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.

Recommendation: Buy / Sell dilevel 81.00-80.93 yen with a target profit taking dilevel 81.15, 81.40 and 81.85 with a stop loss target dilevel 79.95.

GBP

Inflation data this afternoon will again be the focus for the fundamental currency movements pounds. Market participants from Asia (China) is quite active in buying low dilevel but not large enough to limit the weakening pound is still potential to weaken if it again failed with stable above 1.6225/30 resistance level which has been fairly stable terknikal pelemahannya maintain rally on the study daily chart. Strengthening above the 1.6205 level will trigger a rally kelevel 1.6246, 1.6296 and 1.6205 1.6340.Pelemahan below level will trigger a rally kelevel 1.6153, 1.6108 and 1.6045.

Recommendation: Sell / Buy Pound 1.6245-1.6295 with a target profit taking dilevel 1.6160, 1.6035 and 1.5945 with target 1.6350 stop loss dilevel.

CHF

Factors of uncertainty in Europe makes the majority of the currency markets move to buy the Swiss franc as the save-haven currency, but the weakening Swiss franc in the short term is still likely to occur with a steady weakening of the signal above the 0.8875-0.8895 level to strengthen its short-term bullish trend with a target-weakening dilevel 0.8970 0.9065. Attenuation above the 0.8860 level will trigger a rally kelevel 0.8918, 0.8997 and 0.9057. Strengthening below 0.8860 level will trigger a rally kelevel 0.8776, 0.8719 and 0.8640.

Recommendation: Sell / Buy dilevel Swiss Franc 0.8860 with a target profit taking dilevel 0.8815, 0.8780 and 0.8740 with target 1.8910 stop loss dilevel.

Buy / Sell Swiss Franc dilevel 0.8820-0.8780 with a target profit taking dilevel 0.88.75, 0.8970 and 0.9055 with target 0.8720 stop loss dilevel.

AUD

Aussie chance to follow the rally weakened weakening silver on the commodities market with the rumors out Soros and other big market players of long position of Gold and Silver (the fall after a change in margin requirement) would give a great influence also on the weakening Australian dollar. Weakening Aussie rally will focus on the 1.0365 level for several trading sessions. The weakening below 1.0574 level will trigger a rally kelevel 1.0508, 1.0445 and 1.0574 levels 1.0378.Penguatan above will trigger a rally kelevel 1.0637, 1.0703 and 1.0766. Daily closing price below the 1.0510 level will signal further rally on the aussie with the target of 1.0415-1.0295.

Recommendation: Sell / Buy Aussie dilevel 1.0585/95 with a target profit taking dilevel 1.0520, 1.0480 and 1.0410 with target 1.0675 stop loss dilevel.

Data Release 17.5:

Hours 15:30 = England is scheduled to release CPI data (percentage change in consumer price level) which is expected to be released monthly increase to 0.7% from 0.3% the previous data it will have a positive or reinforce pounds in the long term. If the actual data release is greater than expected, then the pound will strengthen the impact and vice versa.

Hours 15:30 = UK RPI is scheduled to release data (percentage change in the price level of goods consumption) is expected to be released monthly increase to 0.8% from 0.5% the previous data it will have a positive or reinforce pounds in the medium term. If the actual data release larger estimate, then the pound will strengthen the impact and vice versa.

At 16.00 = European Union is scheduled to release data ZEW Economic Sentiment (sentiment changes index economics) monthly which is expected to be released down to 5.0 from 7.6 the previous data will have a negative / euro weaken in the long term. If the actual data release is smaller than expected, it will affect weaken the euro and vice versa.

At 19:30 = U.S. is scheduled to release data Building Permits (Changes in the number of new building development approval) of the monthly expected to be released without a change in the number of 0585 million. If the actual data release larger estimates, it will have a positive impact or strengthen the dollar in the long run and vice versa.

At 19:30 = U.S. is scheduled to be released Housing Starts data (change in rate of new home construction) is expected to be released monthly increase to 0568 million units of data sebalumnya 0549 million units it will have a positive impact / strengthen the dollar in the medium term. If the actual data release is greater than expected, it will affect the dollar strengthens and vice versa.

21:15 hours = U.S. is scheduled to release industrial output data (percentage change in industrial sector output) is expected to be released monthly drop to 0.4% then it will have a negative impact or weaken the dollar in the medium term. If the actual data release is smaller than expected, it will affect the dollar weakens and vice versa.