Market review for 26.09.2011: : Disappointment of the market is still very strong.

Forex-Metal Daily Market Review and Technical Analysis Send to a Friend |  Visit our website |  Unsubscribe Tue 27 Sep  2011 Daily review for 26.09, 2011 Market review for 26.09.11: Disappointment of the market is still very strong.   Asian and European trading sessions: Euro: The G20 meeting, that took place in Washington this weekend, did not bring any stability to the market, since no decision has been agreed upon regarding the crises. The Euro reacted with a decrease against the competitors. Problems in Greece continued to pressure the euro. And according to the released information, the IMF was considering writing off 50% of the Greek debt. As a result, the EUR/USD pair dropped to the $1,3370 minimums. During the European trading session the release of the positive economic indicators supported the euro and the EUR/USD grew to the $1.3542 region. The German Business climate IFO indicator turned out to be above expectations. British Pound: The GBP/USD pair traded in the range of $1.5430 - $1.5460, and its maximum has been reached during the European trading session at the $1.5552 level. Japanese Yen: The Japanese yen lost its positions against the greenback, and the USD/JPY pair traded in the range of Y76.227 - Y76.517. New Zealand Dollar: Investors' unwillingness to take risks was still pressuring the demand for the risky assets, and the New-Zealand dollar was weakening.   American trading session: By the end of the day the euro strengthened at the level of $1,3530, and the sterling reached the $1,5560 level.      technical analysis for 27.09, 2011   EURUSD The pair has broken Fibonacci retracement 50% at 1.34882 and aiming to 1.33143. Resistance:  1.34882, 1.35984, 1.37486 Support:  1.33143, 1.31674, 1.30277 GBPUSD If the pair stays below 1.54842 the pair will decline to Fibonacci retracement 23% at 1.53482. Resistance:  1.54842, 1.58543, 1.60322 Support:  1.53482, 1.52063, 1.50594 USDCHF The pair has reached Moving Average (200) at 0.86376 and may roll back to 0.84685. Resistance:  0.85939, 0.87214, 0.88418 Support:  0.84685, 0.83541, 0.82483 USDJPY If the pair stays below 76.463 the pair will decline to 75.425. Resistance: 77.539, 78.345, 79.070 Support:  76.463, 75.425, 74.414 AUDUSD The pair has reached support at 0.97423. If the pair breaks it the pair will decline to 0.96579. Resistance:  0.98436, 0.99207, 1.0067 Support:  0.96579, 0.95611, 0.94635 Useful Links Discuss currency news with other traders in FX2Day forum: https://fx2day.net/forum/mvnforum/index Download free demo platform: https://forex-metal.com/home/download Ready to open a real account to start trading? You can do it here: https://forex-metal.com/accounts/new Did you know that you can earn commission simply for referring a friend to us? There are 3 commission options you can choose from. To learn more please visit our Introducing Brokers page: https://forex-metal.com/broker_inquiries/new Watch our new commercial at YouTube: http://www.youtube.com/watch?v=o0fQEydv-3M Open Account |  Economic Calendar |  PIP Value Calculator |  Forex for Beginners   Forex Metal T: 1-866-464-0944 F: 1-800-689-8298 E: info@forex-metal.com You are receiving this e-mail because you have subscribed to free daily FX news via Forex-Metal.com website. If you do not want to receive any e-mail messages from us please send a message to support@forex-metal.com with UNSUBSCRIBE in the subject line. Please do not reply to this newsletter.

Market review for 22.09.11: Greenback strengthened against the major currencies.

