Archives for: March 2006

Economic Calendar for Today


30th March 2006
Economic Calendar for: Thursday 30th March 2006 Time GMTeventexpectprevious05.00Japan March Small Business Confidence 49.305.45Switzerland March SECO 2006 Economic Forecasts06.00UK March Nationwide House Prices mth/mth0.5%-0.2%06.00UK March Nationwide H… more »

Dollar firm: Pound dips on trade data.


29th March 2006
The US Dollar traded sideways for much of the European trading session as forex markets digested the implications of the Federal Reserve FOMC statement and the data from Germany and Euro-zone yesterday. Currency traders were happy to keep the Euro above… more »
Technorati tags: british poundcurrencydollarforexfxpips
Flickr tags: british poundcurrencydollarforexfxpips

Financial Market Indicator Snapshot


29th March 2006
Data taken at 11:00 GMT Tueday 29th March 2006 Spot Gold563.00-1.30Brent Crude Oil64.84-0.13 NYMEX Crude Oil (nearest future)65.70-0.37 FTSE 1005968.60+32.90 Euro Stoxx 503819.46+8.24Dow Jones11,154.54-95.57 Nikkei DJ16,938.41+248.17 CRB Commodity… more »
Technorati tags: crude oildow jonesftse 100rupeespot goldyuan
Flickr tags: crude oildow jonesftse 100rupeespot goldyuan

US Dollar back in favour


29th March 2006
The consensus amongst forex traders is that following the statement after the FOMC meeting the Federal Reserve is looking for possibly two more ¼ pct rises in interest rates to 5 ¼ pct. The reference to the risks from ‘higher capacity use and elevated en… more »
Technorati tags: carry tradesfederal reservefomcforexfxyuan
Flickr tags: carry tradesfederal reservefomcforexfxyuan

US Dollar / Canadian Dollar Technical Levels


29th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1710 then 1.1745 then 1.1800 then 1.1855 SUPPORT: 1.1660 then 1.1630… more »
Technorati tags: current accountdollarforexfxjapanese yentechnical levels
Flickr tags: current accountdollarforexfxjapanese yentechnical levels

British Pound / US Dollar Technical Levels


29th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7510 then 1.7600 then 1.7625 then 1.7810 SUPPORT: 1.7420 then 1.736… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


29th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2080 then 1.2120 then 1.2190 then 1.2250 then 1.2325 SUPPORT: 1.19… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


29th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3120 then 1.3150 then 1.3230 then 1.3285 then 1.3370 then 1.3410 then 1.… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

US Dollar / Japanese Yen Technical Levels


29th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 118.30 then 119.30 then 120.45 then 121.40 SUPPORT: 117.40 then 117.10 th… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


29th March 2006
Economic Calendar for: Wednesday 29th March 2006 Time GMTeventexpectprevious07.30Euro-zone March Services Survey20.008.30UK 4th Qtr GDP qtr/qtr0.6%0.5%08.30UK 4th Qtr GDP yr on yr1.8%1.8%08.30UK 4th Qtr Current Account-6.8 bln£-10.2 bln£08.30UK Februar… more »

Federal Reserve raises rates - official statement.


28th March 2006
The Following is the Press Release from the Federal Reserve FOMC meeting. “The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 4-3/4 percent. The slowing of the growth of real GDP in the f… more »
Technorati tags: dollarfederal fundsfederal reservefomcforexinterest rates
Flickr tags: dollarfederal fundsfederal reservefomcforexinterest rates

US Dollar out of favour.


28th March 2006
The better than expected German IFO survey data and higher Euro-zone Money Supply data from the European Central Bank ( ECB ) pushed the Euro better against the US Dollar early this morning. The US currency has not been able to recover from this and has… more »
Technorati tags: currencydollarfomcforexfxifo
Flickr tags: currencydollarfomcforexfxifo

Financial Market Indicator Snapshot


28th March 2006
Data taken at 11:00 GMT Tueday 28th March 2006 Spot Gold563.60-3.60Brent Crude Oil63.72+0.11 NYMEX Crude Oil (nearest future)64.18+0.02 FTSE 1005970.10-2.10 Euro Stoxx 503834.97+7.04Dow Jones11,250.11-29.86 Nikkei DJ16,690.24+40.14 CRB Commodity I… more »
Technorati tags: crude oildow jonesftse 100rupeespot goldyuan
Flickr tags: crude oildow jonesftse 100rupeespot goldyuan

Euro jumps on strong data.


