Technical analysis Trading February 29 2012

Technical analysis Trading February 29 2012

EUR/USD Bias is bullish in the short term, but need a break and level the structure shown to the daily closing 1.3845 area to continue bullish scenario leading to a strong resistant area 1.3630. Movement above the area could trigger further bullish pressure towards area 1.3815. For movements down, break it back down area 1.3360 can delay a bullish scenario but keep the main outlook still bullish price valid for persisted above support strong at 1.3210 area.


GBP/USD overall prices are still in a bullish phase since transpiration upon Ichimoku clouds on the graafik 1 hour but the price has moved sideways in the last 6 weeks as shown in graph 1 hour. No change in outlook for technical and price above our survive 1.5805 still prefer daily bullish scenario in phase with this strategy buy on dips still test area – 1.5930 1.5900. Support the nearest was about 1.5805, break down those areas could trigger further bearish correction to 1.5760 area


AUD/USD Bias is bullish in the short term, especially if the price can go back through the 1.0805 back to the top test area before heading to 1.0845, in the area of 1.0920 resistant. Nearest Support around 1.0720 area, break down the area consistent can bring prices toward the neutral zone in the short term but over the price of defending the above 1.0645 we still prefer daily bullish scenario in phase with this strategy buy on dips.

XAU/LOCO Bias still bullish for prices persisted above area 1768 to 1810 area. Just break down area 1768 which can trigger further bearish correction and become a threat to the current bullish outlook.


HANGSENG INDEX as shown in chart 1, the bias is neutral in the short term tunuk hang on 21330 area – 21490, break out of rangi this can give us a clearer direction. Next is all around resistant area 21570, while the next support area is around 21200.


The NIKKEI INDEX daily chart on MACD still indicating a bullish bias remains strong, toward the target as the nearest 9835 bullish before the test area 9925. In the meantime the potential bearish correction is still there, break into the bawha area will bring prices toward 9770 level low yesterday around the area of the 9530.
GLOBAL ECONOMIC NEWS



"The information given herein is based on sources that we believe and reliable. However, we do not guarantee the accuracy or completeness of the data that we provide and we have no obligation to take charge when in fact the results of our analysis is different from going on the market. All decisions and konsequensinya your own stand.Thank You "

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The Euro strengthened against the US dollar on Tuesday

The Euro strengthened against the US dollar on Tuesday

The Euro strengthened against the US dollar on Tuesday as investor risk appetite ahead of pulihnya LTRO of ECB, however the fate of the euro will still be determined by the results of the auction.

It also helped push the price of gold rose by 1%. Oil add to pernurunan us economic data after a disappointing to closed below $ 107 a barrel. Meanwhile us stock exchange managed a rise despite economic data that mix.

Economic Data today is manufacturing PMI, industrial production, housing starts from Japan, Gfk consumer confidence from the inflation report from Ingris, BoE, HALIFAX, new home sales, retail sales of the KOF economic barometer of Australia, from Switzerland, CPI, GDP, the European zone Chicago PMI, crude oil inventories, the Fed beige book from the US, as well as speeches from Ben Bernanke.

EUR/USD closing 1.3464, high 1.3471, low 1.3388, C:1785.80, H:1790.20, and XAUUSD L:1766.20, CO-S c: 106.50, H: 108.79 L: 106.30. Dow C: 12997, H: 13023, L:12938.

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This is it 9 European countries down ' Rank '

This is it 9 European countries down ' Rank '

International rating agency Standard & poor's lowered the rating of 9 European countries since the debt crisis coiled retractable badly. What are the country down to whether it is?

In his announcement, there were four countries that ranked down two levels namely:

Italian
Spanish
Portugal
Cyprus


Then, there are five countries that ranked down one level, namely:

French
Austria
Malta
Slovakia
Slovenian

"This new ranking Decisions are driven by the results of the study we that policy initiatives taken by Governments across Europe in recent weeks has not been sufficient to redress the economic system in the area," the contents of the Standard & poor's statement quoted from Reuters, Wednesday (2/1/2012).

