Fundamental Analisis By InstaForex

[iqbalrafei]

alamak cikgu..ni silibus mne lak ni.?

 

[IFX Svetlana]

You are welcome. We're happy to provide you with the freshest information!

 

[IFX Svetlana]

Eurozone Leading Index Drops First Time In 14 Months: Conference Board

The leading economic index for the euro area declined in May for the first time in more than a year, the Conference Board said Monday.

The index fell 0.5% in May to 109.7, following a 0.8% increase in April. At the same time, the Conference Board Coincident Economic Index, a measure of current economic activity, increased 0.1% in May after falling 0.2% in April. This was the sixth increase for the last seven months, the group said.

Negative contributions to the leading index, that came from stock prices, Markit manufacturing purchasing managers index and the economic sentiment index, were high enough to offset the continued large positive contribution from yield spread, the think tank pointed out. "The first fall of the LEI for the Euro Area in fourteen months suggests that the rebound in economic growth may have peaked during the second quarter, said Jean-Claude Manini, senior economist at the the Conference Board.

"However, it is too soon to say that the recent improvement in the economy will subside strongly in the near term," Manini said. "Employment may suffer from a wait-and-see attitude during the second half of 2010, but the effects of deficit reduction measures will be primarily felt in 2011."

The group noted that despite the decrease, the leading index for the Euro area is still 14.9% higher than its March trough. European sovereign debt crisis along with fiscal consolidation plans had weighed on Eurozone economic sentiment in May. The LEI aggregates eight economic indicators that measure activity in the Euroarea as a whole.


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[BudakFx]

GJ

GBP/JPY Elliott wave count and Fibonacci levels, June 28, 2010 2010-06-28




GBP/JPY is now standing in the potential wave C of the intermediate uptrend (colored magenta on the chart). The price targets above the current level are Fibonacci retracement points of 136.00-133.01 and expansion points off waves 133.01-134.95-133.05, 133.05-134.59-134.17.
Nearest price targets above the current level:
- 134.86 = .618 retracement
- 134.99 = objective point (OP)
- 135.12 = contracted objective point (COP)
- 135.71 = OP
- 136.19 = expanded objective point (XOP)
In case the price declines the supports will be Fibonacci retracement points of the wave 133.05-134.70:
- 134.07 = .382 retracement
- 133.88 = .50 retracement
- 133.68 = .618 retracement





Overbought/Oversold
The Detrended Oscillator is balancing around the zero level. Since the trend is up (according to the wave count), one should search for long entries in the vicinity of .382 and .50 retracements of wave 133.05-134.70. These respective levels are 134.07 and 133.88.

Performed by Denis Strelkov, Analytical expert
InstaForex Companies Group © 2007-2010

 

[gemagemuruh]

Masta, GU sepatutnya ada harapan untuk turun ke?

 

[BudakFx]

Eur/usd

Wave analysis of EUR/USD currency pair. Weekly review 2010-06-28





As it was predicted, the EUR/USD price began to develop b wave in the 4th. At the same time, considering existing dynamics of the correction in favor of the euro, not less dynamic final of this b can be supposed, especially amid unpredictable response of the markets to the meeting of G20, as well as the start of c wave formation. On the other hand, for the same reasons, the currency pair can finish the current correctional phase and continue the downward trend against the Single currency. If the price moves up further, target levels for such movement still remain around the correctional level of 61.8%, close to the mark of 1.2790.


Performed by Alexander Dneprovskiy, Analytical expert
InstaForex Companies Group © 2007-2010

 

[BudakFx]

Masta, GU sepatutnya ada harapan untuk turun ke?

ikutkan patik gu mmg dah masa tuk turun...
bila2 masa...

tapi masih ade ruang naik skit lagi sampai 5188..

klu naik lebih dari tu..
patik surrender..

 

[gemagemuruh]

ikutkan patik gu mmg dah masa tuk turun...
bila2 masa...

tapi masih ade ruang naik skit lagi sampai 5188..

klu naik lebih dari tu..
patik surrender..

Terima kasih masta...harap2 thread ni dapat diteruskan sampai bila2...patik minat ilmu ni walaupun tak paham......semoga Allah memberkati usaha dan rezeki masta...paid

 

[BudakFx]

GBP/JPY Elliott wave count and Fibonacci levels, June 30, 2010 2010-06-30









The pound/yen is now standing is a corrective wave to intermediate impulse 135.23-132.80. This is the wave that elicits Fibonacci retracement points. We get more resistances off waves 132.80-133.70-132.85, that produce Fibonacci expansion points.
Price targets above the current level:
- 133.73-75 = confluence area of .382 retracement and objective point (OP)
- 134.01 = .50 retracement
- 134.30-31 = confluence area of .618 retracement and expanded objective point (XOP)
In case the price declines below 132.80, which will confirm wave C, our targets will be Fibonacci expansion points off 136.00-133.02-135.21, 135.21-132.80-134.01. Wave 130.40-136.00 produces Fibonacci retracements.
Price targets below the current level:
- 132.54-51 = confluence area of .618 and contracted objective point (COP)
- 132.23 = OP
- 131.72 = .764 retracement
- 131.58 = OP



Overbought/Oversold
The Detrended Oscillator is slightly below the zero level. As soon as the prevailing trend is down, one chould wait for a tradable retracement to short the market some 30-50 pips higher than the current price. The nearest Fibnode that corresponds to this level is 133.73, which is .382 retracement of wave 135.23-132.80.

Performed by Denis Strelkov, Analytical expert
InstaForex Companies Group © 2007-2010

 

[BudakFx]

GBP/JPY Elliott wave count and Fibonacci levels, July 5, 2010 2010-07-05






GBP/JPY is now standing in correction to longterm and intermediate downtrend. The targets of the corrective wave B (colored magenta on the chart) are Fibonacci retracement points of 135.23-131.23 and expansions off 131.23-133.84-132.72.
The nearest resistances are:
- 133.70 = .618 retracement, reached already
- 134.29-33 = confluence area of .764 retracement and contracted objective point (COP)
- 135.33 = objective point (OP)
In case the price keep declining, the nearest supports will be Fibonacci retracement points of 131.23-133.84 and expansion points off 133.84-132.72-133.59.
Nearest supports are:
- 132.90 = COP
- 132.54-47 = confluence area of OP and .50 retracement
- 132.23 = .618 retracement
- 131.85-78 = confluence area of .764 ret and expanded objective point (XOP)



Overbought/Oversold
The Detrended is now oscillating around the zero level. As soon as the shorter term uptrend is up one can try longs against 132.90, which is where the market will be oversold. Short entries with the prevailing longterm downtrend are favored in the vicinity of 133.84 and 134.29-33, which is where the market will be overbought.

Performed by Denis Strelkov, Analytical expert
InstaForex Companies Group © 2007-2010