28th March 2006
The Euro jumped 50 pips to a high of 1.2075 on the release of Euro-zone M3 data and German IFO survey results. The closely-watched IFO survey showed German business sentiment unexpectedly rose to a 15-year high of 105.4 in March, lifted by an improvement… more »
Technorati tags: consumer confidenceeurofomcifom3money supply
Flickr tags: consumer confidenceeurofomcifom3money supply

Dollar calm ahead of FOMC


28th March 2006
Yesterday, the Asian trading session was all about repatriation trades in the Japanese Yen ahead of the end of the Fiscal Year End on March 31st. There was a significant unwinding of Yen ‘carry trades’ particularly against the Australian and New Zealand… more »
Technorati tags: bernankefederal reservefomcforexfxifo
Flickr tags: bernankefederal reservefomcforexfxifo

US Dollar / Canadian Dollar Technical Levels


28th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1710 then 1.1745 then 1.1800 then 1.1855 SUPPORT: 1.1660 then 1.1630… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


28th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7510 then 1.7600 then 1.7625 then 1.7810 SUPPORT: 1.7425 then 1.736… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


28th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2080 then 1.2120 then 1.2190 then 1.2250 then 1.2325 SUPPORT: 1.19… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


28th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3150 then 1.3230 then 1.3285 then 1.3370 then 1.3410 then 1.3560 SUP… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

US Dollar / Japanese Yen Technical Levels


28th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 117.10 then 117.40 then 118.30 then 119.30 then 120.45 then 121.40 SUPPORT… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


28th March 2006
Economic Calendar for: Tuesday 28th March 2006 Time GMTeventexpectprevious05.00Japan February Housing Starts yr/yr -2.2%07.30Italy March Business Confidence Survey92.592.308.00Euro-zone February s.adj M3 yr/yr7.7%7.6%08.00Euro-zone February s.adj M3 (3… more »
Technorati tags: consumer confidencefederal reservefomcifointerest ratem3
Flickr tags: consumer confidencefederal reservefomcifointerest ratem3

US Dollar / Canadian Dollar Technical Levels


27th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1710 then 1.1745 then 1.1800 then 1.1855 SUPPORT: 1.1630 then 1.1575… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


27th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7510 then 1.7600 then 1.7625 then 1.7810 SUPPORT: 1.7425 then 1.736… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


27th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2080 then 1.2120 then 1.2190 then 1.2250 then 1.2325 SUPPORT: 1.20… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


27th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3150 then 1.3230 then 1.3285 then 1.3370 then 1.3410 then 1.3560 SUP… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

US Dollar / Japanese Yen Technical Levels


27th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 117.10 then 117.40 then 118.30 then 119.30 then 120.45 then 121.40 SUPPORT… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


27th March 2006
Economic Calendar for: Monday 27th March 2006 Time GMTeventexpectprevious06.45France March Business Confidence Indicator10510506.45France March Production Indicator -3-306.45France March Own-Company Production Outlook111107.15Switzerland January Adj. Re… more »

Economic Calendar for Today


26th March 2006
Economic Calendar for: Sunday 26th March 2006 Time GMTeventexpectprevious23.50Japan 1st Qtr BSI Large Manufacturing qtr on qtr 10.523.50Japan 1st Qtr BSI Large All Industry qtr on qtr 10.523.50Japan February Corporate Service Price mth/mth0.4%-0.8%23.… more »

Dollar closes weaker. part 3


25th March 2006
Swiss Franc bulls were heartened by the move back to close the day at 1.3105, but the failure to break below 1.3080 against the US Dollar will have made traders cautious. A move below 1.3080 would have fx traders looking for a drop of some 50 pips to te… more »
Technorati tags: fomcforexjapanese yenpipsswiss francyuan
Flickr tags: fomcforexjapanese yenpipsswiss francyuan

Dollar closes weaker. part 2


25th March 2006
The Euro closed the North American trading session for the week at 1.2035. It had spent much of the previous 24 hours trading in a narrow range between 1.1960 and 1.1980 and as the housing data was released it was trading at 1.1975. A rise of 40 pips or… more »
Technorati tags: british poundcurrencydollareuroforexfx
Flickr tags: british poundcurrencydollareuroforexfx

Dollar closes weaker. part 1


25th March 2006
As I mentioned yesterday, beware of complacent markets. The release of the volatile US Durable Goods Orders data, though wide of the estimates put out by economists was taken in its stride by the forex markets. The headline statistic showed that US Durab… more »
Technorati tags: currencydollarfomcforexfxnew homes sales
Flickr tags: currencydollarfomcforexfxnew homes sales

