Finotec News Archive - January 28 2008

Forex Weekly Analysis

GBP/USD - Pound Falls as Drop in House Prices Spurs Rate-Cut Speculation. - Sterling weakened on Monday after a call by the most "dovish" Bank of England policymaker for lower interest rates added to general downward pressure on high-yielding currencies from renewed global equity market weakness and investor risk aversion.

GBP/USD - Technical Indicators - GBP/USD - Technical Indicators

Forex Pairs Daily Analysis

USD/CHF-The MA’s are after a bearish cross and pointing down - The market strategy is to sell on a break of the support level of 1.0925

EUR/USD-The RSI is pointing down - Market strategy is to buy a bounce of 1.4590

GBP/USD-The RSI failed to break the 30% line and turned upward - The market strategy is to buy a bounce of 1.9730

USD/JPY-The MACD is after a bullish cross - Market strategy is to buy a bounce sell a break of 105.95

Forex Daily Analysis

Dollar Under pressure ahead to busy Economic calendar - The Dollar remains under selling pressure as expectations for bad Economic Data in the coming week

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