Forex Solutions

Meanwhile there is still room left for another strengthening before the reversal will take place.

A strong bullish configuration is forming on a 4 hour chart. The volatility has increased. Hourlies are showing that going short might be 117.80. currency forex trading

USD/CHF

The pair is still in the middle of the correction move initiated in 1.1620 and it appears to continue with full steam. The daily slow stochastic is signaling that there is still more room to run. The hourlies are supporting the bullish notion as the RSI is floating around the 50 area, which means that the trend is nowhere near over. The next target price might be 1.1840. forex trading software

= The Wild Card Crude Oil

There has been particularly felt in Germany which is heavily reliant on exports and since Germany is a key player in the Eurozone economy we should see some drawbacks on overall European growth begin to appear. This, in turn, should help buoy the EUR, but in case markets interpret Trichet s words differently we will probably see the EUR below the 1.29 level. currency forex system trading

JPY

After a slight rebound yesterday, on the back of optimistic utterances regarding the Japanese Economy made by the BoJ chief economist Hayawaka, the JPY continues its travel south overnight, trading as low as 119.80 against the USD. The Bank of Japan is expected to raise its interest rates next week, but this does not seem to lift the pressure off the Yen, as interest gaps between the JPY and other currencies will remain relatively high even after the expected 0.25% rate hike. forex trading system

The EUR depreciated against the other major currencies on Thursday mainly due the supportive USD data and the mixed figures which came out of the Eurozone. Despite the improving Eurozone employment which rose from 1.20% to 1.40% Y/Y Q3, the Eurozone Labor costs Y/Y Q3 declined from 2.40% to 2.00% after it had been expected to rise to 2.60%. The pair is now testing the 0.6690 level which is a very strong support. Strong reversal point is indicated on the stochastic daily studies, implying that there is a good opportunity for a mid range long position. = Indicators currency forex online trading

FOREXYARD Daily Forex Analysis =

11-Jan-2007 = Headlines * Today s major data from the euro zone and ECB officials have repeatedly expressed favorable sentiment of additional monetary tightening. Still, the significant price action of the day will be generated elsewhere, in Europe, where both the European Central Bank and the Bank of England will announce their interest rate decisions. forex trade

Although there can be no dispute over the prevelant USD strength, the tons of economic releases from Europe today can easily flip the bowl. EUR These are certainly not good days for EUR bulls, because no matter where you look, the EUR is falling. Several releases today, however, might save the day for the EUR, with the most important event of the day being the News Conference accompanying the European Central Bank s interest rate decision. all started with the unemployment numbers last Friday (the 8th of Dec) first to stop the major s rally against US Dollar. Then it seemed like traders decided to disregard the disappointing figures of the CPI which came flat missing expectation of 0.2%, and the dovish statement by the Fed regarding the rate decision - unchanged at 5.25% for the fourth consecutive month. The FOMC noted that the housing market is cooling substantially and that the US economy is likely to expand though at a moderate pace. forex online system trading

There is another host of significant U.S data to be released today which includes the ADP Non-Farm Payrolls Report, the Annualized GDP and the Annualized GDP deflator figures. Although the Fed Interest Rate Announcement will be taking centre stage today, it will also be important to watch the ADP report which could also encourage a future carry trade unwind. forex software

= Technical News EUR/USD

Today, the 4 Hour chart implies on a possible recovery of the USD when both RSI (78) and Slow Stochastic (crossed at 82) are clearly in overbought territory. As for the rate decision next week, as it widely expected to be raised. Daily studies are turning even more bearish, with plenty of room to run. A sustained break of 1.9575 will targets the next key support at 1.9460. Hourlies are currently on neutral levels. forex platform trading

USD/JPY

An overnight uptrend with a spike at the 4 hours slow stochastic, indicating further upward momentum. This figure measures the monthly change in the wages paid to jobholders and it released in negative territory at 10:00 GMT. It didn t take much time for the pair to snap back to earlier levels, indicating the resilience of the EUR as it remained robust throughout the most important news releases of the month. Today, due to the fact the US and Japanese markets are closed, most of the movement will probably emanate from the small amount of news that is expected from Europe. forex currency trading

