Report valute del 03/05

Euro / U.S. Dollar (1.3246)

Here we go again: Asia has closed the trading day in negative right on rumors that the bailout of Greece are mostly just "political statements" to which, before actual disbursement of money, takes a long time. However today, London will be closed for holidays, but still attendiamoci high volatility. For the day today, we suggest to include long exposures, ie buying, the area ratio of 1.3246, but not just put stop loss should pierce to the bottom level of 1.3199. The target we set could be identified in area 1.3275. Should be able to continue with bucarlo purchases with the second goal, and then placed at 1.3295 to 1.3315. The pivot level that we identify for the day today is set to 1.3250. Keep stop loss levels on narrow, volatility is still very high. If you pierce downward the level of support we offer 1.3199 of short exposures, ie sales, with the first target located at 1.3175 and then at 1.3155.


Euro / Japanese Yen (124.58)

Today we propose to long positions, or to buy the 124.58 area ratio but put a stop loss if it should reach the level of 123.99. The target we set for today is positioned to 124.75. If you pierce this support continue to increase with long exposures up to 124.95 with a final goal for the day today at 125.15. In this report, the pivot level that can be detected for today is positioned at 125.00. We suggest a strategy even if the relationship were to fall below the level of 123.99 to sell the report, with short exposure, and the first target located at 123.75 and if it bucarlo continue selling the relationship with objective and 123.60 after 123.15.


U.S. Dollar / Japanese Yen (94.03)

From our graphical approach that comes to us indicates that the level of 94.04 could be a long entry level, that is purchasing the report, however, do not forget to put a stop loss if the relationship were to fall to 93.79. The main focus for the day today could be identified at 94.55. If the ratio were to pierce the rising level of 93.55 could continue with the strategy so long and continue with the purchase of a new relationship with target set to 94.75 and then 94.95, although we believe it very difficult to achieve in the day today. In the event that the contract should pierce the level pivot positioned to 93.79, change operational strategy and short positions on the relationship, ie sell it, and insert first goal of the day 93.55. Should bucarlo sales continue downward until it reaches the level of 93.15.


GBP / U.S. Dollar (1.5259)

For the day today suggest entering purchase orders into 1.5259 area by entering a stop loss if the relationship were to reach a level of 1.5199. The target we set for today is positioned at 1.5275. If you have the strength to pierce this support to continue with long positions up to the new target position at 1.5295 and then at 1.5315. We should also include indications of where the ratio should fall below the level of 1.5199: in this case include short positions, that is selling the relationship with the first objective way to 1.5175 bucarlo and if it should continue with exposure Short up to the second objective of 1.5130.

Calm the markets

Closes a week very excited, although the calm seems to be back on the markets, the debt situation of sovereign states has not changed, indeed, the plan proposed by the EU and the IMF is going to mortgage and maybe kill, permanently both euro political Europe.

The aid that the EU member states must pay to Greece have an important place for most of our partners: for instance, Portugal, which is the next victim of the crisis, will credit the Greek about 800 million. But where will take this money if its rating of reliability has negative prospects, with an economy in recession and fiscal dancers? And this is just one example, Spain and Ireland will also contribute "pro rata" based on shares in European Central Bank.

Moreover, also within the EU there is another big problem for the time is omitted and set aside: Belgium. The government of Yves Leterme resigned a few days ago, after the institutional crisis seems to be the shadow of secession and internal cracks, the entire region in danger of splintering into three entities: Flanders, Wallonia and Brussels city. In the face of a united Europe.

In the U.S., the positive quarterly technology industry, including Motorola, Palm and the news of the acquisition by Hewlett Packard have revitalized shopping. So the situation is back to "normal" but what we have witnessed in recent days could be the nth degree, that we are going to meet very quickly, especially without the perception of what could really happen.

Caution, therefore, and especially attention to the many cracks that are creating this artificial dam and artificial, which could suddenly give way, and drag all the existing financial framework in a real disaster.