Market review for 25.01.12: FOMC kept the interest rate unchanged, in the range of 0% -0.25 %

Forex Metal Daily Newsletter Send to a Friend |  Visit our website |  Unsubscribe Thursday, 26 Jan 2012 Daily review for 25.01, 2012 FOMC kept the interest rate unchanged, in the range of 0% -0.25 %   Asian and European trading sessions:   Euro: During the Asian session the EUR / USD the pair traded in a narrow range of $ 1.3015 -$ 1.3049. The European trading session showed its decline to $1.2930 level where the couple found its low of the daily. The confidence of market participants that Greece and private lenders will not be able to reach an agreement on debt relief fell along with the euro currency The Euro dropped against its major competitors.   British Pound: The GBP / USD couple retreated from yesterday's highs during the Asian session. The pound fell after the report of GDP in Britain, which showed decrease in the 4th quarter by 0.2 % when expectations of a decline were by only 0.1%. The GBP / USD pair recorded its daily low reaching at $ 1.5530.     Japanese Yen: The yen fell against all 16 major currencies after Japan, for the first in 31 years, reported a deficit of annual trade balance in 2011. In details, in 2011 Japan had a deficit of $ 205.1 billion yen. The USD / JPY pair grew to the level of Y78.32 at the European session.     American trading session: US Dollar: The dollar fell to a new low against the euro and recorded the area of $1.3118 after FOMC of the U.S kept the interest rate in the range of 0% -0.25 % which meant unchanged. According to comments of Federal Reserve on its decision, the interest rate would not be changed at least until the end of 2014.   Oil: The cost of the March futures on U.S. light crude oil WTI rose to 99.77 dollars per barrel.   Gold: Gold prices broke very important level of $1680 and rocketed to a new $ 1712 per troy ounce after FOMC announce a report on interest rate in US.             TECHNICAL ANALYSIS FOR 26.01, 2012     EURUSD The pair has found support at Fibonacci 23% and aiming to the next Fibonacci level 38% at 1.31150 and the pair may rise to 1.31674. Resistance:  1.31674, 1.33143, 1.34882 Support:  1.30277, 1.28630, 1.26897 GBPUSD The pair has MACD convergence that may support pair to start upwards corrections. First aim is at 1.54842, the second level at 1.56722. Resistance:  1.56722, 1.58543, 1.60322 Support:  1.54842, 1.53482, 1.52063 USDCHF On daily graph MACD divergence which might be a signal of downwards corrections. The aim of correction can be at Moving Average (200) at 0.90279. Resistance:  0.93069, 0.93949, 0.95074 Support:  0.92026, 0.91079, 0.89635 USDJPY The pair's resistance 78.345, support 77.539. Resistance: 78.345, 79.070, 79.707 Support:  77.539, 76.463, 75.425 AUDUSD The pair has broken triangle and has risen to 1.06164. Resistance: 1.06164, 1.07005, 1.07739 Support: 1.05332, 1.04407, 1.03535             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 24.01.12:The Bank of Japan lowered the forecast of the economic growth for next year.

