Russian indexes barely changed in the past week, which was quite volatile - the failure of the first two days and recovery by the end of the week. It should be noted that the MICEX index as a result of correction of the first half of the week has tested support 200MA, and failing to penetrate her, back up. From a technical point of view it is a fairly positive message, especially if the index would be able to pass the previous local maximum in the region of 1060 points. Futures on the RTS index is again in bekvordatsii on the spot index, but its size is quite small - only 0.6%.
At the American sites do not get down correction, it is precisely to obtain the flat in the form of consolidation. Two days (just in those two days, dropped the Russian markets and many of the world) indices in the States opened almost zero, and then declined, but the closure is much higher than the minimum values of trading session. Thus, the market has shown reluctance to fall, despite the local perekuplennost on RSI.
Volatility in the oil market was even stronger than the stock market - a sharp drop and an equally rapid recovery. Oil brand BRENT, which pegged the price of Russian oil, has completed nearly a week of maximum values of the year. Puncture marks up 72-73 dollars per barrel is likely to mark quotes $ 80bbl, where the next level of Fibonacci correction to last year's fall. It is necessary to emphasize the fact that the major industrial metals - nickel and copper - remained their maximums and continue to grow.
Quotations pair ruble /dollar again remain near 200MA, although there is fairly significant and dramatic changes. But even more powerful movement experienced in the global FOREX market, where the last two trading session marked decrease in the dollar for most world currencies, which, incidentally, to support commodity markets. Pound Breaks Resistance, formed in early June, the euro is on the basis of the week did not change the ratio of the dollar. The index of the dollar is at a minimum basket value since January this year. Our opinion on the market has not changed - we recommend that you work on the Russian market in the growing trend, that is used Drawdown market for shopping. We allow correction in the U.S. market until 200MA, but we tend to treat this as a correction of a possible decline in the growing trend. When addressing the S P500 index of the next strong resistance - 1 point 000 points - the next level will be district 1200-1300.
MICEX Index:
Significant levels: support: 980, 860, 740, 600, 500, Resistance - 1060, 1100, 1240, 1500-1550.
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During today's session of the Russian indices could rise by more than 3.5% due to positive external background
The Russian stock market is consolidating its position settled above the important level of 1000 points
Today, the leaders once again proved to enhance the actions of Russian electricity companies
When you save optimistic signal resistance for the securities Polyus Gold will make the level of 1220 rubles
Recommendations for futures on RTS index on Monday
The main motion vector for a week waiting for the publication of the report asks for the U.S. labor market for July
The high fines will not help to bring order to the roads
Gazprom oil and the administration YaNAO agreed on cooperation in the socio-economic sphere
Today analysts' forecasts for EUR /USD - to bid in the range: 1.4150-1.4300



