http://www.forexcommittee.com/ Tue, 14 Jul 2009 17:09:07 GMT en http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=0e4fb6d6-ecfa-4bd0-8cb4-7eea2a1357c8 Tue, 14 Jul 2009 01:49:00 GMT FXstreet.com (Barcelona) - After falling around 50 pips in the early Asian session from 1.4007 to find support at 1.3960, EUR/USD has begun to rise to test 1.4000 level again and post 1.4115 as fresh intra-week high on recovery path. Currently the pair is trading around 1.3985/95, 0.10% below opening price action.Rajoo C, analyst at Precise Trader, comments: "The Hourly Oscillators bullish but weak and the price is testing the MA, so Cautious approach is needed. Hourly Trend is Sideways while 13895 holds and Daily Trend is also Sideways while 14205 holds, so expect the price to be choppy. The market is directionless, wait until the breakout happens. The Patterns are choppy but should not breach 13930-13880 level in order to maintain the bullish outlook. Conservative traders should look to be Sidelined until there is a clear signal or strictly trade only at our levels. Aggressive traders look to Long the break 14015 for a quick profit while 13930-13895 level holds."For more information, read our latest forex news. http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=1de434cf-2aa3-4fc0-b6e8-65e75a26b5d9 Tue, 14 Jul 2009 01:39:00 GMT FXstreet.com (Barcelona) - Stocks Market are climbing today's Tuesday session, following Wall Street yesterday's gains, on optimist on banks earning reports and signs of slight economic recovery. Yen is falling for second day in row, Dollar is lower on risk appetite.S&P Asia 50 index climbs 2.57% so far today, MSCI Asia Apex 50 jumps 2.52%, NIKKEI 225 advances 2.34%, Hong Kong's Hang Seng posts 2.36% higher, South Korean Kospi rises 0.54%, S&P/ASX 200 index win 3.47% today and the Straits Times Index is climbing 1.92% on the day.Oil Barrel is rising 1.04% so far today to trade above $60.00 level but Gold slides 0.20% to trade around 920.70.Risk appetite hurt Yen and dollarEUR/USD is recovering its initial losses after rising to post intra-week high at 1.4015 from 1.3960, intra-day low. GBP/USD is posting intra-week high at 1.6298 after recovering initial losses and posting 0.05% daily gains.USD/JPY continues with its own route, pair is rising 0.15% to post 93.32 as intra-week high. USD/CHF is 0.17% above today's opening price to trade close to 1.0825/35.EUR/JPY has risen to trade above 130.00 level at first time in the current week. GBP/JPY has tested 152.00 level in the last hour and currently it has been rejected close to 151.50.For more information, read our latest forex news. http://www.dailyfx.com/story/market_alerts/U_S__Dollar__Japanese_Yen_Lose_1247549421589.html Tue, 14 Jul 2009 00:30:10 GMT The dollar and JPY remained on the back foot in Asia as risk appetite improved in the wake of rising Asian stocks and a number of positive data releases... http://www.dailyfx.com/story/special_report/special_reports/Short_Term_Forex_Technical_Outlook__EUR_GBP_1247547908081.html Tue, 14 Jul 2009 00:05:02 GMT The British pound continued to weaken against its currency counterparts as investors speculate economic activity in the U.K. to remain subdued throughout... http://www.dailyfx.com/story/bio1/Forex_Markets_to_Trade_with_1247547846228.html Tue, 14 Jul 2009 00:00:35 GMT Forex markets are likely to look past the data docket to follow risk trends in European hours, with second-quarter earnings reports from Goldman Sachs... http://www.dailyfx.com/story/strategy_pieces/weekly_trading_lesson/Post_of_the_Day__Trendline_1247545596047.html Mon, 13 Jul 2009 23:26:00 GMT Student’s Question: Would you clarify for me where the trendlines go…below or above the candles? Thanks. http://www.dailyfx.com/story/special_report/special_reports/Higher_U_S__Retail_Sales_Could_1247544655370.html Mon, 13 Jul 2009 23:07:50 GMT U.S. Advance Retail Sales are forecasted to rise by 0.4% in June following the 0.5% gain the month prior. http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=d5342cb9-db9a-4d2e-a876-73878d589f95 Mon, 13 Jul 2009 23:07:00 GMT FXstreet.com (Buenos Aires) – USD/JPY Current Price: 92.92. Hovering around 93.00, pair seems unable to clearly break above 93.10 zone, and after past hours rally, indicators seem exhausted to the upside suggesting a downside correction. 20 SMA remains quite flat in the hourly, thus price break above it and should contain the downside around 92.60 zone. “Break above 93.20 highs could send the pair to 93.60 zone before an attempt closer to 94.00,” said Valeria Bednarik, collaborator at FXstreet.com.Support levels: 92.60 92.20 91.70. Resistance levels: 93.20 93.60 94.00.For more information, read our latest forex news. http://www.dailyfx.com/story/market_alerts/fundamental_alert/Overnight_Interest_Rate_Update_07_14_09_1247544100189.html Mon, 13 Jul 2009 23:00:47 GMT Current Yesterday USD 0.24313 0.24313 GBP 0.54500 0.54500 EUR 0.27625 0.26875 JPY 0.12500 0.13000 CHF 0.08333 0.08333 AUD 3.05500 3.03500 CAD 0.17167 0.17500 NZD 2.55000 2.75000 http://www.dailyfx.com/story/market_alerts/fundamental_alert/Australian_Business_Confidence_Positive_for_1247542219255.html Mon, 13 Jul 2009 22:30:16 GMT