Early Morning Forex Comment


24th March 2006
The US Dollar traded sideways in a quiet Asian trading session, with most currency traders willing to sit on the sidelines. The Federal Reserve FOMC meeting next Tuesday and Wednesday, and the end of the Japanese fiscal year are the main points of focus… more »
Technorati tags: bank of japanchinese yuancurrencydollardurable goodsforex
Flickr tags: bank of japanchinese yuancurrencydollardurable goodsforex

US Dollar / Canadian Dollar Technical Levels


24th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1680 then 1.1710 then 1.1745 then 1.1800 then 1.1855 SUPPORT: 1.1630… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


24th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7375 then 1.7450 then 1.7510 then 1.7600 then 1.7625 then 1.7810 SUP… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


24th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2000 then 1.2080 then 1.2120 then 1.2190 then 1.2250 then 1.2325 SUP… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


24th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3230 then 1.3285 then 1.3370 then 1.3410 then 1.3560 SUPPORT: 1.3090… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

US Dollar / Japanese Yen Technical Levels


24th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 118.30 then 119.30 then 120.45 then 121.40 SUPPORT: 117.40 then 117.10 the… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


24th March 2006
Economic Calendar for: Friday 24th March 2006 Time GMTeventexpectprevious08.15Italy March Business Confidence Survey92.192.313.30US February Durable Goods Orders1.0%-9.9%13.30US February Durable Goods Orders ex transportation1.0%0.9%n/aGermany March Con… more »

Dollar strength hits Euro and Sterling.


23rd March 2006
The US Dollar got an unexpected nudge up on the release of better than expected Existing Home Sales data for February. Helped by relatively mild weather, existing home sales rose by a seasonally adjusted annualised rate of 6.91 million, higher than the 6… more »
Technorati tags: british poundcurrencydollareuroforexpips
Flickr tags: british poundcurrencydollareuroforexpips

Financial Market Indicator Snapshot


23rd March 2006
Data taken at 16:30 GMT Thursday 23rd March 2006 Spot Gold548.00-1.90Brent Crude Oil62.80+1.30 NYMEX Crude Oil (nearest future)63.40+1.63 FTSE 1005990.10-17.40 Euro Stoxx 503860.13-8.35 Dow Jones11272.53-44.90 Nikkei DJ16,489.37-6.11 CRB Commodity… more »
Technorati tags: crude oildow jonesftse 100indian rupeenikkeispot gold
Flickr tags: crude oildow jonesftse 100indian rupeenikkeispot gold

Early Morning Forex Comment


23rd March 2006
The US Dollar has inched firmer overnight with some small interest from forex traders particularly against the Euro currency. Very little in the way of economic data to get the markets excited. US Home sales are unlikely to trigger major activity in fx m… more »
Technorati tags: chinese yuandollarfomcforexfxindian rupee
Flickr tags: chinese yuandollarfomcforexfxindian rupee

US Dollar / Canadian Dollar Technical Levels


23rd March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1680 then 1.1710 then 1.1745 then 1.1800 SUPPORT: 1.1630 then 1.153… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


23rd March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7450 then 1.7510 then 1.7600 then 1.7625 then 1.7810 SUPPORT: 1.7410… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


23rd March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2080 then 1.2120 then 1.2190 then 1.2250 then 1.2325 SUPPORT: 1.203… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


23rd March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3080 then 1.3120 then 1.3170 then 1.3285 then 1.3370 then 1.3410 SU… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

US Dollar / Japanese Yen Technical Levels


23rd March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 117.40 then 118.10 then 119.40 then 120.45 then 121.40 SUPPORT: 116.45 th… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


23rd March 2006
Economic Calendar for: Thursday 23rd March 2006 Time GMTeventexpectprevious07.15Swiss February Trade Balance 1.21 bln sf09.00Italy February non-EU Trade balance-1620 bln E-3586 bln E09.00EU ECB January Euro-zone Current Account -5.3 bln E09.00EU ECB… more »
Technorati tags: ecbeconomic calendarmerschretail salestrade balancetrichet

Early Morning Forex Comment


22nd March 2006
The US Dollar is mildly better against the major currencies as the forex markets get more confident with the prospect of a Federal Reserve looking at 5 pct interest rates in the near future. The release of US PPI data yesterday surprised the market and p… more »
Technorati tags: british pounddollarfederal reserveforexppiuk budget
Flickr tags: british pounddollarfederal reserveforexppiuk budget

