| Having trouble viewing this email? Click here |
 | |
| Action Insight | Candlesticks Trades | Markets Summary | Action Bias | Top Movers | Daily Technicals |
| Calendar | Elliott Wave Trades | Markets Volatility | Pivot Points | Heat Map | Daily Fundamentals |
| Action Insight Market Overview | Markets Snapshot |
Daily Report: Impact of Spain Downgrade Limited, Markets ConsolidateDollar is staying in tight range against major currencies for the moment as it's recovery lacks strength. Some support was seen on mild risk aversion after S&P downgraded Spain while Fitch warned of downgrade of some global banks. But the impact is rather limited so far. EUR/USD is around 1.37/8 level while GBP/USD is trading around 1.57/8. AUD/USD is also firm at around 1.01/02. Dollar index breaches 77 level again is possibly extending recent decline from 79.83 towards 76.06 support. We'd maintain our view that risk markets are losing momentum ahead of key resistance zone and would remain cautious on reversal signal ahead. But, it's not the time yet. |
|
| Featured Technical Report | |
EUR/JPY Daily OutlookDaily Pivots: (S1) 105.19; (P) 105.87; (R1) 106.63; More With 4 hours MACD crossed below signal line, a temporary top is in place in EUR/JPY at 107.04, just ahead of 38.2% retracement of 117.74 to 100.74 at 107.23 and near term falling channel resistance. Intraday bias is turned neutral. On the downside, below 104.01 minor support will suggest that rebound from 100.74 has completed and will flip bias back to the downside for retesting this low. ON the upside, though, break of 107.04 will possibly bring stronger rally towards 61.8% retracement at 111.24. |
| Forex Brokers | |||
|
| Economic Indicators Update |
Top trading expert speakers, analysts and exhibitors. Discover the Newest Comer to the market, analyze latest market trends explore different trading platforms, and explore a wide opportunity on future investments. The 9th ME Forex & Investment Summit 2011
Don’t miss this year’s World MoneyShow London, 11-12 November 2011 at the Queen Elizabeth II Conference Centre. Be there as recommendations and advice are revealed for how to best position your portfolio for profit—in 2011 and beyond. Don't miss out... Register Free Today!
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Forex Trade Ideas | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Next Ichimoku & Candlestick Trade Idea update will be made on Monday 17 Oct. Candlesticks Intraday Trade Ideas Update Schedule (GMT): Elliott Wave Daily Trade Ideas Update Schedule (GMT): | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Suggested Readings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fundamental Highlights
Technical Highlights
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||
No comments:
Post a Comment