Forex News To Watch 09.25.2009 8:30am EST – Durable Goods.

The value of orders placed for relatively long lasting goods. Durable Goods are expected to last more than three years. Such products often require large investments and usually reflect optimism on the part of the buyer that their expenditure will be worthwhile.

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FOREX TRADE ALERT NEWS TRADING | Durable Goods

FOREX TRADE ALERT and OUTLOOK for USD/JPY, EUR/USD, AUD/USD

and UD DOLLAR INDEX

FOREX TRADE ALERT: DOLLAR STRENGTHENS.

US DOLLAR INDEX.

The US Dollar Index is testing short-term resistance at 81. Breakout would signal a secondary reaction to test resistance at 83, while respect of resistance would warn of a primary down-swing with a target of 76.

Euro The primary trend of the euro is upwards and likely to continue. If we had to invert the euro/usd chart it would paint a similar picture to the US Dollar Index. Breakout from the rising trend channel warns of a secondary correction to test support at $1.37 [green]. Respect of the 100-Day moving average would be a bullish sign, while failure of primary support at $1.29 [red] would signal a trend reversal. Continue Reading »
FOREX TRADE ALERT for USD/JPY, EUR/USD, AUD/USD and US DOLLAR INDEX

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FOREX TRADE ALERT | NEWS ALERT for GBP/USD.

FOREX NEWS ALERT for GBP/USD 10/14/2008.

Snapshot of worldwide markets roller-coaster. We hope soon as the markets settled down to catch reversals on U.S. dollar and Japanese yen. For right now we did not find a safe entry for any of these currency pairs.

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