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The Brief Daily Forecaster 1st October 2008
DAILY ANALYSIS FOR USDJPY
Bias: This part of the rally should stall between 106.48-69 and cause a
pullback to 105.29-75 before higher again
The break above 105.22-25 certainly provoked a stronger reaction higher and
this looks to be in...
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Market Overview by Forex Yard
Economic News
* USD
U.S. ADP Non-Farm Employment Change on Tap.
The U.S. financial crisis shows no signs of weakening with the recent bank failure of Washington Mutual. WaMu is the countries largest bank failure and shows just how difficult of a time the...
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FX Technical Analysis by iForex.bg
The British Pound also descended significantly yesterday against the US Dollar from Tuesday's top 1.8115 to the bottom 1.7764, which are the first resistance and support levels respectively for the currency couple today.
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Forex Technical Analysis - RCPL Forex
Euro: Euro crashed more than 400 pips to test the bids of 1.4007 in yesterday’s session and is currently trading around 1.4120 levels. Immediate resistance comes in at the 21 hourly EMA at 1.4166. A break of this level may take Euro higher upto...
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Daily Forex Technical Analysis - Forex Ltd
The pre-planned breakout variant for buyers was realized with attainment of basic assumed targets. OsMA trend indicator, having marked the considerable bearish activity rise gives reasons for buying planning priorities for today.
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AUD/USD - Australian Dollar US Dollar, European Session - 01/10/08
0,7955.
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EUR/AUD - Euro Australian Dollar, European Session - 01/10/08
1,7716.
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EUR/CAD - Euro Canadian Dollar, European Session - 01/10/08
1,4967.
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EUR/CHF - Euro Swiss Franc, European Session - 01/10/08
1,5786.
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EUR/JPY - Euro Yen, European Session - 01/10/08
149,41.
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Market Overview by Forex Yard
Economic News
* USD
U.S. ADP Non-Farm Employment Change on Tap.
The U.S. financial crisis shows no signs of weakening with the recent bank failure of Washington Mutual. WaMu is the countries largest bank failure and shows just how difficult of a time the...
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Varengoldbank FX - Daily FX Report
This morningÂs Daily FX Report by the VarengoldbankFX trading desk team including a review of the Forex and currency markets, technical analysis, key pivot points and the daily economic calendar.
Click for the full report.
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Forex Market Update
USD sweeps stronger across the board as banking woes go worldwide. Equity and yield bounceback trigger enormous USDJPY reversal.
USD may continue to reign supreme for now despite likely very ugly economic data in the pipeline.
MAJOR HEADLINES
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Euro-Zone Manufufacturing Slips to a Seven Year Low, Euro-Dollar (EURUSD) Pulls Back From Intraday High
The Euro-Zone final September manufacturing PMI was revised down to 45.0 from 45.3 in the previous month and versus 47.6 in August. This was the lowest...
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USD/CAD - US Dollar Canadian Dollar, European Session - 01/10/08
1,0619.
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