Go Back   DailyFX Forum > Blogs
Reload this Page Blog Entries

Old

FXReturn.com London Forex Market Call 11.20.09

Posted 11-19-2009 at 10:22 PM by FXReturn.com
Updated 11-19-2009 at 10:30 PM by FXReturn.com
Welcome to the FXReturn.com London Forex Market Call for November 20th, 2009. The GBP/USD continues to move lower off the mid November highs. The technicals are all pointing lower as the market trades through the 10 day average at 1.6670. The pull back could be as deep as 1.6430. The behavior of the GOLD market is selling off in the morning and buying the market back in the afternoon. The market ,however, failed to make a new high and is pausing at the 1140.00 area. 1180.00 is the next area of resistance. The Staff at FXReturn.com wishes you continued success. Please click the following link to view todays London Market Call:
Created with Camtasia Studio 5
FXReturn.com's Avatar
Special Guest Trader
Posted in Uncategorized
Views 33 Comments 0 FXReturn.com is offline
Old
Rating: 1 votes, 5.00 average.

USDJPY remains in downtrend from 92.32

Posted 11-19-2009 at 10:07 PM by ForexCycle.com (Free Forex Market Analysis)
USDJPY remains in downtrend from 92.32 and the fall extended further to as low as 88.64 level. Deeper decline is still possible later today. Rebound would more likely be seen before breaking below 88.01 previous low. Support and resistance are located at the borders of the falling price channel. A clear break above the channel resistance will indicate that the downward trend from 92.32 has completed, then the following uptrend could bring price back to 91.00 or even 92.00.



Daily fx Forecast
ForexCycle.com's Avatar
Special Guest Trader
Posted in Uncategorized
Views 28 Comments 0 ForexCycle.com is offline
Old
Rating: 1 votes, 5.00 average.

Eur/Usd: Update on Todays Price Action

Posted 11-19-2009 at 03:25 PM by Casey Stubbs (Winners Edge Trading Daily insights)


Eur/Usd up, down, up, down like a see saw. For those of you that remember that wonderful playground toy. You are always moving but you never get anywhere. I have good news though there is a trade setup in all of this.

That is how the Eur/Usd has been trading since the beginning of the month of November. Today the price moved lower in the European session and then began to move back up in the New York trading session. The strong resistance level is 1.5000 and the strong support level is 1.4800. These two levels have been tested several times each.

In the near term there isa wedge forming on the one hour...
Continue reading...
Special Guest Trader
Posted in Uncategorized
Views 76 Comments 0 Casey Stubbs is offline
Old

Cad/usd 30min chart on Nov 19, 2009

Posted 11-19-2009 at 02:39 PM by AbleSys
http://www.ablesys.com/fxcm
Attached Images
 
AbleSys's Avatar
Special Guest Trader
Posted in Uncategorized
Views 42 Comments 0 AbleSys is offline
Page 4 of 809 123 4 56781454104504 Last »


Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All times are GMT -5. The time now is 09:04 PM.
Copyright ©2009 Daily FX. All Rights Reserved.