Finotec News Archive - December 17 2007
Company News
Finotec Group, Inc. stock now actively trading on the over the counter bulletin board (“OTCBB”), - Finotec Group, Inc., a business offering its customers Forex Trading online, has developed an internet-based software platform that allows clients to trade in the forex market.
Commodities News
Oil Struggles To Hold Above 90$ a Barrel - Crude oil struggles to hold above the 90$ a barrel level agter the dramatic move of the dollar
Gold Dips On a Stronger Dollar - Gold dipped as low as 785$ an ounce after the drastic move of the dollar vs. the Euro in the last days
Forex Pairs Daily Analysis
USD/CHF - The market strategy is to Buy a break of the resistance level 1.1605 targeting to 1.1670
EUR/USD - The first target is 1.4290 at previous resistance level, Second at 1.4160$
GBP/USD - Break of the support level 2.0150 will be a good selling signal
USD/JPY - The daily trend is bullish
Forex Daily Analysis
The Dollar Recover after higher inflation date from US - The dollar's momentum was triggered at the end of last week when higher than anticipated US retail sales and inflation data









