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WEEKLY AND DAILY ANALYSIS

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YEN SELL OFF

Postby mauriforex » Thu Jan 17, 2013 7:28 pm

Good evening,

the ECB monthly report showed, today, a possible and gradual economic recovery in 2013 (thanks to a greater consumer confidence) and an inflation rate, this year, below 2%.
The negative data in the Australian labor market (fewer employees) put the Australian dollar weaker, waiting for the " correlation test " of tomorrow with the release of Chinese GDP data.
The stock market ended a positive session, after a weak opening, thanks to the positive American data of the real estate situation in december (better than expected) and of the jobless claims (lower than expected).
We had a good session for the Dollar Index as well as for the most important commodities.
Pay attention tomorrow to volatility that could arise with the usual Confidence Index issued by the University of Michigan!

ANALYSIS
Usd/Yen and Aud/Yen: as we saw yesterday, in my daily video analysis, all currencies related to Japanese Yen had a strong bullish movement due to heavy selling of the japanese currency. As announced I took long positions in Usd and Aud placing pending Buy Limit orders considering a possible temporary retracement of the price in order to have a better risk/reward ratio and improve my performance. Both orders were achieved and are generating very good profits. For both trades I’ve been closing a 50% of my position, moving my stop loss to break even. Now I wait for a possible break out of the resistance levels (confirmed) to see an upward move and obtaining a greater reward with my two free-risk operations!
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Greetings to everybody, see you tomorrow!
Maurizio Orsini
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Now in english!
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WEEKLY VIDEO ANALYSIS

Postby mauriforex » Fri Jan 18, 2013 9:52 pm

Good evening,

we are at the end of another week without strong market movers, with the exception of the U.S. data released yesterday (about real estate and labor sector) that caused a new wave of “risk buying".
Next week we will have the interest rate decision in Japan (it will be very interesting to analyze the actions of its Central Bank!) and in Canada.
Let’s consider all these things, and more, in my usual Weekly Video Analysis!
http://www.youtube.com/watch?v=-DgvNkF8Izo&feature=youtu.be

Happy weekend and relax without trading!
Maurizio Orsini
WWW.MAURIFOREX.COM
Now in english!
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BOJ TOMORROW

Postby mauriforex » Mon Jan 21, 2013 8:07 pm

Good evening,

Mr. Obama officially began his second term becoming the 44th President of the United States on the day that Wall Street was closed for Martin Luther King's Day.
The lower liquidity and the negative data on industrial production in Germany (1.5% and lower than expected) has generated a flat session with positive values.
The Eurogroup meeting today will decide, among other things, the new chairman that will replace Mr.Junker (the current Dutch finance minister Mr. Joroen Dijsselbloem is expected to be elected). From Japan we will have tomorrow the decision on interest rate by the BoJ.

ANALYSIS
Eur/Usd: continues its lateral move, amplified today by the lower liquidity in the market. However, we are close to the support 1.3280 with the EMA21 approaching the price. The idea is to look for a trading setup in the direction of the short term move, that is Long, with a first target on area 1.34. On the contrary, the breaking out of the level mentioned above could push the price to the next key area (static and dynamic) of 1.32 .
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Greetings to everybody, see you tomorrow!
Maurizio Orsini
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Now in english!
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Re: WEEKLY AND DAILY ANALYSIS

Postby Ajawed » Tue Jan 22, 2013 10:48 am

January 22, 2013

Gold (spot) closed up on Monday, made its intraday high of US$1691.50/ ounce after setting intraday low of US$1685.40/ounce. Gold went up by 0.34% at US$1,690.05/ounce.

Silver (spot) closed up on Monday made its intraday high of US$32.11/ ounce after setting intraday low of US$31.87/ounce. Silver settled 0.44% up at US$32.01/ounce.

Crude futures (February 2012) on Monday made an intra‐day high of US$95.49/bbl and made an intraday low of US$94.94/bbl and settled up by 0.7% at US$95.56/bbl on session close.

EUR/USD on Monday made an intra‐day low of US$ 1.3299/EUR and made an intraday high of US$1.3331/EUR and settled the day 0.015% down at US$1.3312/EUR on session close.

GBP/USD on Monday made an intra‐day low of US$1.5804/GBP and made an intraday high of US$1.5893/GBP and settled the day down by 0.110% at US$1.5828/GBP on session close.

USD/JPY on Friday an intra‐day low of JPY89.33/USD and made an intraday high of JPY 90.25/USD and settled the day 0.576% down at JPY89.61/USD on session close.

