Above 1.3630 Euro Survive Stable. The euro last traded at 1.3644 rate, down from a session high at 1.3661, and is still flat since the closing on Friday. The euro fell from 14-month high at 1.3711 figure, which was recorded on Friday following the NFP data, which rose 3.4% since it opened in 2013. Technically, Greg McKenna, CEO of GlobalFX and former Head of Currency Strategy from NAB and Westpac, noted: "The euro has the potential to touch high above the 1:37 short term," said that analysts, while an analyst at FXstreet.com, Ivan Delgado, mengtaakan to look at a bearish signal, leaving Euro 1.3630 area, which has the potential for a move to 1.3585, where many actors there after buying USD climbed to a high after NFP data. Support for the euro is close to 1.3630 low, followed by a Friday low / high at 1.3589/85 Wednesday and Thursday in the number 1.3539 low. For the rising movement, nearest resistance is in session high at 1.3660, followed by the London session high at 1.3676 on Friday and Friday's high at 1.3711 for 14 months.
Australia Economic Data Release Mix
Release data of employment ads in newspapers and the internet Australia showed decreased 0.9% for the period January from December. The figure indicates a sharp decline in the number of employment ads in recent months, according to a survey conducted by the ANZ Bank. Job advertisements on the internet fell 0.6% for the month of December, while advertising in newspapers fell 9.2%, according to ANZ. The number of job openings by 2013 the workforce was still showing a decline after the year 2012 also fell by 15% in the past four months, ANZ added. While the data release Australian home-building permits were released simultaneously also showed a decrease for the month of December. Permission building or remodeling homes and apartments fell 4.4% from November, according to the statistics bureau today (04/02). In November, the figure rose 3.4%. Building permits rose 9.3% in December from a year earlier, clear ABS. Reserve Bank of Australia or RBA has cut interest rates by 1.75% since November 2011. The interest rate cut last conducted in December to 3%, the same as the rate in 2009 when the global financial crisis hit. Permission to build houses fell 3.3% in December from November, while permits for apartments, townhouses and more fell 5.4%.
Stuck Below Yen 93.00
The yen touched the highest seen since the beginning of April 2010, which was last seen at 92.92, still looks almost flat from its close on Friday. The yen fell slightly from a session high at 92.90, while the price of low back to session at 92.70. "The signal still looks bullish," said analysts from FXstreet, Ivan Delgado, indicating the absence of movement potential to 93.00, added Ivan. Sean Lee, founder FXWW, said :: rhetoric of the Japanese government seems to be easing policy when officials in Europe and Asia back to discuss their currency. " Nearest resistance for the yen was recorded at 32-month high on Friday at 92.90 points, followed by the low on July 22 at 93.05 points, and the high 7 September 2009 at 93.30 points. For the movement of the decline, the nearest support is in session low / high Friday's session at 92.70/65, followed by Asian session high at 92.27, and the low number of sessions on Friday at 91.78.
Consolidation, China Shares Gain Then prune
Ahead of Chinese New Year February 10, China stock consolidation after last week rose 5.5%. The Shanghai index closed up 1.4% to 2419.02 on Friday (01/02) after the release of data showing expanding manufacturing activity in the month of January. Analysts predict that the index will move in the range of 2400. "This week the trade will not be too significant move because there is no major policy to be taken. Still index down 100 to 150 points before the new year," said Zheng Pin, an analyst at Minsheng Securities. "The property sector declined due to investor concerns about the possibility of property price controls." On Friday, China Vanke recorded as the largest property developer by market value fell 0.4% to CNY11.96, and China Merchants Property Development fell 1.4% to CNY28.18.
Australia Economic Data Release Mix
Release data of employment ads in newspapers and the internet Australia showed decreased 0.9% for the period January from December. The figure indicates a sharp decline in the number of employment ads in recent months, according to a survey conducted by the ANZ Bank. Job advertisements on the internet fell 0.6% for the month of December, while advertising in newspapers fell 9.2%, according to ANZ. The number of job openings by 2013 the workforce was still showing a decline after the year 2012 also fell by 15% in the past four months, ANZ added. While the data release Australian home-building permits were released simultaneously also showed a decrease for the month of December. Permission building or remodeling homes and apartments fell 4.4% from November, according to the statistics bureau today (04/02). In November, the figure rose 3.4%. Building permits rose 9.3% in December from a year earlier, clear ABS. Reserve Bank of Australia or RBA has cut interest rates by 1.75% since November 2011. The interest rate cut last conducted in December to 3%, the same as the rate in 2009 when the global financial crisis hit. Permission to build houses fell 3.3% in December from November, while permits for apartments, townhouses and more fell 5.4%.
Stuck Below Yen 93.00
The yen touched the highest seen since the beginning of April 2010, which was last seen at 92.92, still looks almost flat from its close on Friday. The yen fell slightly from a session high at 92.90, while the price of low back to session at 92.70. "The signal still looks bullish," said analysts from FXstreet, Ivan Delgado, indicating the absence of movement potential to 93.00, added Ivan. Sean Lee, founder FXWW, said :: rhetoric of the Japanese government seems to be easing policy when officials in Europe and Asia back to discuss their currency. " Nearest resistance for the yen was recorded at 32-month high on Friday at 92.90 points, followed by the low on July 22 at 93.05 points, and the high 7 September 2009 at 93.30 points. For the movement of the decline, the nearest support is in session low / high Friday's session at 92.70/65, followed by Asian session high at 92.27, and the low number of sessions on Friday at 91.78.
Consolidation, China Shares Gain Then prune
Ahead of Chinese New Year February 10, China stock consolidation after last week rose 5.5%. The Shanghai index closed up 1.4% to 2419.02 on Friday (01/02) after the release of data showing expanding manufacturing activity in the month of January. Analysts predict that the index will move in the range of 2400. "This week the trade will not be too significant move because there is no major policy to be taken. Still index down 100 to 150 points before the new year," said Zheng Pin, an analyst at Minsheng Securities. "The property sector declined due to investor concerns about the possibility of property price controls." On Friday, China Vanke recorded as the largest property developer by market value fell 0.4% to CNY11.96, and China Merchants Property Development fell 1.4% to CNY28.18.
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