Wednesday, April 22, 2009

Today forex exchange technical analysis

On graph. After the exchange rate presents the bounce repair, is being restrained on 60th the resistance even line 1.3036 underneath weak trend adjustments. Looking from the technical specification. The stochastic target still had the spatial adjustment sign at present. But the MACD target still place underneath zero axis level and continued to have the dead end to expand the condition. On the hour chart demonstrated that the short-term supports 1.2950 to fall into enemy hands. Then the exchange rate will also continue the downward goal to aim at 1.2900 important passes to support the position. If this important pass position will drop that the exchange rate to turn toward the opportunity which once more 1.2800 low points will buy up to be big. Will otherwise present the anisotropous disk to reorganize. today wave amplitude scope estimate; 1.2800-1.3050 operation prompt; Short-term best wave band primarily. The risk controls in 50 spots.
Pound US on the graph the pound downward tendency is still stern. The technical specification entire line oversells spatially. If today 1.4400 integer important passes, then, the city will turn toward 1.4280 supports to buy up surely. Will otherwise present the adjustment. today wave amplitude scope estimate; 1.4280-1.4580 operation prompt; Meets Gao Gukong primarily. Breaks through 1.4650 to stop strictly damages.
Australian-US on the graph still presented the shake downward aspect. The technical specification was still at oversells the dead end condition. If the today 0.7000 important pass fall into enemy hands. The latter city will turn toward 0.6880 support to buy up surely. Will otherwise still be in the anisotropous disk adjustment. today wave amplitude scope estimate; 0.6880-0.7100 operation prompt; Should better treat the bounce spatially by primarily. Breaks through 0.7150 to stop strictly damages
US-Japan on the graph the exchange rate still moved in drops in the channel, the technical specification continues to oversell the dead end expansion condition. If today 97.50 short-term supports fall into enemy hands. Then, the city continues to think surely 96.50 supports make great strides forward. Will otherwise adjust. today wave amplitude scope estimate; 96.50-98.50 operation prompt; The bounce buys empties US and Japan primarily.
US-Canada on the graph the demonstration has further shake to rise the request. The technical specification continues to present ultra buys the multi-thread sign. If today can stand firmly above 1.2400 important passes. The latter city will turn toward 1.2500 resistance to make great strides forward surely today the wave amplitude scope estimate; 1.2330-1.2500 the operation prompt, maintains the wave band primarily. Looked that attracts Gao Pao lowly first. The risk controls in 50 spots
Enters on several on-hand merchandise gold is in the small scale shake to rise the aspect. On fundamental plane. Under receives the stock market to fall as well as the global biggest gold country of consumption India's gold import volume increases inspires shakes rises, but looked from the card. The gold was still in 900-865 sector anisotropous disks to reorganize. If the later period gold price can stand firmly above a 900 US dollars ounce important pass, then in the short-term will continue to rise, place above pressure in a 934.45 US dollars ounce. If drops a 865 US dollars ounce support. Then, the city gold will further decline goal direction earlier period 681.45 rises to 952.25 (50% ratio of middle to outside) nearby a 845 US dollars ounce.

