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EUR/USD 1.07698 08:10 06.12
FTSE F-DEC16 6745.750 08:00 06.12
USD/RUB 63.806 08:00 06.12
USD/CHF 1.00590 08:00 06.12
OIL-FEB17 (BRENT) 54.685 08:00 06.12
COPPER-NOV16 2.6553 08:00 06.12
NZD/CHF 0.71775 08:00 06.12
CAD/CHF 0.75864 08:00 06.12
NZD/USD 0.71357 08:00 06.12
EUR/AUD 1.44544 08:00 06.12
CAD/JPY 85.854 08:00 06.12
AUD/USD 0.74454 08:00 06.12
AUD/JPY 84.756 08:00 06.12
GBP/USD 1.27552 08:00 06.12
VTB BANK 0.068930 08:00 06.12
TENCENT HOLDINGS 190.150 08:00 06.12
ROSNEFT' 350.875 08:00 06.12
GOLD VS SILVER 69.8109 08:00 06.12
EUR/GBP 0.84379 08:00 06.12
OIL-JAN17(WTI CRUDE) 51.435 08:00 06.12
SILVER 16.805 08:00 06.12
GOLD/EUR 1090.185 08:00 06.12
GOLD 1173.311 08:00 06.12
NASDAQ F-DEC16 4779.125 08:00 06.12
GOLD VS OIL 21.4558 08:00 06.12
USD/CAD 1.32590 08:00 06.12
S.BANK INDIA 259.675 08:00 06.12
AXIS BANK 460.725 08:00 06.12
TATA STEEL 414.100 08:00 06.12
TATA MOTORS 443.150 08:00 06.12
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By: Daniel Gant
January 27th 2014 14:00pm GMT, London UK

Last week the EUR/USD pair had been moving sideways for first 3 days but on Thursday with strong European data and weak American data the pair jumped from 1.3540 level to almost 1.3700 level. The pair tried to climb more on Friday but lost momentum and currently is ranging around 1.3680. This week should be better for trading because of many important economic events. On Monday the traders should pay attention to German Ifo Business Climate which is expected to show growing pattern. On Tuesday the U.S. Core Durable Goods and CB Consumer Confidence will be released. On Wednesday all the analysts and traders will watch the FOMC statement where we expect another tapering of monetary stimulus. On Thursday the major event will be release of U.S. Advance GDP which is predicted to show 3.2% growth.

Two weeks ago the USD/JPY pair touched last week its lowest price in 4 weeks and rebounded on 102.90 support back up to 104.80. Last week we saw similar situation when the pair strongly slid from 104.80 to 103.00 and then went down even lower to 101.80. The pair reacted on weaker U.S. data and soft performance of U.S. stocks market. The pair already reversed its bearish movement and may pick up this week if the U.S. economic data supports Dollar as well as if FOMC continues to reduce its quantitative easing program. Except of that we should pay attention to Japanese Retail Sales data which will be released on Wednesday. Also on Thursday will be announced very important data when the Japanese CPI will come out.

Last week the GBP/USD continued its sharp movement up supported by good U.K. economic data. The pair rose all the way to 1.6650 which is the highest price since May 2011 when the price peaked to 1.6750. However, on Friday the pair reacted negatively on the Mark Carney’s speech where he said that BoE will wait for long term recovery before policy tightens. The price is currently ranging around 1.6500. Except of the U.S. data we should watch this week the U.K. GDP which will be released on Tuesday. The forecast is to see 0.8% growth that means the same figure as last time in October. Any stronger result will pull the pair up.

Last week the price of Gold first declined to $1,232 an ounce but with weaker U.S. Dollar and softer stock market data the price increased to $1,278/ounce. That’s the highest price since November. The bullish sentiment has already changed to slightly bearish and the price decreased to $1,268 an ounce. This week the major event for gold is the Wednesday FOMC statement. Last time (in December) when FOMC started tapering of the $85 billion/month stimulus by $10 billion/moth, the price of Gold dropped to $1,187/ounce within one day. Therefore we should be careful with any buying position and wait for the statement to come.

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Daniel Gant
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Daniel Gant

Broker at GOptions
My strategies have been maintained and reworked for the last four years. Win loss accuracy and a stable method of volume production has insured my clients inside my personal portfolio success, not to mention the education, guides and management sessions that I teach daily.

I am not guaranteeing you success, but i am guaranteeing you that i will be providing you with my knowledge, training, time, strategies, technical analysis, fundamental analysis and all the tools that you will need to have a successful trading account.
Daniel Gant
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