Finotec News Archive - January 25 2008
In Depth Analysis
EUR/JPY - YEN weakening as Euro moving on purely technical indicators. - Bank of Japan (BOJ) Governor Toshihiko Fukui said today the central bank would keep the current accommodative monetary conditions to help the economy achieve stable growth. "Looking ahead, the economy is likely to expand moderately under stable price
Commodities News
Crude Oil Try to break 90.0$ per barrel - Oil is going to track up as the U.S. dollar weakens and stock markets stabilize
Gold on the Way to New High Record - There's a real opportunity for gold to push past the record on ongoing economic uncertainty and dollar weakness
Forex Pairs Daily Analysis
USD/CHF starts uptrend out from oversold area - The firs target is 1.0980 at previous resistance level.
EUR/USD-daily trend is bullish - strategy is to buy till levels of 1.4850
GBP/USD In a sharp trend upwards - The daily trend is bearish but its started correction upwards
USD/JPY-hourly bullish trend - strategy is to buy on break of resistance level 107.12 targeting to 108.00
Forex Daily Analysis
25-50 points Rate Cut Expected by the Fed - Traders see a 100 percent chance the Fed will cut its target for the overnight lending rate by at least a quarter-point at its Jan. 30 meeting









