Euro And Pound Pick Up Momentum, Offer Distinct Setups

Filed Under (Forex technical) by on 30-09-2008

The euro and pound pairs are building momentum; but most of the crosses are already well on their way (and present unattractive risk/reward) or there is little fundamental impetus to keep the market moving should their be another shift in the financial crisis. Looking for clear technicals and fundamentals, the…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

FOREX-Dollar rises on risk flight, funding needs – Reuters

Filed Under (Forex technical) by on 30-09-2008

FOREX-Dollar rises on risk flight, funding needs
Reuters - 1 hour ago
By Tamawa Kadoya LONDON, Sept 30 (Reuters) – The dollar rebounded against the yen and euro on Tuesday as investors cut back on risky positions after US
FOREX-Risk aversion boosts yen after US bailout stalls Reuters UK
all 9 news articles

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

Dollar Stronger but Underlying Trend Unclear

Filed Under (Forex technical) by on 30-09-2008

The EURUSD (and the USD in general) is at a crossroads. The advance from 1.3877 is in 3 waves to this point (corrective) and the drop below the short term support line favors bears. Still, it is likely that everything from 1.3877 is corrective and that the drop from near…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

Mid-Day Report: Euro Dives Following Dexia $9.2b Bailout

Filed Under (Forex technical) by on 30-09-2008

Euro dives sharply in early US session as markets get more bad news from European financial sector. France and Belgium are believed to be leading a state-backed rescue of the world’s largest lender to local government, Dexia SA. Belgian Prim Minister Leterme said that Dexia will receive $9.2b to shore…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

Failed Bail-Out Vote, Busy Calendar Spell Forex Volatility (Euro Open) – Daily FX

Filed Under (Forex technical) by on 30-09-2008

Failed Bail-Out Vote, Busy Calendar Spell Forex Volatility (Euro Open)
Daily FX, NY - 57 minutes ago
Forex traders may see additional volatility through European trading as major numbers such as the German Unemployment Rate and Euro-Zone Consumer Price
UK Mortgage Approvals Fall to 9 Year Low, Housing Downturn to Linger Daily FX
all 4 news articles

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

Daily Report: Uncertainties ahead after TARP Defeat

Filed Under (Forex technical) by on 30-09-2008

World investors are deeply concerned with the widening of financial crisis after the unexpected rejection of US $700b bailout plan sent DOW to a historical fall yesterday. Asian and European stock markets open sharply lower today. Though, follow through selling is not apparent and the markets recover mildly instead. Yen…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

Liberalization of Forex Transactions to Be Delayed – 조선일보(영문판)

Filed Under (Forex technical) by on 30-09-2008

Liberalization of Forex Transactions to Be Delayed
조선일보(영문판), South Korea - 31 minutes ago
A senior official with the Ministry of Strategy and Finance on Monday said, "We had intended to liberalize forex transactions from February, a year ahead of

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

Fibs Show Possible Euro Bounce Against Swiss Franc

Filed Under (Forex technical) by on 30-09-2008

After having rallied on only two of the last nine weeks, the Euro may be ready for a week long bounce against the Swiss Franc. As one may see from the chart provided below, EURCHF has been oscillating in a clean descending triangle over the last 11 months. The pair…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

GBP/JPY Short-Term Technical Outlook

Filed Under (Forex technical) by on 30-09-2008

The GBPJPY has held within a broad range between 184.00 and 197.50 throughout September, and may offer profitable opportunities for forex traders. The pair touched an intraday high of 197.42 on 9/24, and has come under considerable selling pressures to hold near the lower-end of the range.

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

Forex trading: Choosing the right broker – The Punch

Filed Under (Forex technical) by on 30-09-2008

Forex trading: Choosing the right broker
The Punch, Nigeria - 36 minutes ago
By Ose Ebhohimen Selecting a broker that you can entrust with your trading funds is a crucial aspect of a successful forex investment.

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

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