On April 23 euro and pound analysis

Yesterday the Eurozone important data has not announced that the exchange rate trend receives the technical shape direction much. After having tested 1.2880 supports, the attraction met the low buying offer interest, the US stock market early market bounce and the dead end returns makes up has boosted a euro bounce, but after that flushed recedes high, as well as the Eurozone fundamental plane's gloomy performance with Middle East financial crisis substantive elimination, still had not been hidden the risk, caused risk loathing mood time to scatter with difficulty, continues to suppress the market investment interest, then a suppression euro upward step, in addition looked from the technical stratification plane, place above the even line was also layer upon layer hinders, the target overshooting tendency became slower, therefore the whole presented the weak trend.
In the technology looked that a euro even line continues maintains the dead end, the target weak trend flatten out, 1.3030 continue to suppress the upward step, comes to a stop above with difficulty, the exchange rate still the deviation lowered. The hour chart looked that has the reverse running 1.2920 support's risks, defends freely, but also has challenges 1.3080/1.3120 opportunities, but looked from the market investment mood, the deviation meets blows off high
Looking from the technical surface, the pound/US dollar date K line receives in an under shade the land, before the exchange rate returns to has spat, a trading day increase scope. In the plate the exchange rate has returned pulls out since 1.3653 rise trend lines, but after receiving this trend line as well as on 5th and 10 daily average line suppression, transfers, but downward, and once dropped to the date the new low 1.4396, at present nearby 1.4450 fluctuates in 34 daily average lines in the support position. If breaks 34 daily average line support, the exchange rate possibly further under takes bearing on March 30 the low point 1.4110. Because since the exchange rate already broke 1.3653 the rise trend lines, Zhou Tu and the date chart are expected to fall, the pound trend was already spatial. Therefore today trades suggested: Continues to meet Gao Zuokong. Place above resistance position: 1.4650 and 1.4700; Underneath support position: 1.4240 and 1.4120

Euro analysis


The euro after having broken the triangle and the wedge structure forms drops the channel, we may see clearly drops channel's essential support wire in 1.2800, 1.2700 and 1.2400, if wants to know that which more essential needs to further survey on axle's contact point, the careful observation may see the partial signals, but the Japanese Yen acts as once more follows US dollar to take refuge from danger the role, but the domestic fundamental plane as if is an excuse, the euro exchanges US dollar rise and the stock market fluctuation still has the very high interrelatedness, but the pound sharp drop actually was mainly decided British own fundamental plane, the market estimated Britain sends the debt to increase sharply. makes the investor to financial system's anxiety to be quite discrete, the Japanese Yen is opposite in the urious interest currency rise, International monetary fund (IMF) said on Wednesday the global economic falls into the serious atrophy, declined the global economic growth estimate and appeal various countries takes the powerful measure to promote the economic resurgence, the global economic possibly has withered since this year 1.3% to be most serious for the Second World War, Morgan Stanley announces the second season to record the loss continuously, although investor to what course to follow from also in hesitation, but the stock market possibly has one gloomy summer, investor's difficult problem whether to detain the recovery which the note money market continues? Or constructs the warehouse for the reignition loathing risk mood? We estimated that future summer should be the latter.

Today the gold fires into 900 spots

The gold rate continued to bounce yesterday. Today suggested the investor may maintain the operation which the short line meets buys up lowly, the strict risk control, the radical investor short line may in recede buys up to 881 US dollars nearby, puts on 878 US dollar risk controls effectively, the short line goal looks at nearby 900 US dollars. Support position: 880th, 865, resistance position: 900th, 910
Yesterday international on-hand merchandise gold opening price 882.30 US dollars, highest 893.30 US dollars, lowest 881.30 US dollars, closed 890.20 US dollars, rose 7.60 US dollars, the increase scope is 0.86%. Gold market summary: Because India approaches the traditional marriage date, activates the gold demand in kind, and the US dollar second trading day falls continuously, on-hand merchandise gold receives on Wednesday high, approaches 900 US dollar/ounce short-term pressures once again. Looking from the short-term, on-hand merchandise gold low position buying offer enthusiastically, the technical surface support, a wave bounce quotation already started in addition, after the gold, the city still might look at high one. The price appeared yesterday continues to rise, the Japan K graph demonstrated that on-hand merchandise gold received yesterday on hachure long land, explained that the low position buying offer continued to enter the arena, the bounce quotation was still continuing. The even line system analysis, 5 and 10 even lines were still in underneath at present the K line, the gold price also stands above 100 daily average line 889 US dollars, but 20,30 and 60 daily average lines still suppressed the price. The technical specification MACD green column turns red, DIFF and DEA stick the alloy fork to be complicated, the slow KD gold fork upward yawn sending out, RSI three are in the weak area agglutination, the KDJ two gold fork yawn is upward. The technical specification supports the gold to continue to bounce. At present the K line movement presents the crosswise shape, the earlier period from 1006 falls still to fall the tendency until now, at present the graph space is 900-865. Then the one day of closing price breaks through this region possibly to present the explicit steering wheel. At present on-hand merchandise gold's underneath supported in 865 US dollars/ounces, the short-term resistance still nearby 900 US dollars/ounces.