Forex Metal Daily Newsletter Send to a Friend |  Visit our website |  Unsubscribe  Wednesday, 25 Jan 2012 Daily review for 24.01, 2012 The Bank of Japan lowered the forecast of the economic growth for next year.   Asian and European trading sessions:   Euro: The euro stepped back from the three-week highs. The investors and traders were taken profits on their opened before positions on Euro currency. Moreover, many market participants took cautious positions and did not want to open any long positions on Euro currency against the background of the prolonged negotiations on Greek debt. The EUR /USD pair traded in a range of $1.2953 to $1.3061.   US Dollar: The investors' attentions today were pointed towards the started today two-day meeting of the Federal Open Market Committee of US. The trading dynamics of U.S. dollar were positively affected by the growing demand for safe haven assets against the background of the negative dynamics on the main European stock exchanges.   British Pound: The GBP/USD pair traded today in uptrend range of $1.5533- $1.5591 during both sessions and recorded its European trading session's maximum by reaching the level of $1.5597.    American trading session:   Japanese Yen: The yen fell against almost all of its major competitors after the Bank of Japan lowered the forecast of the economic growth for next year.   British Pound:  The Pound rose against most traded currencies after the report which showed that the budget deficit in December fell more than expected.   Oil: The cost of March's WTI futures dropped to 98.28 dollars per barrel.   Gold: Gold prices also fell. The cost of the February gold futures on COMEX today dropped to 1661.07 dollars per ounce.           TECHNICAL ANALYSIS FOR 25.01, 2012   EURUSD The pair has found support at Fibonacci 23% and aiming to the next Fibonacci level 38% at 1.31150. Resistance:  1.30277, 1.31674, 1.33143 Support:  1.28630, 1.26897, 1.25690 GBPUSD The pair has MACD convergence that may support pair to start upwards corrections. First aim is at 1.54842, the second level at 1.56722. Resistance:  1.56722, 1.58543, 1.60322 Support:  1.54842, 1.53482, 1.52063 USDCHF On daily graph MACD divergence which might be a signal of downwards corrections. The aim of correction can be at Moving Average (200) at 0.90279. Resistance:  0.93069, 0.93949, 0.95074 Support:  0.92026, 0.91079, 0.89635 USDJPY The pair has broken 77.539 and aiming to 78.345. Resistance: 78.345, 79.070, 79.707 Support:  77.539, 76.463, 75.425 AUDUSD The pair is trying to break triangle. The triangle's upper level is 1.04407 (resistance), lower level is 0.99207 (support). Resistance: 1.05332, 1.06164, 1.07005 Support: 1.04407, 1.03535, 1.02558             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 23.01.12:The Asian financial markets celebrated a New Year.

Forex Metal Daily Newsletter Send to a Friend |  Visit our website |  Unsubscribe Tuesday, 24 Jan 2012 Daily review for 23.01, 2012 The Asian financial markets celebrated a New Year.   Asian and European trading sessions:   Euro:  The euro fell at the beginning of the Asian trading session amid continuing disagreement in the negotiations on restructuring the debt of the Greece. The EUR/USD pair dropped to its daily low of $1.2875, but then recovered to $1.2902 and continued traded mostly around $1.2890 level where finally found its support. Coming later, the European session provided positive trend dynamics for the Euro currency and the EUR / USD couple updated its two week high of $1.3045 level. All these dynamics were amidst the background of speculations that the heads of the European countries at a coming meeting in Brussels will take decisive actions to address the debt crisis in the region. One of the main topics of the meeting will be the situation in Greece. Supported the euro currency today also the other market speculations of the positive results of the ongoing negotiations about making attempts to force the Greek private lenders such as banks, insurance companies and hedge funds to agree to cancel 50% of the country's debt in their holding.   British Pound: The GBP/USD pair traded today in the range of $1.5514- $1.5601.    American trading session:   Oil: The WTI oil futures on the NYMEX increased by 1.4% to $100.2.   Gold: The Gold prices were stable today and rose to 1680.8 dollars per ounce. Today, in observance of New Year according to lunar calendar, the financial markets in China, Hong Kong, Singapore, South Korea, and Taiwan were closed.           TECHNICAL ANALYSIS FOR 24.01, 2012   EURUSD The pair has found support at Fibonacci 23% and aiming to the next Fibonacci level 38% at 1.31150. Resistance:  1.30277, 1.31674, 1.33143 Support:  1.28630, 1.26897, 1.25690 GBPUSD The pair has MACD convergence that may support pair to start upwards corrections. First aim is at 1.54842, the second level at 1.56722. Resistance:  1.56722, 1.58543, 1.60322 Support:  1.54842, 1.53482, 1.52063 USDCHF On daily graph MACD divergence which might be a signal of downwards corrections. Resistance:  0.93069, 0.93949, 0.95074 Support:  0.92026, 0.91079, 0.89635 USDJPY The pair is trying decline to 76.463. If this level is broken the pair will continue declining to 75.425. Resistance: 77.539, 78.345, 79.070 Support:  76.463, 75.425, 74.414 AUDUSD The pair is trading in the triangle. The triangle's upper level is 1.04407 (resistance), lower level is 0.99207 (support). The pair tried to break it and can roll back to the triangle's line at 1.04407. Resistance: 1.05332, 1.06164, 1.07005 Support: 1.04407, 1.03535, 1.02558         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.