Fed to cut interest rates to 0.00% in 2009:
Category: Forex Forecasts & Signals
EUR/USD (1.2540)
European & US sessions forecast levels: 1.2390/1.2815
Trend Sessions: European: Neutral/Upward
US: Neutral/Downward
Market Focus: 2:45 AM French Consumer Spending, 3:00 AM French Flash Manufacturing PMI, French Flash Services PMI, 3:30 AM German Flash Services PMI, German Flash Manufacturing PMI, 4:00 AM Italian Retail Sales, Flash Services PMI, Flash Manufacturing PMI, 8:00 AM ECB President Trichet Speaks.
Daily Strategy: The dollar remains strong in spite the...

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Posted by ForexNewsAgency on November 21, 2008 at 02:35 AM
Free GBP/USD Forex Signal for November 20th:
Category: Forex Forecasts & Signals
Free GBP/USD Forex Signal.

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Open GBP/USD short @ 1.4788 SL 1.4815 TP 1.4734.

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Posted by TimeForForex on November 20, 2008 at 11:15 AM
EUR/USD will test the levels below 1.2390 soon:
Category: Forex Forecasts & Signals
EUR/USD (1.2497)
European & US sessions forecast levels: 1.2390/1.2815
Trend Sessions: European: Neutral/Downward
US: Neutral
Market Focus: 8:30 AM Initial Claims, 10:00 AM Leading Indicators, Philadelphia Fed, 2:00 AM German PPI.
Daily Strategy: The poor data for the US housing sector push the dollar to levels above 1.28 but fast recovery during the US session. The traders predict poor data for the Euro Zone. The Fed will probably cut the interest rates to 0.5% based on the latest...

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Posted by ForexNewsAgency on November 20, 2008 at 02:22 AM
US Housing reports at record low are expecting:
Category: Forex Forecasts & Signals
EUR/USD (1.2627)
European & US sessions forecast levels: 1.2390/1.2855
Trend Sessions: European: Neutral/Downward
US: Neutral
Market Focus: 8:30 AM Building Permits, Housing Starts, CPI, Core CPI, 2:00 PM FOMC Minutes.
Daily Strategy: It is expecting very important news for the situation of US economy. The key US housing market probably will show new fall to record low new housing starts cause by the recession. The inflation report is expecting at the same time. The inflation probably...

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Posted by ForexNewsAgency on November 19, 2008 at 02:37 AM
US assets buying hold the dollar gains:
Category: Forex Forecasts & Signals
EUR/USD (1.2590)
European & US sessions forecast levels: 1.2390/1.2855
Trend Sessions: European: Neutral/Downward
US: Neutral
Market Focus: 8:30 AM PPI, Core PPI, 9:00 AM Net Foreign Purchases, 4:00 AM Italian Trade Balance.
Daily Strategy: The dollar remains mix against the major currencies including euro. The recession is in Europe, USA and Japan. The global economy is in recession. In world recession the investors buy more of the safest U.S. assets. The key news today for the...

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Posted by ForexNewsAgency on November 18, 2008 at 02:37 AM
The markets are flat after G20 meeting:
Category: Forex Forecasts & Signals
EUR/USD (1.2568)
European & US sessions forecast levels: 1.2390/1.2855
Trend Sessions: European: Neutral
US: Neutral
Market Focus: 8:30 AM NY Empire State Index, 9:15 AM Capacity Utilization, Industrial Production, 5:00 AM EU Trade Balance.
Daily Strategy: The leaders of G20 the world's biggest developed and emerging nations put banks and investors on notice. The banks will need to hold more capital and reveal more about their holdings, signalling the industry may emerge from the...

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Posted by ForexNewsAgency on November 17, 2008 at 02:25 AM
US Retail Sales is expecting at 7-years low:
Category: Forex Forecasts & Signals
EUR/USD (1.2727)
European & US sessions forecast levels: 1.2390/1.2855
Trend Sessions: European: Downward
US: Neutral/Downward
Market Focus: 8:30 AM Export Prices ex-ag., Import Prices ex-oil, Retail Sales, Retail Sales ex-auto, 10:00 AM Business Inventories, Michigan Sentiment-Prel., 2:00 AM German Final CPI, 2:45 AM French Prelim Non-Farm Payrolls, 2:50 AM French Prelim GDP, 4:00 AM Italian Prelim GDP, 5:00 AM Flash GDP, EU CPI, EU Core CPI.
Daily Strategy: The dollar fall against the...

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Posted by ForexNewsAgency on November 14, 2008 at 02:39 AM
EUR/USD can fall to 1.18 at the end of the year:
Category: Forex Forecasts & Signals
EUR/USD (1.2471)
European & US sessions forecast levels: 1.2360/1.2670
Trend Sessions: European: Neutral
US: Neutral
Market Focus: 8:30 AM Initial Claims, Trade Balance, 2:00 PM Treasury Budget, 2:00 AM German Prelim GDP, 2:45 AM French CPI, 4:00 AM ECB Monthly Bulletin.
Daily Strategy: The starting recession in the Euro Zone so fast make the euro weak against the dollar. It will be necessary new interest rates cut in the Euro Zone for fast exit by the recession. The dollar will...

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Posted by ForexNewsAgency on November 13, 2008 at 02:30 AM
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