Today currency analysis

In yesterday's foreign exchange market, US dollar had certain scope call-back reorganization trend, US dollar index is highest bounces to 86.75, the lowest call-back to 86.10, closes in 86.20. Europe is the currency trend continues to split up. Britain announces on Wednesday the data demonstrated that British in March is unemployed the application population to increase 73,700, anticipated increases 12.1; British in March the Public sector only loans + 19,100,000,000 pounds, anticipated + 16,150,000,000 pounds; British in March Government revenue and expenditure short difference + 28,400,000,000 pounds, anticipated + 16,500,000,000 pounds. At the same time, the British Central Bank announces in April conference summary demonstrated that MPC by 9:0 through the maintenance interest rate invariable decision, and the consistent decision continues to advance 75,000,000,000 pound property purchase plan, is mainly thought that the environment has not presented the substantive change, therefore is not the unnecessary change property purchase plan. The British Debt Administrative bureau said that in 2009-2010 fiscal years, the plan distributes 2,200 hundred million pounds national debts, this will enlarge the pound the money supply, simultaneously will urge the foreign investment to flow out Britain, then suppression pound. Although the Eurozone economy is appearing stands firmly the sign, this and is insufficient to support the euro. Although euro/US dollar presented certain scope yesterday the bounce, but, the city were still many to a euro disadvantageous factor, in view of the fact that the European Central Bank will relax further monetary policy, the Eastern European country still has the big violation risk, as well as the European investor's fund flowed to US's enterprise debt market, the euro was still very frail. Yesterday the American Stock market has not continued the day before yesterday's bounce trend, but appeared receded, looked from the technology, US dollar index short line support in 86.10, if broke 86.00, US dollar will also continue to seek the support downward. If US dollar index stands firmly in 86.00 above, US dollar index can continue in 86.00-87.00 sectors to make the shake reorganization.
Euro/US dollar: A euro bounce, was still blocked in 63 daily average line position, namely nearby 1.305, the MACD date chart demonstrated that the down direction has not changed, suggested the short line meets sells the euro high in this position, the estimate today a euro wave amplitude between 1.288-1.305.
Pound/US dollar: The market to the banking industry anxious and anticipated that Britain will announce the budget report performance not to be good, yesterday attacked the pound to exchange US dollar to drop to 1.4471 low points. Afterward Britain announces in March the consumer price index (CPI) annual rate to drop to for one year low point and retail price index of commodities (RPI) the year mobility rate presents near for 50 year for the first time negative values, but two data conform to the estimate value approximately, will support the British Central Bank related to pass the turgor strength the viewpoint which reduces in this year, will give the pound support, will exchange US dollar bounce to 1.4707 high spots. The estimate the pound exchanges US dollar resistance today in 1.4720-50, supports in 1.4580-1.4600.
US dollar/Japanese Yen: The Japan graph demonstrated that on Wednesday US and Japan are restrained in 200 daily average line pressure flush recede high, from the shape looked that begins in 87.00 double bottoms the trends of escalation not to change, but the exchange rate adjusted far has not ended, this will test 95.55 place above once more support functions. French Promoting education Bank (601166, stock) the foreign exchange is in charge of Yuji Saito to point out that Japan records the trade surplus continuously, beyond expectation. In addition Japan's export slides to the step also to postpone, to indicate that perhaps Japan exported the worst time already to finish, US and Japan estimated that will drop to 96.00. On Thursday will have the US on April 18, when at the beginning of the week invites the unemployment assistance population, American in March becomes the room sale with the US on April 18, when the week EIA natural gas stock announces, estimated that will have certain influence to the exchange rate trend.
US dollar/auspicious court attendant: The favorable factor includes: US dollar entire line is strong, the Swiss economic prospect is dim, estimated that the Swiss Central Bank will implement the quota loose monetary policy and undersells the Swiss franc intervention rate. But the US dollar/Swiss franc upward space receives limits, because takes refuge from danger the mood elevation of temperature to cause the investor to relieve does empties the Swiss franc the financing arbitrage transaction. Data attention: Greenwich Mean Time 0615 Switzerland in March trade data, Greenwich Mean Time 0900 Switzerland ZEW target. US dollar/Swiss franc date graph target direction varies, MACD is expected to rise, but the stochastic indicator in ultra buys the region to transfer is expected to fall. The support position in 1.1596 Swiss francs (yesterday low point), after breaking, under looked that 1.1555 Swiss francs (on 55th moved even line), the resistance position in 1.1720 Swiss francs (yesterday high spot), was 1.1740 Swiss francs (Monday high spot).