Standard & poor's decision to make Italy's ranking dropped to BBB +, meaning a notch with Kazakhstan. While ranking Portugal further slump.

Even so, Germany escaped the drop in the rankings. Currently ranked Germany still AAA. This made the announcement a decrease in ranking ' steamy ' Governments of Europe. Especially France and Austria are its ranking down from AAA.

As a result of these rankings are down, the euro fell more than 1%, shares in European exchange which initially went up immediately turned negative after the announcement of the drop in the rankings.

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Reports from Brussels Group Renault Roma EUR180 Million Loan to Develop electric cars

Reports from Brussels Group Renault Roma EUR180 Million Loan to Develop electric cars

Brussels-The European Investment Bank (EIB) is lending EUR 180 million to the Renault Group to contribute to research and development of a new generation of battery and motor for electric vehicles.

This is a large-scale project in terms of technology and the environment, in which the EIB add value through technical expertise and financial, according to a press release EIB received detikfinance, Friday (13/1/2012).

Financial partnership agreement the two sides signed by EIB Vice President Philippe de Fontaine Vive and Financial Director Dominique Thormann Group Renault in the Group Renault headquarters at Boulogne-Billancourt, France, Thursday local time yesterday.

This loan will be used in France to develop future generations of motor for electric vehicles, thus helping to develop wider expertise in product and process for lithium-ion battery and engine technology for electric powertrain.

The main goal is to make electric vehicles more competitive and ultimately accelerate the development of the market en masse.

It also reduces the consumption of CO2 emissions and other harmful pollutants also became the core of the research programme, with a potential annual loss of more than 150,000 tons of CO2 compared with a conventional vehicle with the engine.

"We support due to superior technology determines the future in terms of sustainable development and competitiveness," said EIB Vice-president Philippe de Fontaine Vive during the signing ceremony.

"This collaboration will allow us to jointly prepare the future of the motor industry in Europe, where the community would be the first to gain an advantage in their daily lives," imbuh Vive.

These loans are continuing quality of the partnership established between the EIB and the Renault Group. The Renault Group had previously received a loan of EUR 400 million from EIB for research, development and innovation (RDI) in order to optimize and improve the efficiency of the conventional powertrain develops electric vehicles and completely.

These loans also underscores the commitment of the EIB to support real innovation in the field of transport and industry. Aware of strategic importance of this sector, the EIB decided to launch a new policy in December 2011, in order to support the transport in Europe.

This new policy, which is fully in line with the European Commissions White Paper on transport adopted on 28 March 2011, aimed at further development of transport in an efficient and sustainable Europe, thus helping to reduce dependence on oil and boost the competitiveness of European industry.

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Europe Down The Rankings, Wall Street Direct ' Red '

Europe Down The Rankings, Wall Street Direct ' Red '

Stocks on bursa Wall Street AS ' blush ' on trade Friday due to a decrease in ranking yesterday some countries in Europe by Standard & poor 's.

The rating company lowered the rating of many European countries including France and Austria. Germany and the Netherlands however ranking has not changed.

"This raises high instability especially in the financing (debt) of those countries," said Analyst Alan Valdes as quoted from Reuters, Wednesday (2/1/2012).

Stocks on Wall Street tumbled after investors focus back to the debt crisis in Europe. Whereas before the index shares S & P 500 reached the highest level in five months as a result of the US economy is solidnya data.

But yesterday, investors back doing action amid fears will sell debt problems in Europe.

In trading Friday (13/1/2012), the Dow Jones was down 0.39%) 48,96 points (to as low as 12.422,06, S & P 500 index was down points (0.49%) 6,41 to as low as,09, 1.289 and the Nasdaq Index falling 14,03 points (0.51%) to as low as 2,756,67.

In this week, the Dow Jones index up 0.5%, the S & P 500 closed up 0.9%, and the Nasdaq index up 1.4%.

