USD /JPY

Attempts to break the region 94.90/95.00 continue, and if a breakthrough had occurred, the primary purpose is likely to become a region 95.30/40. Oscillator and RSI trend OsMA indicator at the 4-hour graph (Figure 1) supports our assumption, showing bychyu focus. However, Stochastics SS confidently rushed down, not excluding the likelihood of a move. At the time schedule (Fig. 2) the picture was in our favor: All indicators are directed upwards.

So, in my opinion, is to wait for a breakthrough 94.90/95.00, and only after this open positions for buying with a close stop-loss.

Support: 94.60/50, 94.10/00, 93.60/50, 93.20/00, 92.85/70, 92.40, 92.00, 91.55, 91.00, 90.70, 90.00, 89.70, 89.00, 88.40, 88.00.

Resistance: 94.90/95.00, 95.30/40, 95.90/96.00, 96.30, 96.60, 97.00, 97.50/75, 98.00, 98.35, 98.60, 98.90/99.00, 99.40/60, 100.00.

USD /CHF

After considerable growth in prices stumbled on the 1.0900 resistance level, and did not manage to punch him, began to roll, currently testing the area of support 1.0840/50. If you will be able to breakthrough, the primary goal likely would be the level of 1.0800. In favor of such an outcome indicates that, at the 4-hour graph (Fig.3) trend indicator OsMA, as well as oscillators turned down. The situation at the time schedule (Fig. 4) is contradictory: OsMA and RSI moving down, and SS turned up, including the likelihood of re-testing indicated resistance.

In the light of the above, in my opinion, is to wait for a breakthrough this level of support and only then consider selling with a close stop-loss.

Support: 1.0840/50, 1.0800, 1.0750/60, 1.0730, 1.0700, 1.0650/30, 1.0615/00, 1.0550, 1.0500/1.0490, 1.0400, 1.0350, 1.0300, 1.0250, 1.0200, 1.0175, 1.0130, 1.0100, 1.0070.

Resistance: 1.0900, 1.0935/40, 1.0970, 1.1000/10, 1.1050/60, 1.1100/20, 1.1150, 1.1200/15, 1.1270, 1.1320, 1.1375, 1.1400, 1.1450.

EUR /USD

Support 1.4000 nevertheless been able to stop the fall of the euro, which at the moment and trying to test revert 1.4070/60. Click to continue »

On Friday, equity markets frozen in anticipation of the U.S. GDP for the 2 nd quarter. In case of deviation from the real data forecast, we see sharp movements in stock markets. Let's try to analyze what we expect from the data on the economy of America for 2 square meters.

Let's start with the UK, published data on its GDP the previous week. They presented an unpleasant surprise for investors, showing a decline of -0.8% versus expectations of -0.3%. Hopes for a rapid exit the economy of this country of the worst recession did not materialize, even though the emergence of green sprout into a number of predictive indicators.

So, that includes data on U.S. GDP: consumption of goods and services, investment, government spending, balance of trade.

Special attention of investors in the GDP will certainly be drawn to the level of personal consumption of Americans, which currently occupies about 56% of U.S. GDP. Given that America is a net importer of goods and services from these data depends, as the level of potential exports from Europe and Asia, and the reduction of fear in the transfer of interest to Americans of the accumulation. I do not think that this component, we will see good numbers, considering that the unemployment rate in the country continues to grow and is approaching 10%, and the savings rate peaked in the last 14 years is 5.7%. Consumers traditionally cut their spending in order to withstand the worst conditions of the crisis for more than 60 years.

component investment. In the second quarter of American companies have continued to work in the preservation of money, reducing capital and investment. For example, the total amount of loans 15 largest banks in the U.S. declined in the 2 nd quarter to 2.8% quarter /quarter., With more than half of total lending went to previously re-made, not on new loans. Click to continue »

Europe

European stock markets on Thursday moved up steadily after the telecommunications sector, which is inspired by the results of the French company France Telecom and British BT, which helped smooth out the unpleasant impression of the failures of the German group Siemens and BASF. Telecommunications sector index DJ STOXX European Telecoms rose 2.11 percent, yielding an increase in only the mining sector, whose index DJ STOXX European Basic Resources jumped to 3.29 percent. Shares in France Telecom went up 2.94 per cent due to the fact that the company reported higher operating profit in the first half than experts thought. Shares BT Group added 12.64 percent, as its operating profit in the first quarter fell not so much as analysts had feared. The papers of German company Deutsche Telekom acquired 1.93 percent, the British Vodafone - 2.27 per cent.

Asia

Asian Markets had resumed growth, with the support of MSCI Asia Pacific Index had a return on the background of Sony Corp. and Datang International Power Generation Co. and commodity markets resume confidence in economic recovery. Sony Shares rose nearly 7% on the Tokyo bid lower than expected losses and reducing the cost of parts. Datang - the second largest manufacturer of electrical products in China grew by 6% at the auction in Hong Kong after the statement that the company's profit in the first half is likely to be 50% higher than the previous period. Shares Rio Tinto Group - rose by 4% at the auction in Sydney after the growth of the price of copper, nickel and oil.

United States

The American stock market closed on Thursday due to growth in quarterly reports of companies, pleased investors. During the bidding SP 500 index soared to almost the maximum of nine mid-session, not dotyanuv just four points before the psychologically significant mark of 1,000 points. Nasdaq technology index for some time rose above 2,000 points - the first time since October last year. But by the end of the session indexes retreated from working height. The growth of the stock market supported the message that the auction of seven gosobligatsy United States has been extremely successful: Ministry of Finance was able to realize the paper to record the amount of $ 28 billion. Shares of financial companies MasterCard Inc rose by three percent due to the fact that its results for the second quarter exceeded forecasts. Papers industrial conglomerate Tyco International Ltd gained 2.9 percent for the same reason. Shares of cell phone manufacturer Motorola Inc went up by 9.4 per cent.

Click to continue »

Yesterday, U.S. stock indices closed assured recovery. Rise, but not growth, as well as on the level of opening, they almost do not change their values. Good corporate records and allowed makrostatistika overseas indices climb to new peaks in 2009 another reason for the growth were the results of the auction for 7-year-old gosobligatsiyam, which had a high level of interest of buyers.

With the assurances from the Chinese monetary authorities that they would not actively restrict bank lending, followed by shares rapidly rose up yesterday and commodity prices. During the day, a mixture of quotes Brent jumped to 5.4%, once again returning to the level of $ 70.5 per barrel. Prices for copper and nickel also rose to 3.6% and 4.6%, respectively.

All Asian stock markets today, following the States is also traded in the zone of strong growth. Click to continue »