US Dollar / Canadian Dollar Technical Levels


22nd March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1675 then 1.1710 then 1.1745 then 1.1800 SUPPORT: 1.1615 then 1.153… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


22nd March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7510 then 1.7600 then 1.7625 then 1.7810 SUPPORT: 1.7445 then 1.741… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


22nd March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2120 then 1.2190 then 1.2250 then 1.2325 SUPPORT: 1.2080 then 1.20… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


22nd March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3035 then 1.3065 then 1.3120 then 1.3170 then 1.3285 then 1.3370 then 1… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

US Dollar / Japanese Yen Technical Levels


22nd March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 118.10 then 119.40 then 120.45 then 121.40 SUPPORT: 117.00 then 116.40 the… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


22nd March 2006
Economic Calendar for: Wednesday 22nd March 2006 Time GMTeventexpectprevious08.30Italy March Consumer Confidence Index 109.3110.009.30UK Release of Bank of England MPC minutes10.00Euro-zone January Trade Balance -1.4 bln E-0.9 bln E10.00Euro-zone Januar… more »

Early Morning Forex Comment


21st March 2006
The overnight speech by Ben Bernanke, Chairman of the Federal Reserve was deemed to be ’balanced’ and gave nothing too much away. The mere fact that it was not bearish for the US Dollar was taken as a good sign by thin Asian Forex markets. It is a Japane… more »
Technorati tags: bernankechinese yuandollarforexppiyellen
Flickr tags: bernankechinese yuandollarforexppiyellen

US Dollar / Canadian Dollar Technical Levels


21st March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1615 then 1.1675 then 1.1710 SUPPORT: 1.1535 then 1.1510 then 1.14… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


21st March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7600 then 1.7625 then 1.7810 SUPPORT: 1.7510 then 1.7410 then 1.737… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


21st March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2190 then 1.2250 then 1.2325 SUPPORT: 1.2115 then 1.2080 then 1.20… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


21st March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3030 then 1.3065 then 1.3120 then 1.3170 then 1.3285 then 1.3370 then 1… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

US Dollar / Japanese Yen Technical Levels


21st March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 116.60 then 117.00 then 118.10 then 119.40 then 120.45 then 121.40 SUPPORT… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


21st March 2006
Economic Calendar for: Tuesday 21st March 2006 Time GMTeventexpectprevious00.00Federal Reserve Chairman Bernanke speaks in New York07.45France Current Account-4000 mln E-4499 mln E07.45France February Consumer Spending mth on mth0.3%0.9%07.45France Febr… more »
Technorati tags: bernankecpieconomic calendarfederal reserveppirpi
Flickr tags: bernankecpieconomic calendarfederal reserveppirpi

Afternoon Forex comment


20th March 2006
The Sage of Omaha has added his two cents worth into the US Dollar debate. After ringing the opening bell of the New York Stock Exchange, Warren Buffett reiterated his long-standing prediction that the U.S. dollar would weaken over time. "I think over ti… more »

Midday Forex Comment


20th March 2006
The British Pound continued its firm tone after some house price data showed a 0.9 pct rise month on month and a slight dip in mortgage lending. This obsession that many very senior and otherwise sage market traders and economists have with house prices… more »
Technorati tags: bank of englandbernankedurable goodsfederal reserveforexppi

Financial Market Indicator Snapshot


20th March 2006
Data taken at 11:15 GMT Monday 20th March 2006 Spot Gold554.500.50Brent Crude Oil63.01-0.25 NYMEX Crude Oil (nearest future)62.46-0.31 FTSE 1006026.00+26.60 Euro Stoxx 503853.18+20.75 Dow Jones11279.65+26.41 Nikkei DJ16,624.80+285.07 CRB Commodity… more »
Technorati tags: chinese yuancrude oildow jonesftse 100nikkeispot gold
Flickr tags: chinese yuancrude oildow jonesftse 100nikkeispot gold

US Dollar becalmed.


