stocks rose, U.S. equity index futures advanced and German bunds fell before a report that may show American manufacturing expanding at the fastest pace since June. Italian bonds gained after...
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German PMI Manufacturing expanded for the first time since September 2011, growing to 51 points in January, in comparison with 48.4 points in December, according to data released today by Markit. Thi...
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China’s 2012 diesel demand growth may fall to 4 percent to 5 percent from a year earlier as industrial activity slows,
http://www.bloomberg.com/news/2012-02-01/china-2012-diesel-demand-growth-may-fall-to-5-deutsche-bank.html
http://www.bloomberg.com/news/2012-02-01/china-2012-diesel-demand-growth-may-fall-to-5-deutsche-bank.html
China’s 2012 diesel demand growth may fall to 4 percent to 5 percent from a year earlier as industrial activity slows, Deutsche Bank AG said in an e-mailed report today.
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Chinese manufacturing indexes rose in January as the world’s second-biggest economy withstood weaker exports driven by Europe’s debt crisis and a government-induced property slowdown.
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Why China have effect on European Stocks, I don't think so.
http://www.bloomberg.com/news/2012-02-01/european-stock-index-futures-pare-advances-as-investors-watch-greek-talks.html
http://www.bloomberg.com/news/2012-02-01/european-stock-index-futures-pare-advances-as-investors-watch-greek-talks.html
European stocks advanced, with the Stoxx Europe 600 Index extending its best start to a year since 1998, as an increase in Chinese manufacturing offset Greece’s struggle to reach an agreement with cre...
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Brent crude rose above $111 a barrel on Wednesday, gaining for a second straight session on fears that tensions between Iran and the West may escalate with U.S. lawmakers mulling more sanctions on Tehran, while promising China data also supported sentiment.
Brent crude rose 21 cents to $111.19 a barrel by 0730 GMT.
http://au.finance.yahoo.com/news/UPDATE-2-Brent-rises-111-Iran-reutersau-1089392321.html
Brent crude rose 21 cents to $111.19 a barrel by 0730 GMT.
http://au.finance.yahoo.com/news/UPDATE-2-Brent-rises-111-Iran-reutersau-1089392321.html
UPDATE 2-Brent rises above $111, Iran supply worries support
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MF Global’s chief risk officer urged senior executives and the company’s board to pare back its $6.3 billion proprietary bet on the debt of troubled European nations roughly three months before the fu...
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we also have H&S bearish formation especially if price able to make a clear break below 1.3075. A daily close back below 1.3000 would give further confirmation to this bearish scenario at least testing 1.2930 area.
Immediate resistance is seen around 1.3100. A clear break above that area could give another chance for the bullish scenario but would need a clear break above 1.3212 (the right shoulder) to cancel the H&S bearish scenario and continue the bullish scenario.
http://www.actionforex.com/analysis/daily-forex-technicals/daily-technical-analysis-20120201158605/
Immediate resistance is seen around 1.3100. A clear break above that area could give another chance for the bullish scenario but would need a clear break above 1.3212 (the right shoulder) to cancel the H&S bearish scenario and continue the bullish scenario.
http://www.actionforex.com/analysis/daily-forex-technicals/daily-technical-analysis-20120201158605/
Daily Technical Analysis The EURUSD attempted to push higher yesterday, topped at 1.3212 but further bullish pressure was rejected and slipped below 1.3075 and the trend line support earlier today as ...
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DailyFXTeamMember @DailyFXTeam
Greek PM Papademos to call emergency meeting today or tomorrow to try and force an agreement on further austerity measures.
Greek PM Papademos to call emergency meeting today or tomorrow to try and force an agreement on further austerity measures.
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ATHENS (Reuters) - Debt-laden and recession-hit Greece must accelerate structural reforms and slow down on deficit reduction, the head of the IMF's inspection team for Greece was quoted as saying on W...
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EUR/USD Breaks below 55-day EMA. I expect 1.2980/1.2960 to be the next target.