Forex-Metal Daily Market Review   Send to a Friend |  Visit our website |  Unsubscribe Fri, 23 Sep 2011 Daily review for 22.09, 2011 Market review for 22.09.11: Greenback strengthened against the major currencies.   Asian and European trading sessions: Euro: The EUR/USD pair continued to drop today during both sessions, renewing new minimums. The couple established its daily low at $1.3385 area and then straightened back to test the $1.3500 mark. US Dollar: Yesterday's decision of the FOMC Committee revealed that the FRS was not going to start the QE program. Instead, the FOMC announced the "Twist" operation, when the long-term Treasury bonds for amount of $ 400 billion were supposed to be bought by the end of June 2012 with the following sale of the short-term Treasury bonds  for the same amount.   As a consequence, the dollar strengthened against all major currencies and brought down all its pairs AUD/USD, EUR/USD, GBP/USD to their annual lows.   British Pound: From the beginning of the Asian session the GBP/USD pair traded lower and tested its new annual lows in the region of $1.5326 during the European session. Japanese Yen: The USD/JPY pair lost its previously won positions and accelerated its downwards movement. Minimums were reached at the Y76.116. New-Zealand Dollar: New-Zealand dollar weakened after the released data, that the national economic growth almost stopped.   American trading session: Euro: During the American trading session the Euro managed to rehabilitate and the EUR/USD pair returned to the $1,3550 mark. The news that the EC would speed up the recapitalization of the 16 European banks supported the euro.             Useful Links Discuss currency news with other traders in FX2Day forum: https://fx2day.net/forum/mvnforum/index Download free demo platform: https://forex-metal.com/home/download Ready to open a real account to start trading? You can do it here: https://forex-metal.com/accounts/new Did you know that you can earn commission simply for referring a friend to us? There are 3 commission options you can choose from. To learn more please visit our Introducing Brokers page: https://forex-metal.com/broker_inquiries/new Watch our new commercial at YouTube: http://www.youtube.com/watch?v=o0fQEydv-3M Open Account |  Economic Calendar |  PIP Value Calculator |  Forex for Beginners   Forex Metal T: 1-866-464-0944 F: 1-800-689-8298 E: info@forex-metal.com You are receiving this e-mail because you have subscribed to free daily FX news via Forex-Metal.com website. If you do not want to receive any e-mail messages from us please send a message to support@forex-metal.com with UNSUBSCRIBE in the subject line. Please do not reply to this newsletter.

Market review for 21.09.2011: : Market participants are waiting for the results of the FOMC meeting. Euro started to drop.

Forex-Metal Daily Market Review and Technical Analysis Send to a Friend |  Visit our website |  Unsubscribe Thu 22 Sep  2011 Daily review for 21.09, 2011 Market review for 21.09.11: Market participants are waiting for the results of the FOMC meeting. Euro started to drop.     Asian and European trading sessions: Euro: The EUR/USD pair is trading in the range of $1.3680-$1.3720 during the Asian trading session. Later on the euro started to decrease against the US dollar, due to the European stock markets drop. Debt problems in Greece had negative impact on the investors' trading behaviour. Euro was decreasing up to the level of $1.3605. British Pound: The sterling was under pressure today after the UK economic growth negative forecasts, released by the budget committee.  The GBP/USD tested the $1.5620 minimums. Japanese Yen: The Japanese yen weakened against the greenback today. The USD/JPY pair traded in the range of Y76.20-Y76.30. Canadian Dollar: The Canadian inflation data, which turned out to be above expectations, resulted in the decrease of the Canadian dollar against the greenback.   American trading session: US Dollar: According to the released FOMC decision, the rate was left at the previous level of 0.25%. Following this publication, the greenback strengthened against the euro and the pound. The EUR/USD reached the $1.3700 mark, and the GBP/USD reached the $1.5600 mark.      technical analysis for 22.09, 2011   EURUSD The pair is aiming to Fibonacci retracement 50% at 1.34882. Resistance:  1.37486, 1.38554, 1.39600 Support:  1.35984, 1.34882, 1.33143 GBPUSD The pair has reached support 1.54842 and is aiming to Fibonacci retracement 23% at 1.53482. Resistance:  1.54842, 1.58543, 1.60322 Support:  1.53482, 1.52063, 1.50594 USDCHF The pair has broken resistance 0.89635 and aiming to 0.91079. Resistance:  0.91079, 0.92026, 0.93069 Support:  0.89635, 0.88418, 0.87214 USDJPY If the pair stays below 76.463 the pair will decline to 75.425. Resistance: 77.539, 78.345, 79.070 Support:  76.463, 75.425, 74.414 AUDUSD The pair has declined to support at 1.00067. If this level is broken the pair will decline to 0.99207. Resistance:  1.00907, 1.01744, 1.02558 Support:  1.00067, 0.99207, 0.98436 Useful Links Discuss currency news with other traders in FX2Day forum: https://fx2day.net/forum/mvnforum/index Download free demo platform: https://forex-metal.com/home/download Ready to open a real account to start trading? You can do it here: https://forex-metal.com/accounts/new Did you know that you can earn commission simply for referring a friend to us? There are 3 commission options you can choose from. To learn more please visit our Introducing Brokers page: https://forex-metal.com/broker_inquiries/new Watch our new commercial at YouTube: http://www.youtube.com/watch?v=o0fQEydv-3M Open Account |  Economic Calendar |  PIP Value Calculator |  Forex for Beginners   Forex Metal T: 1-866-464-0944 F: 1-800-689-8298 E: info@forex-metal.com You are receiving this e-mail because you have subscribed to free daily FX news via Forex-Metal.com website. If you do not want to receive any e-mail messages from us please send a message to support@forex-metal.com with UNSUBSCRIBE in the subject line. Please do not reply to this newsletter.