06 September 2009

9/7 Forex Weekly Reports (ActionForex.com)

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EMU Economic Indicators Preview
September 6, 2009 at 6:29 am

German industrial new orders could have continued to soar in July, because all correlated indicators improved. For similar reasons, output in the German producing sector is likely to have rebounded in July. Likewise, French and Italian industrial production will probably have increased in July.

GBPUSD: Breaks Downside Losses, Recovers Higher
September 6, 2009 at 6:09 am

The shooting star triggered declines off the 1.7041 level came to a halt the past week putting the pair on a positive higher close at 1.6319. Though still biased to the downside as it is still trading below its broken MT rising trendline, with the mentioned recovery gains, GBP should...

EURUSD: Continues To Hold Above Mt Rising Trendline
September 6, 2009 at 6:07 am

With declines to as low as 1.4176 reversed and a neutral candle printed the past week, EUR continues to maintain above its medium term rising trendlineinitiated at the 1.2456 level. This leaves the pair biased to the upside towards its YTD high sited at the 1.4446 level where a decisive...
 

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Comic for September 6, 2009
September 6, 2009 at 3:00 am


 

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