Forex - Technical research
Forex - Fundamental research
Forex - Trading signals, forecasts and strategy
Forex - Currency reports and news
Wednesday,
24 October 2007,
05:17 GMT
Forex - Trading signals, forecasts and strategy and
Technical Trading
by Nikolajs Serikovs, Analyst
Forex and Dow Jones recommended levels
October 24, 2007
GMT 05:08
EUR/USD
Today’s support: - 1.4236, 1.4218 and 1.4205 (main), where correction is possible.Break would give 1.4188, where correction also may be. Then 1.4170. Break of the latter would result in 1.4151. If a strong impulse, we would see 1.4118. Continuation will give 1.4086.
Today’s resistance: - 1.4280 and 1.4298(main). Break would give 1.4313, where a correction is possible. Then 1.4331. Break of the latter would result in 1.4352. If a strong impulse, we’d see 1.4374. Continuation will give 1.4400.
USD/JPY
Today’s support: - 114.06 and 113.82(main). Break would bring 113.59, where correction is possible. Then 113.
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Wednesday,
24 October 2007,
00:10 GMT
Forex - Fundamental research and
GCI Forex Research
by FX Research Desk
Fundamental Outlook
The euro reversed course and appreciated vis-a-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4280 level and was supported around the $1.4170 level. Technically, today’s intraday low was just above the 23.6% retracement of the move from $1.3360 to $1.4395. The common currency recovered after yesterday’s sharp moves as global appetite for risk returned to the market. The recent sharp sell-off in global equity markets was broken today. Most traders believe the U.S. dollar’s short-term fortunes will be dictated the FOMC’s interest rate decision and statement on 31 August. Traders are also speculating as to how FOMC policy will materialize in December.
• EUR
• JPY
• GBP
• CHF
• AUD, NZD
• CAD
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Tuesday,
23 October 2007,
11:48 GMT
Forex - Technical research and
Automated Trading Championship 2007
by Mazhit Mugattarov
Reporting the Championship: Third Week (15 - 21 October)
This week has drastically decreased profits of some Expert Advisors and essentially reshuffled the entire Top Ten. The Top Ten have significantly changed again. Valeri Karpenko (Valvk) from Russia is on the first place now.
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Tuesday,
23 October 2007,
04:49 GMT
Forex - Fundamental research and
GCI Forex Research
by FX Research Desk
Daily Recap and a day ahead
Daily Recap
G7 shies away from USD and JPY; more teeth in CNY statement
Buba reported German Q3 GDP accelerated; Weber hawkish on inflation
New EUR/USD lifetime high; USD/CHF lowest since 2005
GBP/USD just above key support at 2.0270; eyes 2.0210/ 2.0155
Aussie Q3 PPI up 2.4% y/y; traders eye CPI on Weds and RBA in Nov
Crude tests key support at 84.80; eyes 84.00/ 82.65
Global equities rout extends: N225 off 2.2%; DJIA eyes 13,360
Day Ahead
Trichet likely to remain hawkish; few clues on Nov ECB meeting expected
EUR/USD eyes 1.4045; GBP/USD eyes 2.0155; AUD/USD eyes 0.8585
Turkish-Kurdish tensions underpinning crude despite inventories stock-up
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Tuesday,
23 October 2007,
02:19 GMT
Forex - Trading signals, forecasts and strategy and
Technical Trading
by Nikolajs Serikovs, Analyst
Forex and Dow Jones recommended levels
October 23, 2007
GMT 02:10
EUR/USD
Today’s support: - 1.4151 and 1.4118 (main), where correction is possible.Break would give 1.4086, where correction also may be. Then 1.4062. Break of the latter would result in 1.4037. If a strong impulse, we would see 1.4017. Continuation will give 1.3996.
Today’s resistance: - 1.4212 and 1.4234(main). Break would give 1.4252, where a correction is possible. Then 1.4276. Break of the latter would result in 1.4294. If a strong impulse, we’d see 1.4313. Continuation will give 1.4331.
USD/JPY
Today’s support: - 114.06 and 113.82(main). Break would bring 113.59, where correction is possible. Then 113.40. If a strong impulse, we would see 113.
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Monday,
22 October 2007,
23:10 GMT
Forex - Fundamental research and
GCI Forex Research
by FX Research Desk
Fundamental Outlook
The euro came off vis-a-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4135 level and was capped around the $ 1.4350 level. Technically, today’s intraday low was just above the 23.6% retracement of the move from $1.3360 to $1.4395. Today’s intraday high represented a new lifetime high for the pair. The G7’s communique was light on FX references, opting to focus on the yuan instead of the dollar or yen. A draft of the communique was leaked during Friday’s North American session and the euro’s weakness reflects turmoil in global equity markets during the past few sessions. Traders are again preoccupied with recent sub-prime mortgage crisis and U.S. dollar-buying reflects safe-haven activity.
• EUR
• JPY
• GBP
• CHF
• AUD, NZD
• CAD
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Monday,
22 October 2007,
03:07 GMT
Forex - Trading signals, forecasts and strategy and
Technical Trading
by Nikolajs Serikovs, Analyst
Forex and Dow Jones recommended levels
October 22, 2007
GMT 02:56
EUR/USD
Today’s support: - 1.4274 and 1.4260 (main), where correction is possible.Break would give 1.4243, where correction also may be. Then 1.4224. Break of the latter would result in 1.4198. If a strong impulse, we would see 1.4176. Continuation will give 1.4152.
Today’s resistance: - 1.4321 and 1.4332(main). Break would give 1.4349, where a correction is possible. Then 1.4368. Break of the latter would result in 1.4377. If a strong impulse, we’d see 1.4389. Continuation will give 1.4400.
USD/JPY
Today’s support: - 113.59, 113.40, 113.17 and 112.83 (main). Break would bring 112.62, where correction is possible. Then 112.
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