20th March 2006
The US Dollar has been becalmed as currency traders await a speech by Federal Reserve Chairman Ben Bernanke in New York. Mr. Bernanke is due to speak at 7.00 pm local time ( 12.00 midnight GMT ). Chairman Bernanke is scheduled to address the Economic C… more »
Technorati tags: bernankecurrencyecbfederal reserveforexindian rupee
Flickr tags: bernankecurrencyecbfederal reserveforexindian rupee

US Dollar / Canadian Dollar Technical Levels


20th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1615 then 1.1665 then 1.1710 SUPPORT: 1.1535 then 1.1510 then 1.14… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


20th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7600 then 1.7625 then 1.7810 SUPPORT: 1.7510 then 1.7410 then 1.737… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


20th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2190 then 1.2250 then 1.2325 SUPPORT: 1.2080 then 1.2030 then 1.199… more »
Technorati tags: currencydollareuroforex tradingfxtechnical levels
Flickr tags: currencydollareuroforex tradingfxtechnical levels

US Dollar /Swiss Franc Technical Levels


20th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.2940 then 1.3030 then 1.3065 then 1.3120 then 1.3170 then 1.3285 then 1.… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

US Dollar / Japanese Yen Technical Levels


20th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 116.60 then 117.00 then 118.10 then 119.40 then 120.45 then 121.40 SUPPORT… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


20th March 2006
Economic Calendar for: Monday 20th March 2006 Time GMTeventexpectprevious07.00German February Producer Prices mth on mth 0.1 pct1.2 pct07.00German February Producer Prices yr on yr5.3 pct 5.6 pct07.00Japan February Convenience Store sales yr on yr -3.… more »

Morning Forex Comment


17th March 2006
The Forex markets have been very demanding of Economic statistics over the last few days. The view seems to be that unless they absolutely confirm that the Federal Reserve must raise rates at the end of the month then they mean that they definitely will… more »
Technorati tags: currencydollarforexfxindustrial productionmarkets
Flickr tags: currencydollarforexfxindustrial productionmarkets

Financial Market Indicator Snapshot


17th March 2006
Data taken at 10:00 GMT 18th March 2006 Spot Gold554.75-0.35Brent Crude Oil64.07-0.14 NYMEX Crude Oil (nearest future)63.46-0.12 FTSE 1006036.20+43.0 Euro Stoxx 503866.75+27.04 Dow Jones11253.24+43.47 Nikkei DJ16339.73+243.52 CRB Commodity Index309… more »
Technorati tags: commodity indexcrude oildow jonesftse 100nikkeispot gold
Flickr tags: commodity indexcrude oildow jonesftse 100nikkeispot gold

US Dollar / Canadian Dollar Technical Levels


17th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1580 then 1.1615 then 1.1665 then 1.1710 SUPPORT: 1.1535 then 1.15… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


17th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7555 then 1.7600 then 1.7625 then 1.7810 SUPPORT: 1.7510 then 1.741… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


17th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2190 then 1.2250 then 1.2325 SUPPORT: 1.2080 then 1.2030 then 1.199… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


17th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.2940 then 1.3030 then 1.3065 then 1.3120 then 1.3170 then 1.3285 then 1.… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

US Dollar / Japanese Yen Technical Levels


17th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 117.00 then 118.10 then 119.40 then 120.45 then 121.40 SUPPORT: 116.60 the… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


17th March 2006
Economic Calendar for: Thursday 16th March 2006 Time GMTeventexpectprevious05.00Japan January Final Leading Economic Index 85.0 pct05.00Japan January Final Coincident Index 100.0 pct07.45France January Current Account -4.0 bln E-4.49 bln E09.00Italy… more »

Early Morning Forex Comment


16th March 2006
Dollar recovers its poise. The US Dollar has recovered some of its poise overnight after the knock backs it received on the release of economic data that forced the market to question its certainty that the expected interest rate hike by the Federal Rese… more »

US Dollar / Canadian Dollar Technical Levels


16th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1615 then 1.1665 then 1.1710 SUPPORT: 1.1510 then 1.1465 then 1.14… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


16th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7510 then 1.7555 then 1.7625 then 1.7810 SUPPORT: 1.7410 then 1.7375… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


16th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2115 then 1.2190 then 1.2250 SUPPORT: 1.2030 then 1.1990 then 1.191… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


16th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3030 then 1.3065 then 1.3120 then 1.3170 then 1.3285 then 1.3370 then 1.… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

US Dollar / Japanese Yen Technical Levels


16th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 118.10 then 119.40 then 120.45 then 121.40 SUPPORT: 117.10 then 116.60 the… more »
Technorati tags: currencydollarforexfxjapanese yentechnical levels
Flickr tags: currencydollarforexfxjapanese yentechnical levels

