posted by

liorcohen

9 hours ago

in Weekly, Gold, Oil

made popular 9 hours ago

During recent week the variance of the daily percent changes of these metals’ prices declined; by the end of the week silver prices fell while gold prices didn’t do much and remained around the 1,500$ mark.

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Article source: http://www.freshpips.com/Gold/Gold_didnrsquot_move__Silver_kept_on_falling_ndash_weekly_recap/

Article source: http://www.freshpips.com/GBP/GBPUSD_Outlook_for_May_16-20/

posted by

BinaryOptionStrategy

34 minutes ago

in USD, Technical, Gold

made popular 27 minutes ago

Markets
Markets closed lower after a volatile week marked by volatile prices of commodities and currencies, as investors wrestled with the of a worsening European debt crisis and a global economic slowdown.
The Dow Jones Industrial Average fell 42.99 points this week, or 0.34 percent, to close at 12,595.75. On Friday, the blue-chip index sank 100.1

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Article source: http://www.freshpips.com/USD/Binary_Options_Report_May_9-_April_13/

0.25 %
0.10 %

USD/JPY : 0.15 %

Article source: http://www.mataf.net/en/forex/usdjpy#13/05/2011 05:56

0.25 %
0.25 %

USD/CHF : 0.00 %

Article source: http://www.mataf.net/en/forex/usdchf#13/05/2011 05:52

1.25 %
0.25 %

EUR/USD : 1.00 %

Article source: http://www.mataf.net/en/forex/eurusd#13/05/2011 05:56

So far, we have reported the minutes of the last meeting of the Bank of England (BoE). According to the report, the decision to keep interest rates at 0.50% was unanimous, but noted that they need a fiscal control “adjusted” to control inflation levels. For its part, the BoE said that the Eurozone recovery remains fragile and that the depreciation of the pound over stimulus plans offset the weakening economy. Similarly, the ILO unemployment rate in the UK recorded a further increase in February, to settle at 8.0%. However, the pound advanced against the dollar, after news that the Initial jobless fell three times faster than expected in the previous month.
For the next few hours, the eyes will be on MBA mortgage applications and weekly petroleum inventories in the U.S., while in Canada, published the results of the wholesale sales in February.

With regard to raw materials, a barrel of West Texas oil is trading at 84.25 dollars on the New York Mercantile House. Since the beginning of the session, the black gold is appreciated 0.74%, registering a 84.60 daily maximum dollars. Now, after drilling the 61.8% fibo of drawn between 83.83 and 83.62, crude oil goes to 50% last long stroke. For the next few hours, we are mindful that if the weekly oil inventories recorded a further cut in the previous week, oil could offer a fabulous rally up to 85.00 dollars.
Finally, in the securities field, the selective in the Asian region closed with green numbers, after the excellent quarterly results from Apple and Yahoo. In Europe, operating indicators Old upward, accompanying the reaction in Asia, while Wall Street, U.S. futures bode parquet logon profits.

Levels and key trends:

EUR / USD (euro against the dollar): The euro could not stand on the barrier of 1.35, which has made it that goes up to 1.34. At this time, try to bounce from 1.34, which try to go for the top of the bearish channel, drawn from the maximum of 15 April. If overcome, you will find the best of yesterday, where the drilling would open a movement toward the 1.36. A downward, breaking the 1.34 barrier will be key to see a bearish intraday wave. The lens is located in the 1.33, however, by the way are outstanding 1.3366 and 1.3342, which seek to turn the pair. A great strength of the dollar, could lead to the crossing to operate in the European minimum.

USD / JPY (dollar against the yen): The dollar has rebounded strongly from the trendline, which also coincided with the fibo 50 of the upward momentum from last March. At the moment, is trying to break the barrier of 93.43, where to get the daily candle close above it, would attempt to look beyond the 95 yen per dollar. In one hour chart seen enough resistance, which highlight the 92.608/787 and 94.03. A low, could be making a double top at 93.42, so you could again lead to 93. Losing this would be very considerable, so it would not be unusual to even 92,587.

GBP / USD (Pound against the dollar): The pair has done a good double floor that can help you stay above the 1.54 dollars per pound. This will be the key point for today. In case of holding on it, could give a bullish momentum seeking 1.55 barrier. However, the 1.5381 to lose again, you go to test the strength of the double floor commented. It is thought that the third will be lucky and if exceeded, could go without problems until the barrier of 1.52, also at least weekly. The movement of the European morning, it is noteworthy that has overcome the most of yesterday, however, without consolidation, which could be interpreted as lack of strength to reach 1.55.

