Wednesday, March 2, 2011

Update Daily Investment News 02-03

Wednesday Look Ahead: Oil Market is Barometer for Stocks
http://www.cnbc.com/id/41859897

Retail Sales Steady Despite Storms, Higher Gasoline Prices

http://www.cnbc.com/id/41783543

Oil's Next Target May Be Rapid Move to $112: Charts
http://www.cnbc.com/id/41859780

Five Things We're Watching: March 2, 2011
http://www.cnbc.com/id/41857625

China Property Not in a Bubble: Strategist
http://www.cnbc.com/id/41843291

El-Erian Sees Different Outcomes for Mideast Countries
http://www.cnbc.com/id/41853180

Cramer: Worried About Oil? Go For the Gold
http://www.cnbc.com/id/41852926

Commodities Tomorrow: Oil & Gold Soar
http://www.cnbc.com/id/15840232?video=3000008125&play=1

Copper, Corn May Slump on Mideast Unrest as Gold Jumps to $1,500, UBS Says
http://www.bloomberg.com/news/2011-03-02/copper-corn-may-slump-on-mideast-unrest-as-gold-jumps-to-1-500-ubs-says.html

Bartels Sees S&P 500’s Loss Limited to 6%: Technical Analysis
http://www.bloomberg.com/news/2011-03-01/bartels-sees-s-p-500-s-loss-limited-to-6-technical-analysis.html

Written by Admiral Markets The Daily Wave Analysis
Currency pair EUR/USD

Presumably, the wave an of (ii) is formed. Probably, it becomes the Zigzag at which the wave [C] of an is formed. If the assumption is true, while, within the limits of its complete set it is possible to expect local falling of pair

Currency pair GBP/USD.
It is not excluded, that the impulse with of (x) the complete if the assumption is true can be expected formations of the wave a the descending design (y) of [ii].

Currency pair USD/JPY.
It is not excluded, that the correctional wave iv of (iii) is veiled. If it so it is possible to expect falling of pair as the impulse or the Diagonal Triangle v of (iii). At the same time this idea while demands confirmation.

Currency pair USD/CHF
Presumably, development of the correctional wave iv of (iii) proceeds. Probably, it becomes the Corrective Combination. If the assumption is true, after its end it is possible to expect one more thrust of the price downward, as the impulse or the Diagonal Triangle v of (iii).

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