NSE BSE TIPS TREND for TODAY
Nifty and sensex market is closed in red. The downfall of nifty and sensex is expected on more divergent basis.
Wednesday Outlook 05-23-12
The SPX 500 sits about 9 points lower from Tuesday’s close on the S&P 500 (as of 7:55am ET). There was talk
USD/JPY Forecast May 23, 2012, Technical Analysis
The USD/JPY pair had a bullish day on Tuesday as the world awaits the result of the Bank of Japan’s meeting. The pair slammed into the 80 level again, and there were plenty of offers there to keep prices under wraps. The meeting could produce fir
GBP/USD Forecast May 23, 2012, Technical Analysis
The GBP/USD pair fell hard during the Tuesday session as the recent hammer from the Friday session is being tested for support. The breaking of the 1.5700 level would be a signal for us to sell this market, and we do prefer it as the risks are nu
USD/CAD Forecast May 23, 2012, Technical Analysis
The USD/CAD pair had a bullish session for Tuesday as the bounce recaptured much of what was lost on Monday. The oil markets fell again, and this certainly helped the rise in this pair. The Dollar is currently being bought against most other curr
NZD/USD Forecast May 23, 2012, Technical Analysis
The NZD/USD pair fell hard during the session on Tuesday as European fears continue to haunt the markets. In late New York trading, former Prime Minister of Greece Papademos suggested that a Greek exit from the European Union was a very real risk
Light Sweet Crude Forecast May 23, 2012, Technical Analysis
The Light Sweet Crude markets fell again during the session on Tuesday as the bearish pressure is simply far too strong to get a significant rally at the moment. The market is certainly one that is going to suffer from the lack of risk appetite.
Natural Gas Prices May 23, 2012, Technical
The natural gas markets rose a bit during the session on Tuesday, further consolidating around the current level at $2.60 or so. The $2.60 level does look like support, and as a result this isn’t a big surprise. We prefer selling natural gas at t
Gold Prices May 23, 2012, Technical
The gold markets fell on Tuesday, triggering a sell position at the bottom of the previous day’s small shooting star. While we didn’t take the trade, there is a case to be made for it. We are waiting until the $1,500 level gives way to become agg
Crude Oil Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendations:Crude Oil continued its decline, trading at 92.25 down 0.60. Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become more expensive for holders of
EUR/GBP Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendations:The EUR/GBP opened trading at 0.8094 and declined to 0.8072 as the euro continued to fall against most of its partners.
There was little in the way of eco data from Europe and some disappointing numbers in the U
EUR/CHF Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendations:The EUR/CHF remains deadlocked at 1.2010. As markets continue in risk aversion mode, the euro continues to decline against most of its partners, but the SNB floor at 1.20 keeps the pair locked in the same small trad


