SearchTags: us dollarForex Forecast16th February 2008 Forex Forecast- try saying that three times fast! The Market Oracle, an online financial publication, has done even better, preparing a one-year forecast for all of the major currencies along with a detailed analysis of the major factors driving each cur… more » Categories: Forex News GBP/USD Mid-Day Outlook15th February 2008 GBP/USDs retreat from 1.9737 extends further to 1.9599 in early US session, touching 4 hours 55 EMA as expected. At this point, intraday outlook remains neutral. As discussed before, an intraday top is in place at 1.9737. But, rise from 1.9386 could stil… more » Categories: Forex News USD/CHF Mid-Day Outlook15th February 2008 USD/CHFs sharp fall from 1.1105 and break of 1.0935 support indicates that rebound from 1.0729 has completed at 1.1105, after just failing mentioned key near term resistance of 1.1120 cluster resistance (38.2% retracement of 1.1596 to 1.0836 at 1.1126 an… more » Categories: Forex News Mid-Day Report: Yen and Swiss Franc Rebound as NY State Survey Spurs Recession Worry15th February 2008 The Japanese yen and Swiss Franc are boosted in early US session after a surprisingly weak NY State Manufacturing index spurred worries on risks of deeper slowdown and recession in the US economy. The index unexpectedly sank from 9.0 to -11.7, marking th… more » Categories: Forex News EUR/USD Mid-Day Outlook15th February 2008 EUR/USD remains firm today and rally from 1.4438 extends further to as high as 1.4696 so far. At this point, intraday bias remains on the upside as long as 1.4632 minor support holds. As discussed before, firm break of 1.4672 resistance will confirm that… more » Categories: Forex News |
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