Finotec News Archive - September 7 2007
Forex Weekly Analysis
Bank Recommendation - Technical Analsis by Major Banks
In Depth Analysis
AUD/USD - AUD/USD
Commodities News
Crude Oil Rises to a Five-Week High After U.S. Inv - Crude oil rose to a five-week high after an Energy Department report showed that U.S. oil and gasoline inventories declined more than expected last week. Crude-oil stockpiles dropped for the eighth time in nine weeks
US gold shoots over $700, ahead of Fri payrolls - Gold was strong along with other metals as one trader pointed out funds renew their start-of-month purchases around the fourth business day.
Forex Pairs Daily Analysis
USD/CHF Daily Technical Reports - Fail to break resistance level 1.2035 will be strong sell signal
EUR/USD Daily Technical Reports - Fail to break support level 1.3635 will be strong buy signal
GBP/USD Daily Technical Reports - Fail to break resistance level 2.0270 will be strong sell signal
USD/JPY Daily Technical Reports - Fail to break resistance level 115.55 will be strong sell signal
Forex Daily Analysis
U.S. nonfarm payrolls report will lead the market - The dollar fell versus the euro after a report showed U.S. mortgage delinquencies reached a record in the second quarter.









