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Forex Chart of the Day by FX Solutions
The latest Forex chart of the day by James Chen, of FX Solutions, covering a major currency pair within the Forex market. Find Mr. ChenÂs daily FX technical analysis within the Forex Hound technical analysis section, or subscribe to the ForexHound...
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BetonMarkets.com Afternoon Report
Please find below the Afternoon Report from David Evans, market analyst
at BetOnMarkets.com
With the focus of market participants being almost entirely on the
disasters in the financial sector, the dramatic reversal in energy
prices has been easy...
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Investing in Emerging Markets
Fighting poverty on Blog Action DayToday is Blog Action Day, and GFT Forex is proud to participate.
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U.S. Dollar Struggles in Forex Trading
Currency trading with the greenbackWeakness in the U.S. stock market, which came yesterday after a dramatic rally in the morning, is keeping the U.S. dollar back in forex trading.
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Will the Euro Ease in Currency Trading?
Euro expected to drop against yen in forex tradingThe euro is expected to drop against the yen in forex trading on the currency market by the end of the year.
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New Zealand Dollar Technical Outlook
With 5 waves potentially complete from above .82, a correction should reach the former 4th wave (defended by the 50%) at .70. The advance could accelerate...
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Canadian Dollar Technical Outlook
The USDCAD drop from 1.2132 has held short term trendline support. A closer look at the decline reveals that it is an impulse though and that the line...
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Swiss Franc Technical Outlook
5 waves up from 1.0686 and 3 waves down to former support is bullish for the USDCHF.
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British Pound Technical Outlook
The rally from 1.6775 is an impulse (5 waves) and a corrective decline from 1.7635 may be complete at 1.7375. The position of the EURUSD suggests that...
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Wachovia Daily FX Report
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.
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Market Update from Trade The News
European Market Update
Wed Oct
15th
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Yen Technical Outlook
Resistance has been strong the past few days near 103, psychological resistance as well as the 50% of the decline from 108.07.
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Euro Technical Outlook
Repeating last night’s commentary “the beginning of a larger move is usually ugly and unclear. Such is the case here with the EURUSD. Still, wave rules...
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Euro 1.3485 Remains Bullish Line in the Sand
1.3485 remains the key level for short term EURUSD bulls. If the larger pattern is bullish, then the pair should reach 1.40-1.42 in the next week.
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US Retail Sales Fall By The Most Since August 2005
US Advance Retail Sales fell sharply during the month of September at a rate of 1.2 percent, marking the worst result since August 2005. A 3.8 percent...
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