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Offering A BuyTitle:
Technical analysis of the AUD/USD parity on January 26th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD just validated the breakout of 1.06, offering a new buy signal.
The pair is moving above its falling wedge and above a bullish slant (blue line).
All indicators are bullish.
We continue to advise long positions as far as 1.0450 is support.
The breakout of 1.07 and 1.08 will both give a new buy signal.
In case of return below 1.0450, we will wait a breakout of 1.0350 to advise short positions.
See the previous analysis of the AUD/USD parity of January 25th, 2012
AUD/USD Analysis
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Technical analysis of the EUR/JPY pair on January 25th, 2012
Commentary of the EUR/JPY pair :
The pair EUR/JPY has continued yesterday its bullish rally and has validated the breakout of the resistance at 101, offering a new buy signal.
The pair continues to move above its bearish slant (purple line).
All indicators are bullish.
We continue to advise long positions as far as 100.50 is support.
The breakout of 102 and 103 will both give a new buy signal.
In case of return below 100.50, we will wait the breakout of 100 to advise short positions.
See the previous analysis of the EUR/JPY pair of January 24th, 2012
EUR/JPY Analysis
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Technical analysis of the AUD/USD parity on January 24th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated yesterday the breakout of 1.05, offering a new buy signal.
The pair is currently testing a pullback on this level.
The pair is moving above its falling wedge and above a bullish slant (blue line)
All indicators are bullish.
We continue to advise long positions as far as 1.04 is support.
The breakout of 1.06 and 1.07 will both give a new buy signal.
In case of return below 1.04, we will wait a breakout of 1.0350 to advise short positions.
See the previous analysis of the AUD/USD parity of January 23th, 2012
AUD/USD Analysis
Title:
Technical analysis of the EUR/JPY pair on January 24th, 2012
Commentary of the EUR/JPY pair :
The pair EUR/JPY has validated yesterday the breakout of the resistance at 100, offering a new buy signal.
In extension, the pair reached the resistance at 100.50 to make a pullback on 100 as support.
The pair continues to move above its bearish slant (purple line).
All indicators are bullish.
We maintain to trade only long positions as far as 99 is support.
The breakout of 101 and 102 will both give a new buy signal.
In case of return below 99, a sell signal will be given.
See the previous analysis of the EUR/JPY pair of January 23th, 2012
EUR/JPY Analysis
Title:
Technical analysis of the EUR/USD pair on January 24th, 2012
Commentary of the EUR/USD pair :
The pair EUR/USD has validated yesterday the breakout of 1.30, offering a new buy signal.
In extension, the pair reached the resistance at 1.3050 and is currently testing a pullback on 1.30.
All indicators are bullish.
We continue to advise long positions as far as 1.29 is support.
The breakout of 1.31 and 1.32 will both give a new buy signal.
In case if return below 1.29, we will wait the breakout of 1.2850 to advise short positions.
See the previous analysis of the EUR/USD pair of January 23th, 2012
EUR/USD Analysis
Title:
Technical analysis of the AUD/USD parity on January 23th, 2012
Commentary of the AUD/USD parity:
The pair AUD/USD has validated on friday the breakout of 1.04, offering a new buy signal.
The pair made an exit of its falling wedge and is now moving a bullish slant (blue line).
The pair is currently testing the resistance at 1.05.
All indicators are bullish.
We continue to advise long positions as far as 1.0350 is support.
The breakout of 1.05 and 1.06 will both give a new buy signal.
In case of return below 1.0350, we will wait a breakout of 1.03 to advise short positions.
See the previous analysis of the AUD/USD parity of January 20th, 2012
AUD/USD Analysis
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Bernanke near inflation target prize, but jobs a concern
(Reuters) - The Federal Reserve could take the historic step this week of announcing an explicit target for inflation, a move that would fulfill a multi-year quest of the central bank's chairman, Ben Bernanke.
An inflation target would be the capstone of Bernanke's crusade to improve the Fed's communications, an initiative aimed at making the central bank more effective at controlling growth and inflation. It would, at long last, bring the Fed into line with a policy framework used by most other major central banks.
Bernanke has made clearer communications a hallmark of his leadership, and bit by bit, he has worked to cast light on what for years had been purposefully opaque and secretive deliberations.
He has even given the campaign a personal stamp, contrasting his plainspoken and ...
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A Real Stress Test: Could Any Major Bank or Developed Nation Survive?
Last week, Spain and Italy were able to offload 22 billion euros worth of debt. This quieted investors’ fears. Newspapers reported that calm and confidence had returned to the markets. Lenders and borrowers breathed more easily. Bankers put their feet up. Apparently, no major bank in Europe was so far underwater that the European Central Bank couldn’t bring it to the surface. None had its lungs so full of bad debt that the ECB cannot breathe life into it.
Then, on Friday, S&P downgraded several European nations’ debt. This brought the debt of Europe’s stabilization fund, the EFSF, into doubt too. Suddenly, Europe was gurgling again.
Mario Draghi, head of the European Central Bank, wondered on Tuesday if the ratings had any value. After all, he had given the banks 489 billion euros in ...
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Analysis: Equity risk premium set to shrink
The extra return demanded by holders of European equities over safe-haven sovereign debt is set to retreat from record highs unless investors' worst fears over global growth come true.
That return, known as the equity risk premium, is a measure of relative value between stocks and bonds and stands at twice its long-term average, Thomson Reuters data showed. While various measures of earnings growth and bond yields will produce slightly different figures, the trend remains the same.
One part of the risk equation relies on stock prices, which many think have fallen too much, while the other rests on the yield offered by countries such as the United States, the UK and Germany on their debt, and here things are far from normal.
Central bank stimulus efforts in the first two countries and ...
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