Daily Market Reviews by MAYZUS.com

Re: Daily Market Reviews by MAYZUS.com

Postby MAYZUS_rep » Thu Apr 10, 2014 5:33 am

MAYZUS Daily Technical Levels

USD/JPY – growth is possible
Our turning point is the level of 101.500
Our preference: Buy the USD/JPY pair above the level of 102.100, with the nearest targets being 102.500, 102.800 and 103.200.
Alternative scenario: If the support level of 101.500 is breached down with success, then the pair could drop to 101.000, and 100.700.
Analysis: The technical indicators point that the USD/JPY pair is oversold.
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This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.
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Re: Daily Market Reviews by MAYZUS.com

Postby MAYZUS_rep » Thu Apr 10, 2014 5:34 am

MAYZUS Daily Technical Levels

AUD/USD – during the day there is a risk of a technical correction
Our turning point is the level of 0.94400
Our preference: Sell the pair below the level of 0.93850, with the nearest targets being 0.93400, 0.93000 and 0.92600.
Alternative scenario: If the resistance level of 0.94400 is breached up with success, then the pair could rise to the following levels: 0.94600 and 0.95000.
Analysis: The technical indicators point that the AUD/USD pair is overbought.
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This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.
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Re: Daily Market Reviews by MAYZUS.com

Postby MAYZUS_rep » Thu Apr 10, 2014 5:51 am

MAYZUS Daily Technical Levels

XAU/USD – during the day there is a risk of a technical correction
Our turning point is the level of $1320
Our preference: Sell Gold below the level of $1313, with the nearest targets being $1307 and $1300.
Alternative scenario: If the resistance level of $1320 is breached up with success, then Gold could rise to $1330 and $1340.
Analysis: The technical indicators are in the overbought area and will give a signal to sell soon.
Image
This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.
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Re: Daily Market Reviews by MAYZUS.com

Postby MAYZUS_rep » Thu Apr 10, 2014 5:52 am

MAYZUS Daily Technical Levels

XAG/USD – during the day there is a risk of a technical correction
Our turning point is the level of $20.15
Our preference: Sell Silver below the level of $19.95, with the nearest levels being $19.80 and $19.65.
Alternative scenario: If the resistance level of $20.15 is breached up with success, then Silver could rise to $20.30 and $20.60.
Analysis: The stochastic indicator is in the overbought area and will give a signal to sell soon.
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This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.
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Re: Daily Market Reviews by MAYZUS.com

Postby MAYZUS_rep » Fri Apr 11, 2014 4:45 am

11 April 2014: IS ‘AUSSIE’ GETTING READY FOR CORRECTION?

MAYZUS Daily Technical Levels
By Yuriy Maevskiy: Senior Analyst in Investment Research Department

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Australian dollar’s rate was growing on Thursday: it added over 0.28%. At the moment, 1 AUD costs 0.9416 USD.

‘Aussie’ has grown by 2% since the beginning of April in comparison to the USD. It happened after the release of the positive information about the Australian economy.

Positive news included improvement of the situation on the labor market. An unemployment level dropped from 6% to 5.8%.
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Another factor that affected AUDUSD positively was the decision of the Reserve Bank of Australia to keep an interest rate at 2.5%.

However, we think that AUDUSD’s growth is almost over and that we will witness a serious technical correction in the nearest future. It is indicated by both fundamental and technical factors.

A slowdown of the economic activity in China and Japan, where Australia delivers almost 50% of its export, is a fundamental factor.
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An annual value of Chinese import dropped by 11.3%, while experts were waiting for the 2.4% growth. Export from China has decreased by 6.6%, which also does not meet experts’ expectations of 4% growth.

Situation in Japan is not great either. A number of automotive orders dropped by 8.8% in March, while a decrease by 3% only was predicted.

Another factor that indicates a slowdown of both world trade and Chinese economy is a dynamics of Baltic Dry index. It shows the cost of the shipping rates of the major raw goods and is a leading indicator of the world trade condition.
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The index breached a 2000 points threshold in the middle of December 2013 and then started to decrease. It got to the minimum of 1000 points in the first half of February 2014. AUD then dropped below 0.9000. Baltic Dry kept getting to the local maximums in the beginning of April, and it is possible that Australian dollar’s rate will start decreasing again.

Technical factors show that AUDUSD is locally overbought. Bearish divergence on H4 chart means that a trend will change soon. Technical indicators are going to give a signal to sell. Nearest downwards targets are located at 0.93600, 0.93000 and 0.92200.
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Situation on the futures market doesn’t favor AUDUSD as well.

According to the report of the US Commodity Futures Trading Commission (Commitments of Traders), a net hedgers’ position (blue on the chart) kept decreasing and got to 6,118.00 contracts in the middle of last week. 87,769.00 contracts were opened in the middle of January 2013. Australian dollar has started to improve at the end of January as well.

A significant decrease of the net hedgers’ position shows that market participants are expecting a decrease of AUDUSD’s rate in the nearest future.
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A relatively high level of the net large speculators’ positions (green on the chart) also indicates a soon decrease of AUDUSD.
Same situation took place in the middle of October 2013, when a long-term correction has started and lasted until the end of January 2014.

AUD can continue growing after the technical correction. Nearest resistance levels are located at 0.94500, 0.95200 and 0.96120.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.
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Re: Daily Market Reviews by MAYZUS.com

Postby MAYZUS_rep » Fri Apr 11, 2014 7:16 am

11 April 2014: The Stock Market Of The U.S. Outlined The Correction

By Kristina Leonova: Chief Analyst in Investment Research Department


There is an impression that the markets are moving up and down, without having the opportunity to decide on a further direction. One day, indices are growing, another day, they are decreasing, thereby leveling all growth of the previous sessions.

