Having trouble viewing this email? Click here |
Action Insight | Candlesticks Trades | Markets Summary | Action Bias | Top Movers | Daily Technicals |
Calendar | Elliott Wave Trades | Markets Volatility | Pivot Points | Heat Map | Daily Fundamentals |
Action Insight Market Overview | Markets Snapshot |
Daily Report: Eyes on Italian Bond Auction after Monti Named as New Prime MinisterEuro remains steady after Italy Prime Minister Berlusconi finally resigned over the weekend following parliamentary approval of the austerity package demanded by EU partners. Former European Union competition commissioner Mario Monti was named by President Napolitano as Prime Minister to lead the technical government. Monti is expected to name his cabinet and face a confidence vote this week. But before that, focus will be on today's sale of up to EUR 3b of 5-year bonds. Last week's one year bill auction was solid in spite of higher yields and a successful bond auction today should help keep Italian 10 year yield below 7% and thus stabilize the common currency. | |
Featured Technical Report | |
EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8521; (P) 0.8554; (R1) 0.8579; More Intraday bias in EUR/GBP remains neutral for the moment and more consolidations would be seen above 0.8485 temporary low. But upside is expected to be limited by 0.8651 resistance and bring fall resumption. Current development indicates that whole decline from 0.9083 has just resumed. Below 0.8485 will target 100% projection of 0.9083 to 0.8529 from 0.8830 at 0.8276. On the upside, however, break of 0.8651 resistance will dampen this immediate bearish view and turn outlook neutral first. |
Forex Brokers | |||
Economic Indicators Update | Top trading expert speakers, analysts and exhibitors. Discover the Newest Comer to the market, analyze latest market trends explore different trading platforms, and explore a wide opportunity on future investments. The 9th ME Forex & Investment Summit 2011 Don’t miss this year’s World MoneyShow London, 11-12 November 2011 at the Queen Elizabeth II Conference Centre. Be there as recommendations and advice are revealed for how to best position your portfolio for profitin 2011 and beyond. Don't miss out... Register Free Today! | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Forex Trade Ideas | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Due to technical difficulties, trade ideas will be updated later today Candlesticks Intraday Trade Ideas Update Schedule (GMT): Elliott Wave Daily Trade Ideas Update Schedule (GMT): | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Suggested Readings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fundamental Highlights
Technical Highlights |
|
No comments:
Post a Comment