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Forex Trading: GBP not doing much here as it has a narrow range...
Sterling not doing much here as it has a particularly narrow range. We don't have too much data out during London so it's unclear at present as to how much of a move (if any) that we will get in London.
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Forex Trading: GBPUSD in between support and resistance
The GBPUSD is trading in between the support and resistance levels on the 4 hour chart. The 200 hour moving average comes at 1.9926. The support comes in at 1.9840 which corresponds with the trendline and the 100 hour moving average.
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Forex Trading: EURGBP Testing key support
The EURGBP is testing the 200 hour moving average at 0.8003. The market should provide key support for the time period. GBP has supported today on reports the Treasury will announce a plan to ease the mortgage bottleneck.
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Forex Trading - USD/CAD - bouncing higher eyeing BOC meeting next week
The Candian interest rate curve has priced in 50 bp cut for next week Could it be a larger cut?
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Forex Trading: NY Session Economic Data Releases
Unemployment Claims @ 8.30 am EST as well as Philadelphia Fed @ 10.00 am. See also below:
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Click Here to View the Forex Daily Economic Video for Trading ...
Forex Daily Economic Video: Comprehensive Market Outlook for April 17th 2008 FXDD - Information on weekly jobless claims and continuing claims data. (Market moving information. Please digg or reddit this video if you find it...
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European Mid Morning Update 18th April 2008
Market struggles to find data to trade from today. Releases from Europe:. March Forecast Actual German Producer Prices (MoM) +0.5% +0.7% German Producer Prices (YoY) +4.0% +4.2%. There has been a sudden absence of central bank officials ...
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European Morning Update 18th April 2008
Dollar trades quietly in Asian trading. Releases from Australia: Forecast Actual Q1 Import Price Index (QoQ) +0.5% +2.7% Q1 Export Price Index (QoQ) +3.0% +3.5%. Releases from Japan:. March Prior Current ...
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EURUSD Long Term Outlook 18th April 2008
Dollar cycle lows should bolster the Dollar over the coming months. In my last report in February this year my forecast for a reversal lower came horribly unhinged and has forced me to re-appraise the entire picture. ...
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Pro Commentary Lite ... 18th April 2008 ... AUDUSD
Daily Bullish: Price pulled back perfectly into the 0.9332-42 support area and this should now provide the base for a final rally back to around the 0.9399 high and eventually to the ideal target at 0.9445. At this point watch out for a ... ...
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GBPUSD: Broke the trend line, signals of possible trend reversal?
Fri, 18th of April, 2008 By Setyo Wibowo (analyst@fxinstructor.com). GBPUSD Outlook Yesterday, the Sterling fight back against US Dollar, made more than 200 pips movement. From fundamental point of view, some believe that this...
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Asian Morning Update 18th April 2008
Dollar mixed to firm overnight on Juncker’s comments. European overnight releases:. February Forecast Actual Euro-zone Trade Balance EUR - 3.5bn +800mn Euro-zone Construction Output (MoM) +2.5% (prior) +1.2% ...
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GFT Daily Market Commentary
Forex Market Commentary for April 18, 2008 by Cornelius Luca. GFT Daily Market Commentary. The dollar closed higher on Thursday against all majors, save the pound, amid renewed hope the worst is over in the US financial disaster; ...
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What Could Trigger A Turn in EUR/USD?
There?s no doubt that the rapid appreciation of the euro against the US dollar has been impressive. In fact, the EUR/USD pair has surged over 9 percent...
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Australian / New Zealand Cross Breaks Out
See the article...
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