Economic Calendar

Thursday, September 25, 2008

Currency Pair Daily Forecasts

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Daily Forex Technicals | Written by Finotec Group | Sep 25 08 09:41 GMT |

EUR/USD Daily Technical Reports

EUR/USD-market strategy can be a buy from the level 1.4638$

Technical oscillators supporting the bullish trend for the currency pair

To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines have made a bearish cross above the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is bullish approaching over bought levels.

USD/JPY Daily Technical Reports

USD/JPY-market strategy can be a sell from the level 106.01

Technical oscillators supporting the bearish trend for the currency pair

To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD approaching a possible bullish cross below the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is stable.

GBP/USD Daily Technical Reports

GBP/USD-market strategy can be a buy from the level 1.8508$

Technical oscillators supporting the bullish trend for the currency pair

To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines have approached a bearish cross above the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bullish approaching over bought levels

USD/CHF Daily Technical Reports

USD/CHF-market strategy can be a sell below the level 1.0899

Technical oscillators supporting the bearish trend for the currency pair

To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines have made a bullish cross below the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bullish direction.

Finotec Group Inc.
http://www.finotec.com/

Disclaimer: FINOTEC Tradings Market Commentaries are provided for informational purposes only. The information contained within these reports is gathered from reputable news sources and not intended as investment advice. FINOTEC Trading assumes no responsibility or liability from gains or losses incurred by the information herein.




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