XAU / USD (ounce of gold against the dollar): Gold has failed to beat the control area in the 1145 mark yesterday, forming a double top. The yellow metal could go to seek contact with the guideline aiming upward of $ 1,155. A low, after the double top, might seek to break the trend long drawn on the chart at a time from the April 19, which would open the doors to an upper limit at $ 1,131 per ounce.

Opportunities of the day:

USD / CAD (Canadian dollar against the U.S. dollar): The Canadian dollar has already made new annual lows. Currently listed on the values that he did not since June 2008, which is very significant. The next significant support is located at 0.9822, which is the mainstay of May 2008. Furthermore, care must be taken as the rebounds at the junction are important, and after the incredible movement of yesterday, could seek an amendment seeking parity. If you exceed the annual minimum old, located in the 0.9954, zone of possible pullback could return up to 0.9977.

EUR / JPY (euro against the yen): The couple has an upward trend in one hour chart quite relevant, which might come into play should not exceed the maximum yesterday. The Bull, the mainstay seems the 124.45, which could send the pair to by 125.27. Once consolidate the area, could make a move up to 126 days before the control area. Today would not be surprising a strong movement of the euro, if the quarterly results at U.S. companies continue to show that the global economy is recovering, a new day will be bearish for the yen. In this case, the goal would be 126.30.

On the other hand, the Consumer Price Index from United Kingdom has been above expectations in both annual rate, as in the month. Watch for possible pre-election ads in the UK, where one of the central themes will be inflationary risks and the high fiscal deficit British. After knowing the results, the cable to trade picks up right now next to the goal of 1.5400 dollars per pound. For the next few hours, the eyes will be on the decision on interest rates Bank of Canada (BoC), the testimony of the president of the U.S. Federal Reserve (FED), Ben Bernanke, oil inventories and API Consumer Confidence ABC / Washington Post U.S.

In the securities field, the selective in the Asian region closed virtually unchanged with the exception of the Hang Seng in Hong Kong that showed 1%. In Europe, the floor of the old continent operate on the rise, after Goldman Sachs prospects for strong earnings record. On Wall Street, U.S. futures predict a sign with green numbers.
With regard to raw materials, a barrel of West Texas oil (WTI) recovered from losses in the day yesterday, to trade at 82.62 dollars on the New York Mercantile House (NYMEX). For the next few hours, be attentive and not waste the opportunity to capitalize on the routes that could generate the loonie if API oil inventories exceeding expectations. Upwards, the resistance to consider is at 83.45, while the low, the nearest support is at 82.48 dollars.

Levels and key trends:

EUR / USD (euro against the dollar): The downward trend continued on foot to continue to let minor maximum daily chart. The latter has been in 1.37, a level that should be taken into account if the euro rebound from minimal. Yesterday, he did a good turn of 1.35, but today has picked up again. If you can not stay above it, you might also do the same with 1.34, for moving to the monthly minimum. Highlight the small upward trend linking the minima of 2009 and 2010. Upward, holding above 1.35, could go to the 1357 attack. A strong movement of the euro may find the 1.36.

USD / JPY (dollar against the yen): The yen has made a strong pullback on the trend line since 2007, he has done to break the guideline chart bearish than an hour last week. If you consolidate the 92,587, could try to find the 93 yen per dollar. On the other hand, re-splitting the downtrend, a move would open up to 92.2, if not hold, the crossing back to the trend.

GBP / USD (Pound against the dollar): The pound has already made a big move, so it would not be surprising that they take a break before continuing its upward trend. A good place might be the 1.54. Although, today’s surf zone is also an interesting point. The next significant resistance is located at 1.5474 before reaching the monthly maximum area of 1.55. At this point, care should be taken, as operators of the dollar could be made shorter.

XAU / USD (ounce of gold against the dollar): Gold rebounded yesterday just before the 1123, and now goes to the 1155, can delay the movement until 1158. However, the road must take into account the noise zone located in the $ 1,144 per ounce. In one hour chart, you can trace an upward trend since at least yesterday, that if the drill, the yellow metal could lose 1133.8, which would lead to minima yesterday.

Opportunities of the day:

USD / CAD (Canadian dollar against the U.S. dollar): The pair continues the downward trend is in place since February. This point may be the most important day, because if not return to attack than parity in the exchange rate. The formation of the candles is clearly bearish, and it also coincided with the annual minimum old. If the above will be put on the way toward 1.0275. In one hour chart, you can see how it has formed a “Shoulder Head Shoulder”, where after breaking his collarbone can think of a continuation of the movement. Along the way are outstanding 1.01 minimum today.

USD / CHF (dollar against the Swiss franc): The pair has found good support in settings of 1.0623, which can make you reach the top yesterday. In this case, once there, could continue to escalate, with its sights set at 1.0745 francs per dollar. A low, losing the support of 1.0623 will not be easy because he too is very close to the 1.0613, which seek to bring the maximum price for. However, if successful could reach the minimum yesterday.

