Fx market perspective

Foreign Exchange Idiosyncracy

Written by JS T Alexander | 30 June 2010

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Being able to identify certain behavioral patterns in a structure of charts with a particular instrument like the foreign exchange will help establish a more defined forecast of its where its direction would be. Certain formations especially in chart analysis can be found during the course of historical movements in a specific currency.

Forex Vulnerability

Written by JS. T Alexander | 30 June 2010

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UPDATE:

Today the US dollar is getting hit hard on the back of weak economic data including Initial Claims, Pending Home sales and the ISM Manufacturing Indice. This coupled with a successful Spanish bond auction in the EUROZONE has the dollar on the defensive.

GBPUSD Highlights . .

Written by Research | 15 June 2010

Update: Pivotal Price Reversal 2

What the market already knew would not have made a difference in the market place. In spite of the downgrading of Greece to junk category and Germany's exposure to the package plan that have been in the news for sometime have not created much for the Euro vs. the USD.

Technical Outlook 622

Written by Research | 22 June 2010

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The sustainability of the forex majors such as the EURUSD and the GBPUSD to move forward higher has been at a slower pace since the volumes and volatility index have been diminishing to its low levels. As the market has been weighing the report on the Chinese Yuan value pegged vs. the US Dollar.

Reports affecting FX

Written by research | 15 June 2010

SWISS Industrial Production
Actual -
Forecast -6.30%
Previous 6.40%

The Industrial Production measures the change in the total outputs of the Swiss factories, mines, and utilities. It gives us a good indicator of strength in the manufacturing sector. It can be a leading indicator of manufacturing employment, average earnings, and personal income.