 |  |
| Action Insight | Candlesticks Trades | Markets Summary | Action Bias | Top Movers | Daily Technicals |
| Calendar | Elliott Wave Trades | Markets Volatility | Pivot Points | Heat Map | Daily Fundamentals |
| Action Insight Market Overview | Markets Snapshot |
Mid-Day Report: Dollar Steady after Income and Spending, Loonie Lifted by GDPDollar remains steady against Europeans and yen in early US session as personal income and spending data released provided little inspiration. Traders are also preparing for holiday, or might actually be on leave already. Though, some volatility was seen in Canadian dollar as boosted by the better than expectation GDP data. US personal income rose 0.2% in November versus consensus of 0.5%, personal spending was flat versus expectation of 0.4% growth. Headline PCE accelerated to 0.9% yoy while core PCE was unchanged at 1.1% yoy. Canadian GDP rose 0.3% mom in October versus expectation of 0.1% mom. Swiss UB consumption indicator improved to 1.43 in November. |
 |
| Featured Technical Report | |
USD/CAD Mid-Day OutlookDaily Pivots: (S1) 1.0597; (P) 1.0666; (R1) 1.0706; More... USD/CAD dips sharply in early US session and is back pressing near term channel support. But so far 1.0560 support is still intact and outlook is unchanged. Another rise above 1.0736 cannot be ruled out. but again, we'd be cautious on topping between 1.0656 and long term retracement level at 1.0803 to complete the whole rally from 0.9633. Meanwhile, break of 1.0560 will at least indicate short term reversal and will turn outlook bearish for 1.0415 support first. |
| Economic Indicators Update |
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Forex Trade Ideas | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Remark: Due to X'mas and New Year holidays, next Candlestick and Ichimoku Trade Idea update will be made on 2nd Jan 2014 Candlesticks Intraday Trade Ideas Update Schedule (GMT): Elliott Wave Daily Trade Ideas Update Schedule (GMT): | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Suggested Readings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fundamental Highlights
Technical Highlights
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
  |
| ||||||||
No comments:
Post a Comment