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Delta Air Pancut Shares Of American Airlines

Delta Air Pancut Shares Of American Airlines

New York-Delta Air Lines target the airline defunct unmatchable, American Airlines. Some assess this acquisition will not get approval from regulators because potentially breaking the law.

Based on the cited source, AFP Friday (13/1/2012), the airline is headquartered in Atlanta are already pointing to do investment company Blackstone study on acquisition.

Delta Air is the second largest airline in the world, after the first position was taken by the airline merger Continental Airlines and United Air Lines. Some assess the acquisition will not be approved by a supervisory agency of the US airline.

"We doubt the acquisition by Delta will go well, let alone have to pass the permission from the regulator," said aviation Analyst S & P Capital IQ Jim Corridore.

As known, the third-biggest US airline, American Airlines and its parent company AMR Corp. register bankruptcy protection in November 2011. Those steps are taken to undertake restructuring costs amid high fuel prices and a drop in demand.

Millionaire Malaysia, Tan Sri Quek Leng Chan became the ' victim ' of the bankruptcy of American Airlines. Quek could lose his investment of up to $ 777 billion because of the bankruptcy of American Airlines.

Quek Hong Leong and master of the Guoco Group known to buy 7.3% stake in AMR Corp., parent of American Airlines three months ago. American Airlines and its parent AMR Corp. register of bankruptcy on Tuesday, 29 November

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The emergence of ' Ghost ' Airport in Spain due to the economic crisis

The emergence of ' Ghost ' Airport in Spain due to the economic crisis

Madrid-the minimal number of passengers at airport Spain continues to rise. Airports quiet as ' ghost ' is rampant airport was built in the period before the economic crisis.

Now international airports that could arguably very quiet visitors though still generate revenue. Airports are made with grandiose it becomes evidence of the economy of Spain was at the tip of the Horn.

One of the airport in the western part of Spain near the border with Portugal, Badajoz Airport, serving his last commercial flight on Tuesday morning at 8.05 pm local time. In addition, there is a special Airport Castellon, serves private flights, unused since finally inaugurated in March last year.

"At that time (before crisis), to build the airport is a project that makes sense to open up the access of tourists," said member of Parliament from the opposition party Spain Eva Martinez, AFP, quoted from Friday (13/1/2012).

Currently, airports ' ghost ' has been started for the airline raise taxes but on the opportunities that reduce its services. This step is increasingly making the airport have been avoided by the airline.

"The airport will not be a problem if not built from the beginning. The thing is, now it's already up and running, "said Martinez, who also refers to the cost of operating airports it reached 7.2 million euro or approximately USD 79,2 billion though not serve passengers.

These costs include employee and the hire of premises and maintenance of the building. Not to mention the cost of promotion and advertising.

"It is not unreasonable in the current economic situation like this, we must continue to spend money for the airport as already dead," he said.

Spain's economy grew very high before eventually going on the crisis in 2008. Then, the country's avid matador to build the airport so that number is currently most widely among EU countries, i.e. as much as 48 public airport and 2 special Airport private aircraft.

Four among the General Airport now had stopped serving the commercial aviation.

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OSK Nusadana: TRADE Is Likely To Be Consolidated

OSK Nusadana: TRADE Is Likely To Be Consolidated

Profit taking ended the TRADE on the rise in trading yesterday, and weakened 29 pts to then close at level 3, 909.6 (0.74%)-. Almost all sectors except agriculture decreased. Some of the market shares among other laggers ASII, INTP, UNVR, TLKM and GGRM. While some of the stock market decline is the anchoring SMGR, EARTH, SMCB, and the PTBA, of ANTM SITE. Foreign net Buy recorded doing for Rp280 Billion with stocks that most purchased include BMRI, BBRI, SMGR, EARTH and PTBA. However looking at yesterday's sales volume, we are still assessing the drop in the fair TRADE still in the stage. While the regional Asian exchanges with Nikkei up moving mix + 0.3%, the Hang Seng + 0.78%, and Kospi-0.60%.

