Aussie Interest Rates helpful info, but Being at Level Saturated Buy

Aussie higher after the Reserve Bank of Australia said the need for higher interest rates. "If economic conditions develop according to expectations, the higher interest rates is needed if inflation is consistent with the medium-term targets,"the RBA minutes released Tuesday. Finance Minister Martin Parkinson also optimistic that the Aussie will follow the good trail and export performance will remain at high levels for a while.

"Minutes of the meeting were optimistic and raised the RBA rate hike expectations," said Mitul Kotecha, strategic Credit Agricole. "Overall, positive impact for the Aussie. No statement did not mention the RBA will raise interest rates. "Credit Suisse index swaps show the RBA will raise interest rates by 34 basis points over the next 12 months, more than likely 28 basis points on 3 May.

Viewed from the stochastic indicator, the Aussie has been at level 80 which indicates that the Aussie was at overbought levels. The Aussie has the potential to back down to the nearest support level at 1.0578. While the nearest resistance level at 1.0633

Sterling Yen Bullish?

Japanese currency erodes the fall yesterday to reach the peak of 80.98. Yen is still in a period ranging with the projection has not changed, traded between 80.10 and 81.40 since mid last week.

"Indicators per hour shows a bearish signal is thin, the price of losing momentum in high school under 20," said Valeria Bednarik, Chief Analyst FXStreet.com. While the indicators of JPY 4 hour show is still constrained below the middle and moving up. "Moves Sideways, the yen should recovered above the 81.50 area to continue to rise, "said Bednarik. Meanwhile, if broken below the 80.00 level, a bearish acceleration might lead to a closer level of 79.00 yen.

For the pound sterling strengthened traded in the range of 1.6280 after the release of CPI inflation data exceeded expectations. The focus of the next market will be focused on meeting the EU Finance Ministers for European sovereign debt crisis resolution.

Based on technical studies, intraday bias is still bullish, especially after successfully penetrating consistently GBP upwards to target the 1.6250 key resistance area at 1.6320. But as long as price is still trading below 1.6380 area is still dominant bearish outlook

DISCUSSION OF DATA AND TRADING RECOMMENDATIONS (17 MEI 2011)

EUR

Bailout 78 billion euros to Portugal and Greece postponement of decision for the days of difficulty until the meeting next month negative impact the weakening euro in the next few trading sessions. Nikko Sekurities analyst predicts the euro may weaken to levels of 1:33. Strengthening above the 1.4150 level will trigger a rally kelevel 1.4252, 1.4345 and 1.4450. The weakening below 1.4150 level will trigger a rally kelevel 1.4056, 1.3960 and 1.3860. Euro likely to weaken if it fails again rose steadily above the 1.4180 resistance level daily.

Recommendation: Sell / Buy Euro dilevel 1.4200 with a target profit taking dilevel 1.4015, 1.3905 and 1.3730 with target 1.4300 stop loss.

JPY

Statement of the Japanese Central Bank Governor who said the economy in a very difficult situation after the tsunami and earthquake effects provide the fundamental impetus for the weakening yen disesi asia.Penguatan below level will trigger a rally kelevel 80.83 80.62, 80.40 and 80.83 80.19.Pelemahan above level will trigger a rally kelevel 81.05 , 81.27 and stable above 81.48.Pelemahan 81.25-81.45 level will give a strong signal of the weakening yen rally towards the target level of consolidation 81.85-82.30.

Swiss banking giant, UBS and Credit Suisse to protest rising above 19% CAR

SWISS. Two leading Swiss banks UBS and Credit Suisse which staged a protest against the draft banking legislation that would raise the capital adequacy ratio of 19%. It was delivered by UBS and Credit Suisse officials at a meeting of a parliamentary commission to discuss draft law on the too big too fail in the Swiss financial firms.

Capital ratio is expected to more than 19% are in contrast very far from Basel III agreement that only 10.5%. UBS and Credit Suisse consider this to be burdensome and reduce their competitiveness. The two giant banks is known to have a balance sheet which, when combined value more than doubled the Swiss economy.

In response to these protests, the monetary authorities of the Swiss National Swiss bank confirmed that Swiss banks must be protected from the possibility of growing very large so it will be included in the category of too big too fail.

Speculative Euro Stronger Against U.S. Dollar

Recent data releases are expected to potentially signaling a decline in economic performance in the European Union, observed early in speculative responded that the Euro was observed to move opposite direction to the estimated number of ZEW Economic Sentiment ekonom.Spekulasi that will show better performance than these estimates lead to the strengthening of currency movements Euro noon today

End U.S. Stimulus Will Hit Hard Gold More Than Oil

The end of quantitative easing, or so-called quantitative easing (QE), the U.S. will have a negative impact on gold, but demand for oil and industrial metals will continue to support if there is real economic growth, said Jeff Currie of Goldman Sachs.

"Gold is likely to directly reflect what is happening with QE, and we might see a big setback," said Currie, who heads commodities research at the investment bank.

Speaking at a Platts oil conference on Friday, Currie said the precious metal has been running behind quantitative easing, which has reduced the value of paper money.

Oil and industrial metals, on the other hand, has increased due to fears of supply shortages. If real, sustainable economic growth has been generated from the QE process, there may be some slowing of growth, but still can support the demand for industrial commodities, he said.

"We think at least 12 months away before we see some physical problems began to emerge again, that's why we argue for a correction in the near future," said Currie.

