FX Charts, EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF
The yen slumped to its lowest in over a year-and-a-half against the U.S. The USD rose as far as 84.48 yen, its highest since April 2011, from around 83.50 late in New York on Friday. The euro jumped to around 111.30 yen from 109.81.
JAPAN: Shinzo Abe’s victory in Japan’s election : opinion the central bank will add to stimulus.
JAPAN: The yen lowest in over a year-and-a-half against the USD
GOLD: Gold falls on USD strength in spite of record ETP investments
US: Risk Perception : USD strengthened 0.1 % against a basket of six currencies
Factors
Japan’s conservative LDP party, pledged to hyper-easy monetary policy, won a landslide victory at an election
Yields on sovereign securities moved in the opposite direction from what ratings suggested in 53 % of the 32 upgrades, downgrades and changes in credit outlook,
EUR/USD intraday: intraday support around 1.3125
Pivot: 1.3125.
Our preference: LONG positions above 1.3125 with targets @ 1.3185 & 1.321.
Alternative scenario: The downside penetration of 1.3125 will call for 1.31 & 1.3065.
Comment: the pair has broken above its resistance and remains on the upside.
Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
| GBP/USD intraday: bullish bias above 1.6135
Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
|
| USD/CAD intraday: bullish bias above 0.984.
Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
|
| USD/JPY intraday: further upside.
Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
|
| AUD/USD intraday: under pressure.
Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
|
USD/CHF intraday: under pressure.
Pivot: 0.9205.
Our preference: SHORT positions below 0.9205 with 0.916 & 0.9135 in sight.
Alternative scenario: The upside breakout of 0.9205 will open the way to 0.9235 & 0.926.
Comment: the pair stands below its new resistance and remains under pressure.
Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
Related Articles
FX Charts and News: EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF
December 12th, 2012
FX Update EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF
January 3rd, 2013
Friday Charts, EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF
December 14th, 2012
Charts for Tuesday: Crude Oil, Gold, EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF
December 11th, 2012
FX Outlook EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF
December 18th, 2012
Trading Update: Oil, Gold, EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, USD/CHF
November 30th, 2012
More News
Heffernan Capital Management
Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com
Singapore
3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699
Shayne Heffernan Ph.D.
Economist/Hedge Fund Manager
Shayne Heffernan oversees the management of funds for institutions and high net worth individuals. He is also an active consultant working with Corporations around the World.
He is recognized as one of the leading Economists in South East Asia, as well as the preeminent authority on ASEAN. His opinions and forecasts are widely read by decision makers in the region and Internationally.
Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reached a peak of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.
Member
Chinese Society of Economists
American Economic Society
1 of 6
China Economy in for a Shock
Thursday’s PMI revived investor worries about whether China can sustain an economic revival this year, after annual growth slumped to a 13-year trough in 2012. China’s factory output and investment performance for April released earlier …
CommentaryInvestor Services
Portfolio Management Services
Protect against inflation and currency shifts.
What is Portfolio Management?
Managing investments in equities requires time,
…
UAE Economy Seeing a Spring Boom
HBC
Driven by stable high Crude Oil prices, tourism, diversification and a liberal trade policy, the United Arab Emirates (UAE) witnesses an unprecedented …
Eric Holder Personally signed Fox News Reporter’s Warrant
US President Obama’s Justice Department is defending the decision by Attorney General Eric Holder to sign off on the …
The Hot List
Enviro-Serv Inc (OTCMKTS:EVSV), Medical Marijuana Inc (OTCMKTS:MJNA)
Enviro-Serv Inc (OTCMKTS:EVSV)
EVSV had a stellar dy yesterday, ut it looks like it is just the begining of big things, good …
shoutbox
Guest: bztg, come on shane, lite this puppy up. been waiting too long lets go!!!
Tue, 04/30/13 | 0 Comment
1031 
104 
Guest: gsat get it now. if u snooze u lose
Fri, 04/19/13 | 0 Comment
1413
146