For its part, China is not surprising we disclosed after the Gross Domestic Product in the first quarter of 2010 has exceeded expectations, as it fell by 11.9% when estimated a recovery of 11.5%. However, although the data is significantly positive, we must be attentive to the statements that might herald the Chinese government to control the risks of overheating in the economy, as well as a change in monetary policy to curb rally inflation. Remember that tomorrow starts the Summit BRIC (Brazil, Russia, India and China) in Brasilia. Among the topics to be discussed are the global financial crisis, economic recovery and development of the Yuan currency has been on the core issues after Washington press for a future revaluation. It should be noted that the group, constitutes 20% of the economy, 42% of the population, 14.6% of GDP and 12.8% of global trade, rather than data taken into account.
For the next few hours, the eyes will be across the ocean with the Initial jobless, the Empire State Manufacturing Survey of New York, March industrial production and long-term TIC Flows in the U.S..

In the securities field, good quarterly results from JP Morgan Chase and Intel Corp., with the upturn in China’s 1Q GDP have led to selective Asian maximum of 22 months, while in Europe, the floor of the old continent operates on the rise, with the prospect of U.S. macro data and Q earnings from Google will exceed expectations.

With regard to raw materials, the WTI barrel makes a technical bounce after a sharp downward correction, to trade at this time to 85.77 dollars on the New York Mercantile House (NYMEX). Since the beginning of the session, crude depreciated 0.3% since the start of session. For the next few hours, traders await an intraday spike to the ceiling located in 86.07, then consolidated between 85.25/85.38 dollars.

Levels and key trends:

EUR / USD (euro against the dollar): The euro has lost during the morning of 1.36, which has precipitated the price up to 1.3536, a level of interest in advance. It is close to closing the gap around the week it opened. The 1.3536 can hold and is an area where operators seek euro bullish positions. A low, losing 1.3536, the pair slip up to 1.35, second area of potential upward bounce. This is also where lie the 200-day Moving Averages in an hour. Therefore, a level not easily broken, however if successful could precipitate the pair in the direction of 1.34.

USD / JPY (dollar against the yen): Yesterday the dollar’s aspirations were dashed when they crossed 200 days in MM graph of a time in the 93,608, maximum area weekly. Today, after yesterday’s bounce from about 92.87, the MM discussed have again turned to the price. Therefore, we must be attentive to them, as a perforation of them could make the two new roofs made weekly. The objective here would be 94.03, but down the road you will find the maximum of 93,787 last Friday in the. To do this, should rebound strongly from the 93. A low, losing the support of 93 yen per dollar. If the yen is very strong, could try to reach the weekly minimum.

GBP / USD (Pound against the dollar): The pound has not kept about 1.55, which has led the pair to break the upward trend that had drawn from at least April 8. In these moments, found some support in the 1.54 with lows yesterday. If you continue giving levels, the goal is set at 1.5337, the minimum weekly. The Bull, could rebound on the rise looking to los1.5437 1.54.

XAU / USD (ounce of gold against the dollar): The yellow metal could result in a sale if you lose interest in the rising trend, which currently is being conducted. In 1148.6, could be the next stop, where he will meet with the MM 200 days in one hour. A stronger sales could look for 1144. An exaggerated movement downwards, could look past levels situated in 1141/39. Upward trend or remain on the bounce in the MM could push the pair looking for $ 1,160 an ounce.

Opportunities of the day:

USD / CAD (Canadian dollar against the U.S. dollar): The price after having drilled parity levels, after having served a noise level of 0.9951 has been turned and it seems that the price starts to seek immediate resistance located at 1.0019. This shift may have two interpretations: 1. That price will make a pullback on the line has been drilled and 2. The price has hit bottom and begin a gradual recovery and appreciation against the dollar. The maximum strength of this break would give scope to reach the next level of resistance located at 1.0026 but the price should create supports for the climbing has consistency.

EUR / GBP (Euro against the pound): The pair has found a strong resistance on 0.8864, which has brought the price to close the gap that opened the week. It is hoped that by continuing the downward trend, continue to seek new lows of 0.8751 with the following objectives. However, it would not be surprising if the minimum goes up on Friday. On the other hand, both levels are areas where you could turn the price. The aim must be to be about 0.88, mainstay of the week. From a fundamental standpoint, the spread between the Greek and German bond is put back above 400 basis points, thanks to rumors that the European bureaucracy could make that money does not arrive on time.

