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  1. EURUSD stays in a trading range between 1.3653 and 1.3914

    by , 10-23-2011 at 10:13 PM (Free Forex Market Analysis)
    EURUSD stays in a trading range between 1.3653 and 1.3914. As long as 1.3653 support holds, the price action in the range is treated as consolidation of uptrend from 1.3146, and one more rise to 1.4000 is still possible. On the other side, a breakdown below 1.3653 could indicate that the rise from 1.3146 had completed at 1.3914 already, then the following downward movement could bring price back to 1.3500 zone.

  2. ||London Forex Market Call 10-24-11|

    by , 10-23-2011 at 09:09 PM
    Welcome to the London Forex Market Call for October 24th.,2011. GBP/USD: Closes near the highs of the session and above the Fibonacci 50% extension level which resides at 1.5940. A close above 1.5990 will keep the bullish posture of the market intact with the Fibonacci 1.0% extension level of 1.6160 as the next upside objective. A close, however, below the October 14th. pivot high of 1.5850 will encourage a wave of selling down to September 29th. high of 1.5714. Funds have decreased their net short position by 8,746 contracts and technicals are becoming increasing bullish suggesting more upside price activity can be expected in this weeks trading | GOLD: Closes up nearly 1% in New York trading, but still below the 10 day average ...
  3. Forex Daily Outlook – October 24 2011

    by , 10-23-2011 at 05:41 PM
    Mo – We start the week with Flash Manufacturing PMI in Europe and MPC Member Tucker speech in the UK as the main highlight on today’s outlook. Let’s see what awaits us today.

    In the US, William Dudley, Federal Reserve Bank of New York President, is due to deliver a speech in Bronx.

    In Europe, European Union (EU) Economic Summit, an important meeting with ECB President Trichet, IMF head Laggards and Heads of state from Euro-zone states, regards monetary stability in the Euro area.

    Read the rest of the article [B][I][URL=""]Forex Daily Outlook – October 24 2011[/URL][/I][/B]
  4. Weekly Outlook (Oct 24 to 28) Ready

    by , 10-23-2011 at 01:49 PM ( Forex Commentaries)
    [url=""]Weekly Outlook[/url] updated for the week of Oct 24 to 28.

    You can view the latest charts and comments [url=""]here[/url].
    Previous week comments and charts can also be found on the same page.

    For those who are interested in mechanical approach to chart analysis, check out our [i]Weekly Cycle Projection[/i] - it provides [url=""]visual weekly forecast[/url] for the markets we support.

    [b]Free Symbol Rotation[/b] this week is offering the premium reports on the pair [color=green][b]AUDUSD[/b][/color] for FREE.

    [url=""]Sign ...
    Tags: aud/usd
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