Forex - Technical research
Forex - Fundamental research
Forex - Trading signals, forecasts and strategy
Forex - Currency reports and news
Thursday,
27 September 2007,
04:51 GMT
Forex - Trading signals, forecasts and strategy and
Technical Trading
by Nikolajs Serikovs, Analyst
Forex and Dow Jones recommended levels
September 27, 2007
GMT 03:42
EUR/USD
Today’s support: - 1.4130 and 1.4108(main), where correction is possible.Break would give 1.4083, where correction also may be. Then 1.4061. Break of the latter would result in 1.4038. If a strong impulse, we would see 1.4017. Continuation will give 1.3984.
Today’s resistance: - 1.4171(main). Break would give 1.4187, where a correction is possible. Then 1.4195. Break of the latter would result in 1.4209. If a strong impulse, we’d see 1.4221. Continuation will give 1.4244.
USD/JPY
Today’s support: - 115.17, 114.70, 114.42 and 114.14(main). Break would bring 113.98, where correction is possible. Then 113.
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Wednesday,
26 September 2007,
03:12 GMT
Forex - Fundamental research and
Forexyard Daily Forex research
by Forexyard Research
Forexyard Daily (Fundamental)
Yesterday the greenback continued on its bearish path against most of the majors and it slipped to another new record low versus the EUR. The fears that the subprime crisis will spill over into the broader economy and actually begin to slowdown growth rekindled expectations that the Fed will further slash its 4.75 % key benchmark rate. An additional rate cut by the Fed could have a significant negative impact on the greenback as it will reduce the dollars appeal against the high yielding currencies and therefore it will lower the level of foreign investment coming into the US. In the last few weeks the greenback weakened the most against the EUR and this is mainly due to the widening growth differential and the shrinking interest rate differential between the US and the European economy.
• USD
• EUR
• JPY
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Wednesday,
26 September 2007,
02:55 GMT
Forex - Trading signals, forecasts and strategy and
Technical Trading
by Nikolajs Serikovs, Analyst
Forex and Dow Jones recommended levels
September 26, 2007
GMT 01:36
EUR/USD
Today’s support: - 1.4130 and 1.4108(main), where correction is possible.Break would give 1.4083, where correction also may be. Then 1.4061. Break of the latter would result in 1.4038. If a strong impulse, we would see 1.4017. Continuation will give 1.3984.
Today’s resistance: - 1.4171(main). Break would give 1.4187, where a correction is possible. Then 1.4195. Break of the latter would result in 1.4209. If a strong impulse, we’d see 1.4221. Continuation will give 1.4244.
USD/JPY
Today’s support: - 114.42 and 114.14(main). Break would bring 113.98, where correction is possible.
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Wednesday,
26 September 2007,
02:15 GMT
Forex - Technical research and
Forexyard Daily Forex research
by Forexyard Research
Forexyard Daily (Technical)
EUR/USD
Today, the 4 Hour chart implies on a possible recovery of the USD when both RSI (78) and Slow Stochastic (crossed at 82) are clearly in overbought territory. The 4 Doji bars imply on an upcoming move and it appears that going long might be preferable.
GBP/USD
The 4 hour chart notes that a tight bearish channel is forming and traders should seek the breakout to get into the market at a good entry point for a long position. However the daily chart indicates a breakout of the bullish channel, supporting the fact that the GBP depreciation would be maintained in the short term.
USD/JPY
The pair is in a bearish formation and the daily studies are strengthening the notion that the pair's direction is down.
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Tuesday,
25 September 2007,
02:58 GMT
Forex - Trading signals, forecasts and strategy and
Technical Trading
by Nikolajs Serikovs, Analyst
Forex and Dow Jones recommended levels
September 25, 2007
GMT 01:37
EUR/USD
Today’s support: - 1.4061 and 1.4038(main), where correction is possible.Break would give 1.4017, where correction also may be. Then 1.3984. Break of the latter would result in 1.3950. If a strong impulse, we would see 1.3932. Continuation will give 1.3906.
Today’s resistance: - 1.4127(main). Break would give 1.4146, where a correction is possible. Then 1.4171. Break of the latter would result in 1.4187. If a strong impulse, we’d see 1.4195. Continuation will give 1.4209 and 1.4221.
USD/JPY
Today’s support: - 116.64, 114.42 and 114.14(main). Break would bring 113.98, where correction is possible. Then 113.
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Monday,
24 September 2007,
22:33 GMT
Forex - Fundamental research and
GCI Forex Research
by FX Research Desk
Fundamental Outlook at 1400 GMT (EDT + 0400)
The euro extended recent gains vis-a-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4130 level and was supported around the $1.4085 level. The pair established a new lifetime high before consolidating some intraday gains. The move higher in the common currency was partially fueled by expectations the Federal Open Market Committee will reduce interest rates at least another 25bps before the end of the year. Traders await remarks from Federal Reserve Chairman Bernanke later in the North American session to see if he offers any additional clues about the Fed’s current thinking that were not detailed in the FOMC’s policy statement last week or in his subsequent Congressional testimony.
• EUR
• JPY
• GBP
• CHF
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Monday,
24 September 2007,
09:32 GMT
Forex - Technical research and
Finotec PR
The Dollar Set New Record Lows Vs the Euro
The dollar tumbled to a record low against the euro on Thursday and hit parity with Canada's currency for the first time since 1976 as investors braced for further Federal Reserve interest rate cuts after this week's sharp reduction. The sell-off s
The Canadian dollar briefly reached parity with the U.S. dollar for the first time in 31 years, supported by lofty commodity prices, a strong domestic economy and concerns
about a U.S. economic slowdown. The dollar fell 1.4 percent against the Canadian dollar and last traded around C$1.0009. "People are convinced the Fed will have to cut by more than 50 basis points," said Matthew Strauss, senior foreign exchange strategist at RBC Capital Markets in Toronto.
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