Daily Outlook on Asian currency: USD/IDR April 30, 2013

USD/IDR DAILY OUTLOOK – 9720 30 Apr 2013 02:26GMT Usd’s strg rebound fm 9660 (Apr) to 9725/30 signal pullback fm 9755 has ended there but break of said res is needed to extend twd 9770. Buy on dips for 9750 1st with stop as indicated, below wud prolong choppy trading n risk 9660. STRATEGY : Buy at 9705 OBJECTIVE : 9750 STOP-LOSS : 9685 RES : 9755 / 9770 / 9800 SUP : 9660 / 9605 / 9580

See the original post here:
Daily Outlook on Asian currency: USD/IDR April 30, 2013

DAILY OUTLOOK – USD/JPY : April 30, 2013

DAILY USD/JPY OUTLOOK – 98.07 30 Apr 2013 01:11GMT Dlr’s rebound after extending recent erratic fall fm last Mon’s high at 99.89 to 97.35 y’day suggests a temp. bottom has been made n consolidation wud be seen but as long as 98.48 (prev. sup) holds, afore

Friday’s session proved to be the slow

Market Review Friday’s session proved to be the slow and uneventful affair that we expected. The US GDP announcement was the big event but the result, slightly worse than expected at +2.5% Vs 3.0% exp, was the outcome that had the least chances of generating any meaningful market reaction. We will hear in full from the FOMC after their policy meeting on Wednesday but this GDP figure is bad enough to ensure that the Fed will continue to print money at full speed but the number is not bad enough

See the rest here:
Friday’s session proved to be the slow

Friday’s session proved to be the slow

Market Review Friday’s session proved to be the slow and uneventful affair that we expected. The US GDP announcement was the big event but the result, slightly worse than expected at +2.5% Vs 3.0% exp, was the outcome that had the least chances of generating any meaningful market reaction. We will hear in full from the FOMC after their policy meeting on Wednesday but this GDP figure is bad enough to ensure that the Fed will continue to print money at full speed but the number is not bad enough

See the rest here:
Friday’s session proved to be the slow

Eurostoxx , EURUSD, E-Mini Dow Jones, E-Mini S&P, FTSE 100, Dax

Daily Forecast – 29 April 2013 Eurostoxx June contract Euro Stoxx looks over bought in the short term holding just above support at 2618/15 as expected. Further weakness could be seen today however so any longs need a stop below 2606 today for support at 2590/85. Try longs with stops below 2576. Resistance at 2650 could hold any strength today & could be worth trying shorts. A break above 2660 would be a surprise but should trigger stops & could lead us higher again to 2666 then

Read the original here: 
Eurostoxx , EURUSD, E-Mini Dow Jones, E-Mini S&P, FTSE 100, Dax

Eurostoxx , EURUSD, E-Mini Dow Jones, E-Mini S&P, FTSE 100, Dax

Daily Forecast – 29 April 2013 Eurostoxx June contract Euro Stoxx looks over bought in the short term holding just above support at 2618/15 as expected. Further weakness could be seen today however so any longs need a stop below 2606 today for support at 2590/85. Try longs with stops below 2576. Resistance at 2650 could hold any strength today & could be worth trying shorts. A break above 2660 would be a surprise but should trigger stops & could lead us higher again to 2666 then

Read the original here: 
Eurostoxx , EURUSD, E-Mini Dow Jones, E-Mini S&P, FTSE 100, Dax

The EURUSD and T-Notes and support stocks and crude

Market Review Better than expected Initial Jobless claims and on-going ECB monetary policy speculation were the main drivers of price action yesterday. Merkel waded into the monetary policy debate by saying that if Germany was to be looked at in isolation then interest rates need to be raised. This reversed some of the Euro weakness that had been seen earlier in the week after the likes of Weidmann and Asmussen had indicated that a rate cut was possible if the economic data warranted it.

Original post:
The EURUSD and T-Notes and support stocks and crude

The EURUSD and T-Notes and support stocks and crude

Market Review Better than expected Initial Jobless claims and on-going ECB monetary policy speculation were the main drivers of price action yesterday. Merkel waded into the monetary policy debate by saying that if Germany was to be looked at in isolation then interest rates need to be raised. This reversed some of the Euro weakness that had been seen earlier in the week after the likes of Weidmann and Asmussen had indicated that a rate cut was possible if the economic data warranted it.

Read the original: 
The EURUSD and T-Notes and support stocks and crude

AUDUSD Evening Star (Doji) 4-Hour Chart

Resistance: 1.0300 strong/1.0329 moderate/1.0368 minor Support: 1.0262 moderate/1.0233 minor/1.0194 minor AUDUSD is in a bear market in 4-Hour charts. We have a high level bearish pattern in the Evening Star (Doji) confirming market direction though proximity to a moderate support at 1.0262 suggests we should look for prices to push under said level before jumping in. Immediate target for sells will be 1.0233 then possibly a push on to 1.0194. Stops should be placed above the pattern high.

Excerpt from: 
AUDUSD Evening Star (Doji) 4-Hour Chart