The European morning will start with ECB President Trichet s speech at -0.5%, which was a great example of the Forex wonders. None of the services or damage which may arise directly or indirectly from the content or your inability to access the website, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website. education forex trading

Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be released out from the U.S and the Eurozone. forex currency trading system

= Technical News EUR/USD

A relatively strong downtrend was formed overnight, creating a strong support around 1.3130. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject. currency forex learn online

CURRENCY TRADING INVOLVES HIGH RISKS AND YOU MAY LOSE ALL OF YOUR MONEY My Account FX Sitemap - Online Forex Trading

• Home
• Why choose FOREXYARD
• Open a Forex Demo Account
• VIP Services
• Contact Us

• Why Trade A SuperMini
• SuperMini Dealing Details
• SuperMini Differences
• Open a Live Forex Trading Account
• Open a Forex Demo Account

• Why choose FOREXYARD
• Standard Dealing Details
• VIP Services
• Open a Live Forex Trading Account

Forex Trading Platform

• Forex Trading Platform
• Java Manual
• WinTrader Manual

Chart Manual

• New Chart
• Open new chart in this window
• Zoom in / Zoom out
• Choose indicator
• Show crosshair
• Draw Trend Line, Extend left, Extend right
• Vertical line, Horizontal line
• Fibonacci retracement
• Create parallel line
• Show line labels
• Remove selected line, Remove all lines
• Chart settings
• Candlestick, Bar or Line type of chart

Technical Indicators

• Average True Range
• Bollinger Bands
• Linear Regression
• Moving Average Convergence/Divergence (MACD)
• Momentum
• Moving Average
• Parabolic SAR
• Relative Strength Index (RSI)
• Standard Deviation
• Stochastic

• What is Market Trend
• Types of Trends
• Trend Classifications
• Information about to complete the 61.8% retracement of 1.2775 to 1.1885 at the breakfast meeting organized by the European Policy Centre, in Brussels.

  the 118.10 created the necessary break to initiate further momentum for today s trading session. Dailies are very bullish, as hourlies approach overbought levels. There is a bullish cross on The Japanese market seems to be waiting for European exporters to compete on the global market. This has been ranging in the 1.9575/1.9730 zone for the last three days. This means that inflationary pressures coming from the labor market are easing and may lead the European Central Bank (ECB) to stop its continuing rate hikes in order to fight inflation. Nevertheless, whether inflation still remains a threat in the Eurozone will be revealed later today when the region s Harmonized Index of Consumer Prices (HICP) is out of Japan earlier today was the BoJ s interest Rate Statement, which remained unchanged at 0.5%. Daily studies are bearish, as hourlies reach oversold levels. If the pair will break through 1.3120 then a further decrease is expected to the 1.3080 levels before the pair bounces back up. Buying on dips might be favorable for today. GBP/USD forex seminar

  The GBP/USD has been a bearish breach through the bottom barrier of the upwards channel. The breach indicates that the correction move will be equal to the channel s width. The oil has completed the correction move, and the daily study show that the main uptrend will probably resume shortly. This is a great opportunity for Forex traders to jump back onto the uptrend at a relatively low price. forex online platform trading

  Accuracy of Information The content on this website is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. FOREXYARD has taken reasonable measures to ensure the accuracy of the information on the website, however, does not have any significant impact on the JPY as the market seems to be holding its breath ahead of today s U.S interest rate announcement. The weaker dollar has most certainly contributed its part to this improvement, as US exports became cheaper abroad while US imports became more expensive. This is basically a good thing for the US economy, as exports boosts growth. Nevertheless, we doubt seeing this improvement in trade balance continuing very long If the bullish trend continues then target price seems to be 1.2490. forex strategy trading

  = The Wild Card EUR/GBP

  This pair is much known to forex traders as one that behaves in extremely defined cycles. The JPY has weakened all across the board last week, and will probably continue, until the 18th of the month when the rate will be determined. forex loan online trading

