Forex - Technical research
Forex - Fundamental research
Forex - Trading signals, forecasts and strategy
Forex - Currency reports and news
Thursday,
01 November 2007,
02:39 GMT
Forex - Fundamental research and
GCI Forex Research
by FX Research Desk
Daily Recap
EUR/USD 1.45 options triggers reached after end-Oct expiry
FOMC lowers 25bps to 4.50%; sees “balanced” risks; KC Fed’s Hoenig dissented
EUR/USD at new high; GBP/USD above 2.0800; USD/CAD with 0.94 handle
A$ reaches 0.9340: markets brace for +25bps on 6 November from RBA
U.S. Q3 GDP accelerates 3.9%; core PCE up 1.8%; Q3 ECI up 0.8% q/q
U.S. Oct ADP up 106,000: Oct NFPs strong on Friday? +ve revisions ahead?
ECB’s Weber and Draghi talk up EMU-13 rates; flash Oct HICP at 2.6%
BoJ keeps rates unchanged; Fukui talks down next move
Chinese H1 c/a surplus at US$ 162.9 billion; H2 GDP growth strong
MPC’s Blanchflower sees “softening;” Nationwide Oct house prices +ve
Day Ahead
Commodities flying; Crude bid above $95: $100 ahead?
U.
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Wednesday,
31 October 2007,
03:07 GMT
Forex - Fundamental research and
GCI Forex Research
by FX Research Desk
Fundamental Outlook
The euro depreciated marginally vis-a-vis the U.S. dollar today as the single currency tested bids around the US$ 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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Wednesday,
31 October 2007,
02:18 GMT
Forex - Trading signals, forecasts and strategy and
Technical Trading
by Nikolajs Serikovs, Analyst
Forex and Dow Jones recommended levels
October 31, 2007
GMT 02:08
EUR/USD
Today’s support: - 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: - 1.4445 (main). Break would give 1.4466, where a correction is possible. Then 1.4477. Break of the latter would result in 1.4502. If a strong impulse, we’d see 1.4513. Continuation will give 1.4525 and 1.4577.
USD/JPY
Today’s support: - 114.30, 114.06 and 113.82(main). Break would bring 113.59, where correction is possible. Then 113.
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Tuesday,
30 October 2007,
03:35 GMT
Forex - Trading signals, forecasts and strategy and
Technical Trading
by Nikolajs Serikovs, Analyst
Forex and Dow Jones recommended levels
October 30, 2007
GMT 03:28
EUR/USD
Today’s support: - 1.4363, 1.4332 and 1.4298 (main), where correction is possible.Break would give 1.4262, where correction also may be. Then 1.4236. Break of the latter would result in 1.4218. If a strong impulse, we would see 1.4205. Continuation will give 1.4188.
Today’s resistance: - 1.4415, 1.4423 and 1.4445 (main). Break would give 1.4466, where a correction is possible. Then 1.4477. Break of the latter would result in 1.4502. If a strong impulse, we’d see 1.4513. Continuation will give 1.4525 and 1.4577.
USD/JPY
Today’s support: - 114.06 and 113.82(main). Break would bring 113.59, where correction is possible.
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Tuesday,
30 October 2007,
01:32 GMT
Forex - Fundamental research and
GCI Forex Research
by FX Research Desk
Fundamental Outlook
The euro depreciated vis-a-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4440 level and was supported around the $1.4385 level. Today’s intraday high represented a new lifetime high and was right around an upside technical target. The big event on traders’ radar this week is Wednesday’s interest rate decision from the FOMC. The market are fully discounting at 25bps rate cut by Fed policymakers while a minority believe the FOMC will move rates lower by 50bps. The FOMC’s policy statement will be closely watched to see if officials yield any clues about their likely policy course in December. The big question on traders’ minds is whether last month’s rate cut was a one-off move or if it will represent the first in a series of monetary easings.
• EUR
• JPY
• GBP
• CHF
• AUD, NZD
• CAD
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Monday,
29 October 2007,
12:43 GMT
Forex - Technical research and
Automated Trading Championship 2007
by Mazhit Mugattarov
Reporting the Championship: Fourth Week (22-28 October)
Four weeks have passed since the Championship started. Leaders interchanged all the time. Very different Expert Advisors took the first places.
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Monday,
29 October 2007,
04:41 GMT
Forex - Trading signals, forecasts and strategy and
Technical Trading
by Nikolajs Serikovs, Analyst
Forex and Dow Jones recommended levels
October 29, 2007
GMT 04:31
EUR/USD
Today’s support: - 1.4363, 1.4332 and 1.4298 (main), where correction is possible.Break would give 1.4262, where correction also may be. Then 1.4236. Break of the latter would result in 1.4218. If a strong impulse, we would see 1.4205. Continuation will give 1.4188.
Today’s resistance: - 1.4415, 1.4423 and 1.4445 (main). Break would give 1.4466, where a correction is possible. Then 1.4477. Break of the latter would result in 1.4502. If a strong impulse, we’d see 1.4513. Continuation will give 1.4525 and 1.4577.
USD/JPY
Today’s support: - 114.06 and 113.82(main). Break would bring 113.59, where correction is possible.
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