Intraday Analysis Update Wed Dec - 11

Intraday Markets

Could USA oil supplies data cause WTI oil to flirt with the critical $100 a barrel level?

Wednesday sees the publication of USA oil supplies data, expected to print at -5.6 bn barrels, whilst the USA federal budget balance is expected to print at $154.6 bn, significantly worsening from the previous month's figure of $91.6 bn. In New Zealand the cash rate is announced, predicted to stay the same at 2.5%. The press conference, the rate statement and the policy statement will accompany the announcement of the base interest rate, finally later that evening the RBNZ governor Wheeler will conduct a conference.

see more at : Intraday Analysis Update Wed Dec - 11

Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.

Intraday Analysis Update Tue Dec -10

ECOFIN meetings might affect Euro direction, whilst important USA economic data is published in the New York session see more at : 

Intraday Analysis Update Tue Dec -10

Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.

FXCC : MARKET UPDATE 30.05.2013

2013-05-30 04:30 GMT OECD: Global economy is moving forward at multiple speeds In its biannual Economic Outlook report, published on Wednesday, the Organization for Economic Cooperation and Development reduced the global growth outlook to 3.1% from the previous estimate of 3.4%. It expects the US and the Japanese economies to improve this year, suggesting at the same time that the Eurozone will continue to lag which might have “negative implications for the global economy." The OECD cut the Eurozone growth forecast to -0.6% from -0.1% estimated in November 2012, warning that "activity is still falling, reflecting ongoing fiscal consolidation, weak confidence and tight credit conditions, especially in the periphery." The Eurozone economy should rebound to 1.1% in 2014. The OECD also urged the ECB to seriously consider implementing QE and introducing negative deposit rates in order to stimulate recovery in the area. China, which already saw its growth outlook reduced on Tuesday by the IMF, is expected to grow by 7.8% this year, down from a previous estimate of 8.5%. The organization was more upbeat about the US, which is projected to grow by 1.9% in 2013 and by 2.8% in 2014. Japan's growth forecast was hiked to 1.6% from 0.7%, with the prospect of a 1.4% gain next year, owing to the BoJ's implementation of fiscal and monetary stimulus programs.-FXstreet.com   2013-05-30 06:00 GMT UK. Nationwide Housing Prices n.s.a (YoY) (May) 2013-05-30 12:30 GMT USA. Gross Domestic Product Price Index 2013-05-30 14:30 GMT USA. Pending Home Sales (YoY) (Apr) 2013-05-30 23:30 GMT Japan. National Consumer Price Index (YoY) (Apr) http://bit.ly/FXCC_Deryworldscorphttp://bit.ly/FXCC_Deryworldscorp   2013-05-30 04:39 GMT USD eases to key level at 83.50 ahead of US GDP 2013-05-30 03:11 GMT GBP/USD – Bullish engulfing candle to spur further advances? 2013-05-30 02:29 GMT EUR/USD edging towards resistance at 1.3000 2013-05-30 01:50 GMT Aussie edging higher towards resistance at 0.9700

AUDUSD 0.96915 / 920 NZDUSD 0.81185 / 197 USDCHF 0.95677 / 683 USDCAD 1.03311 / 318 GBPJPY 152.780 / 796 EURCHF 1.24228 / 233 GOLD 1404.99 / .05 SILVER 22.59 / .63

EURUSD HIGH1.2975 LOW1.29332 BID1.29729 ASK1.29729 CHANGE0.26% TIME08:23:33

OUTLOOK SUMMARY Up TREND CONDITION Upward penetration TRADERS SENTIMENT Bearish IMPLIED VOLATILITY High

MARKET ANALYSIS - Intraday Analysis Upwards scenario: Recent upside penetration is limited now to the key resistive barrier at 1.2977 (R1). Appreciation above this mark might likely push the pair toward to next targets at 1.2991 (R2) and 1.3006 (R3) in potential. Downwards scenario: Possible bull back on the hourly chart might face next hurdle at 1.2933 (S1). Break here is required to open road towards to our next retracement target at 1.2919 (S2) en route to final aim at 1.2902 (S3). Resistance Levels: 1.2977, 1.2991, 1.3006 Support Levels: 1.2933, 1.2919, 1.2902

