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  1. USDCHF break above 0.9270 resistance

    by , 10-21-2012 at 10:52 PM (Free Forex Market Analysis)
    USDCHF break above 0.9270 resistance, suggesting that a cycle bottom has been formed at 0.9214 on 4-hour chart, and lengthier consolidation of the downtrend from 0.9971 (Jul 24 high) is underway. Further rise would likely be seen and next target would be at 0.9350 area. Support is at 0.9214, only break below this level could signal resumption of the downtrend from 0.9431, then another fall towards 0.9000 could be seen.



    Daily Forex Forecast
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  2. Weekly Outlook (2012 Oct 22 to 26)

    by , 10-21-2012 at 05:03 PM (DaytradingBias.com Forex Commentaries)
    [url="http://www.daytradingbias.com/?page_id=1093"]Weekly Outlook[/url] on the majors for the week is ready.

    Premium reports on the pair [color=green][b]USDJPY[/b][/color] FREE to all members this week.

    [url="http://www.daytradingbias.com/?page_id=399"]Sign up now[/url] - membership has its privileges.

    [B]DaytradingBias.com[/B] [COLOR="DarkGreen"]Know your odds [/COLOR][COLOR="Red"]before [/COLOR][COLOR="DarkGreen"]you trade[/COLOR]
    Breakthrough Research [URL="http://www.daytradingbias.com/?p=207"]Special Theory of Price Discovery[/URL]
    Special Report [URL="http://www.daytradingbias.com/?p=484"]Market Bias Detective - Forex Daytrading Time Map Vol. 1[/URL]
    Tags: usd/jpy
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  3. GBP/USD Outlook Oct. 22-26

    by , 10-21-2012 at 08:39 AM
    GBP/USD was down slightly this week, as the pair closed just below the 1.60 line, ending the week at 1.5997. This week has five events, with Preliminary GDP the highlight. Here is an outlook of the upcoming events, and an updated technical analysis for GBP/USD.

    Strong UK employment numbers and solid retail sales were not enough to bolster the pound this week. In the US, there was more mixed data, as Unemployment Claims were up, while the well-respected Philly Fed Manufacturing Index climbed to a six-month high.

    Read the rest of the article [B][I][URL="http://www.forexcrunch.com/gbpusd-outlook-oct-22-26/"]GBP/USD Outlook Oct. 22-26[/URL][/I][/B]
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  4. USD/JPY Outlook October 22-26

    by , 10-21-2012 at 07:28 AM
    USD/JPY finally made a big move, and tackled uptrend resistance, as the global mood slightly improved. Trade Balance and Tokyo Core CPI are the major events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY.

    BOJ governor Masaaki Shirakawa is under rising pressure to act more fiercely to lower the value of the Japanese yen. Pressure comes from exporters and from politicians as Japan faces elections. In addition, the potential acquisition of Sprint by Japan’s Softbank also boosts USD/JPY.

    Read the rest of the article [B][I][URL="http://www.forexcrunch.com/usdjpy-outlook-october-22-26/"]USD/JPY Outlook October 22-26[/URL][/I][/B]
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