June 17 market commentary and technical levels Tue, 17th of June, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook After hit low at 1.5302 on Friday, the rejection of EURUSD further downside momentum was continued yesterday. On the daily chart, we see twice before, ... Go...

Week Ahead - June 16 - 20 Below is a Consolidated Summary of Scheduled News Events that I am watching. for the "Week Ahead" Note: All times are listed in US Eastern Time Zone and there are other scheduled events that I may not have listed. ... Go to Full Article

VIDEO: June 17th 2008 Forex Market Outlook http://forex.fxdd.com ... VIDEO: June 17th 2008 Forex Market Outlook http://forex.fxdd.com dailyfx forex insight. Go to Full Article

Forex Trading News: Economic and Forex Preview (6/17/2008) Attached is the Economic and Forex releases and previews for today. Go to Full Article

Forex Trading: USDCHF also looking to test key support. 200 hour ... The level to watch is 1.0380. Joins the USDJPY which has 100 hour MA support at 107.77. The EURUSD has broken through the 1.5520 which is the 200 hour MA. Go to Full Article

Forex Trading USDJPY approaches the 100 hour moving average The 100 hour moving average comes in at 107.77. The 38.2% retracement of the move up from June 11th comes in at the 107.80 level as well. Key level for the USDJPY. Go to Full Article

Europe Hopes To Regain Position As Top Drug-Development Market In a bid to re-establish itself as the “pharmacy of the world” - and narrow the growing gap between itself and the United States and Asia - Europe is launching a $3.1 billion drug-discovery initiative. The program - known as...

Forex Trading: AUDUSD tests the trendline and MA support after ... Trendline comes in at the 0.9403 level. The 21 and 100 hour moving average are also at the level. Market decline is stalling here. A break lower would solicit stops. Go to Full Article

Forex Trading: EURUSD breaks through 200 hour Moving average Level comes in at 1.5519. Watch this level. Go to Full Article

Forex News WSJ Article sparks dollar sell off A Wall Street Journal article titled Fed Mood Tilts Away from Rate Hike Bets has sparked the rally. The article cites comments from Bernanke that the "growth risks remain to the downside". The article also cites the inflation risks and ... Go...

Forex News: RBA Minutes Released SAYS CURRENT RATE SETTING MAY BE ENOUGH TO SLOW DEMAND; SAYS HIGH COMMODITY PRICES DRIVING UP AUSTRALIAN DOLLAR; BOARD SAYS IT IS IMORTANT THAT SLOWING TREND TO CONTINUES; SAYS FUEL PRICES TO ADD 0.25 PERCENTGAGE POINTS TO 2Q CPI ... Go to Full Article

Forex Trading: EURUSD spurts higher The EURUSD has moved sharply higher in active trade. There is no news to prompt the move. Go to Full Article

Forex News: Reserve Bank of Australia Minutes to be released at 9 ... The RBA will release the minutes to the Boards June Interest Rate setting meeting. The AUDUSD has rallied up in anticipation of more hawkish comments. For what it is worth, after the meeting Glenn Stevens made the...

Forex Trading: GBPUSD ups and downs continue The GBPUSD rallied strongly yesterday on the back of the weaker dollar and perhaps in anticipation of the CPI which willl be announced tomorrow (it is off the highs now though). The CPI is expected to rise above the 3.0% upper band, ... Go to...

Forex Trading: EURUSD off to a slow start. The EURUSD will be eyeing the 1.5453 level for support on the downside. This level held a few times in the New York session and if anything, should solicit some selling from longs and perhaps new intraday shorts. Go to Full Article