DAILY FX FORECASTS If you open a real account with our clearing broker FXCM LLC - New York reffered by us you will receive Free Forex Forecasts by FX Dream. For more information, please do not hesitate to contact us at contact@fxdream.com FXDREAM EUR/USD Date: Fri, 29 February 2008 13:10:05 Resistance levels: 1.5240/1.5270/1.5300 Support levels: […]

EURO, JAP YEN and EURO-YEN ————————— Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering at http://www.kshitij.com/fxthoughts/fxthoughts.shtml#register Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below ——————— USD-CHF @ 1.0476/80…..Stays Bearish ————————————– R: 1.0535 / 1.0570 / 1.0614 S: 1.0408 USD-CHF had a sharp fall once again […]

Euro dollar hit a record high over $1.52 as Fed Chairman Bernanke indicated the central bank is still prepared to cut interest rates which are already at a three year low. He also went to say some smaller banks may not recover from the credit crisis and unemployment to increase. “This is the Bernanke shock, […]

News and Events: The Dollar fell to an all-time low versus the Euro for a third straight day on Thursday after Federal Reserve Chairman Ben Bernanke warned some small US banks could fail and flagged further interest rate cuts. Market mood on Dollar also was soured by news the government’s second reading on 4Q US […]

SELL  EURUSD @1.5160, SL @1.5175, TP @1.5150 Signal Time:  February 29, 2008 11:21 GMT STATUS: -ON -

——————————————– www.AceTrader.com USD/JPY Update Time: 29 Feb 2008 10:43 GMT Range Forecast  104.25 / 104.55 Resistance/Support R: 104.91/105.07/105.45 S: 104.16/104.00/103.50 ——————————————– EUR/USD Update Time: 29 Feb 2008 10:34 GMT Range Forecast  1.5210 / 1.5240 Resistance/Support R: 1.5257/1.5300/1.5336 S: 1.5198/1.5166/1.5144 ————————————————- USD/CHF Update Time: 29 Feb 2008 10:33 GMT

——————————————————— INTRA-DAY AUD/USD OUTLOOK :                          0.9430 Updating time : 29 Feb 2008 09:02 GMT Although aussie’s breach of 0.9432 (Asian low) signals a temp. top has indeed formed at 0.9498 y’day n retrace. of recent upmove is underway for marginal weakness, reckon 0.9410/15 wud hold due to nr term loss of momentum

Euro Did bounce about 55 pips on the first test of that overhead resistance at 1.5086 that was outlined in yesterday’s report. On the second test however it couldn’t hold up and broke above this level. Basically bullish momentum intact above 1.4970 break out level now, with minor support around that 1.5086 (prior resistance). Have […]

Good morning from wonderful Hamburg and welcome to Varengold’s Daily FX Report. The rally in the Euro goes on with chasing new record highs on Thursday. After the rally up to 1,52, in the night the EUR started up to 1,5229 and reached its third all time high in the last three days. Markets review […]

Today’s comment Majors & Scandies By the Majors & Scandis Team The USD weakened further overnight as concerns regarding a possible recession in the US increased. The uneasiness was sparked by weak economic data from the US and comments made by Fed chairman Bernanke who warned of possible failures among smaller banks. USD rates dropped […]