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British Pound Tests 1.9700
Commentary: We wrote yesterday that "given the shelf of support just below 1.9500, the rally this morning makes it possible that at least a multi-week...
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Japanese Yen 108.33 is Key
Commentary: We wrote yesterday that "If you wish to take advantage of this bear leg that we expect to drop below 100 (objectives are near 97.50), then...
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New Zealand Dollar Drop Looks Corrective
Commentary: Strategy has remained flat recently and that is because we have honestly had no idea what is going on with NZDUSD. Yesterday?s violent drop...
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In the Financial Papers: Today?s Top Forex News 01.17.08
Here is the ?In the Financial Papers Radio Broadcast? (Length: 08:20 minutes), all the news related to the foreign exchange market. The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial...
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GBPUSD Dollar Rally Accelerating: Target Above 2.00
See the article...
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Australian Dollar Attempting Wave 3 Higher?
Commentary: We maintain a bullish bias above .8682 but the decline from just above .9000 has us a bit worried. "Wave 3 within the 5 wave bull cycle from...
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Canadian Dollar Approaches 200 day SMA
Commentary: As mentioned yesterday, our previously alternate count is now the favored one; and the bullish potential is great. The next level of resistance...
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Swiss Franc 1.1190 a Key Level
Commentary: We wrote yesterday that "we still expect a rally but the corrective advance unfolding from 1.0884 is probably an expanded flat. The flat would...
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Euro Very Volatile
Commentary: So much for the EURUSD being in the buy zone as we wrote yesterday. Bigger picture, we remain bullish due to the count that treats the rally...
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GFT Market Recap: Asia Session
New Zealand ?s inflation increased during the 4th quarter. This is another sign that Governor Bollard will delay any rate cuts until possibly 2009. The NZD strengthened initially, but sold off moments after the release. ...
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Pro Commentary Lite ... 17th January 2008 ... USDJPY
Daily Bullish:, Losses moved below 106.22 but stalled at the 105.90 support from where we saw a stronger recovery. I still feel there is risk of one more low but in the mean time we have to be a little careful in case we see an extended ...
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Calculating where two moving averages will cross on the current bar?
Calculating the crossing point of two averages in Chart Studio. Many traders place importance on the crossing of two moving averages. Indeed, these are given the special names of:. Golden Cross ? when a shorter moving average...
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GFT Support and Resistance Levels
EUR/USD, GBP/USD, USD/JPY. 1.477, 1.9765, 108.6. 1.473, 1.972, 107.95. MARKET, MARKET, MARKET. 1.457, 1.953, 105.9. 1.452, 1.95, 105.25.
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Euro Regains Upper Hand Against US Dollar in Forex Trading
Euro rebounds in currency trading on the FX marketAfter plunging yesterday on ECB rates comments, the euro is regaining ground against the US dollar in forex trading today. Reuters reports on the euro in currency trading on the FX ...
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Do you want a password for the protected posts on this forex blog?
If you desire a password to read my protected forex blog posts please sign up for my forex ecourse and forex ezine via the side menu on this blog. It?s beneath the ad for AVAFX. You will be sent details of password in your welcome...
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