Forex Trading: GBPJPY/EURJPY moving lower after breaking support ... The GBPJPY broke through trendline support yesterday at the 210.97 level. It is now approaching support at the 207.81 level where the 100 day moving average is located. read more. Go to Full Article

Forex Trading: GBPJPY moving lower after breaking trendline yesterday The GBPJPY broke through trendline support yesterday at the 210.97 level. It is now approaching support at the 207.81 level where the 100 day moving average is located. The USDJPY is now below the 100 our moving average. ......

Forex News: Feds Stern on CNBC Longer run inflation should see some lower pressure for headline and core. Short term may see some uptick still; Tight credit restraining economic activity. Will take some time for headwinds to deminish. Some time before see growth at ... Go to Full Article

Forex Trading: EURUSD back down to support The EURUSD is back down testing the closing level from yesterday at the 1.4910 level. Expect support here. Go to Full Article

Forex News: Optimism Index Economic Index rises above expectation The index came in at 42.8 from 39.0. This is the highest level since February 2008. Go to Full Article

Forex News: Investors Business Daily Optimism Index due at 10:00 AM 10:00 AM EDT, IBD/TIPP Economic Optimism index. Last month the index came in at 37.4 equal to the lowest level in the recent cycle. This month the expectation is for a slight rebound to 38.5 as oil topped out and the worries...

Forex News: Fed's Lacker on the wires Inflation trends usually follow inflation expectations. The Fed puts a lot of weight on inflation expectations rather than inflation per se. They have commented on the signs of increased inflation expectations in the recent comments. ... Go to Full...

Forex Trading: Markets suddenly don't trust a weaker dollar The USDJPY moved below the 100 hour moving average at the 109.70 level (low of 109.66) , but bounced and did not have a close below the level. The EURUSD went right up to the 1.4967 level, reaching a high of of 1.4964, but fell...

Forex Trading: EURUSD approaches resistance at 1.4967 As per the previous post, the EURUSD is approaching resistance at the 1.4967 level (SEE PREVIOUS POST). Oil moves to session highs. Equities moving lower. Treasuries moving to new highs. Go to Full Article

Forex Trading: The EURUSD makes new lows but bounces higher on the day The EURUSD fell to new lows for the move to 1.4815. The pair has rebounded to a high of of 1.4951, above yesterdays closing level of 1.4910. The day is shaping up as a correction day as long as the market can maintain the...

Forex Trading: USDJPY testing 100 hour moving average at 109.70 Watchng this level. A break will target lower levels today as the market corrects. Go to Full Article

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. Go to Full Article

Market Update from Trade The News European Market Update forTuesday August 12th: Russia reportedly ceases its military operation in Georgia ·*** ECONOMIC DATA *** - (IN) India Jun Industrial

Forex Briefing and Wrap Up by A Jankovsky, of MyForexBriefings.com Find enclosed the comments of the respected Morning FOREX Briefing and The Afternoon US Dollar Wrap-Up your state-of-the-art access to cutting-edge strategies for exploiting profit potential in the world currency markets. In...

Forex News Preview: US Trade Balance due out at 8:30 AM EDT The US Trade Balance for the month of June will be reported at 8:30 AM EDT. Last month the deficit came in at -59.8 Billion. This was narrower than expected as exports increased to record levels. The lower dollar in June made US...