Yesterday, the European indices finished the trading day in different directions. At the beginning of the trading session, investors won due to positive news from the USA. After that, some of the indices began to fall, due to the fact that there was not a lot of macroeconomic statistical data published. As a result, the index of the London stock exchange, the FTSE 100, grew by 0,1%, the index of the Parisian stock exchange, the CAC 40, lost 0,66%, and the index of the Frankfurt stock exchange, DAX, decreased by 0,55%.

A pessimistic mood began in Europe and was followed by American indices. We saw a substantial increase in the price of indices on Wednesday, but it seems that after that, stock markets decided to have a correction. A push factor was the statistical data on export and import in China, which appeared to be extremely lower than the predictions of analysts. Import of the country made a number of minus 11,3%, at an expected growth of 2,4%. Export appeared to be minus 6,6% at the expected 4,0%.

However, the statistical data coming from the U.S. was of a positive character, but indices could not find strength to move up. The number of primary requests for unemployment benefits in a week, appeared to be slightly less than expectations on 320 thousand, and made a number of 300 thousand. As a result, the Dow Jones Industrial Average index fell by 1,62% to the level of 16170,22 points, the S&P 500 lost 2,09% and reached a level of 1833,08 points, and the Nasdaq Composite had the biggest loss of the day and decreased by 3,1% to the level of 4054,11 points.

Prices of commodities are stable. Brent and WTI are losing 0,26% and 0,30%, traded on levels of $107,24 and $102,07 per barrel. Gold is flat, traded on a price of $1320,86 per troy ounce. Silver is down by 0,24% at $20,04 per troy ounce.
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Re: Daily Market Reviews by MAYZUS.com

Postby MAYZUS_rep » Wed Apr 16, 2014 7:18 am

16 April 2014: Trading At The Stock Markets Proceeds Rather Frostily

By Kristina Leonova: Chief Analyst in Investment Research Department

The American indices held one more positive session, thanks to the publications of good corporate and statistical data. The awaited consumer price index, taking into account seasonality and a similar indicator without food and energy carriers, grew by 0,2%, while analysts expected an increase of only 0,1%.

As a result, the Dow Jones Industrial Average index got stronger by 0,55% and was closed on a level of 16262,56 points, the index of the wide market, S&P 500, went into plus by 0,68% up to the level of 1842,98 points, and the index of the hi-tech companies, Nasdaq, rose by 0,29% and reached the level of 4034,16 points.

In the meantime, the situation in the European stock platforms is developing in a different direction. European stock markets are reacting more strongly to the negative news around the situation in Ukraine. Statements that the president of Russia could declare an introduction of troops to the southeast of Ukraine during his press conference tomorrow, the 17th of April, are pushing investors to minimize their risks and close their positions.

Also, the statistical data from Germany, presented yesterday, appeared to be lower than previous indicators. ZEW index made 43,2 points, whereas analysts expected a growth of up to 45,0 points after 46,6 points in March. Meanwhile, it should be noted that the trade balance of the Eurozone increased from 0,8 billion Euros in January, to 13,6 billion Euros in February, showing a significant surplus.

All these factors brought indices to the point where the British FTSE 100 finished the trading session with a loss of 0,64%, the French CAC 40 decreased by 0,89%, and the German DAX went into minus by 1,77%. The regional STXE 600 indicator decreased, in turn, by 1% and was closed on a level of 326,58 points.

This morning, statistical data from China was already published, the GDP of the country of the first quarter showed an increase of 7,4%, at expected value on 7,3%. Retail sales also showed growth and increased to 12,2% from the value of last month of 11,8%, when 12,1% was expected.
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Re: Daily Market Reviews by MAYZUS.com

Postby MAYZUS_rep » Wed Apr 16, 2014 3:57 pm

MAYZUS Daily Technical Levels

EUR/USD - during the day there is a risk of a technical correction
Our turning point is the level of 1.38350
Our preference: Sell the EUR/USD below the level of 1.38200 with the key targets being: 1.38000, 1.37800 and 1.37600.
Alternative scenario: If the resistance level of 1.38350 is breached up with success, then the pair could rise to 1.38500 and 1.38800.
Analysis: The technical indicators are near to the overbought area and will give a signal to sell the EUR/USD pair soon.
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This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.
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Re: Daily Market Reviews by MAYZUS.com

Postby MAYZUS_rep » Wed Apr 16, 2014 3:58 pm

MAYZUS Daily Technical Levels

GBP/USD – during the day there is a risk of a technical correction
Our turning point is the level of 1.67500
Our preference: Sell the GBP/USD pair below the level of 1.67150, with the nearest targets being 1.66900, 1.66700, and 1.66500.
Alternative scenario: If the level of 1.67500 is breached up with success, then the pair could rise to 1.67800, and 1.68200.
Analysis: The technical indicators are near to the overbought area and will give a signal to sell the GBP/USD pair soon.
Image
This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.
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Re: Daily Market Reviews by MAYZUS.com

Postby MAYZUS_rep » Wed Apr 16, 2014 3:59 pm

MAYZUS Daily Technical Levels

USD/JPY – during the day there is a risk of a technical correction
Our turning point is the level of 102.350
Our preference: Sell the USD/JPY pair below the level of 102.000, with the nearest targets being 101.750, and 101.500.
Alternative scenario: If the resistance level of 102.350 is breached up with success, then the pair could rise to 102.700, and 103.000.
Analysis: The technical indicators gave a signal to sell the USD/JPY pair.
Image
This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.
Last edited by MAYZUS_rep on Wed Apr 16, 2014 4:00 pm, edited 1 time in total.
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