Forex - Technical research
Forex - Fundamental research
Forex - Trading signals, forecasts and strategy
Forex - Currency reports and news
Saturday,
03 November 2007,
03:50 GMT
Forex - Fundamental research and
GCI Forex Research
by FX Research Desk
Fundamental Outlook
The euro moved higher vis-a-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4525 level and was supported around the $1.4415 level. The common currency established a new lifetime high before coming off in the North American session. U.S. October non-farm payrolls growth was stronger-than-expected at 166,000, above the 85,000 estimated by economists, and the unemployment rate held steady at 4.7%. There was a cumulative downward revision to August’s and September’s non-farm payroll tallies of 10,000. Also, average hourly earnings came in lower-than-expected at 0.2% m/m and 3.8% y/y while September’s average hourly earnings printed was downwardly revised to 0.
• EUR
• JPY
• GBP
• CHF
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Friday,
02 November 2007,
06:57 GMT
Forex - Technical research and
Automated Trading Championship 2007
by Mazhit Mugattarov
Interview with Matthew Brown (Matmospheric)
Matthew Brown is now among the best ten developers, but he is not very surprised at it. He has presented in the Championship his Expert Advisor that was thoroughly optimized. Matthew thinks that “all EAs, especially the good ones, need to be optimized and updated from time to time. If you learn the code and optimize it yourself, then you can keep it up to date and continually make money”.
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Friday,
02 November 2007,
04:57 GMT
Forex - Trading signals, forecasts and strategy and
Technical Trading
by Nikolajs Serikovs, Analyst
Forex and Dow Jones recommended levels
November 02, 2007
GMT 04:50
EUR/USD
Today’s support: - 1.4428, 1.4411, 1.4388 and 1.4363 (main), where correction is possible.Break would give 1.4332, where correction also may be. Then 1.4298. Break of the latter would result in 1.4262. If a strong impulse, we would see 1.4236. Continuation will give 1.4218.
Today’s resistance: - 1.4470, 1.4513 and 1.4525 (main). Break would give 1.4538, where a correction is possible. Then 1.4556. Break of the latter would result in 1.4577. If a strong impulse, we’d see 1.4592. Continuation will give 1.4603.
USD/JPY
Today’s support: - 114.41 and 114.30(main). Break would bring 114.06, where correction is possible.
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Thursday,
01 November 2007,
17:53 GMT
Forex - Fundamental research and
Forexyard Daily Forex research
by Forexyard Research
Fed Cuts Interest Rate By 0.25%, Market Reacts Accordingly.
The main story yesterday was the much anticipated announcement of US Federal Interest Rate cuts. The Federal Open Market Committee (FOMC) cut rates by one quarter point to 4.5% to help change the trends in the struggling US economy.
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Thursday,
01 November 2007,
12:43 GMT
Forex - Technical research and
Automated Trading Championship 2007
by Mazhit Mugattarov
Interview with Boris Vilenski (bablokos)
Boris Vilenski
from Israel decided to write an automated trading system based on his
professional experience, though it is far from trading. This system
underlies his competing Expert Advisor. For the EA BablOKoS_EURUSD,
Boris developed his own indicator that produces parameters, based on
which decisions are made.
Hello, Boris. We congratulate you on your good results.
Could you, please, tell us a little about yourself: what is your
profession, and how long have you been involved in trading?
I took an interest in trading about a year ago and nearly in half a
year I concluded that the best potential for me can be acquired from
the automated trading. I got a degree in physics, and the topic of my
doctorate thesis was connected with physics of disordered systems.
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Thursday,
01 November 2007,
04:18 GMT
Forex - Trading signals, forecasts and strategy and
Technical Trading
by Nikolajs Serikovs, Analyst
Forex and Dow Jones recommended levels
November 01, 2007
GMT 04:00
EUR/USD
Today’s support: - 1.4428, 1.4411, 1.4388 and 1.4363 (main), where correction is possible.Break would give 1.4332, where correction also may be. Then 1.4298. Break of the latter would result in 1.4262. If a strong impulse, we would see 1.4236. Continuation will give 1.4218.
Today’s resistance: - 1.4513 and 1.4525 (main). Break would give 1.4538, where a correction is possible. Then 1.4556. Break of the latter would result in 1.4577. If a strong impulse, we’d see 1.4592. Continuation will give 1.4603.
USD/JPY
Today’s support: - 115.14 and 114.86(main). Break would bring 114.63, where correction is possible.
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Thursday,
01 November 2007,
02:41 GMT
Forex - Fundamental research and
GCI Forex Research
by FX Research Desk
Fundamental Outlook at 1400 GMT (EDT + 0400)
The euro depreciated marginally vis-a-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4375 level and was capped around the $1.4425 level. The common currency staged a late-day recovery yesterday and established a new lifetime high. The pair gave back some gains today on a slightly changed perception regarding tomorrow’s Federal Open Market Committee interest rate decision. The federal funds futures contract is now pricing in about a 4% chance the Fed will not raise the target rate by 25bps tomorrow, up from a 0% chance over the past few trading sessions. The market is also pricing in about a 108% chance the fed funds target rate will be 4.25% - or 50bps lower than its current level – by the end of the FOMC meeting on 30 January 2008.
• EUR
• JPY
• GBP
• CHF
• AUD, NZD
• CAD
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