0.06% | 1.5834 GBP/USD 0.34% |
1.9785 USD/JPY -0.10% | 100.74
USD/CHF -0.33% | 0.9969
AUD/USD -0.52% | 0.9243
EUR/GBP -0.26% | 0.8003
USD/CAD -0.08% | 1.0225 tr Fusion
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Forexpros Daily Analysis - Evening session -
GMT
Written By
Jason Alan Jankovsky Forex Trading Edge -
11-04-2008 | General Overview Currency Pair
Today s US Dollar Trading USD two-sided in thin
volume Gives back a large portion of recent gains
Ends mixedOvernight Preview G7 communiqu out
tonight, expect volatility on SundayLooking Ah ... Read
More online stock trading company
Breaking News
Wachovia Miss Drags Futures Lower Monday Morning
...
(RTTNews) - Disappointing earnings results from Wachovia
(WB) helped drive US futures into the red Monday morning in New
York, signalling that financials may continue to struggle as
earnings seaso BoJ Policy Unchanged, Minutes Show ...
NZ Posts February Retail Sales Slump ... Loonie Slips Versus
Other Majors ... forex day trading
Market Overview Fundamental Analysis Technical Analysis
US Retail Sales to Provide for Direction post G-7
Weeke
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The world economy is in crisis and we are not seeing
th
12-04-2008 | General Overview | Peter Mill Read
More Dollar rebounds on G7 concerns 14-04-2008 |
Fundamental Reports | Finotec Retail Sales
14-04-2008 | Fundamental Reports | Crown Forex G7
Meeting voices concerns over recent currency volatil
14-04-2008 | Fundamental Reports | Easy Forex stock trading system
Brother Can You Spare 10 Grand
11-04-2008 | Fundamental Reports | Peter Schiff BoE
cuts rates, ECB remain hawkish. G7 Meeting over wee
11-04-2008 | Fundamental Reports | Easy Forex Technical
oscillators support the bearish trend for the
14-04-2008 | Forex Technical Analysis | Finotec Trend
is looking for a rebound. Technical oscillators s day trading stock tip
Technical oscillators support the bullish trend for the
Data shows mixed directions, but I prefer to follow the G7
concern sees Euro profoundly weak against U.S. dolla
14-04-2008 | Signals | Finotec financial forex forex software
Economic Calendar
Forexpros.com
Global Economic Calendar (GMT) Date Time Currency
Importance Event Actual Forecast Previous stock market trading
Apr 14 01:30 AUD Home Loans -5.90% 0.50%
2.30% Description determines the level of
commitments for owner occupied home financing. An upward trend
has a positive effect on the country s currency as large
purchases tend to be made by consumers that are optimistic and
confident in their financial position. 08:30 GBP PPI
Input 1.80% 1.80% 1.70% The Producer Price Index (PPI)
determines the rate of inflation (i.e., the rate of price
changes) experienced by manufacturers when purchasing goods and
services. When manufactures pay more for goods and services,
they are likely to pass the higher costs to the consumer, so
PPI is thought to be a leading indicator of consumer inflation.
A rising trend has a positive effect on the nation s
currency. PPI is highly regarded, and at extremes will have a
market impact equal to that of its CPI counterpart. day lesson stock tip trading
08:30 GBP PPI Output 0.90% 0.50% 0.30% The
Producer Price Index (PPI) Output determines the rate of
inflation (i.e., the rate of price changes) experienced by
manufacturers when selling goods and services. Manufacturers
are unlikely to pass Output inflation to the consumer.