While US and European bourses moved greatly weakened by the Dow-0.10%, the FTSE-0.45%, and DAX-0.17%. From commodity production of crude palm oil (CPO) in Malaysia down deeper than a decrease in its export performance in the month of December. Oil World mention of Malaysia, the export of CPO in the month of December, down about 3% while production fell 10%. Oil WTI price end his rectified, and dropped by almost 2% to as low as US 100.8/brl after surviving in price USD102/brl. Other commodities were moving mix with nickel-0.36%, iron ore and Tin + 2.1% + 0.99%.

Trading Ideas
Partners Investindo or MITI, a company engaged in the production of granite, print sales almost 2 x as much on their sales in 3Q11 than 3Q10. It also affects their net profits where they scored a profit of Usd 11.0 Billion, significantly higher profit dibadingkan them on the only 3Q10 of Rp1 Billion. This, in addition to the increase in profit was supported by an increase in sales, as well as the efficiency of the companies in optimizing their Operating expense. MITI is currently trading at a 6.9 x 2.8 x and PBV.

From the Construction sector, the endorsement of the Land Acquisition Bill or Act Exemption is expected to be memepercepat the construction of infrastructure in Indonesia. His own Government Usd mengangarkan SHA 1,786 billion for the construction of ports, airports, highways, power plants, within the next 5 yrs forward. For the year 2012, the contractors Association projected construction expenditures Indonesia value may reach Rp national 250 trillion or increases nearly 20% over the previous year to reach Rp 204 billion. It is of course its going to open up opportunities for companies to better get a lot of onstruksi project. ADHI, WIKA, PTPP and TOTL. Here is a comparison of company stocks: ADHI konsutruksi, WIKA, and TOTL entered in coverage with OSK BUY recommendations.

Adhi Karya (ADHI) is expected to increase profits in FY12 print by 15%, the increase was supported by, among others a contract by issuers on the project diapatakan Pertamina's Residual Fluid Catalytic Crackin (FRCC) at Pertamina, From the project itself, is expected to boost company revenue by 15-23% for the year 2012-2013. ADHI is also planning to do the Right Issue in 2012 is to increase the liquidity of the company. Currently recommended BUY by TP ADHI Rp640 mereflesikan PER12f and PBV12f respectively by 3.6 x and 0.9 x.

Wijaya Karya (WIKA) is a STATE-OWNED company that currently has the largest Market Cap in TRADE. Market Cap of his over WIKA 3 x folding market cap ADHI. WIKA has also become the most liquid stocks in the infrastructure market. Currently traded with WIKA BUY recommendations, with a TP of Rp810 reflect PER12f 5.8 x 0.9 x and PBV12f. Currently, WIKA traded at a premium price with PE 12.5 x, still above the average PE industry amounted to 6.2 x.

Total Bangun Persada (TOTL) target revenue reached Rp1,7 trillion in 2012, up 13,33% compared to the year 2011 for estimation of Rp1,5 trillion. While the company is targeting net profit OSK is estimated to be up 11.7% supported by his entrance into the company's power plant projects. TOTL have TP at Rp390 or 6.6 x and reflect on the PER12f PBV12f 2.2 x.

PP housing development or currently not on the PTPP cover by OSK, nevertheless, consensus on Bloomberg had a fair value for the Rp660 PTPP PTPP. own target revenue this year is Rp8,7 trillion or grow 40% over revenues last year.

Of the banking sector, Bank BJB (BJBR) target the channeling microcredit grow 100% from Rp 3 trillion by 2011 to Rp 6 trillion this year to operate the 400 units of service "Waroeng BJB". This led to an increase in the share price BJBR up about + 7.6% on the trade date 10 Jan. BI said the growth of microcredit banking in Jabar amounted to 23%. This year, BI-backed rising up to 30%. Currently, BJB also penetrated banking market to vigorous outside of West Java, Banten. In addition BJBR also plans to launch the Internet and Mobile Banking by 2012. Based on the performance of the company in 3Q11,

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