Trading in the stock market only in the technical analysis, not paying attention to the movement of currencies and oil quotations, perhaps we could. But we do not dare use a similar trading strategy on their own account. While trading decisions, we will try to take into account as many factors of pricing.

In recent days, we are particularly concerned about the status of the currency market. We have about 40-50% of the assets is in stocks, so we"re afraid actively restoring the position of world currencies against the dollar. While probably infected by an irrational hope, we make the euro a chance to rise above its downtrend the December 1,435 /1,44 EUR /USD. But realize that the chances are small, because the trend is very beautiful and thoughtful smooth rebound within days and within weeks. See strong support to the graph of pair euro /dollar, we found only at the level of - 1.38 (projection down the uplink euros from March 2009) and the level of 1,29 (uptrend against the euro in November 2008).

strong dollar - a weak oil prices. Accordingly, perederzhivat "long" positions on the domestic securities next week, if the euro did not seize the initiative from the dollar will not narrowly arrange the mechanical "stops".

As couples ruble /dollar, if you contact your nearest futures of its technical picture again, as before the new year, is aimed at winning a pair of 32 RUB /USD. (Note that we allowed to translate the proportions of the prices of futures contracts, the language understandable to the townsfolk).

But this time, further raises very serious threat to the dollar rebound in district 34 RUB /USD. Before the new year on such a risk only a hint of a downward projection of the top channel of the dollar. Now is the level of implementation of the "double bottom", which originated in the chart in October 2009 and bought the clear outlines in January 2010. Transition dollar peak in December 2009 31,5 RUB /USD to complete the formation of the figure.

Despite all the foregoing, it is too early to talk about the return of the era of a strong dollar. Hence, the choice of securities that can profit and "bulls" on our stock market is vast.

Figure 1. Si-3.10 (the March contract on the dollar /ruble week cut)

The federal funds rate was maintained at the same level of 0-0.25% per annum
In growth
EU: Greece does not threaten to default and exit from the euro zone.
Litvitsky: external payment position of Ukraine is gradually being consolidated
Tigipko reiterates its neutrality in the second round of presidential elections in Ukraine
Of the shares of oil companies in the positive zone traded Gazprom, the largest decline noted in the securities of Rosneft and Surgutneftegaz
Index of the Frankfurt Stock Exchange Xetra DAX rose 1.05%, the index of the London Stock Exchange FTSE 100 rose to 0,85%
Trading volume on the MICEX derivatives market at 16:00 Moscow time amounted to 4.41244 billion rubles
"IDC Holding" by 2011 fully switch to RAB-regulation