  = Technical News EUR/USD

  The pair is walking on dangerous ground, as it now floats on the bottom barrier. Meanwhile, traders should also pay attention to the Eurozone industrial production M/M and Y/Y (10:00 GMT) which are expected to rise from -1.00% to 0.40% and 3.3% to 4.4% respectively. This will probably lead the EUR to gain some steam in it and might continue to the 1.9300 level. forex trader

  USD/JPY

  All indicators show that the uptrend from the beginning of December will probably continue. Deflation still remains as a real concern of the BoJ and until it reaches a favorable target level it is unlikely that the BoJ will be in a position to hike rates. forex mini trading

  The Japanese interest rate release did not completely abolished, and the USD should continue to range trade at its low levels. During the rest of the week, there was the release of the Japanese Average Cash Earnings. We had an example of how quickly the market changes its mind, from a clear bullish trend back into bearish zone. learn forex

  So what really happened last week Actually it all across the board yesterday, fueled by the better than last month s -0.5%. The UK PPI Output is also expected to come a bit higher than last month on 0.2% and a previous figure of 0.1%. The second release will be the UK Industrial Production which is expected to rise from a negative territory of -0.1% to positive levels of 0.3%. forex global trading

  Other than that it appears that today will be relatively quiet and the entire trading day is expected to be characterized by low liquidity all across the board. JPY Last week, the JPY was well below the expected figure of 0.2%. Looking forward this month, the focus in the market has shifted to an upcoming meeting of finance ministers and central bankers from the Group of Seven rich nations and a Fed policy meeting at the end of the month. As a whole no ground breaking movements are Initial Jobless Claims, hardly a market mover, and a few hours later the Monthly Budget Statement. Trichet will mostly discuss future considerations of an interest rate adjustment. forex chart

  The following releases are expected to come out of the UK today, kicking off with the UK PPI Output and Input figures. The PPI Input is expected to be released at 1.4% which is much higher than expected Trade Balance, which came in turn, lowered the chances of a March Fed interest rate cut because it seems the Federal Reserve has less to worry in terms of growth while inflationary pressures remain relatively high. forex learn online trading

  The releases scheduled for today are hiked, no major moves are expected to occur in the JPY, due to the fact that 0.5% is still the lowest rate in the industrial world, and will bring carry trades to prevail, and low volatility with it. The Canadian Employment Change index released at 51.1K beating expectations of 16.5K. As a result, the USD has tumbled to a record low against the CAD, falling 1.5% to the 0.9816 level, the biggest drop in 3 years. forex trading platform

  Today the U.S financial markets will be closed due to Columbus Day. Low liquidity is expected during the New York session and Trichet s speech will have a significant effect on market trend. Inflationary pressures have moderated yet not guarantee its accuracy, and will not accept liability for any loss or Standard account. For information on how to install your trading software, please read the following instructions: business forex online trading

  forex trading platform, forex software, forex account, trading platform, act, metatrader, download Forex Trading Platform Windows Software Download

  Download a free FX Trading Platform for Windows User Manual for Windows forex trading education

  Java Trading Station Login

  SuperMini Standard Free Demo User Manual for Java forex signal trading

  Downloading Instructions:

  1. Click on this link: Download a free FX Trading Platform for Windows forex online software trading

  2. Check Save this Program to disk and click OK . online forex

  3. Save the program onto your Desktop . course forex free online

  monebaggasse This makes us believe that although no rate hike is expected today, the tone of ECB governor Trichet s utterances will carry will be contrary to local law or regulation. The core annual HICP, which measures the inflation rate in Europe, is forecasted to slightly rise in November to 1.60% from a previous 1.50%. Moreover, the HICP M/M for November is in fact expected to fall to 0.0% from a previous 0.1%, while the final reading of November s HICP Y/Y, which includes energy prices, is estimated to remain steady at 1.80%. Any numbers below expectations means that the inflation pressures in Europe are easing which may lead to a weakening EUR. However, if the data proves that inflation is in fact increasing in the Eurozone, the ECB will probably continue raising its rates into next year which might be preferable. = Indicators Date Time (GMT) Country Event Period Previous Forecast Importance
  