Eur/USD: Still obviously held steadily

Exchange rate after North America time interval a euro/pound support the Asian city opening price nearby 1.3000 grades, the exchange rate also receives the equity accounts to meet buys up the support lowly. The market reported that uses in common cannot repay 1,000,000,000 US dollars debts after June the stock market to fall, but euro/US dollar still held nearby 1.3000 steadily, but the exchange rate builds the bottom after 1.2900 the dead end returns makes up.
A euro/US dollar resistance located at yesterday high spot 1.3038, this week the high spot 1.3075 is the further resistance, the hour chart support is located at 1.2980/85, will break this to see to aim at 1.2950/60 gaps to fill. the risk loathing mood has controlled the euro/US dollar Wednesday's trend, returned to makes up the impetus the US stock market early market bounce and the dead end, the exchange rate broke through 1.3000 integer important passes. But the spread prospect worsens, as well as the US stock market closing killed falls, enhances has taken refuge from danger the mood, has suppressed the exchange rate upward tendency. the euro/US dollar New York time interval opens nearby 1.2957, under after the early market exchange rate searches 1.2910, stands firmly the rise. Afterward, is returned to makes up the impetus the dead end, the exchange rate broke through 1.3000 integer important passes, rises to time interval new high 1.3036.
Noon the plate, the exchange rate returns from this high spot removes stands firmly to 1.2990. The closing, the exchange rate two times traces high 1.3036 to hit an obstruction recedes, afterward returns removes continues the narrow reorganization to 1.3000 integer levels, and until closing. the euro opens on Wednesday in 1.2949, in Japan the respected opinion 1.3036, sees 1.2889 lowly, the oscillation amplitude reaches 147 spots, receives finally in 1.2996, compares the closing price to rise 52 points on Tuesday, the increase scope 0.41%. euro/US dollar breaks through upwardly by might and main, hour chart 5 the daily average hairs breadth is located at 1.3050 in 1.3028,55 daily average hairs breadths in 1.3027,11 Zhou Junxian, the US stock market small scale rises as if provides the support for the exchange rate. The exchange rate recent high spot and the low point 1.3735/1.2458 50% chapter of files are located at 1.3245 located at 1.3090,61.8% chapter of files located at 1.2945,38.2% chapter of files, but the anticipated exchange rate will not have the too big change recently, will hold in the near future possibly guarantees the advantage in the hour chart to add on steadily the channel the axle above 1.3020/55.

