التحليل التقني للعملات الاساسية وللمعادن
(شركة جست تريدر)
Tuesday the 13th of March 2012
By: Thomas Francisco
The EUR showed resilience on Monday and gained even as talk about weak growth from the E.U., and other nations possibly lining up to create new debts swaps found their way into the news. Denied strongly by European officials, Spain and Portugal find themselves under the microscope regarding their Sovereign Debt scenarios. The German ZEW Economic Sentiment reading will be presented today and a mark of 10.6 is expected. But the German data is unlikely to be the focus. European officials are doing their best to say the Greece crisis has now been averted, but analysts quantifying the entire fiasco tend to disagree and believe hurdles still must be jumped.
Gold traded in a consolidated fashion on Monday and came off of its short term highs. As of this morning Gold finds itself around 1702.00 USD. Gold like the entire broad market is showing signs of nervous sentiment. The question some investors are pondering are the amount of speculative forces in the metals market and when and if they could run out of steam.
Crude Oil gained slightly on Monday but remains in a slow moving consolidation. The problem with consolidated patterns such as this one is that often there is a break out. For the moment traders are showing little in the way of direction as Crude Oil does a balancing act between dueling market forces. Crude Oil Inventories will come from the States tomorrow, but Asian economic data particularly from China may present some headwinds. Traders should be braced for possible volatility within Crude Oil later this week.
S&P, NASDAQ, DOW
A mixed day of trading took place on Monday in the equity markets, while NASDAQ traded down slightly, the Dow and S&P both produced small gains. Traders continue to display a wait and see approach on Wall Street. Today the FOMC Statement will come from the Federal Reserve and Retail Sales data will be presented. Analysts are not expecting many surprises from the Fed later today, but will look over its report intently nonetheless.