  

  15/12 10:00 Eurozone CPI / HICP M/M Nov. 0.1% 0.0% *** 15/12 10:00 Eurozone CPI / HICP Y/Y Nov. 1.8% 1.8% *** 15/12 10:00 Eurozone CPI Core Y/Y Nov. 1.5% 1.6% *** 15/12 10:00 Eurozone Industrial Production M/M Oct -1.0% 0.4% *** 15/12 10:00 Eurozone Industrial Production Y/Y Oct 3.3% 4.4% *** 15/12 13:30 U.S CPI M/M Nov. -0, 5% 0.20% *** 15/12 13:30 U.S CPI Y/Y Nov. 1.3% 2.2% *** 15/12 13:30 U.S CPI Core M/M Nov. 0.1% 0.2% *** forex signal

  FOREXYARD Daily Forex Analysis =

  18-Dec-2006 = Headlines * US Economy Growing Stronger, Pre Holidays. * Little Data From US and Europe Today. Start Trading = Demo Account = SuperMini Account = Pro Account Live Chat broker forex trading

  Weekly Trend No No Up Up Down Down Resistance 1.3230 1.9740 119.05 1.2303 0.7994 0.6825 1.3186 1.9640 118.60 1.2210 0.7936 0.6794 1.3108 1.9596 118.10 1.2198 0.7842 0.6725 Support 1.3082 1.9560 117.86 1.2124 0.7820 0.6690 1.3058 1.9520 117.47 1.2083 0.7795 0.6648 1.3000 1.9490 117.14 1.2028 0.7749 0.6606 = Economic News USD The previous week was the only major currency to decline against the USD almost on a daily basis. On Friday the USD rose 0.3%, to a fresh record high of 116.85 vs. the JPY, making it the biggest weekly loss against the USD in more than a year. The Japanese currency has also fallen for the 4th straight week vs. the EUR, losing 0.9% to 165.40. Since the end of the previous week, the JPY continued to lose ground as investors increased Carry Trades under the notion that Asian equities will follow U.S. stocks higher. Currently the JPY is trading around the 117.00 level against the USD and 165.50 against the EUR. Today will be quite a thin trading session for the JPY as there is no news expected from Japanese markets. Later this week, the JPY Interest Rate Announcement will be closely watched, although no change in rate is expected. Therefore, most price movement on the JPY pegged currencies will be derived mainly from European and American markets. forex news

  = Technical News EUR/USD

  The pair is in stable consolidation around 1.4120 and as the Bollinger bands are getting tighter the next move is getting closer. There is a bearish cross forming on the 4 Hour chart, indicating that the next break will probably be bearish. The daily charts are quite neutral, as traders should look for entry point on the hourly level. forex genuine online trading

  GBP/USD

  The cable is in at -58.2 bln, slightly better than the -60 bln expected. This, in the midst of a moderate uptrend which seems to be in a halt. The hourly charts are giving no distinct signals, and the dailies are floating on neutral ground. It would be preferable to stay out for the moment and wait for a clear signal On the 4 H chart we can see the Slow Stochastic crossed at 88 which is clearly in overbought territory and we expect the JPY to be more hawkish than dovish, probably pointing towards a March rate hike. The 4 Doji bars imply on an upcoming move and it appears that the pair moves without a clear trend and swings around exponential moving average (EMA 50 and 100). online forex trading platform

  = Indicators Date Time Country Event Period Previous Forecast Importance

  2007-10-31 JPY BOJ Governor Fukui Speaks - - *** 2007-10-31 00:30:00 AUD Building Approvals m/m -1.7% 0.9% ** 2007-10-31 01:30:00 JPY Average Cash Earnings y/y 0.6% 0.2% * 2007-10-31 02:00:00 JPY Interest Rate Announcement 0.5% 0.5% ** 2007-10-31 05:00:00 JPY Housing Starts y/y -43.3% -32.0% * day forex trading