USD::Call-back reorganization trend

yesterday US dollar index is highest bounces to 86.75, the lowest call-back to 86.10, closes in 86.20. Europe is the currency trend continues to split up. And a euro/US dollar trend is strong, a euro/US dollar lowest call-back to 1.2889, bounces high to 1.3035, closes in 1.3018. US dollar/auspicious court attendant is highest bounces to 1.1418, the lowest call-back to 1.1598, closes in 1.1642. But pound/US dollar bounced yesterday is blocked under 1.4690, fell 1.4399 largely, closed in 1.4502. the Britain announces on Wednesday the data demonstrated that British in March is unemployed the application population to increase 73,700, anticipated increases 12.1; British in March the Public sector only loans + 19,100,000,000 pounds, anticipated + 16,150,000,000 pounds; British in March Government revenue and expenditure short difference + 28,400,000,000 pounds, anticipated + 16,500,000,000 pounds. At the same time, the British Central Bank announces in April conference summary demonstrated that MPC by 9:0 through the maintenance interest rate invariable decision, and the consistent decision continues to advance 75,000,000,000 pound property purchase plan, is mainly thought that the environment has not presented the substantive change, therefore is not the unnecessary change property purchase plan. The British Debt Administrative bureau said that in 2009-2010 fiscal years, the plan distributes 2,200 hundred million pounds national debts, this will enlarge the pound the money supply, simultaneously will urge the foreign investment to flow out Britain, then suppression pound.
Although the Eurozone economy is appearing stands firmly the sign, this and is insufficient to support the euro. Although euro/US dollar presented certain scope yesterday the bounce, but, the city were still many to a euro disadvantageous factor, in view of the fact that the European Central Bank will relax further monetary policy, the Eastern European country still has the big violation risk, as well as the European investor's fund flowed to US's enterprise debt market, the euro was still very frail. Yesterday the American Stock market has not continued the day before yesterday's bounce trend, but appeared receded, Dow Jones index closing in 7886.57 points, closing fell 82.99 points, also has affected Europe is currency bounce dynamics. border Fund of monetary assets Organization (IMF) estimated American and Europe's bank needs before next year through puts up shares the way to increase funding 8,750 hundred million US dollars, can make the capital in cash rise to erupt before the financial crisis the level; But they, if wanted to achieve the mid-1990s's capital in cash level, then needed to put up shares increases funding 17,000 hundred million US dollars. The so large amount call for fund had reflected this financial crisis the injury which the Banking industry creates for Europe and America. IMF said that the financial crisis is declining with the global economic continues to deepen together. Banking industry's trouble expanded from the mortgage service to the commercial real estate loan and the emerging market bond service. IMF estimated that from 2007 to 2010 period, American, European and Japan's financial industry will amount to faced with 4,100,000,000,000 US dollars losses. And the banking industry faces the loss is 2,500,000,000,000 US dollars, the loss which the insurance business face is 3,000 hundred million US dollars, other financial organ faces the loss is 1,300,000,000,000 US dollars. Moreover, IMF said yesterday the global economic decline speed is also speeding up, a money market possible need longer time to be able to stabilize down.

The advantage spatial news raids unceasingly, the pound falls

Today the short line meets Gao Zuokong US dollar primarily, the broken position stops damages, has gains above 30 spots to suppose stops wins, opened before the US withdraws all deal putting up for the night in a temple. This strategy suits the earnest money, the actual price may make the reference. US dollar index: May in 86.60----85.90 sector upper limits sell, the effective broken position 30 spots stop damage, goal in sector lower limit. euro/US dollar: May in 1.3070----1.2930 sector lower limits buy up, the effective broken position 50 spots stop damage, goal in sector upper limit. pound/US dollar: May in 1.4660----1.4370 sector lower limits buy up, the effective broken position 50 spots stop damage. Goal in sector upper limit. US dollar/auspicious court attendant: May in 1.1710----1.1580 sector upper limits sell, the effective broken position 50 spots stop damage. Goal in sector lower limit. US dollar/Japanese Yen: May in 98.80----97.50 sector lower limits buy up, the effective broken position 50 spots stop damage, goal in sector upper limit. US dollar/Canadian dollar: May in 1.2440----1.2300 sector upper limits sell, the effective broken position 50 spots stop damage. Goal in sector lower limit. Australian Dollar/US dollar: May in 0.7150----0.7030 sector lower limit buy up, the effective broken position 50 spots stop damage, goal in sector upper limit.