GBPUSD HIGH1.51713 LOW1.51136 BID1.51673 ASK1.51681 CHANGE0.26% TIME08:23:34

OUTLOOK SUMMARY Up TREND CONDITION Upward penetration TRADERS SENTIMENT Bullish IMPLIED VOLATILITY High

Upwards scenario: A bullish oriented market participant might pressures to test our next resistance level at 1.5165 (R1). Loss here could open a route towards to our interim target at 1.5188 (R2) and the main aim for today locates at 1.5211 (R3). Downwards scenario: As long as price stays below the moving averages our medium-term outlook would be negative. Though, extension lower the 1.5099 (S1) is being able to drive market price towards to our next supports at 1.5076 (S2) and 1.5053 (S3). Resistance Levels: 1.5165, 1.5188, 1.5211 Support Levels: 1.5099, 1.5076, 1.5053

USDJPY HIGH101.538 LOW100.592 BID100.803 ASK100.807 CHANGE-0.34% TIME08:23:35

OUTLOOK SUMMARY Down TREND CONDITION Downward penetration TRADERS SENTIMENT Bullish IMPLIED VOLATILITY Medium

Upwards scenario: USDJPY recently tested negative side and currently remains stable below the 20 SMA. Possible price appreciation is limited to the resistance level at 101.53 (R1). Only clear break here would suggest next intraday targets at 101.81 (R2) and 102.09 (R3). Downwards scenario: Any prolonged movement below the support at 100.60 (S1) might prolong downside pressure and drive market price towards to supportive means at 100.34 (S2) and 100.08 (S3). Resistance Levels: 101.53, 101.81, 102.09 Support Levels: 100.60, 100.34, 100.08

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Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities. Visit Us www.deryworldscorp.web.id Visit Us www.deryworldscorp.asia

FXCC MARKET UPDATE : 29.05.2013

2013-05-29 02:40 GMT EUR Succumbs to Rise in U.S. Yields Demand for U.S. dollars kept pressure on the euro and all major currencies throughout the North American session. Between the recovery in U.S. stocks and the surge in U.S. yields, the dollar is one of the most coveted currencies. Even though we haven’t seen a major pickup in foreign demand for U.S. dollars, particularly from Japan, the longer U.S. yields hold above 2% (10 year yields are at 2.15%), the more tempting it will be for foreign investors. The lack of U.S. data at the front of the week means the lack of threat to the dollar rally. As long as the good news continues to flow in, the dollar will remain in demand. How well the greenback performs against various currencies will of course depend on how economic data from those countries fare. We have seen some recent improvements in Eurozone data that reduces the chance of additional easing by the European Central Bank. German labor market numbers are scheduled for release tomorrow and an upside surprise will keep the EUR above 1.28. The main driver of EUR/USD weakness has been the divergence between U.S. and Eurozone data – one was improving as the other was deteriorating. If we start to see improvements in the Eurozone economy, then the dynamics affecting the euro will start to change to benefit of the currency. Unfortunately based on the latest PMI numbers, there’s a risk of a downside surprise. According to the report, staffing levels fell for the first time since January with job shedding seen in both the manufacturing and service sectors. If unemployment rolls climb in the month of May, the EUR/USD could extend its losses but even then, the losses could be contained to 1.28, a level that has held for the past month. We probably need to see back to back weakness in Eurozone data (German unemployment and retail sales) for 1.28 to be broken.-FXstreet.com 2013-05-29 07:55 GMT Germany. Unemployment Change (May) 2013-05-29 12:00 GMT Germany. Consumer Price Index (YoY) (May) 2013-05-29 14:00 GMT Canada. BoC Interest Rate Decision 2013-05-29 23:50 GMT Japan. Foreign bond investment 2013-05-29 04:41 GMT Sterling hovering above critical support at 1.5000 2013-05-29 04:41 GMT USD unchanged; IMF lowers China GDP forecast 2013-05-29 04:16 GMT EUR/USD technical picture continues to sour, more declines to come? 2013-05-29 03:37 GMT AUD/JPY continues to find firm bids near 97.00

AUDUSD 0.95554 / 561 NZDUSD 0.80640 / 652 USDCHF 0.97836 / 849 USDCAD 1.04179 / 186 GBPJPY 153.830 / 848 EURCHF 1.25664 / 680 GOLD 1383.80 / .03 SILVER 22.34 / .35

