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Forex - Technical research
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12
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Wednesday,
13 February 2008,
11:30 GMT
Forexyard Daily Forex research
by Forexyard Research
13/02/'08 - US Retail Sales On Tap.
Gold is being traded within a very distinct channel on the daily chart, and is now floating at a strong key point of the bottom barrier. Forex traders are advised to wait for a break beyond the 899.00 which will validate a sharp dropping move that might take gold prices into a deep abyss.
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Tuesday,
12 February 2008,
11:31 GMT
Forexyard Daily Forex research
by Forexyard Research
12/02/'08 - Greenback Indifferent to Poor US Data.
In spite of last week's disappointing US economic calendar, with most of its indicators printing much worse than expected, the greenback is behaving as if there were no fundamental data at all. Through the last week, the USD gained 300 points in...
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Monday,
11 February 2008,
11:21 GMT
Forexyard Daily Forex research
by Forexyard Research
11/02/'08 - UK's PPI Input & Trade Balance.
The greenback began the week on a slight downward trend following some concerning news from the G7 over the weekend. After a meeting of the leading industrial nations in Tokyo, the G7, without specifically singling out a specific country voiced its growing concerns over the trembling global market...
• Economic News
• Technical News
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Thursday,
07 February 2008,
15:52 GMT
Forexyard Daily Forex research
by Forexyard Research
07/02/'08 - The U.S. Pending Home Sales on Tap.
The greenback has been appreciating sharply against the EUR since the release of the surprisingly weak U.S NFP report last Friday. Many analysts are still at odds as to why the greenback appreciated last Friday since the weak NFP report should have added to the existing bearish dollar sentiment.
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Wednesday,
06 February 2008,
11:45 GMT
Forexyard Daily Forex research
by Forexyard Research
06/02/'08 - USD Correction Continues...
It has been a long time since we have seen a broad based greenback rally, including against the JPY, where despite a widespread liquidation of carry trades, the USD/JPY barely budged. The USD rose yesterday despite a surprise drop in the ISM non-manufacturing index...
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Tuesday,
05 February 2008,
11:57 GMT
Forexyard Daily Forex research
by Forexyard Research
05/02/'08 - ISM Non-Manufacturing on Tap
A large portion of the focus for this week will not be on US economic data alone, but outside data which in large part will be reacting to last week's full schedule from the US...
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Monday,
04 February 2008,
13:07 GMT
Forexyard Daily Forex research
by Forexyard Research
04/02/'08 - Will the Greenback Maintain It's Recovery?
After a week full of mixed U.S. economic data, a steady stream of negative news from the U.S. housing sector and even after the reduction of the interest rate, the greenback is only marginally lower. Friday's dismal U.S. Non Farm Payrolls report sent the USD near record-lows against...
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