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June 27 market commentary and technical levels
Fri, 27th of June, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook The EURUSD continued it’s bullish momentum. Yesterday the pair hit my long target 1.5725 even further, topped at 1.5766. However, it can be very tricky ...
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Cowabunga System Daily Update: Friday, 06/27/08
Cowabunga Dudes! It was another great day as I was able to grab 55 pips off of two trades. See how it all went down in today's Cowabunga Surf Report.
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Forex Trading: NZDUSD benefits from weak dollar
The NZD dollar has benefitted from a broadly lower dollar despite the -0.3 GDP and worse than expect trade balance last night. The benefit is more a reflection of the dollar weakness rather than NZD strength. ...
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Forex Trading: Dollar getting hit as Moody's puts Morgan Stanley ...
The dollar is under pressure as USDJPY, EURUSD, USDCHF and GBPUSD all are in tandem. Dow down 125. EURUSD has broken through trendline resistance at the 1.5771 level. Watch this level this afternoon. USDJPY is pressures as...
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Forex Trading: GBPUSD trading at new 2 month highs.
The GBPUSD is trading at new two month highs as the dollar continues to weaken. Yesterdays high of 1.9893 will be used as support for traders today. The pair sold off overnight on weaker GDP data reaching a low of 1.9807 but rebounded ...
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Forex Trading u of Michigan Confidence on target at 56.4
Curent conditions weaker at 67 agst May's 73.8. Expectations lower as well at 49.2 agst May's 51.1.
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Forex Trading: US Michigan Consumer Confidence comes in at 56.4.
Final 56.4 versus expectation of 56.7. The consumer will remain gloomy in this economic environment needless to say. read more.
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Forex Trading: EURUSD consolidating as oil begins to hurt all
The EURUSD pair is consolidating as the market is pondering how the last surge in oil effects growth and inflaton the Eurozone and in the US. Nevertheless the pair remains near the 3 week high level. read more.
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Forex Trading: USDCAD at the 100 day MA again
The USDCAD which has largely been trading sideways for most of the year, is back at the 100 day MA level. The level comes in at 1.0064. The pair was largely influenced by the price of oil in the past as Canada is an exporter of oil ...
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Forex Trading - Strong Personal Income
Personal Income up 1.9% vs 0.4% expected.
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Bobby's Corner Market Open 6.27.2008
Good Morning:. Nervous markets will await today’s economic data, along with Equity and Futures market openings. read more.
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Forex Trading News: EUR Consumer Confidence Out Below Forecast
The Consumer Confidence number comes out at -17 from the previous -15. This was forecast for a drop to -16. The EUR did not react much to this data.
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Weekly Trading Update - June 23-27
It was another excellent trading week this week with 2 winning trades out of 2. One was a small winner and the other one was much larger. (...)
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Forex Technical Analysis for 06/30—07/04 Week
Floor Pivot Points. Pair, 3rd Sup, 2nd Sup, 1st Sup, Pivot, 1st Res, 2nd Res, 3rd Res. EUR/USD, 1.5253, 1.5360, 1.5576, 1.5683, 1.5899, 1.6006, 1.6222. GBP/USD, 1.9341, 1.9464, 1.9706, 1.9829, 2.0071, 2.0194, 2.0436 ...
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EUR/USD Faces a Slight Correction
EUR/USD corrected slightly today after fundamental data both from US and Eurozone showed more support for the dollar rather than for the euro. Important consumer spending and income data arrived from US today, while Eurozone released ...
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