The amazing evolution of Apple in both revenue generation and the behavior of their actions, has become the lifeline of the market and with the support of its benefits is justified part of the progress of the overall market prices.

The amazing evolution of Apple in both revenue generation and the behavior of their actions, has become the lifeline of the market and with the support of its benefits is justified part of the progress of the overall market prices.

Today we highlight:

• interest rate decision (GB, 11:00 GMT)
• Initial jobless claims (U.S.; 12:30 GMT)
• Ivey PMI (CAD, 14:00 GMT)

The trading day in the markets closed yesterday with strong declines when U.S. indices lost 1%, while the average rates in Europe are held tightly around the 3%

Investors today will focus on the decision on interest rates in the UK and in parallel to wait with great anticipation the publication of unemployment data in EE.UU.se expected high volatility in the markets given the data important. There is scope for further declines in the markets, and can only change this after the employment data in the United States. Good data in the morning, USA can change the image for the better.

EUR-USD

The pair continues to move south because of investors’ disappointment with the results of economic data and disappointing bond issue in Spain. In addition, there is a jump in the index of fear that marks the negative sentiment among investors in the world. From a technical point of view the pair broke into the area below the $ 1.3135 support and also examines the moving average line of 100 days in the medium term.

You can see that the pair carried out a settlement of 61.8% Fibonacci of the last waves rising and now face a strong support area 1.3100 dollars. A break-down will result in a further decline to $ 1.3000 level, with the possibility of 1.2970 dollars. The region of resistance is at -1.3250 -1.3300 dollars.

DAX-JUN12

European shares fell sharply yesterday, when the German index lost 3%. The trigger for the decline began after the disappointment of the protocols of the interest rate in the U.S. and then after disappointing European data, which revived the fears of investors. From a technical standpoint, one can see that the contract price is set below the average of 20 days in the short term. It is now likely to fall to 6,600 points. To the extent that there is then the price hikes should find the first opposition in the 6910 points.

GOLD

The price of an ounce of gold continued performing after it has decreased the chances of another stimulus in the U.S. After the publication of the minutes began to shuffle traders bulk goods in and now there are chances of further declines until the psychological level of $ 1,600 an ounce. A technical perspective the gold price closed below the 20-day moving average short-term and also broke the support level of $ 1625. To the extent that the area of ​​$ 1600 is broken then you can expect a further reduction in 1580-70 dollars. Moreover, a return to $ 1650, will further increase the line moving average of 200 days in 1682 dollars.

Today we highlight:

• interest rate decision (GB, 11:00 GMT)
• Initial jobless claims (U.S.; 12:30 GMT)
• Ivey PMI (CAD, 14:00 GMT)

The trading day in the markets closed yesterday with strong declines when U.S. indices lost 1%, while the average rates in Europe are held tightly around the 3%

Investors today will focus on the decision on interest rates in the UK and in parallel to wait with great anticipation the publication of unemployment data in EE.UU.se expected high volatility in the markets given the data important. There is scope for further declines in the markets, and can only change this after the employment data in the United States. Good data in the morning, USA can change the image for the better.

EUR-USD

The pair continues to move south because of investors’ disappointment with the results of economic data and disappointing bond issue in Spain. In addition, there is a jump in the index of fear that marks the negative sentiment among investors in the world. From a technical point of view the pair broke into the area below the $ 1.3135 support and also examines the moving average line of 100 days in the medium term.

You can see that the pair carried out a settlement of 61.8% Fibonacci of the last waves rising and now face a strong support area 1.3100 dollars. A break-down will result in a further decline to $ 1.3000 level, with the possibility of 1.2970 dollars. The region of resistance is at -1.3250 -1.3300 dollars.

DAX-JUN12

European shares fell sharply yesterday, when the German index lost 3%. The trigger for the decline began after the disappointment of the protocols of the interest rate in the U.S. and then after disappointing European data, which revived the fears of investors. From a technical standpoint, one can see that the contract price is set below the average of 20 days in the short term. It is now likely to fall to 6,600 points. To the extent that there is then the price hikes should find the first opposition in the 6910 points.

GOLD

The price of an ounce of gold continued performing after it has decreased the chances of another stimulus in the U.S. After the publication of the minutes began to shuffle traders bulk goods in and now there are chances of further declines until the psychological level of $ 1,600 an ounce. A technical perspective the gold price closed below the 20-day moving average short-term and also broke the support level of $ 1625. To the extent that the area of ​​$ 1600 is broken then you can expect a further reduction in 1580-70 dollars. Moreover, a return to $ 1650, will further increase the line moving average of 200 days in 1682 dollars.

There are many reasons why gold is still our favorite, from inflation fears and concerns of sovereign debt deeper economic problems and systemic.

There are many reasons why gold is still our favorite, from inflation fears and concerns of sovereign debt deeper economic problems and systemic.

Macroeconomics explains 90 percent of the market fluctuations and should focus on understanding the sensitivity to such variations of the different assets. In particular contributions are affected by the cycles of sentiment, liquidity and valuation.

Macroeconomics explains 90 percent of the market fluctuations and should focus on understanding the sensitivity to such variations of the different assets. In particular contributions are affected by the cycles of sentiment, liquidity and valuation.

