ACC mid-session: new attempt towards 4080/4090

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Despite the announcement of a rating is downgraded from Japan by Standard& Poor’s this morning at the opening of European stock exchanges, ACCmanaged to find the path upwards after an initial meetingslightly negative. It rose 0.17% and currently at 4056pts,and thus continues in its attempt to test the resistance zone of4080/4090 (sloping green and the highest of 2010).

        The increase is still well hesitant, even though the last two days,SBF80, lagging lately, trying to redo some of itsdelay. It must also say that we are in the midst ofresults announcements, and calendar are still charged at the end of week. Some caution is logical after the recentterm bullish.

For this afternoon, will be monitored byMeanwhile the resistance threshold of 4065, tested this morning to twotimes corresponding to the above yesterday. His crossingshould pave the way for a test of 4080/4090. Conversely, a newreturn under the support of 4040, and a depression of the lowestmorning plunge on the 4035 ACC in a greater consolidation,the direction of the area before 4020 3990/4000.

side valuesACC is again STMicroelectronics that appears at the top of ACCwith a net increase of 4.7%. The profit taking afterpublication of results have been short lived. EADSAlso at the party, with an increase of 3.6%, while Technip wins5.5%. On the downside, there are new Lafarge, which still yields 3.4%, and suffers from a lower new recommendation, subsequent toongoing tensions in the Middle East, including Egypt, where the groupoperates through its subsidiary Orascom. L’Oreal and Michelin to yieldshare 1.5%, victims of profit taking.

On the currency side andFinally, raw materials, the euro continued to rise in recent consecutive days to cross the $ 1.345/1.35. He won 0.24% to$ 1,373 and approaching his first goal of 1.38 $ . Gold and oil are less cons to the party, lost it again ounce0.4% to $ 1,340 after his attempt to pull back from yesterday against area of $ 1350 , while the barrel of his relapse 0.8% to $ 86.6 after the pull back of yesterday cons the area of $ 87.25 .

Also read:
Analysis ACC 26/01/11
Analysis Dow Jones 25/01 / 11
Nasdaq Analysis 25/01/11
    
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