To get technical and graphical analysis visit: http://ikonmarkets.com/daily-reports/2013/01/22/
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QE IN JAPAN FROM 2014

Postby mauriforex » Tue Jan 22, 2013 7:46 pm

Good evening,

as expected interest rates in Japan remained unchanged with an inflation target at 2% (to be reached as soon as possible). The BoJ confirmed the plan of asset purchase (13 thousand billion yen), but only since 2014. This delay of the quantitave easying led Yen to continue its strengthen and the bearish correction with many currency pairs.
Stock market closed a negatice session (except Milan) despite Zew index on german confidence which has been much better than expected.
Tomorrow we'll have the interest rate decision in Canada.

ANALYSIS
Usd/Yen: the pair retested again 90.10 resistance area but the news from Japan pushed it down. The medium and short remains bullish so I will look for the price to continue in the support area 88 or 87 to find a Long set up of my trading plan.
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Greetings to everybody, see you tomorrow!
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Now in english!
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DAILY VIDEO ANALYSIS

Postby mauriforex » Wed Jan 23, 2013 7:40 pm

Good evening,

in a quitely contrasted day for equity markets, we had from Canada the confirmation of interest rate at 1%.
Anyway the most interesting news came from UK with its Prime Minister Mr. Cameron confirming the referendum (before 2017) to establish the permanence or the exit of his country from EU and the Bank of England's Minute. This one showed (with the unanimous maintenance of the rate at 0.50% and almost unanimously not to increase the purchase of assets) as for now there's no possibility for another quantitative easing, taking the pound to appreciate during this session.

I just prepared my video analysys with some interesting possible operations!

See you tomorrow.
Maurizio Orsini

http://www.youtube.com/watch?v=-aPDjFwdVoQ&feature=youtu.be
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NEW YEN SELL OFF

Postby mauriforex » Thu Jan 24, 2013 7:12 pm

Good evening,

also today stock markets had a low volatility session just moving at the same levels as yesterday.
The good PMI manufacturing data of Germany and UE have favored the upward move of the Euro (initially weak) in a day characterized mainly by the new pressure of Japanese government to BoJ, for a stronger action to depreciate the Yen (also considering the recent and worst japanese export data). The effect was an obvious sell-off of this currency that I and the other Forex Friends have immediately evaluated yesterday (with the help of Price Action Daily as we saw in my video analysis) and realized with a couple of excellent trades still in profit.
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ANALYSIS
Silver: after having approached, yesterday, the resistance area $32.50 the price rebounded also because of the strength of the USD. According to the short-term uptrend, I will wait for one of my trading signals in the $31.50 key level, or better yet, in area $ 31.
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Greetings to everybody, see you tomorrow!
Maurizio Orsini
WWW.MAURIFOREX.COM
Now in english!
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Posts: 94
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WEEKLY VIDEO ANALYSIS

Postby mauriforex » Sat Jan 26, 2013 12:59 pm

Hi traders,

we had another bullish day for equity market in this last session of the week. From Europe we had a good IFO data on German business confidence (better than expected) and, from England, the GDP of the third quarter of 2012 (worse than expected) showing a still weak British economy.
I prepared my usual weekly video to see the most important data of the economic calendar for next week and some interesting trading opportunities.

http://www.youtube.com/watch?v=y1MRkWZEvVI&feature=youtu.be

Have a nice week-end and see you next monday!
Maurizio Orsini
WWW.MAURIFOREX.COM
Now in english!
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NEW POSSIBLE APPRECIATION OF THE EURO

Postby mauriforex » Mon Jan 28, 2013 7:47 pm

Good evening,

at the beginning of this last week of January stock markets have been moderately contrasted, waiting for the important Fed meeting (next Wednesday) to decide on interest rates.
In Forex market we had a technical correction for the euro and the yen, after the strong movements of the previous week, while precious metals and oil continue to be weak.

ANALYSIS
Eur/Aud: the medium term shows a possible bullish head and shoulder that could reach, after the breakout of level 1.30, a possible medium term target on 1.4250 which corresponds to the top level of August 2011. In the short term, we might also anticipate a buy entry in presence of a clear set up of my trading system on the support key level 1.28.
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Greetings to everybody, see you tomorrow!
Maurizio Orsini
WWW.MAURIFOREX.COM
Now in english!
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US INTEREST RATE TOMORROW

Postby mauriforex » Tue Jan 29, 2013 7:39 pm

Good evening,

we had another day without very important economic market movers (except a good consumer confidence index in Germany and the same one from Usa, lower than expected), a session with different directions for the major stock markets and a continuation of the technical correction of the Euro.
Tomorrow we will have the interest rate decision in New Zealand and, expecially, in the United States: beware the volatility.

ANALYSIS
Gbp/Usd: sterling finally had the strength to correct upwards (also taking advantage of the weakness of the USD). I'll be looking for one of my trading signals in the area 1.5780 / 1.58 to catch the bearish movement with a target on the support level 1.55.
Image

Greetings to everybody, see you tomorrow!
Maurizio Orsini
WWW.MAURIFOREX.COM
Now in english!
User avatar
mauriforex
 
Posts: 94
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