Among other things, we learned that the Consumer Price Index (CPI) monthly and annualized in Germany. According to the Bureau of Statistics, inflation was in line with expectations, as it fell by 0.5% in the monthly rate, while the year was 1.1%. It has also been reported that the Housing Price Index UK DCLG grew annually by 7.4%, 1.2% above the previous figure but 0.2% below forecasts, while the trade balance registered a deficit of 2.1 billion pounds, reflecting the slow recovery of British foreign trade.

For the next few hours, the eyes will be on the trade balance and the price index of new homes in Canada, the Trade Balance and Consumer Confidence ABC / Washington Post U.S. and New Zealand retail sales.

On the other hand, increase the prospects for the Chinese government might let its currency fluctuate, the yuan. In the market, traders estimated that the Asian currency could leave the exchange rate fixed at 6.82 for the June 30, after the United States repeatedly asked to appreciate its currency after seriously affect American foreign trade. For next week, be alert to the meeting between top leaders and how they impact on their respective currencies. For their part, Asian economies will grow by 7.5% in 2010, fueled mainly by increases in China’s GDP (9.6%) and India (8.2%), according to predictions from the Asian Development Bank (ADB) released today in Beijing. The ADB forecast for China, reflecting a growth of the third world economy of 9.6% in 2010 and 9.1% in 2011.

In the securities area, the old continent selective closed the session lower, after the metal Alcoa Inc. will publish quarterly profits lower than expected, which shrink optimism about a good start of the “Q earnings.” For this week, the most important results are those of JP Morgan Chase, Bank of America and General Electric. In Europe, the floor of the old continent operates downwards, while in the U.S., Wall Street futures foretell an early session losses.

With regard to raw materials, a barrel of West Texas oil (WTI) is listed at this time to 83.62 dollars on the New York Mercantile House (NYMEX). Since the beginning of the session, the black gold is depreciated 0.8%, registering a 84.26 daily maximum and minimum at 83.43 dollars. For the next hour, mindful of the Inventory API weekly U.S. oil, which recorded an increase could lead to the black gold to the bearish target located in the 83.00 dollars. The Bull, the next roof is in the 38.2% fibo drawn between the maximum and minimum of 83.74 U.S. dollars today. Mindful that it could increase the demand for dollars as the value of shelter if the quarterly results today do not meet U.S. expectations.

Levels and key trends:

EUR / USD (euro against the dollar): The euro yesterday managed to maintain for the environments of 1.36 dollars per euro, is now inviting the European currency could progress. The aim will exceed maximum yesterday to try to beat the 1.37, opening the possibility of breaking the 1.38, the key level for a major correction. A lower, losing 1.36 definitely could slide to the crossing to close the gap reaching up to 1.35. Once there, you may continue to seek to break the Moving Averages (MM) of 200 days in an hour searching the barrier of 1.34.

USD / JPY (dollar against the yen): The pair seems not to have endured over the 23.6% fibo, which is by sliding it toward its next target in the 92,172. The area is very significant because it also coincides with the setbacks 38.2. This could be making a pullback on the 23.6% fibo. The next step would be to lose the 93 to make new lows intraday. The Bull, one can think that has consolidated over 93, and the next step is to pull himself up to 93,324, seeking to reach the highs of yesterday.

GBP / USD (Pound against the dollar): The pound has managed to form a good support in the environments of 1.5337, which has led to intraday highs on the way to 1.54. The goal for today is to finish above 1.55, and this is going to cross with a figure bassist in the form of HGH use, at 1.4560/86. Apart from these two levels, do not get pull himself up from the 1.5381 1.54 will remain. In this case, the objective will lose 1.5337, for moving to the area of 1.5276 along with the MM 200 days in one hour.

XAU / USD (ounce of gold against the dollar): The yellow metal has taken a pretty big break after correction. That it has formed a support in 1150, so you can make new highs retry. The goal for today could be the 1160. A low, losing the 1150 slides into the next area of control over 1141. If gold loses much force could be up to 1139.

Opportunities of the day:

USD / CAD (Canadian dollar against the U.S. dollar): The pair is again close to parity, although it seems you need more than good news to break. That is, is receiving positive and negative macroeconomic news, so when you receive a number followed by higher than estimated, would lose parity. For today, not to hold the 1.0038 support will make the crossing to slide up to 1.0012. It depends on the strength of the loonie whether he will or not until equality. Upward 1.0038 hold on, could make for a boost up to 1.0050. Once there, the goal will be located at the top yesterday.

EUR / JPY (euro against the yen) is catching the yen against the euro after the yield in the last days. Higher, the price could move back again after closing the gap. The lens is located on the 128, but also might find some resistance at 127.39. A lower, down more than the 126.40, it could bring a new slide to the 125.84. A great strength of the market could look less like the 125.71 media.