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Gold And Silver: Daily Market Outlook. Feb 22nd 2012
HSBC: Euro Will Strengthen In Q1 2012
Deutsche Bank: Japanese Yen Will Strengthen Further
GBPUSD: Budget Surplus Fails To Support British Pound
AUDUSD: Australian Dollar Exchange Rate Will Depend On Inflation
USDCHF: Lower External Trade Surplus Fails To Curb Swiss Franc Strengthening
Gold And Silver: Daily Market Outlook. Feb 21st 2012.
Gold And Silver: Daily Market Outlook. Feb 20th 2012
Crude Oil Market Outlook. Feb 17th 2012
Gold And Silver: Daily Market Outlook. Feb 16th 2012
Crude Oil: Prices Hit 6-Month High
Sugar Market Outlook. Feb 15th2012
European Natural Gas Crisis: Natural Outcome or Russia’s Game?
Citigroup: Euro Zone May Follow In Steps Of USSR’s Ruble Zone
Nuclear Energy: Present And Future
European Budgetary Union: Illusion or Way Out Of Debt Crisis?
Separatism in Scotland: Threat or Panacea for the United Kingdom?
Investing In Video Games: Pay To Play Or Free To Play?
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Foreign exchange market
GBPUSD Outlook
27 January 03:48 AM
The Bank of England made an official statement: It is ready to keep stimulating the UK economy, with expanding the financial support for the country’s credit and financial institutions. According to Mervyn King, the main goal is to support the UK economy during another global economic slowdown.
This year is expected to be a tough one for the UK as it is time to pay the debts and shift the economy towards export and investments. Mervyn King expressed his concerns over the economic slowdown on India, China and Brazil and the prolonged eurozone crisis, saying that the British economy depends on the European and global economies.
In the meantime, GBPUSD keeps implementing the bullish scenario given in the outlook for Jan 25th 2012. According to the Department of Masterforex-V trading System, the price is currently forming wave А(С)/С inside a major upswing – wave A/B. The closest resistance is the MF pivot 1.5773.It is necessary to pay attention to the following Fibonacci levels: 1.5719, 1.5777, 1.5809, 1.5869. A break below the MF sloping channel and pivot 1.5531 will finish the rally.
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Gold And Silver: Daily Market Outlook. Feb 22nd 2012
HSBC: Euro Will Strengthen In Q1 2012
Deutsche Bank: Japanese Yen Will Strengthen Further
GBPUSD: Budget Surplus Fails To Support British Pound
AUDUSD: Australian Dollar Exchange Rate Will Depend On Inflation
USDCHF: Lower External Trade Surplus Fails To Curb Swiss Franc Strengthening
Euro Rate: Can One Survive in the Narrowing Flat?
Forex news.
Having delved into a range of sub-waves within narrowing correctional flat of h1 wave level at the beginning of the week, EURUSD currency pair is acting in a rather mysterious way at FOREX market. At the same time, one may seek for profit-making market trends at lower timeframes.
EURUSD: Market Outlook
Euro Rate: Good Word and Currency Feels Good
Forex news.
Negotiations of Finance Ministers of euro zone on the matter of “final” approval of Greek support package to Greek has lasted for over 12 hours. By 7 a.m. Moscow time the decision has been made. The second, 130 billion euro, support package has been assigned to the country. Greek Prime Minister Lucas Papademos has called this occasion “historic”.
Euro Rate: Adherence to Bullish Trend
Forex news.
Not waiting for the start of European trading session at FOREX market, EURUSD currency pair has jumped 100 points up to the point of 1.3293, having exceeded yesterday’s local maximum. This has proved the high inertness of price and adherence to the trend.
At the same time, timeframes from m5 to h1 give signals of the possible termination of rising trend in the nearest future. The period of the session currently shows a combination of waves "А" and "В" of m15 level. From the point of view of traders, profit-making falling wave "С" would be desirable in the nearest future.