The euro against the dollar - 28/12/2011

The euro against the dollar - 28/12/2011

Is still parked at a level of 61.8%, where the pair continue the euro against the dollar to fluctuate around this level with a narrow range and a clear view of the weak trading volumes.
From here, we still prefer the neutrality, the price to take a clear path through which we can determine the destination of the instantaneous and short-term goals more clearly. Expected trading range for today is between: Support and resistance 1.2900 1.3150

General tendency is expected for today: neutral

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The pound sterling against the dollar - 28/12/2011

The pound sterling against the dollar - 28/12/2011

Because the narrow scope of control over the trading pair of sterling against the dollar, while maintaining price stability over the SMA 50 which is a good support for intraday trading.
In general, we still reserve the scenario the upward trend is expected for the day, which mainly targets to attack the pivotal resistance level 1.5775, which represents the line of the neck supposed to bullish technical pattern has targets upward starting at the psychological barrier of 1.6000 in the case of successful price broke the neckline mentioned. Trading range expected to this day between: Support and resistance 1.5550 1.5885

General tendency is expected for the day: a rising

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Silver - 28/12/2011

Silver - 28/12/2011

Trading price of silver continues to slope downward while maintaining stability without the pivotal support levels ranging from 29.10


SMA 50 continues its negative pressure on the current trading, while the following objectives are located on 27.50.
Continuing the downward trend trades without requiring constant 29.10 and most importantly stability below 29.90 trading range for today is expected between: Support and resistance 27.50 29.90

General tendency is expected for the day: the downside

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European stocks varied impact of the continuing concerns about debt

European stocks varied impact of the continuing concerns about debt

Variation European stocks continued concerns

European stock markets have witnessed a variation on Wednesday following the continuing investor concerns about the debt crisis in the euro zone ahead of Italy, a group of Italian bond auctions later in the day.

During the morning European trading, the higher the EURO STOXX 50 index by just 0.03%, and the CAC 40 index rose by 0.37% French, while the benchmark German DAX 30 rose 0.42%.

While markets continued their activities after the British calm experienced because of the holidays. Most investors have moved away from markets towards the end of the year, marked by weak trading volumes, and then calmed down trading on the market.


This has made ​​the stock at the forefront of the losses, as shares fell the German central bank rate of 2.20%, and decreased shares of ING Group increased by 1.95%, while shares fell Société Janral French bank Credit Agricole rose 1.95% and 1.87% respectively.

At the same time, landed the French Carrefour group of companies by 0.29% after the sale of 97 store locations in France.

In London, the FTSE 100 index of heavy goods by 0.28% despite sharp losses incurred by the mining sector.

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