Therefore it has much less market impact than its PPI Input
counterpart. 09:00 EUR Industrial Production
0.30% 0.20% 0.90% financial system trading
determines the total worth of output produced by factories,
mines, and utilities. Industrial Production reacts quickly to
the volatility of the business cycle and can be a leading
indicator of manufacturing employment, average earnings, and
personal income. An upward trend has a positive effect on the
country s currency as high levels of production are a sign
of a strong economy. day trading future
12:30 CAD New Motor Vehicle Sales -1.50%
8.20% determines the unit sales for new vehicles. Vehicle sales
accounting for roughly 25% of total retail sales. A rising
trend has a positive effect on the nation s currency as
demand for vehicles, as with other expensive durable goods, has
historically been a leading indicator of trends in overall
consumption. 12:30 USD Core Retail Sales 0.10%
-0.20% financial forex market trading
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EURGBP Somewhat of a weak close Friday that
signals some selling interest towards the 0.7680 level. Technically
still bullish above 0.7612 break out level. Former overhead
resistance (now possible support) coming in at 0.7572 today and
rising support coming in at 0.7487 today. Support: 0.7612 (former
high), 0.7572 (former overhead res), 0.7495 (former res), 0.7487
(rising support), 0.7400, 0.7387 (rising sup), 0.7284 (rising
support)
Resistance: 0.7677 (Friday s high) Content Provided by:
Avantage Financial GmbH Logo Avantage Financial
GmbH Avantage Financial is managed by traders who have extensive
experience with trading various markets and we know what is takes
to make money. ... DISCLAIMER: Any information in this report is
based on data considered to be reliable, but no representations or
guarantees are made by Avantage Financial GmbH with regard to the
accuracy of the data. This information is provided on condition
that we accept no responsibility, legal or other for its contents.
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are risks inherent in trading, including the risk of loss greater
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corresponding risk of loss. Anyone wishing to invest in any of the
products mentioned should seek their own financial or professional
advice. Prices can go down as well as up. Past performance is no
guarantee of future results.
Currency Majors Technical Analysis Forex Analysis
Read The Latest Forex Analysis By Arnaud Jeulin : Currency
Majors Technical Analysis
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Home Analysis
Currency Majors Technical Analysis
03-03-2008 - Arnaud Jeulin | Forex Technical Analysis
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American Session
EUR/USD - Euro Dollar
1, 5217. EUR USD is in an uptrend supported by 1H exponential
moving averages. EUR USD is in a consolidation after the last
bullish movement. The volatility is low. Bollinger bands are flat.
ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish
configuration. The price should find a support above 1, 5150. The
uptrend should continue to gather momentum. The target is expected
at 1, 5400.
Resistances 1, 5240 - 1, 5290
Supports 1, 5190 - 1, 5150 more information on
EUR/USD - Euro Dollar
Day Trading Financial Trading
GBP/USD - British Pound Dollar
1, 9856. GBP USD is in a range between 1, 9785 and 1, 9950. GBP USD
moves without trend and swings around exponential moving averages
(EMA 50 and 100). The volatility is low. Bollinger bands are flat.
ForexTrend 4H (Mataf Trend Indicator) is in a bullish
configuration. The price should continue to move in Bollinger
bands. We won't take a position. The risk/reward ratio is too high
to take a position..
1, 9865 - 1, 9950 1, 9810 - 1, 9785 more information on GBP/USD -
British Pound Dollar
Day Trading Financial Trading
USD/CAD - US Dollar Canadian Dollar
0, 9890. USD CAD broke 0, 9865 resistance. USD CAD is in a
consolidation after the last bullish movement. The volatility
decreases. Bollinger bands are tightened. Oscillators are neutral.
The price should find a resistance below 0, 9900. The consolidation
should continue. We won't take a position. The risk/reward ratio is
too high to take a position..
0, 9900 - 0, 9940 0, 9865 - 0, 9820 more information on USD/CAD -
US Dollar Canadian Dollar
Day Trading Financial Trading
USD/CHF - Dollar Swiss Franc
1, 0376. USD CHF is in an downtrend directed by 1H exponential
moving averages. USD CHF is in a consolidation after the last
bearish movement. The volatility decreases. Bollinger bands are
tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a
bearish configuration. The consolidation should continue. The price
should continue to move in 1, 0300 / 1, 0440 range. We won't take a
position.
1, 0420 - 1, 0440 1, 0350 - 1, 0300 more information on USD/CHF -
Dollar Swiss Franc
Day Trading Financial Trading
USD/JPY - Dollar Yen
103, 17. USD JPY is in an downtrend directed by 1H exponential
moving averages. The volatility is high. Bollinger bands are
parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend
Indicator) is in a bearish configuration. 4H ForexSto (Modified
Stochastic) indicate a bearish pressure on USD JPY. The price
should find a support above 102, 60. The consolidation should
continue. If the support is broken then the target will be 102, 20.
103, 30 - 103, 70 102, 60 - 102, 20 more information on USD/JPY -
Dollar Yen
Day Trading Financial Trading
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