EURUSD HIGH1.28641 LOW1.28414 BID1.28489 ASK1.28495 CHANGE-0.05% TIME08:17:35

OUTLOOK SUMMARY Down TREND CONDITION Downward penetration TRADERS SENTIMENT Bearish IMPLIED VOLATILITY Medium

MARKET ANALYSIS - Intraday Analysis Upwards scenario: Our medium-term outlook is shifted to the negative side after the losses provided yesterday, however market appreciation is possible above the next resistance at 1.2880 (R1). Loss here would suggest next intraday targets at 1.2899 (R2) and 1.2917 (R3). Downwards scenario: Fresh low at 1.2840 (S1) offers a key resistive measure on the downside. Break here is required to enable bearish pressure and validate next target at 1.2822 (S2). Final support for today locates at 1.2803 (S3). Resistance Levels: 1.2880, 1.2899, 1.2917 Support Levels: 1.2840, 1.2822, 1.2803

GBPUSD HIGH1.50405 LOW1.50157 BID1.50206 ASK1.50215 CHANGE-0.13% TIME08:17:36

OUTLOOK SUMMARY Down TREND CONDITION Down trend TRADERS SENTIMENT Bullish IMPLIED VOLATILITY Medium

Upwards scenario: Our attention on the upside is put to the next resistive barrier at 1.5052 (R1). Break here is required to stimulate bullish forces to expose initial targets at 1.5078 (R2) and 1.5104 (R3) later on today. Downwards scenario: On the other hand, break below the support at 1.5014 (S1) is required to enable further market decline. Our next supportive measures locates at 1.4990 (S2) and 1.4967 (S3). Resistance Levels: 1.5052, 1.5078, 1.5104 Support Levels: 1.5014, 1.4990, 1.4967

USDJPY HIGH102.526 LOW102.019 BID102.381 ASK102.384 CHANGE0.04% TIME08:17:37

OUTLOOK SUMMARY Up TREND CONDITION Upward penetration TRADERS SENTIMENT Bullish IMPLIED VOLATILITY Medium

Upwards scenario: Instrument gained momentum on the upside recently, turning short-term bias to the positive side. Further upwards penetration above the resistance at 102.53 (R1) would enable bullish forces and might drive market price towards to our initial targets at 102.70 (R2) and 102.89 (R3). Downwards scenario: On the other hand, prolonged movement below the initial support level at 102.01 (S1) might trigger protective orders execution and drive market price towards to supportive means at 101.82 (S2) and 101.61 (S3). Resistance Levels: 102.53, 102.70, 102.89 Support Levels: 102.01, 101.82, 101.61

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Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities. Visit Us www.deryworldscorp.web.id Visit Us www.deryworldscorp.asia

FXCC : MARKET UPDATE 28.05.2013

2013-05-28 03:25 GMT After the storm As last week’s volatility in Japanese markets demonstrates central banks do not have it all their own way. Unfortunately for Japan the risk remains that policy makers spur higher yields without accompanying growth, an outcome that would be highly undesirable, especially if it hits economic activity. Equity markets and risk assets in general came under pressure and safe havens found long lost bids, with core bond yields moving lower and JPY and CHF strengthening. The heightened volatility in markets was also partly triggered by concerns about the timing of the tapering off of Fed asset purchases, with Fed Chairman Bernanke setting the cat amongst the pigeons by with commenting about the possibility of reducing asset purchases over the next few meetings. Additionally weaker than forecast Chinese manufacturing confidence data came as another blow to markets. While the market reaction looked a tad overdone in it is notable that the dichotomy between growth and equity market performance has widened over recent weeks. This week is likely to begin on a calmer note, with holidays in the US and UK today. Data releases in the US will remain encouraging , with May consumer confidence likely to move higher although US Q1 GDP is likely to be revised slightly lower to 2.4% due an inventories hit. In Europe, while the trajectory of recovery is starting from a much lower base there will be some improvement in business confidence in May while inflation will be well contained at 1.3% YoY in May, an outcome that will maintain room for more European Central Bank policy easing. In Japan a sixth straight negative CPI reading will highlight jus how difficult the job is for the Bank of Japan to meet its inflation target. The JPY was a major beneficiary of last week’s volatility helped by short covering as speculative positioning in the currency reached its lowest level since July 2007. A calmer tone to markets ought to ensure that JPY upside will be limited and USD buyers are likely to emerge just below the USD/JPY 100 level. In contrast the EUR has been surprisingly well behaved despite the fact that speculative EUR positioning has also dropped sharply over recent weeks. While the overall trend is lower EUR/USD will find some support on any dip to around 1.2795 this week. -FXstreet.com 2013-05-28 06:00 GMT Switzerland. Trade Balance (Apr) 2013-05-28 07:15 GMT Switzerland. Employment Level (QoQ) 2013-05-28 14:00 GMT USA. Consumer Confidence (May) 2013-05-28 23:50 GMT Japan. Retail Trade (YoY) (Apr) 2013-05-28 05:22 GMT USD/JPY offered at 102 figure 2013-05-28 04:23 GMT Bearish chart pattern developments still favor further downside in EUR/USD 2013-05-28 04:17 GMT AUD/USD erased all loses, back above 0.9630 2013-05-28 03:31 GMT GBP/USD chopping around 1.5100 in Asia trade

