1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Daily Forex Market by FXCC 07Feb2012

Discussion in 'Market Predictions and Reports' started by alayoua, Feb 7, 2012.

  1. alayoua

    alayoua Banned

    Joined:
    Jul 19, 2011
    Messages:
    0
    Likes Received:
    0
    Daily Forex Market by FXCC 07Feb2012

    Euro in limbo due to Greece stalemate..
    The euro traded at $1.3122 as of 8:08 a.m. in Tokyo from $1.3130 in New York yesterday when it fell 0.2 percent. EUR/USD is trading a tight 1.3109-33 range in Tuesday’s Asia-Pacific session, last seen printing in the 1.3120 price zone, just above the 50-day EMA. The common currency was little changed at 100.47 yen after losing 0.3 percent yesterday. The dollar fetched 76.56 yen from 76.55. GBP/USD is trading in consolidation mode after rising around 100 pips during the days sessions from an intra-day low at 1.5730 to reach a daily high at 1.5840 on the back of talks on a possible Greece agreement. The pair is pricing at 1.5825, moving in a small range between 1.5820 and 1.5830. USD/CHF falls below 0.9200. The Dollar is currently trading lower versus the Swiss Franc. After testing highs at 0.9260, the USD/CHF fell sharply losing more than 90 pips to reach levels below 0.9200 and trade close to 0.9180. Price has been hitting 0.9200 in the early part of the Asian/Pacific session.

    AUD/USD has been (late evening/early morning) in a consolidation range, trading between 1.0680 and 1.0763, ending the day lower at 1.0723, 25 pips below its starting price. In the Asia-Pacific session the paring is virtually unchanged, hovering circa 1.0720, as investors await the RBA interest rate decision. The Canadian currency, nicknamed the loonie, appreciated 0.9 percent to 99.34 cents per U.S. dollar yesterday in Toronto, from C$1.0018 on Jan. 27, the longest winning streak since the four weeks ended Oct. 28. The loonie touched 99.28 cents yesterday, the most since Oct. 31. One Canadian dollar buys $1.0066. At 1:00 am the price is currently 99.61 down 0.02 in the first part of the Asian/Pacific session.
    Read More

    UPCOMING EVENTS
    2012-02-07 03:30 GMT | Australia RBA Interest Rate Decision (Feb 7)
    2012-02-07 05:00 GMT | Japan Leading Economic Index (Dec) Preliminar
    2012-02-07 11:00 GMT | Germany Industrial Production s.a. w.d.a. (YoY) (Dec)
    2012-02-07 11:00 GMT | Germany Industrial Production s.a. (MoM) (Dec)

    FOREX NEWS
    2012-02-07 05:03 GMT | Japan Dec Coincident Index increase to 93.2
    2012-02-07 05:02 GMT | Japan: Leading Economic Index (Dec): 94.3
    2012-02-07 03:30 GMT | RBA Interest Rate Decision steadies at 4.25% in Feb 7
    2012-02-07 00:01 GMT | UK - BRC Retail Sales Monitor - All (YoY) -0.3% in Jan

    ---------------
    EURUSD 1.31137 / 1.31144
    DAILY WEEKLY MONTHLY
    High: 1.31366 | Low: 1.30891 | Chg: -0.0017 -0.13%



    1.3247 | 1.3205 | 1.3167 | 1.3141
    1.3026 | 1.2962 | 1.2909 | 1.2873

    SUMMARY : up
    TREND : sideway
    MA10 : bullish
    MA20 : bullish
    STOCHASTIC :: neutral


    MARKET ANALYSIS - Intraday Analysis

    Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae, ultricies eget, tempor sit amet, ante. Donec eu libero sit amet quam egestas semper. Aenean ultricies mi vitae est. Mauris placerat eleifend leo.

    ---------------
    GBPUSD 1.58071 / 1.58081
    DAILY WEEKLY MONTHLY
    High: 1.58314 | Low: 1.57962 | Chg: -0.0016 -0.1%



    1.5919 | 1.5882 | 1.5860 | 1.5831
    1.5729 | 1.5704 | 1.5653 | 1.5604

    SUMMARY :up
    TREND : up trend
    MA10 : Bullish
    MA20: bullish
    STOCHASTIC : oversold


    MARKET ANALYSIS - Intraday Analysis

    Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae, ultricies eget, tempor sit amet, ante. Donec eu libero sit amet quam egestas semper. Aenean ultricies mi vitae est. Mauris placerat eleifend leo.

    ---------------
    USDJPY 76.665 / 76.669
    DAILY WEEKLY MONTHLY
    High: 76.78 | Low: 76.517 | Chg: 0.118 0.15%



    77.92 | 77.68 | 77.29 | 76.80
    76.49 | 76.25 | 76.01 | 75.54

    SUMMARY : up
    TREND : up trend
    MA10 : bullish
    MA20 : bullish
    STOCHASTIC : oversold


    MARKET ANALYSIS - Intraday Analysis

    Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae, ultricies eget, tempor sit amet, ante. Donec eu libero sit amet quam egestas semper. Aenean ultricies mi vitae est. Mauris placerat eleifend leo.

    Source: FX Central Clearing Ltd, (ECN Forex Trading | ECN Forex Broker | Forex Trading Accounts | FXCC)
    URL: https://support.fxcc.com/email/technical/07022012
     

Share This Page