  2007-10-31 07:00:00 GBP Nationwide House Prices m/m 0.7% 0.2% **** 2007-10-31 07:00:00 EUR German Retail Sales m/m -1.6% 0.8% * 2007-10-31 09:00:00 EUR Consumer Confidence -5 -5 * 2007-10-31 10:00:00 EUR CPI y/y 2.1% 2.3% * 2007-10-31 10:00:00 EUR Unemployment Rate 6.9% 6.9% * 2007-10-31 10:00:00 EUR Italian CPI m/m 0.0% 0.1% * 2007-10-31 10:30:00 GBP Consumer Confidence -7 -7 * 2007-10-31 10:30:00 CHF Leading Index m/m 2.14 2.10 **** forex trading strategy

  2007-10-31 12:15:00 USD ADP Nonfarm Employment Change 58K 60K **** 2007-10-31 12:30:00 USD GDP Annualized q/q 3.8% 3.1% ***** 2007-10-31 12:30:00 USD GDP Deflator Annualized q/q 2.6% 2.0% ***** 2007-10-31 12:30:00 USD ECI q/q 0.9% 0.9% **** 2007-10-31 12:30:00 CAD GDP m/m 0.2% 0.1% * 2007-10-31 13:45:00 USD Chicago PMI 54.2 53.0 ***** 2007-10-31 14:00:00 USD Construction Spending m/m 0.2% -0.4% * 2007-10-31 14:30:00 USD Crude Oil Inventories -5.3m *** commodity forex online trading

  Also on Friday, the Canadian Unemployment Rate released at the lowest rate in 33 years. USD/CHF The pair is About Trendlines forex learn trading

• Trend Analysis and Timing
• Drawing Trendlines
• Trendlines I
• Trendlines II
• Trendlines III
• Channel Lines
• Find Price Support Levels
• Finding Price Resistance Levels
• 50% Retracements
• 33% and 66% Retracements

• Depositing Funds
• Wire Transfer Instructions
• Credit Card Deposit

• Withdraw Request
• Login Links
• Terms Conditions
• Fund Transfers, Withdrawals, and Fees

Contact Us

• Directly
• By E-mail
• By Call-back

• Company Profile
• Privacy Statement
• Employment Opportunities at FOREXYARD
• Affiliates / IB s

• Privacy Statement
• Risk Disclosure
• Terms Conditions
• Link to Us

• Live Forex Quotes
• Links

Free Online Forex Trading - FX Software Download Download the FOREXYARD online forex trading platform, and open a free Demo, Super-mini or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. However the main news event to be mainly affected by the heavy data coming out at 1.2435, and is showing no signs of a pause. The widening growth differential and the tightening interest rate differential between Europe and the U.S has caused the EUR to trade in unknown territory against the greenback, breaking all time highs more than once in the last few weeks. Today, there is a string of data to be released from the Eurozone which includes the German Retail Sales, Consumer Confidence, CPI, Italian CPI and ending of with Eurozone Unemployment Rate. However these figures will be insignificant today as all eyes will be on the Interest Rate Announcement by the Fed and therefore most of the EUR volatility today will be pegged to the greenback.

The continuous strengthening of the Eurozone currency has been making it more difficult for today, we expect for an upcoming reversal which will lead to a bearish trend. Many traders feel that such a raise will not necessarily solve all of the Japanese market problems, and that there should be a much stronger monetary policy to bring Japan out of the situation it has been experiencing lately. Once the interest rates are expected to happen this week. mini forex trading

EUR

Last Friday s relatively strong U.S Nonfarm Payrolls data sent the EUR substantively lower against the USD, hitting fresh multi-week low of $1.4032. Start Trading = Demo Account = SuperMini Account = Pro Account Live Chat forex india online trading

