World / E-commerce
Fasten Your Seatbelt?
03.07.2008 04:29
actionforex.com
The market has already priced in a hike from the ECB later today and this is in line with our economists' expectations. Our economists are in addition expecting that Mr. Trichet will be relatively hawkish in his following statement to anchor inflation expectations.
World
E-commerce
Forex Technical Analytics
03.07.2008 04:29
actionforex.com
The pre-planned buyers' positions from the key supports have been realized with attainment of main assumed targets. OsMA trend indicator having marked the preservation of low activity of both parties continues to support the perspectives of further range movement of the rate without clearness in a choice of planning priorities...
World
E-commerce
Daily FX Report
03.07.2008 04:29
actionforex.com
The horizontal trading range, established in May and June, seems to be over. The currency pair touched the support twice, and also the resistance of the channel. In the last trading day the EUR/USD broke through the resistance at 1.5800. This long signal might be a sign that the EUR...
World
E-commerce
Get Ready For Transatlantic Fireworks Today
03.07.2008 04:29
actionforex.com
If ever a volatile day was virtually ensure by upcoming event risks, that today is today. Due to the July 4 US holiday tomorrow, the normal Friday employment report is being moved up to today, thus the reason for the bizarre combination of the ECB and US employment report on...
World
E-commerce
Who Will be the Mover Today???
03.07.2008 04:29
actionforex.com
A fully jammed calendar, fundamentals from the United States and the European Union will take all the action, as we are waiting to see who would have the major effect on the markets, whether the rate hike will be the major mover or the non-farm payroll.
World
E-commerce
Daily Financial Market Outlook
03.07.2008 04:28
actionforex.com
The ECB rate decision and the June US employment report will capture market attention today for what is likely to be a very lively session in financial markets. The ECB makes a point of never pre-committing itself to changes in interest rates, but considering last month's explicit rate signal and...
World
E-commerce
Forex Technical Update
03.07.2008 04:28
actionforex.com
Euro's rally continued as it surged 111 pips from its intraday low of 1.5777 yesterday. Although, the daily & 4-Hourly stochastic is overbought; the hourly shows an upmove and a break of the critical 1.5900 mark could be witnessed if backed by hawkish statements post rate decision. The news from...
World
E-commerce
Technical Analysis for Crosses
03.07.2008 04:28
actionforex.com
The Pound continued its downside wave against the Yen yesterday to close below the 211.23 level but the pair managed to climb above it after acquiring strong upside momentum from the 210.74 support level, the momentum indicators are pointing for further upside movement however the pair needs a slight correction...
World
E-commerce
Technical Analysis for Major Currencies
03.07.2008 04:28
actionforex.com
EURO: Mixed signals concerning the currency is seen in the different momentum indicators between a neutral trend, over-bought area and over-sold area, yet technical indicators still show the upside movement supported by the 20 and 50 hour moving averanges.
World
E-commerce
USD And Stocks Headed For New Lows
03.07.2008 04:28
actionforex.com
Today's ECB Rate Announcement and the subsequent Press Conference with Trichet is scheduled at the same time of the release of US labor market data. Thus, we will likely see a lot of volatility around 12:30 GMT.
World
E-commerce
FX Technical Analysis
03.07.2008 04:28
actionforex.com
EURUSD Comment: Squeezing up towards 1.5905, as expected, the highest since late April and close to the highest ever. Consensus opinion is still very much pro-US dollar over the coming 12 months, with a median target at 1.4500 per Euro. For this morning expect another cautious upside squeeze and remember...
World
E-commerce
Fasten Your Seatbelt?
03.07.2008 04:28
actionforex.com
The market has already priced in a hike from the ECB later today and this is in line with our economists' expectations. Our economists are in addition expecting that Mr. Trichet will be relatively hawkish in his following statement to anchor inflation expectations.
World
E-commerce
Asia Session Recap
03.07.2008 04:28
actionforex.com
The US Greenback hit a two month low versus the Euro this session after Oil soared, US equities turned into Bear market territory, and the largest US automaker tried, but failed to shake off talk of bankruptcy. All in all, it was not a very good news day globally. EUR/USD...
World
E-commerce
Technical Analysis Daily: EUR/USD
03.07.2008 04:28
actionforex.com
The Euro climbed yesterday against the US Dollar from yesterday's bottom 1.5780 to the top 1.5891, which are the first support and resistance levels respectively for the currency couple today. If the positive trend continues, next resistance is expected at 1.5950, followed by 1.6000. In downward direction next support for...
World
E-commerce
Asia Session Recap
03.07.2008 04:28
actionforex.com
The US Greenback hit a two month low versus the Euro this session after Oil soared, US equities turned into Bear market territory, and the largest US automaker tried, but failed to shake off talk of bankruptcy. All in all, it was not a very good news day globally. EUR/USD...
World
E-commerce
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