Economic Calendar for Today


16th March 2006
Economic Calendar for: Thursday 16th March 2006 Time GMTeventexpectprevious07.45France 4th Qtr Nonfarm payrolls qtr on qtr0.1 pct0.1 pct09.30UK February Retail Sales mth on mth 0.4pct-1.3pct09.30UK February Retail Sales yr on yr2.1 pct1.3 pct10.00Euro-z… more »
Technorati tags: cpihousing startskohnphiladelphia fed surveysnbtrichet
Flickr tags: cpihousing startskohnphiladelphia fed surveysnbtrichet

US Dollar / Canadian Dollar Technical Levels


15th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1615 then 1.1665 then 1.1710 SUPPORT: 1.1510 then 1.1465 then 1.14… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


15th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7510 then 1.7555 then 1.7625 then 1.7810 SUPPORT: 1.7410 then 1.7375… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


15th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.2030 then 1.2115 then 1.2190 then 1.2250 SUPPORT: 1.1990 then 1.191… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


15th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3065 then 1.3120 then 1.3170 then 1.3285 then 1.3370 then 1.3410 SU… more »
Technorati tags: currencydollareconomic calendarforexfxswiss franc
Flickr tags: currencydollareconomic calendarforexfxswiss franc

US Dollar / Japanese Yen Technical Levels


15th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 118.10 then 119.40 then 120.45 then 121.40 SUPPORT: 117.10 then 116.60 the… more »
Technorati tags: currencydollareconomic calendarforexfxjapanese yen
Flickr tags: currencydollareconomic calendarforexfxjapanese yen

Economic Calendar for Today


15th March 2006
Economic Calendar for: Wednesday 15th March 2006 Time GMTeventexpectprevious06.00Japan February Machine Tool Orders yr on yr 5.3 pct09.00Italy February CPI mth on mth0.2 pct0.2 pct09.00Italy February CPI yr on yr 2.1 pct2.2 pct09.30UK February Claimen… more »

US Dollar / Canadian Dollar Technical Levels


14th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1615 then 1.1665 then 1.1710 SUPPORT: 1.1565 then 1.1510 then 1.146… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels

British Pound / US Dollar Technical Levels


14th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD RESISTANCE: 1.7375 1.7420 then 1.7510 then 1.7555 SUPPORT: 1.7295 then 1.7190 then… more »
Technorati tags: british poundcurrencydollarforexfxtechnical levels
Flickr tags: british poundcurrencydollarforexfxtechnical levels

Euro / US Dollar Technical Levels


14th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in EUR/USD RESISTANCE: 1.1985 then 1.2025 then 1.2115 then 1.2190 then 1.2250 SUPPORT: 1.191… more »
Technorati tags: currencydollareuroforexfxtechnical levels
Flickr tags: currencydollareuroforexfxtechnical levels

US Dollar /Swiss Franc Technical Levels


14th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in CHF/USD RESISTANCE: 1.3120 then 1.3170 then 1.3285 then 1.3370 then 1.3410 SUPPORT: 1.306… more »
Technorati tags: currencydollarforexfxswiss franctechnical levels
Flickr tags: currencydollarforexfxswiss franctechnical levels

US Dollar / Japanese Yen Technical Levels


14th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in JPY/USD RESISTANCE: 119.40 then 120.45 then 121.40 SUPPORT: 118.10 then 117.30 then 116.60 th… more »
Technorati tags: currencydollareconomic calendarforexfxjapanese yen
Flickr tags: currencydollareconomic calendarforexfxjapanese yen

Economic Calendar for Today


14th March 2006
Economic Calendar for: Tuesday 14th March 2006 Time GMTeventexpectprevious02.00Japan 2nd Qtr Manpower Employment Outlook04.00Japan January Final Industrial Production mth on mth -7.0 pct04.00Japan January Final Industrial Production yr on yr 2.1 pct2.1… more »

Early Morning Forex Comment


13th March 2006
Currency trading in the opening session of the week was quiet with no new territory explored by cautious fx traders. The focus of the US Dollar for the week is likely to be the US Retail Sales data on Tuesday and the US CPI data on Thursday. Retail Sales… more »
Technorati tags: cpicurrencyforexfxretail saleszew survey
Flickr tags: cpicurrencyforexfxretail saleszew survey

US Dollar / Canadian Dollar Technical Levels


13th March 2006
The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in USD/CAD RESISTANCE: 1.1615 then 1.1665 then 1.1710 SUPPORT: 1.1575 then 1.1510 then 1.146… more »
Technorati tags: canadian dollarcurrencydollarforexfxtechnical levels
Flickr tags: canadian dollarcurrencydollarforexfxtechnical levels