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TODAY'S TIP

U.S. market is in holiday but is expecting high volumes:
Category: Forex Forecasts & Signals
EUR/USD (1.3987)
European & US sessions forecast levels: 1.3890/1.4195
Trend Sessions: European: Neutral/Downward
US: Neutral/Upward
Market Focus: 3:55 AM Germany Services PMI, 4:00 AM EU Services PMI, 5:00 AM EU Retail Trade.
Daily Strategy: Market Holiday - Independence Day is today in United States. The markets are closed. But in Europe is expecting dynamic trading. The dollar successfully holds the gains after the US jobs report and even gain more after the end of US session and...

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Posted by ForexNewsAgency on July 3, 2009 at 12:38 AM
U.S. Non-Farm Payrolls on focus today:
Category: Forex Forecasts & Signals
EUR/USD (1.4116)
European & US sessions forecast levels: 1.3890/1.4195
Trend Sessions: European: Neutral
US: Neutral/Upward
Market Focus: 8:30 AM Non-Farm Payrolls, Unemployment Rate, Average Workweek, Initial Claims, Hourly Earnings, 10:00 AM Factory Orders, 5:00 AM EU Unemployment, EU PPI.
Daily Strategy: The dollar losses against the euro after the ADP Employment Change that send signal to the Fed to hold the interest rates for longer time at zero level. The recession will continue...

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Posted by ForexNewsAgency on July 2, 2009 at 12:41 AM
The U.S. recession bottom remains far away from here:
Category: Forex Forecasts & Signals
EUR/USD (1.4038)
European & US sessions forecast levels: 1.3890/1.4150
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus: 8:15 AM ADP Employment Change, 10:00 AM Construction Spending, ISM Index, 2:00 PM Auto Sales, Truck Sales, 2:00 AM Germany Retail Sales, 3:55 AM Germany Manuf. PMI.
Daily Strategy: The trading remains mixed with movements into both directions. It is expecting trading into both directions today. The situation in the world largest economy worse as...

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Posted by ForexNewsAgency on July 1, 2009 at 12:37 AM
Free GBP/USD Forex Signal for June 30th:
Category: Forex Forecasts & Signals
Free GBP/USD Forex Signal.

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Open GBP/USD short @ 1.6627 SL 1.6657 TP 1.6587.

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Posted by TimeForForex on June 30, 2009 at 04:19 AM
EUR/USD closes two key resistances at 1.4140 and 1.4170:
Category: Forex Forecasts & Signals
EUR/USD (1.4112)
European & US sessions forecast levels: 1.3890/1.4140
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus: 9:00 AM Consumer Confidence, 9:45 AM Chicago PMI, 2:50 AM France PPI, 4:00 AM EU Flash HICP, M3 3 month.
Daily Strategy: The dollar loses against the euro as is close to the key resistance at 1.4140. The break above will follow 1.4170 the second key resistance. If break above 1.4170 the current trend will break and we can see levels of 1.4350/1.4410...

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Posted by ForexNewsAgency on June 30, 2009 at 12:41 AM
The trading focus is over the US Jobs report on Friday:
Category: Forex Forecasts & Signals
EUR/USD (1.4028)
European & US sessions forecast levels: 1.3750/1.4140
Trend Sessions: European: Neutral/Upward
US: Neutral
Market Focus: 5:00 AM EU Business Climate, Economic sentiment, Industry sentiment, Consumer sentiment.
Daily Strategy: The investors and forex traders are focusing over the coming key US jobs report on Friday. This is the key fundamental news for the week. The trading will remain mix without clear direction. The trading is consolidating at wide trading range that...

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Posted by ForexNewsAgency on June 29, 2009 at 12:30 AM
The investors turn back to risky assets after Fed decision:
Category: Forex Forecasts & Signals
EUR/USD (1.4045)
European & US sessions forecast levels: 1.3750/1.4140
Trend Sessions: European: Upward
US: Neutral/Upward
Market Focus: 8:30 AM Personal Income, Personal Spending, PCE Core, 9:55 AM Michigan Sentiment-Rev.
Daily Strategy: The decision of the Federal Reserve to keep the interest rates close to zero push the investors to turn back to risky assets. The dollar is set under pressure. The trades prefer the risk these days as the risky appetite rises. The dollar will remain...

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Posted by ForexNewsAgency on June 26, 2009 at 12:32 AM
The dollar may lose the recent gains on the market today:
Category: Forex Forecasts & Signals
EUR/USD (1.3969)
European & US sessions forecast levels: 1.3750/1.4140
Trend Sessions: European: Upward
US: Neutral/Upward
Market Focus: 8:30 AM Initial Claims, Q1 GDP - Final.
Daily Strategy: The Federal Reserve kept the key interest rates level at the range of 0.00% - 0.25%. The Fed also said that the first signs of recovery are discoverable. The dollar recovery during the report but is on the way to lose the recent gains, as the investors buy euros due too the good trading level...

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Posted by ForexNewsAgency on June 24, 2009 at 11:34 PM

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