http://www.forexstreet.net/profiles/blogs/eur-usd-breaks-below-55-day-ema
http://www.forexstreet.net/profiles/blogs/eur-usd-breaks-below-55-day-ema
EUR/USD Breaks below 55-day EMA. I expect 1.2980/1.2960 to be the next target. Please check the daily chart: You may also check the sub-forum named Watchou…
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ประการหลักๆ คือก่อนหน้ามันทดสอบแนวต้านด...้วยสัญญาณบวกโดยเฉพาะในภาพใหญ่อย่างกราฟรายสัปดาห์ แต่คราวนี้มันทดสอบแนวต้านด้วยสัญญาณลบของกราฟรายวันนะครับ
แนวต้าน 1748 1752 1760
แนวหนุน 1730 - 1735สำหรับท่านที่อยากซื้อ หลุด 1730 - 1735 ก็ถอยอ่ะครับ สำหรับท่านที่รอซื้อ ก็รอต่อไปครับ อย่างเร็วก็อาจคืนวันศุกร์และอย่างช้าก็สัปดาห์หน้าครับผม
http://www.facebook.com/photo.php?fbid=322651424440006&set=a.235008269870989.54132.145773105461173
แนวต้าน 1748 1752 1760
แนวหนุน 1730 - 1735สำหรับท่านที่อยากซื้อ หลุด 1730 - 1735 ก็ถอยอ่ะครับ สำหรับท่านที่รอซื้อ ก็รอต่อไปครับ อย่างเร็วก็อาจคืนวันศุกร์และอย่างช้าก็สัปดาห์หน้าครับผม
http://www.facebook.com/photo.php?fbid=322651424440006&set=a.235008269870989.54132.145773105461173
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You can join this website for more analysis and more information,
http://www.forexstreet.net/
http://www.forexstreet.net/
Providing neutral and unbiased information to enable our users to take better and more confident decisions.
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If there is one thing to keep in mind about the 2008 financial crisis it is the number of ''experts'' that emerged after the fact to point out all the telltale indicators that we willfully ignored. Wh...
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Asian stock markets struggled on Wednesday as weaker U.S. data damped down recent optimism that the world's largest economy may escape the gloom from the euro zone debt crisis, while Chinese manufacturing surveys failed to break the cautious mood.
http://uk.reuters.com/article/2012/02/01/uk-markets-global-idUKTRE80T08A20120201
http://uk.reuters.com/article/2012/02/01/uk-markets-global-idUKTRE80T08A20120201
TOKYO (Reuters) - Asian stock markets struggled on Wednesday as weaker U.S. data damped down recent optimism that the world's largest economy may escape the gloom from the euro zone debt crisis, while...
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CARTAGENA, Colombia (Reuters) - More than 2,000 of the world's top business and political leaders gathered last week in the Swiss ski resort of Davos looking for solutions to the world's problems.But
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With Russia sending warships to discourage foreign intervention in Syria, and China drawn more deeply into Iran's confrontation with the West, "great power" politics is swiftly returning to the Middle East.
http://uk.reuters.com/article/2012/01/31/uk-mideast-geopolitics-idUKTRE80U0TR20120131
http://uk.reuters.com/article/2012/01/31/uk-mideast-geopolitics-idUKTRE80U0TR20120131
LONDON (Reuters) - With Russia sending warships to discourage foreign intervention in Syria, and China drawn more deeply into Iran's confrontation with the West, great power politics is swiftly return...
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Greek PSI talks stuck:
Portuguese domino awaiting:
Weak data:
If the tough line of 1.3060 is broken, minor support is found at 1.30, followed by more important support at 1.2945.
Weak resistance is at 1.3145, with stronger resistance at 1.3212.
http://www.forexcrunch.com/eurusd-loses-channel-support-4-reasons/
Portuguese domino awaiting:
Weak data:
If the tough line of 1.3060 is broken, minor support is found at 1.30, followed by more important support at 1.2945.
Weak resistance is at 1.3145, with stronger resistance at 1.3212.
http://www.forexcrunch.com/eurusd-loses-channel-support-4-reasons/
EUR/USD failed to break a line of resistance within the uptrend channel, and the downfall was sharp. It eventually lost uptrend support and is now struggling on
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"There's no physical buying interest at this price level,"
http://www.reuters.com/article/2012/02/01/markets-precious-idUSL4E8D10SX20120201
http://www.reuters.com/article/2012/02/01/markets-precious-idUSL4E8D10SX20120201
* China official PMI data better than expected * Investors cautious ahead of more data * Coming up: Euro zone Markit manufacturing PMI, Jan; 0858GMT (Adds details, comments; updates prices)
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The candles in the 4H chart suggests that this is a heavy correction, and the market could be heading lower, toward 1.30 (38.2% retracement), as well as 1.2928, 50% retracement,”
support levels at 1.3040, 1.3000 and 1.2965,
resistance levels are noted at 1.3110, 1.3145 and 1.3180.
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=c52c9459-9323-44d0-afcc-f2140def61ef
support levels at 1.3040, 1.3000 and 1.2965,
resistance levels are noted at 1.3110, 1.3145 and 1.3180.
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=c52c9459-9323-44d0-afcc-f2140def61ef
EUR/USD traded a broad 1.3040-1.3212 range overnight and, since the start of trading this Wednesday, has traded in choppy consolidation mode between 1.3052 and 1.3090.
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