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Research
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Forex - Technical research
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78
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Monday,
09 November 2009,
10:51 GMT
Forexyard Daily Forex research
by Forexyard Research
Forex Analysis - Gold Reaches $1,100 an Ounce!
While the Dollar drops against the major currencies due to the disappointing U.S
employment data from Friday, the strongest trend in the market appears to be the
bullish gold. Gold continues to break new record highs on a daily basis, and has
now reached over $1,100 on ounce. Can it reach higher?
Economic News
USD - Dollar Slides on Negative Employment Data
The Dollar saw an extremely bearish session during last week's trading. The
Dollar dropped around 200 pips against the Euro, and the EUR/USD pair rose to
the 1.4900 level. The Dollar also dropped close to 300 pips against the
Pound.
Last week's trading has started with a rather bullish sign for the
American currency.
Read more >
Friday,
06 November 2009,
09:21 GMT
Forexyard Daily Forex research
by Forexyard Research
Forex Analysis - Forex Market Awaits Non-Farm Employment Change Figures
Today, traders should pay close attention to the release of the U.S. Non-Farm
Employment Change report. This indicator always produces extreme market
volatility in the major currency pairs. Traders may find good opportunities to
enter the market following this vital announcement at 13:30 GMT.
Economic News
USD - Non-Farm Employment Change on Tap
The Dollar was little changed against most of its major counterparts during
yesterday's trading session, a day ahead of a key government jobs report that
will shed light on the health of the U.S. economy. By yesterday's close, the USD
fell slightly against the EUR, pushing the oft-traded currency pair to 1.4873.
The Dollar experienced similar behavior against the GBP and closed at 1.
Read more >
Thursday,
05 November 2009,
09:33 GMT
Forexyard Daily Forex research
by Forexyard Research
Forex Analysis - Market Awaits BOE and ECB Statements
The Bank of England's (BOE) rate statement is due at 12:00 GMT while the European
Central Bank (ECB) press conference is expected at 13:30 GMT. While both banks
are expected to keep their interest rates at their current level, the statements
should provide an insight to the current economic conditions as well as economic
outlook for the near future. The BOE is expected to increase its quantitative
easing program.
Economic News
USD - USD Down Following Fed Statement
The Dollar traded near its lowest level in a week against the EUR after the
Federal Reserve kept borrowing costs near zero. The Federal Reserve reiterated
its intention to keep interest rates “exceptionally low” for “an extended
period” as long as inflation expectations are stable and unemployment continues
to rise.
Read more >
Wednesday,
04 November 2009,
11:23 GMT
AceTrader
by AceTrader Research Team
Support, Resistance and Range Forecast by AceTrader
http://www.acetraderfx.com
INTRA-DAY USD/JPY:
Last Update At 04 Nov 2009 09:19 GMT
Range Forecast
90.55 / 90.83
Resistance/Support
R: 91.30/91.63/92.00
S: 90.04/89.87/89.45
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INTRA-DAY EUR/USD:
Last Update At 04 Nov 2009 09:00 GMT
Range Forecast
+1.4750 / 1.4780+
Resistance/Support
R: 1.4772/1.4811/1.4846
S: 1.4703/1.4681/1.4626
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INTRA-DAY USD/CHF:
Last Update At 04 Nov 2009 09:01 GMT
Range Forecast
+1.0200 / 1.0240+
Resistance/Support
R: 1.0277/1.0338/1.0354
S: 1.0244/1.0199/1.0156
-------------------------------------------------
INTRA-DAY GBP/USD:
Last Update At 04 Nov 2009 09:03 GMT
Range Forecast
1.
Read more >
Wednesday,
04 November 2009,
09:57 GMT
Forexyard Daily Forex research
by Forexyard Research
Forex Analysis - Dollar Trades Higher as Fed Rate Announcement Awaited
The Federal Reserve is expected to keep its benchmark Interest Rate unchanged
near zero today, as traders get ready for a busy news cycle. Investors will
focus on the interest rate outlook, but many analysts say the Fed is unlikely to
change the wording of its pledge to keep rates low for an extended period. This
may have the result of stabilizing USD trading, or potentially driving the
world's primary currency to new extremes. Will the USD experience a reversal
from yesterday's bullishness?
Economic News
USD - Dollar Advances vs. EUR ahead of Fed Statement
The U.S. Dollar clung to small gains versus the EUR Tuesday, but pared
earlier gains as traders waded through mixed signals on the health of the
economy and the Federal Reserve started its 2 day policy meeting.
Read more >
Tuesday,
03 November 2009,
09:28 GMT
Forexyard Daily Forex research
by Forexyard Research
Forex Analysis - U.S. Factory Orders to Dominate USD Trading
The USD is likely to move on the U.S. Factory Orders publication today at 15:00
GMT. The reason why this release is so important is due to Monday's releases
that showed the U.S. economy is on a rapid road to recovery. Therefore, a
similar result today could lead to very high volatility in the forex market, and
a possible mass sell-off of the Dollar. In order to make some decent profits
today, you should open large positions in the EUR/USD, GBP/USD and USD/JPY pairs
now.
Economic News
USD - Dollar Slides on Global Economic Recovery
The U.S. Dollar slid against the EUR and CHF on Monday, as positive
manufacturing data and surprising earnings from Ford pushed confidence back into
the forex market.
Read more >
Monday,
02 November 2009,
13:27 GMT
Forexyard Daily Forex research
by Forexyard Research
Forex Analysis - Interests Rates Announcements Expected from the U.S, U.K and Euro-Zone this Week
After a week of greenback recovering this week promises to provide high
volatility. Interest Rate announcements are expected from the U.S, the Euro-Zone
and the U.K. In addition, the Non-Farm Employment Change for October will be
released on Friday. In short, sharp fluctuations are expected, with plenty of
opportunities to make large profits.
Economic News
USD - A Week Packed With Economical Data Expected
During last week's session the Dollar managed to recover against most of the
major currencies. The Dollar saw a 300 pips rise against the Euro, and the
EUR/USD pair is trade near the 1.47 level. However, the Dollar continued to
weaken against the Japanese yen.
Read more >
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