Jan 22, 2010 in Grow Financially, Investment Protection, Opportunities
EUR/GBP’s fall extended to as low as 0.8650 last week before recovering. From a short term angle, some more recovery might be seen initially this week. But upside should be limited below 0.8855 support turned resistance and bring fall resumption. Below 0.8686 minor support will flip intraday bias back to…
Jan 22, 2010 in Grow Financially, Investment Protection, Opportunities
EUR/CHF dropped further to as low as 1.4673 last week but continued to lose downside momentum and recovered. Touching of 1.4740 minor resistance turns intraday bias neutral and some consolidations could be seen in initially this week. Nevertheless, another fall is still expected as long as 1.4808 resistance holds. Below…
Jan 22, 2010 in Grow Financially, Investment Protection, Opportunities
EUR/JPY’s fall fall from 134.36 extended further last week and the break of 126.88 support confirms that whole decline from 138.47 has resumed. Initial bias remains on the downside this week and further fall should be seen to 124.35 support and then 100% projection of 138.47 to 126.88 from 134.36…
Jan 22, 2010 in Grow Financially, Investment Protection, Opportunities
GBP/JPY’s sharp fall last week and break of 145.96 support suggests that choppy rise from 139.26 has completed completed at 150.68 already. Also, consolidation pattern from 139.69 should have also finished too. Initial bias will remain on the downside this week for 141.99 support first. Break will affirm this bearish…
Jan 22, 2010 in Grow Financially, Opportunities
| Date | Time* | Source | Description | Forecast | Previous |
| 1/25/2010 | 00:00 | JPN | BOJ Target Rate | n/a | 0.10% |
| 1/25/2010 | 00:30 | AUS | PPI (YoY) | n/a | n/a |
| 1/25/2010 | 07:00 | GE | GfK Consumer Confidence Survey | n/a | 3.3 |
| 1/25/2010 | 15:00 | US | Existing Home Sales | 6.07M | 6.54M |
| 1/25/2010 | 15:30 | US | Dallas Fed Manf. Activity | n/a | 3.8% |
| 1/25/2010 | 23:50 | JPN | Corp Service Price (YoY) | n/a | -2.0% |
| 1/26/2010 | 02:00 | NZ | Credit Card Spending (YoY) | n/a | 1.6% |
| 1/26/2010 | 09:00 | GE | IFO Surveys | n/a | n/a |
| 1/26/2010 | 09:00 | EU | Euro-Zone Current Account nsa | n/a | -3.9B |
| 1/26/2010 | 09:30 | UK | GDP (YoY) | n/a | -5.1% |
| 1/26/2010 | 09:30 | UK | BBA Loans for House Purchase | n/a | 44713 |
| 1/26/2010 | 14:00 | US | S&P/CS Composite-20 YoY | n/a | -7.28% |
| 1/26/2010 | 15:00 | US | Consumer Confidence | 53.3 | 52.9 |
| 1/26/2010 | 22:00 | US | ABC Consumer Confidence | n/a | n/a |
| 1/26/2010 | 23:30 | AUS | Westpac Leading Index (MoM) | n/a | 0.4% |
| 1/26/2010 | 23:50 | JPN | Merchnds Trade Balance Total | n/a | Yen371.3B |
| 1/27/2010 | 00:30 | AUS | Consumer Prices (YoY) | n/a | n/a |
| 1/27/2010 | 05:00 | JPN | BoJ Monthly Report | n/a | n/a |
| 1/27/2010 | 11:00 | UK | U.K. CBI January Distributive Trades | n/a | n/a |
| 1/27/2010 | 15:00 | US | New Home Sales | 371K | 355K |
| 1/27/2010 | 19:15 | US | FOMC Rate Decision | 0.25% | 0.25% |
| 1/27/2010 | 20:00 | NZ | RBNZ Official Cash Rate | 2.50% | 2.50% |
| 1/27/2010 | 23:00 | AUS | Conference Board Leading Index | n/a | -0.3% |
| 1/27/2010 | 23:50 | JPN | Retail Trade YoY | n/a | -1.0% |
| 1/28/2010 | 02:00 | NZ | Money Supply M3 YoY | n/a | -2.0% |
| 1/28/2010 | 08:55 | GE | Unemployment Change (000′s) | n/a | -3K |
| 1/28/2010 | 10:00 | EU | Business Climate Indicator | n/a | -1.22 |
| 1/28/2010 | 13:30 | US | Durable Goods Orders | 1.8% | 0.2% |
| 1/28/2010 | 13:30 | US | Initial Jobless Claims | n/a | n/a |
| 1/28/2010 | 13:30 | US | Continuing Claims | n/a | n/a |
| 1/28/2010 | 21:45 | NZ | Trade Balance | n/a | -269M |
| 1/28/2010 | 23:15 | JPN | Nomura/JMMA Manufacturing PMI | n/a | 53.8 |
| 1/28/2010 | 23:30 | JPN | Natl CPI YoY | n/a | -1.9% |
| 1/28/2010 | 23:50 | JPN | Industrial Production YoY% | n/a | n/a |
| 1/29/2010 | 00:01 | UK | GfK Consumer Confidence Survey | n/a | -19 |
| 1/29/2010 | 00:30 | AUS | Private Sector Credit YoY% | n/a | 0.8% |
| 1/29/2010 | 04:00 | JPN | Vehicle Production (YoY) | n/a | 0.5% |
| 1/29/2010 | 05:00 | JPN | Housing Starts (YoY) | n/a | -19.1% |
| 1/29/2010 | 09:00 | EU | Euro-Zone M3 s.a. (YoY) | n/a | -0.2% |
| 1/29/2010 | 10:00 | EU | Euro-Zone CPI Estimate (YoY) | n/a | 0.9% |
| 1/29/2010 | 13:30 | CA | GDP MoM | n/a | 0.2% |
| 1/29/2010 | 13:30 | US | GDP Price Index | 1.3% | 0.4% |
| 1/29/2010 | 14:45 | US | Chicago Purchasing Manager | 57.0 | 58.7 |
| 1/29/2010 | 14:55 | US | U. of Michigan Confidence | 72.9 | 72.8 |
| 1/29/2010 | 15:00 | US | NAPM-Milwaukee | n/a | 52.0 |
| 1/29/2010 | 21:15 | US | Bloomberg FCI Monthly | n/a | n/a |
* Times listed are GMT
Jan 22, 2010 in Grow Financially, Investment Protection, Opportunities
The dollar was pressured on Friday by uncertainties introduced by the Obama Administration’s banking proposal and doubts over Ben Bernanke’s confirmation for another term as Federal Reserve Chairman. Still, the greenback gained against most major currencies for the week. The only exception was the yen, which rose on President Obama’s…
Jan 22, 2010 in Grow Financially, Opportunities
Jan 22, 2010 in Grow Financially, Opportunities
If you are in the area, we will be at the Hyatt at Gainey Ranch in Scottsdale.
Two sessions:
Beginners/Intermediate 10-1PM
Advanced and Trading Strategy: 2-5 PM
Cocktail reception to follow.
All are welcome.
Good weekend to all,
Greg Michalowski
Jan 22, 2010 in Grow Financially, Opportunities
Jan 22, 2010 in Grow Financially, Opportunities
FXDD Online Training Jan 26 2010 4PM Register
Dukascopy. Swiss forex broker offers best spreads, marketplace and highest liquidity for on-line forex trading
Created by miloIIIIVII | | WordPress | Entries (RSS) | Comments (RSS) | 19 queries. 1.223 seconds.
