Archive for February 17th, 2010

Futures Technical’s

Wednesday, February 17th, 2010

SP 500 Futures: Approaching our target of 1103, which is key resistance for now. A break above this level could force a short squeeze. The close above 1067 Friday opens confirms a near term bottom has been made at 1040.75 and it has potential for a move…
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European Market Update: UK Claims for jobless benefits rise to 1.64M, the highest since April 1997; Reserve diversification issue overhangs recent dollar upward trend

Wednesday, February 17th, 2010

European markets are seeking to print three consecutive sessions of gains. Trading in Asia is winding back up to speed with Hong Kong coming off holiday with a strong +1.31% showing. Gains in Australia, Japan and India set the tone for Europe. Asian tone,…
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US Dollar, Japanese Yen Selling to Continue as Risky Assets Extend Rebound

Wednesday, February 17th, 2010

The US Dollar and Japanese Yen are likely to continue lower against most major currencies in European trading hours as a broad rebound in risk appetite remains the primary driver of price action for foreign exchange markets.

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Asian Market Update: Bank of Japan expected to keep economic assessment unchanged at tomorrow’s decision; Asia equities track US session gains

Wednesday, February 17th, 2010

Asian equity markets are sharply higher, in step with the strong rally in US equities that saw indices close near their best levels of the day. Tech sector is powering a 2.3% Nikkei225 rally, igniting Tokyo stock market to its best level in nearly 2 weeks…
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DAILY FOREX AND DOW JONES RECOMMENDED LEVELS

Wednesday, February 17th, 2010

EUR/USD Today#8217;s support: - 1.3736, 1.3701 and 1.3680(main), where correction is possible. Break would give 1.3658, where correction also may be. Then follows 1.3632. Break of the latter would result in 1.3611. If a strong impulse, we would ……
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USD Graphic Rewind 02.17

Wednesday, February 17th, 2010

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USD/JPY Classical 02.17

Wednesday, February 17th, 2010

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USD/CHF Classical 02.17

Wednesday, February 17th, 2010

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USD/CAD Classical 02.17

Wednesday, February 17th, 2010

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NZD/USD Classical 02.17

Wednesday, February 17th, 2010

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