When we perform technical analysis of Forex and Fx Figures Chartists, there is a recurring question. Everyone wants to know what is the Time Frame to operate a more appropriate figure Chartist. And the answer is and will always be the same: you must find the Time Frame higher in the figure does not lose consistency, where the [...]

The EUR / USD, which had entered into a maximum of one week during the session last night, fell once more below the level of 1.3300 during the European trade. Analysts attributed the downward correction ongoing uncertainties regarding the economic recovery in the euro area. Today, the U.S. Announce the number of ADP Non-Farm Employment Change, which is probably the most important point of the day. The figure is considered a valid predictor of even more important Non-Farm Payrolls on Friday, and usually lead to high volatility in the markets. A better than expected result could help the dollar against major currencies.

Economic News
USD – The dollar recovered slightly against the EUR, and AUD

The U.S. Dollar was able to correct earlier losses against several major currencies during the European session yesterday, risk aversion among investors led to increases in the safe-haven assets. The EUR / USD, which hit a high of 1.3366 during the evening session, fell as low as 1.3299. Against the Australian dollar, the dollar was able to gain over 100 pips during the day yesterday. The AUD / USD fell from a high of 1.0463 to 1.0352.

As the news today, all eyes will be on the data from the ADP Non-Farm Employment Change, scheduled to be released at 12:15 GMT. For now, analysts expect the figure could come in 209K. While that figure would represent a slight decrease from last month, it would still be a sign that the U.S. economic recovery continues and may benefit the dollar, especially against the Japanese yen. Operators also should pay attention to a press conference the European Central Bank, which will take place at 12:30 GMT. Any negative announcement could help the dollar against the currencies of higher risk.
EUR – Fears of a recession in the eurozone weighed on the euro

After staging a brief rally in Asian markets yesterday, the euro, once again around bearish against many major currencies during the afternoon session. Concerns that the euro area is falling into recession have been reinforced by high unemployment rates near record in several countries in the region. As a result, the common currency fell against several major currencies including the U.S. dollar, which fell briefly below 1.3300, and the Canadian dollar. The EUR / CAD, which earlier this week fell about 140 pips, had additional losses yesterday, reaching as low as 1.3184.

As of today, operators must pay attention to the EU minimum rate of interest scheduled for 11:45 GMT, followed by the ECB press conference at 12:30. While no changes in interest rates in the euro area, the conference serves as an opportunity for the European Central Bank communicate to investors the current state of the economies of the region. All negative ads may weigh on the euro, especially against the pass and safe-haven currencies like the U.S. dollar and the Japanese yen.
JPY – Yen reverses gains vs USD

The USD / JPY, which had fallen as low as 81.54 during the operation last night, was up again in the afternoon session. The pair gained about 80 pips to reach 81.35. The yen also conducted a reversal against the euro. The EUR / JPY, which earlier this week fell about 250 pips, got steady gains throughout the day yesterday the pair came as high as 109.71, a gain of 100 pips.

Today, yen traders should monitor the news of both the U.S. and the euro zone. The figure of the ADP Non-Farm Employment Change in the U.S. is forecast to show further improvements in the U.S. employment sector. If the figure is within the expected or above expected 209K, the yen may see more losses against the dollar. How does the yen against the euro behave depends largely on the ECB press conference will take place at 12:30 GMT. Any negative announcement press conference could lead to increased risk aversion, which can benefit the yen.
Crude oil – Crude Oil becomes moderately bearish

Following significant gains earlier in the week, crude oil prices fell during the day yesterday due to fears of recession in the eurozone weighed on riskier assets. Oil prices, which peaked at 105.10 dollars a barrel, fell as low as $ 104.14 during the morning session, before stabilizing around the level of 104.60 dollars.

The analysts believe that oil prices may remain near current levels in coming days. That said, with the major U.S. news to be released on Friday, the markets will develop some volatility. The number of Non-Farm Payrolls in the U.S. is expected to show positive developments in the U.S. employment sector. If the news favor risk-taking, oil prices could rise as a result.
Technical News
EUR / USD

The weekly chart is showing mixed signals with the RSI floating in neutral territory. However, on the daily chart there is a new bearish cross forming on the Slow Stochastic indicating a bearish correction might take place in the near future. In this case, operators must be attentive to the entry point, once the break down occurs.
GBP / USD

The couple has performed more bullish in recent days. However, the technical data indicate that this trend can be reversed anytime soon. For example, in the daily chart’s Slow Stochastic suggests that a bearish reversal is imminent. . Going short with tight stops might be a good choice.
USD / JPY

The price of this pair appears to be floating in overbought territory on the weekly chart’s RSI indicating a downward correction may be imminent. The downward direction on the Slow Stochastic supports this notion. Where there is breaking down, going short with tight stops appears to be preferable.
USD / CHF

The couple has had a downward trend in recent days. However, the technical data indicate that this trend can be reversed anytime soon. For example, in the daily chart’s Slow Stochastic suggests a bullish reversal is imminent. An upward trend is also supported today by the RSI. Going long with tight stops can be the best option today.
Letter of the Day
EUR / CHF

The Williams index in the graph of 8 hours has fallen into oversold territory, a sign that this pair may see an upward movement in the near future. The Slow Stochastic on the daily chart seems to be forming a bullish. Forex traders should monitor this indicator. In case the crossover takes place, an upward correction could occur.

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