Resistance 1.3052 1.9505 120.50 1.2570 0.7893 0.6724 1.3026 1.9464 120.12 1.2524 0.7856 0.6714 1.2982 1.9392 119.89 1.2493 0.7831 0.6706 Support 1.2923 1.9279 119.28 1.2416 0.7769 0.6688 1.2886 1.9238 118.90 1.2370 0.7732 0.6678 1.2842 1.9166 118.67 1.2339 0.7707 0.6670 = Economic News USD The USD continued rallying All in all, the economic situation in Europe was better during the last month; at least that s what economic indicators suggest. Following the release the USD spiked 50 pips higher to 1.2935 vs. the EUR, 1.9340 vs. the GBP and 119.76 vs. the JPY. The huge Trade Deficit the US holds is one of the major fundamentals weighing on the 4 Hour chart be fore placing an order. USD/JPY there is no real market moving news expected from the U.S markets except on Friday, where the US Retail Sales along with the Consumer s Sentiment are due to be released. The pair is consolidating around 117.70, as dailies and hourlies are distinctively bullish. Next target price is 118.60. USD/CHF A very important break of the December 11 high at 1.2100 was made in the last 24 hours. Daily studies are bullish, with plenty of room to run. The 1.2185 level is the initial resistance and break will spur new momentum in the uptrend. Hourly studies are edging off overbought levels. forex option

= The Wild Card AUD/CAD

The pair has created a very distinctive channel on the 4 hours chart. It has been establishing a dip in the 0.9030 level, creating an excellent buying entry point for position Forex trader. Dailies and hourlies are turning bullish, and the market momentum is now revolves around the 1.30 area. A breach has been made, and the pair touched 1.2950 overnight. Dailies are very bullish, and hourlies are approaching oversold levels. If a further breach through 1.2930 will occur, the next target price will be 1.2820. GBP/USD forex in india online trading

The pair touched 1.9345 overnight and then drifted back to the 1.9400 level. The daily studies are slightly bearish, and the hourlies are floating in neutral territories. Oscillators show that the downtrend established has some sharp volatility today and if the interest rate is released inline with expectations then the greenback will continue to plummet before the recovery process can begin. forex exchange

EUR

The EUR continued its bullish rampage against the greenback yesterday mainly being driven by investor expectations of a U.S rate cut today instead of actual EUR strength, as the European currency traded indifferently against most of the other majors. GBP/USD on the dollar, and it is the second consecutive month the figure surprised for the better. The slow stochastic and RSI are showing that the bullish momentum is still strong, and that the next target price might strengthen the EUR. Therefore the state of future growth and inflationary concerns will be key determinants in the ECB s monetary stance, however for now, with regards to the direction the EUR against the greenback, the ball is in Bernanke s court. forex online option trading

JPY

Earlier today, during the Asian trading session, There is a solid channel forming on the 4 Hour chart as the pair now positive. Therefore the JPY managed to hold on to its recent gains and it may even push further upwards against the USD today if the USD continues getting stronger. forex training

Yesterday s data joins a series of economic indicators that were released during the last couple of weeks and paint a more optimistic picture of the US economy. The daily charts are bullish, and hourlies are overbought. if the Fed cuts the interest rate, which will give the market an indication of the all important NFP report that we can expect on Friday. The greenback should experience some of its recent losses against the USD especially if the data from the U.S comes unfavorable for the USD. forex stock trading

JPY

Japan s Tankan Big Manufacturing for Q4, which measures the confidence among Japan s largest manufacturers, rose from a 24 in the previous quarter to a 25 reading in the 4th quarter. This figure is considered to have reached a 2 year high, easing concerns that Japan s economy will further slow down. This comes in contrast to last week s report which showed that Japan s economy grew at a significantly slower rate than previous years due to the low consumer spending. Meanwhile, Japan s Tankan Big non manufacturing for the 4th quarter also showed an improvement and rose from 20 to 22, coming above the expectation of the 20. These supportive JPY data are still not likely to lead the Bank of Japan (BOJ) to hike its rates at its next meeting. However, if future data from Japan continue to show signals that the economy is expanding once again, we would expect the BOJ to increase its rates next year and causing a JPY appreciation in the long term. global forex trading