| 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 Weekly Report | Markets Snapshot |
Daily Report: Euro Rises as Venizelos Heads to Brussels, ECB and BoE WatchedEuro manages to extend recent rally against dollar and yen even though the Greek situation remains unresolved. Greek officials sounded optimistic as a statement from Prime Minister Papademos said that political leaders have "agreed on all the points of the program with the exception of one which requires further elaboration and discussion." It's believed that pension reform is that stumbling block. Finance Minister Venizelos will travel to Brussels to meet with Eurozone finance ministers today. Venizelos is hopeful that "there is agreement on all issues" with political leaders "bar one". Prime Minister Papademos will stay in Athens striving to complete the austerity deal before EU finance minsters meeting. Before that, focus will first turn to ECB and BoE meetings. |
|
| Featured Technical Report | |
EUR/JPY Daily OutlookDaily Pivots: (S1) 101.72; (P) 102.08; (R1) 102.51; More EUR/JPY's rally resumed after brief consolidations and reaches as high as 102.77 so far today. Intraday bias remains on the upside for the moment. Current rally from 97.03 is expected to continue towards 100% projection of 97.03 to 102.20 from 99.24 at 104.41. On the downside, below 101.65 minor support will turn bias neutral first. But near term outlook will remain cautiously bullish as long as 99.24 support holds. |
| Special Reports |
ECB To Stand On The Sideline While BOE To Extend Asset PurchasesAlthough Greece's PSI and its access to the new tranche of bailout fund dragged on, market sentiment appeared to have improved since the last ECB meeting. Moreover, reaction to the 3-year LTRO was positive while economic data over the past few weeks showed improvement. These should allow the ECB to keep the main refinancing rate unchanged at 1% and leave the unconventional monetary measures unchanged. |
| Economic Indicators Update | Don’t miss the largest investor and trader gathering in the World—The World MoneyShow Orlando, February 9-12, 2012 at the Gaylord Palms Resort. Be there as recommendations and advice are revealed for how to best position your portfolio for profit—in 2012 and beyond. Register Free Today! | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Forex Trade Ideas | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trade Idea update will resume on Tuesday - 21 Feb 2012. 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