Action Forex |
- USDCHF continued its downward move
- Labor Market – Encouraging Signs, December Employment Report Awaited
- Ecofin meet on Greek debt and EU fiscal pact
- USDCHF continued its downward move
- Daily technical outlook
- Ecofin meet on Greek debt and EU fiscal pact
- USDCHF continued its downward move
- Ecofin meet on Greek debt and EU fiscal pact
- Consumer Price Index, Jobless Claims, Housing Starts – Each of These Reports Have Favorable Aspects to Note
- Daily technical outlook
| USDCHF continued its downward move Posted: 23 Jan 2012 08:41 AM PST USDCHF continued its downward move from 0.9594, and the fall extended to as low as 0.9411. Further fall to test the support of the upward trend line from 0.9066 to 0.9304 is expected later today, as long as the trend line support holds, the price action from 0.9594 is treated as consolidation of uptrend from 0.8569 (Oct 27, 2011 low), another rise towards 1.0000 is still possible. However, a clear break below the |
| Labor Market – Encouraging Signs, December Employment Report Awaited Posted: 23 Jan 2012 08:19 AM PST Initial jobless claims fell 15,000 to 372,000 during the week ended December 31. The four-week moving average at 373,250 is the lowest since June 2008. Continuing claims, which lag initial jobless claims by one week, dropped 22,000 to 3.595 million. As of December 31, 2011 initial jobless claims stood at 372,000 vs. 418,000 a year ago. Initial jobless claims averaged 409,000 in 2011, the lowest since 2007 and the |
| Ecofin meet on Greek debt and EU fiscal pact Posted: 23 Jan 2012 07:47 AM PST EU finance ministers gathered in Brussels on Monday morning in order to discuss the conditions of the Greek debt swap in order to proceed with the second financing package for the indebted country. The ministers also plan to analyze the new draft of the fiscal pact, which was made known last week. As Greece must receive money before March 20 in order to avoid a default which would aggravate the EU crisis, Simon Sm |
| USDCHF continued its downward move Posted: 23 Jan 2012 07:41 AM PST USDCHF continued its downward move from 0.9594, and the fall extended to as low as 0.9411. Further fall to test the support of the upward trend line from 0.9066 to 0.9304 is expected later today, as long as the trend line support holds, the price action from 0.9594 is treated as consolidation of uptrend from 0.8569 (Oct 27, 2011 low), another rise towards 1.0000 is still possible. However, a clear break below the |
| Posted: 23 Jan 2012 06:54 AM PST It's human nature to find patterns where there are none and to find skill where luck is a more likely – William Bernstein Good morning. Euro opened lower this week, erasing most of Thursday's gains, therefore dollar index found support at 80: EURUSD 4hrs chart still looks bullish as current decline could be corrective. Next support backs the highlighted range at 1.2800, which is also the median retrace va |
| Ecofin meet on Greek debt and EU fiscal pact Posted: 23 Jan 2012 06:46 AM PST EU finance ministers gathered in Brussels on Monday morning in order to discuss the conditions of the Greek debt swap in order to proceed with the second financing package for the indebted country. The ministers also plan to analyze the new draft of the fiscal pact, which was made known last week. As Greece must receive money before March 20 in order to avoid a default which would aggravate the EU crisis, Simon Sm |
| USDCHF continued its downward move Posted: 23 Jan 2012 06:41 AM PST USDCHF continued its downward move from 0.9594, and the fall extended to as low as 0.9411. Further fall to test the support of the upward trend line from 0.9066 to 0.9304 is expected later today, as long as the trend line support holds, the price action from 0.9594 is treated as consolidation of uptrend from 0.8569 (Oct 27, 2011 low), another rise towards 1.0000 is still possible. However, a clear break below the |
| Ecofin meet on Greek debt and EU fiscal pact Posted: 23 Jan 2012 05:47 AM PST EU finance ministers gathered in Brussels on Monday morning in order to discuss the conditions of the Greek debt swap in order to proceed with the second financing package for the indebted country. The ministers also plan to analyze the new draft of the fiscal pact, which was made known last week. As Greece must receive money before March 20 in order to avoid a default which would aggravate the EU crisis, Simon Sm |
| Posted: 23 Jan 2012 05:18 AM PST Posts Related to Consumer Price Index, Jobless Claims, Housing Starts – Each of These Reports Have Favorable Aspects to NoteConsumer Price Index, Jobless Claims, Housing Starts – Each of These Reports Have Favorable Aspects to NoteThe Consumer Price Index (CPI) held steady in December, after posting a similar reading in November. The energy price index inched down 1.3% in December, ... |
| Posted: 23 Jan 2012 04:53 AM PST It's human nature to find patterns where there are none and to find skill where luck is a more likely – William Bernstein Good morning. Euro opened lower this week, erasing most of Thursday's gains, therefore dollar index found support at 80: EURUSD 4hrs chart still looks bullish as current decline could be corrective. Next support backs the highlighted range at 1.2800, which is also the median retrace va |
| You are subscribed to email updates from Action Forex To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment