USDJPY: Broader Bias Remains Lower (Special Focus)
Oct 3, 2009 Forex
USDJPY: Broader Bias Remains Lower. As USDJPY condition continues to deteriorate though printing a higher weekly close the past week, its broader medium to longer term declines activated at the 12...Trade Plan of the Day: Euro
Oct 3, 2009 Forex
The euro (Eur/Usd 1.4580) spent most of the U.S. session trading in a range between the S1 pivot point at 1.4485 and the neutral pivot point at 1.4577. After the release of the non-farm payroll rep...Tags: Eur Usd, Euro, Payroll Report, Pivot Point, R1, Resistance
AUDUSD: Correction With Upside Bias (Special Focus)
Oct 3, 2009 Forex
AUDUSD: Correction With Upside Bias AUDUSD strengthened for eight months in a roll the past month building on its medium term uptrend triggered in late April09. With this uptreTags: April, Bias, Eight Months, Focus, Term Uptrend
Chart of the Day - 10/02/2009 Silver
Oct 2, 2009 Forex
Price action on silver, a daily chart of which is shown, has retreated from the long-term high of 17.625 (hit in mid-September), and has since been adhering closely to a steep downtrend resistance ...Tags: Resistance Line, Silver Price, Uptrend
Technical Summary: EUR Seen Reversing Losses
Oct 2, 2009 Forex
Technical Summary: EUR Seen Reversing Losses EURUSD was seen reversing most of its Thursday losses during US session today after testing an intraday low of 1.4479. Immediate risk remains higher fo...Tags: Losses, Risk, Technical Summary
Daily Technical Strategist : GBPUSD
Oct 2, 2009 Forex
GBPUSD: Retarget Of The 1.5768 Level On The Cards. GBPUSD- GBP sold off and closed lower at 1.5892 on Thursday following its shooting star candle formation on Tuesday. It was seen following throug...Tags: Cards, Decline, Shooting Star, Star Candle, Technical Strategist
Usd/S&P ahead of the NFP
Oct 2, 2009 Forex
The U.S. dollar is higher across the board after Thursdays bearish Wall Street trade, when the Dow Jones moved lower by 2.09%, the S&P lost 500 2.58%, and NASDAQ trade moved for more than 3% of it...Tags: Ahead, Amp, Asian Stocks, Dollar, Dow Jones, Lost, Nasdaq, Nfp, Nikkei, Wall Street
Daily Technical Strategist: EURUSD
Oct 2, 2009 Forex
EURUSD: Continues To Look Vulnerable To The Downside EURUSD- As indicated in our Thursday analysis, EUR continues to face downside pressure nearer term following a reversal of its Wednesday gains ...Tags: Downside, Technical Strategist
Trade Plan of the Day: Yen
Oct 1, 2009 Forex
The yen (89.70) had thin momentum, even though the rest of the market moved all over the charts. The yens daily range is only 60 pips, below the long-run average but as small as it was during the ...Tags: Momentum, Pips, Trading Session, Uncertainty, Yen
GOLD: Still Targeting The 1,024.00 Level.
Oct 1, 2009 Forex
GOLD: Still Targeting The 1,024.00 Level. GOLD: Although Gold is now backing off higher prices following its price halt at 985.10 and subsequent recovery higher, it continues to retain its overall...Tags: Level Gold, Uptrends