"But if the economy were to survive together, we believe oil will begin to look like agricultural products, with real physical shortages and higher prices."

Gold Distressed sluggish U.S. Dollars

Gold fell on Friday, with a sharp turn from the initial rise, as the dollar surges against the euro and the recent uncertainty about the euro zone debt crisis prompted investors to sell ahead of the weekend.

Spot gold fell 0.7% to $ 1,492.70 per ounce at the close of this morning, after earlier climbing as high as $ 1,516.50. U.S. gold futures for June delivery fell $ 13.20 to $ 1,493.60, after trading in the range of $ 1,482 to $ 1,516.50.

For this week, gold ended flat after slumping almost 5% last week in a blow to commodities.

Previously the beginning of the session, gold rose after data showed gasoline and food prices lifted U.S. inflation to 2-1/2 year highs in April, but there is little sign of the larger implications of rising consumer prices will complicate the Federal Reserve.

Gold depressed as U.S. dollar toward the highest six weeks against the euro because of concerns about the global economy pushed the dollar back into the market.

Precious metals have been pressured by worries about dollar strength, ahead of a meeting of Eurogroup finance ministers, followed by the Ecofin meeting of EU finance ministers on Monday, which could provide further direction to the euro. The single currency will likely remain under pressure until at least after investors digested the final result.

Silver continues to recover from last week's 25% correction. Silver rose 1.2% at $ 34.62 per ounce. But still losing about 1.5% for the week after recording the worst weekly performance since 1980 last week.

Silver has lost as much as 30% from record highs of $ 49.51 per ounce which was established on 28 April.

Potential bullish for the Aussie post-trade balance.

Aussie lifted by U.S. jobs data better than forecast. Apparently, the data were revived interest in risky assets. Aussie is now back to try the area after a falling $ 1.08 to $ 1.05. Another factor that lifted the Australian dollar is rising again RBA rate hike expectations. Last Friday, in his report, saying the RBA may need to raise interest rates again any time as the growth of mining investments that make unemployment fell and inflation rose.

Aussie currency movements as a whole yesterday's bullish about 110 pips since the Asian trading session begins. Rebounded on daily lowest level at 1.0737 after entering the European session to go to the highest level at 1.0850.

As seen pergerakah Aussie'm bullish inclined sideways. Be careful when falling through the trend line going to happen diagonal sharp correction.

There is no focus on economic data today for the Aussie currency. If price increases are continuing and did not penetrate the diagonal trend line then opened up opportunities to 1.0878 and 1.0947 resistance level. We recommend that if a decline continues and the trend line diagonal pass then the price can reach the level of support 1.0657.Harga visible line on the graph H1 and M10 MA05 bullish conditions.

While the Stochastic indicator indicates a strong bearish likely fall over the line when his diagonal trend

Dollar Stronger Against Euro But Still Vulnerable On Debt Crisis Greece

The euro edged up higher against the U.S. dollar and Japanese yen at the close Tuesday, although it struggled to gain momentum amid ongoing fears that Greece might have to restructure its debt.

Recent concerns about debt problems in the outskirts of the eurozone countries has pushed the euro rose more than 5 cents below the recent peak near $ 1.50, reached last week. Traders expect the euro to slide further, approaching support around $ 1.4150 in the coming days.

The euro rose earlier after the Dow Jones News reported the Greeks can receive new help a number of â, ¬ 60 billion as soon as possible in June to help meet the funding requirements. The currency slid back after Greece has denied the report.

The euro rose 0.3 percent at $ 1.4403, well above the session low of $ 1.4270 on trading platform EBS. It reached the peak closing at $ 1.4412 in afternoon trade as gains in U.S. stocks encouraged risk appetite.

Analysts said the euro vulnerable to rising concerns of debt even if investors stay focused on prospects for interest rates higher in the euro zone compared with the United States.

A step lower to test support around $ 1.4150, near a low position in mid-April and 38.2 percent retracement of the increase from January to May at around $ 1.4145.

The euro rose 1 percent against the yen at 116.39 yen after earlier sliding to the lowest 6-weeks. Dollar up 0.7 percent at 80.80 yen

Technically, JCI is still potentially strong but must watch out because the stochastic moving ramp starting to look overbought area

E Trading Securities Research reveals candlestick that has been outside the area of the upper line of Bollinger bands and lids right at the resistance line area channeling and RSI still trying to penetrate the overbought line.

"In trading today (3 / 5), JCI is expected to move dikisaran 3820-3867 by shares - shares that can be considered as ITMG MYOR BMRI and write the research.

In trading Monday (2 / 5) The Dow Jones closed down 3 points (0.02%) to the level of 12807.36 after the release of manufacturing data that tercatatat index lower previous estimates. Meanwhile, light sweet crude traded at a price of U.S. $ 113 per barrel (1.25%) on the Nymex after fears of terrorist retaliation for the death of Osama bin Laden to oil installations in the Middle East.

JCI yesterday (2 / 5) closed 29.7 points stronger (0.78%) to a level of 3849.30 following the release of April inflation data that was recorded down (deflation). Recorded a net foreign conduct amounting to Rp674 billion to buy shares of the most widely purchased is BMRI.Jk, PGAS, LPKR, ASII and EARTH.

While the rupiah was recorded fell 20 points to level Rp8.543 per U.S. $. Technically, JCI successfully move strengthened with marubozu white candlestick pattern which indicates a bullish continuation