October 17 market commentary and technical levels Fri, 17th of October, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook The EURUSD made no significant movement yesterday and seemed to move in ranging market situation. We still have valid bearish channel on both hourly ... ...

Forex Trading - US Housing Starts - continued weakness Housing Starts down 6%. Building Permits down 8.5%. with GM looking to merge - can Michigan confidence at 10 am NYC time be strong ? Go to Full Article

Forex Trading: USD/CHF Treading Between Support and Resistance on ... CLICK PICTURE FOR LARGER DETAILED IMAGE. USD CHF has broken its downtrend on the retracement from the high Jan 31, 2007 at 1.2571 to the low March 17, 2008 at .9638. It is currently trying to break above the 61.8%...

Forex Trading News: EUROZONE Trade Balance Released The EUR has fallen to session lows behind worse than expected EUROZONE Trade Balance. The Trade Balance came out at -6.1B from the previously revised -6.7B. This was forecast to rise to -5.4B. Below is a chart showing the EURUSD ... Go...

Forex Trading News: German Economic Minister Gloss on the Wires German Econ Min Gloss reiterates it is still difficult to say how current financial crisis will impact industries. - Notes several companies are amazingly resilient to financial crisis - Says there is no need for panic but we...

Multi-Year EURGBP Reversal? The EURGBP may be at a historical turning point. Go to Full Article

NZDUSD Offers Short-Term Range Opportunities Even As Major Breakout Looms Most of the Forex market is looking at congestion – ideal conditions for range traders. However, considering the market activity that preceded this chop,... Go to Full Article

EUR, GBP, AUD Holding - Look for Breakouts The EURUSD, GBPUSD, and AUDUSD continue to hold above critical supports. Wave structure (view this morning's technicals) indicate bullish potential for... Go to Full Article

Euro Drops in Forex Trading Currency trading with the euroThe euro continues to drop in forex trading on the currency market. Go to Full Article

Philippine Peso Forex Trading Forecast Emerging market currency hit hard by global recessionThe Philippine peso forex trading forecast is grim. Go to Full Article

Canadian Dollar Drops in Currency Trading Loonie in forex tradingThe Canadian dollar is dropping in currency trading on the FX market right now. Go to Full Article

UK Equity and Forex Market Closing Comments by IG Markets Going into the last few minutes of trading, its looks to be a strong finish for the UK with the FTSE 100 up around 200 points. As we have been used to lately, it was something of a jittery start for the London stock market today,...

BetonMarkets.com Afternoon Report Please find below the Afternoon Report from David Evans, market analyst at BetOnMarkets.com European markets have recovered from their early sell off thanks to US futures bidding up in what some commentators are calling a "Buffett Bounce". The...

Housing Starts Continued Sharp Slide in September Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from Wachovia Economic Commentary and Currency Risk Management Groups Click for the full report. Go to Full Article

US Consumer Confidence Plunges, But Still Above June's Lows Whether the US economy is heading into a mild contraction or a harsh recession will likely be decided by cosnumer spending. With a drop in sentiment like... Go to Full Article