Recent Visitors

    Financial Alert

Asian daily foreign exchange forward: fluctuations in scope and trend forecast


739 pounds / dollars expected to be weak correction, the previous day, hit a 28 month low of 1.7781 U.S. dollars. The British Government attempts to raise the stamp duty threshold to stimulate the ailing housing market, and the United Kingdom in August CIPS construction PMI index of 36.7 from July to 40.5, in spite of this, as the market continued to worry that the British economy into recession, and the United Kingdom ECB rate cut before the end of the expected warming, sterling weak market sentiment. The data released this morning showed that British consumer confidence index hit the country in May 2004 the lowest level since the birth of data. In addition, the risk preferences of the cooling, investors have lifted sterling / yen carry trade financing, these factors also weighed on sterling / dollar, but the Bank of England announced that interest rate decision tomorrow before the markets remain cautious, the exchange rate down the limited space. BNP Paribas said, although the Bank of England rate cut is unlikely to make a decision on Thursday, but the Monetary Policy Committee issued notice to the interest rate cut in October to pave the way not surprising. Data concern: for the 0830 GMT announcement of the United Kingdom in August CIPS services PMI. Sterling / dollar on the map of bearish technical indicators, the MACD bearish, random targets in the oversold region continued to pressure: This shows that the short-term exchange rate will be steady or lower. I see support at 1.7781 U.S. dollars (yesterday's low), then look at 1.7751 U.S. dollars (April 21, 2006 record low); support below here, down the exchange rate target at 1.7374 U.S. dollars (2006 April 10 Set on low); see resistance at 1.7982 U.S. dollars (early Monday hit the bottom), then look at 1.8224 U.S. dollars (Since July 31 high of 1.9928 U.S. dollars down the trend line resistance).

0,739 U.S. dollars / Swiss franc is expected to settle down, yesterday the exchange rate had hit eight-month high of 1.1130 Swiss francs; oil prices lower, dollar sentiment all strong and Switzerland in August CPI data on the composition of the favourable exchange rate factors, data show that Switzerland August CPI dropped 0.3 percent the previous month, and is expected to decline 0.2 percent, but the data for the impact of the stronger-than-expected second-quarter GDP data Switzerland offset by Swiss second quarter GDP growth in the first quarter of 0.4 percent, Expected to increase 0.1 percent. Dollar / Swiss franc on the map of indicators point to different, random targets to improve, but the MACD is still bearish. The first resistance at 1.1130 Swiss francs (yesterday's high), if the break up of the level of exchange rate targets or at 1.1190 Swiss francs (January 8 high); support at 1.1005 Swiss francs (yesterday's low), then look at 1.0947 Swiss Franc (Monday lows), followed by 1.0922 Swiss francs (last Friday lows).

0739 is expected dollar / Canadian dollar will tend to a strong correction, yesterday hit 12 half-month high of 1.0747 Canadian dollars. In the Bank of Canada announced in the 1300 GMT rate decision, market sentiment remain cautious. Most analysts expect the central bank will keep interest rates unchanged at 3.00 percent, but the Canadian overnight interest rate swaps market reflects the possibility of interest rate cut to about 40 percent. Scotia Capital foreign exchange strategist Stephen Malyon said that today there are a lot uncertainty, investors reluctant to build positions. Support the dollar / Canadian dollar factors include: oil prices fell, the dollar strengthened in the world, and hedge emotional warming caused the Canadian dollar / yen carry trade financing positions open. Dollar / Canadian Yuanri Line indicators bullish, bullish because of random index, MACD to bullish. The first resistance at 1.0747 Canadian dollars (yesterday's high), breaking up after the goal look at 1.0865 Canadian dollars (August 16, 2007 high). Support at 1.0658 Canadian dollars (yesterday's low), followed by 1.0611 Canadian dollars (Monday lows), then look at 1.0468 Canadian dollars (low last Friday).

0739 euros / yen will be weak finishing, after yesterday reaching five-month low 156.93 yen, due to reduced risk preferences lead to lifting of financing arbitrage trading. The euro / yen bearish on the map, the MACD bearish, random targets in oversold zone repressed, that short-term exchange rate will stabilize or lower. First support at 156.93 yen (yesterday's low); if it will break through at 156.00 yen (March 31 low), followed by 153.82 yen (from August 7 high of 169.50 yen and the August 13 low of 161.35 yen Drop from the formation of the next track); resistance at 158.46 yen (yesterday's high), close to May 9 before the lows), followed by 159.90 yen (access tracks).

0739 euros / pounds expected to be a strong correction. The exchange rate of 0.8162 pounds yesterday after hitting a record high, supported by the pound popularity slump. Bullish on the map of indicators, MACD indicators issued a bullish signal, random indicators in the region remains overbought rally: indicates that the euro / British pound held steady or higher short-term. The exchange rate first resistance at 0.8162 pounds to see if the breakthrough was up at the psychological price target 0.8200 pounds; see support at 0.8101 pounds (yesterday's low), followed by 0.8088 pounds (Monday lows), followed by 0.8030 pounds (low last Friday ).


  • View 389  | Comment  |  恒大地产
  • Comment
               Please input the correct calculation result!