AUDUSD 0.96397 / 405 NZDUSD 0.80852 / 860 USDCHF 0.96685 / 694 USDCAD 1.03455 / 459 GBPJPY 154.046 / 049 EURCHF 1.24952 / 961 GOLD 1387.71 / .82 SILVER 22.49 / .50

EURUSD HIGH1.29389 LOW1.28839 BID1.29265 ASK1.29267 CHANGE-0.02% TIME08:26:26

OUTLOOK SUMMARY Down TREND CONDITION Downward penetration TRADERS SENTIMENT Bearish IMPLIED VOLATILITY Medium

MARKET ANALYSIS - Intraday Analysis Upwards scenario: Recently pair gained momentum on the downside however appreciation above the next resistance at 1.2937 (R1) might be a good catalyst for a recovery action towards to next expected targets at 1.2951 (R2) and 1.2965 (R3). Downwards scenario: Any downside penetration is limited now to the initial support level at 1.2883 (S1). A breach of which would open a route towards to next target at 1.2870 (S2) and potentially could expose our final support at 1.2856 (S3) later on today. Resistance Levels: 1.2937, 1.2951, 1.2965 Support Levels: 1.2883, 1.2870, 1.2856

GBPUSD HIGH1.51151 LOW1.50638 BID1.51108 ASK1.51115 CHANGE0.09% TIME08:26:27

OUTLOOK SUMMARY Down TREND CONDITION Downward penetration TRADERS SENTIMENT Bullish IMPLIED VOLATILITY Medium

Upwards scenario: New portion of macroeconomic data releases might increase volatility later on today. Our resistances at 1.5139 (R2) and 1.5162 (R3) could be exposed in case of possible upwards penetration. But first, price is required to overcome our key resistive barrier at 1.5117 (R1). Downwards scenario: Downside development remains for now limited to the next technical mark at 1.5085 (S1), clearance here would create a signal of possible market weakening towards to next expected targets at 1.5063 (S2) and 1.5040 (S3). Resistance Levels: 1.5117, 1.5139, 1.5162 Support Levels: 1.5085, 1.5063, 1.5040

USDJPY HIGH102.057 LOW100.99 BID101.915 ASK101.917 CHANGE0.97% TIME08:26:28

OUTLOOK SUMMARY Up TREND CONDITION Upward penetration TRADERS SENTIMENT Bullish IMPLIED VOLATILITY Medium

Upwards scenario: USDJPY upwards penetration is approaching our next resistive barrier at 102.14 (R1). Surpassing of this level may initiate bullish pressure towards to next visible targets at 102.41 (R2) and 102.68 (R3). Downwards scenario: Risk of possible corrective action is seen below the support at 101.65 (S1). With penetration here opens a route towards to our immediate support level at 101.39 (S2) and any further price cut would then be limited to final target at 101.10 (S3). Resistance Levels: 102.14, 102.41, 102.68 Support Levels: 101.65, 101.39, 101.10

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Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities. Visit Us www.deryworldscorp.web.id Visit Us www.deryworldscorp.asia