TRADING SIGNAL USD/JPY

TRADING SIGNAL generated today at 15.pm gmt    1.     Order : buy stop 2.     Entry Time : -3.     order expiry: 4.     Entry price : 84.055.     TP1 : 84.456.     TP2 : 84.907.     Stop loss :82.90 Comments: Following break of yesterday high, usdjpy could push higher for a double top at least and possibly 84.90/8510 Technical explanations : click on below screens to enlarge itscreen 1 : daily screen 2 : weekly outl...

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Posted in: treding signal usd/jpy

EUROPEAN, US MARKET AND BROKER TIPS

Banks follow Soc Gen higher European bourses finished higher despite Portuguese news that the nation faces a double-dip recession, and could follow Greece and Ireland down the bail-out route. Meanwhile, any negative reaction that this may have caused was offset by large gains by banks, following suit from French lender Societe Generale, which reported a strong fourth quarter. The Cac in Paris was 41 higher at 4,151, the Dax in Frankfurt was up 14 at 7,414 while the Ibex in Madrid surged 222 points to 11,048. French banking titan Societe Generale saw fourth quarter net income quadruple to €874m, from €221m a year ago, beating market consensus of €865m. The 2010 dividend was upped to €1.75 a share, from €0.25 previously. "The market situation (between)...

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Posted in: and Broker Tips,European,US Market

LONDON MARKET REPORTS

FTSE 100 shrugs off mining weakness       Market Movers       techMARK 1,950.10 +1.01%       FTSE 100 6,085.27 +0.80%       FTSE 250 11,807.28 +0.49% The top share index retained its strength to close with good gains, in spite of weakness in the mining sector. Rocketing commodity prices meant record profits for BHP Billiton in the first half, bankrolling a huge investment programme and share buyback scheme, but the shares still fell. Profit attributable to shareholders jumped 71.5% to US$10.5bn (£6.5bn) on revenue up 39% to $34.2bn. The group announced an ambitious investment programme that’s expected to top $80bn over five years, and a $10bn share...

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Posted in: London Market Reports