Forex Fundamental Analysis - 26 October 2007

Fundamental Analysis

Friday, October 26th, 2007 (--:-- -.-. New York Time) DAY OFF ;-)
Tomorrow there is absolutely nothing that is worthy watching and possibly trading. It is one of a very few Fridays that we can take off.

Sunday, October 28th, 2007 (5:45 p.m. New York Time) NEW ZEALAND
On Sunday at 5:45 p.m. New York time we will have New Zealand Trade Balance coming out. It is expected to come out at -725 M. If it comes out at -1B or more negative, I think NZD/USD may possibly go down by around 30 pips or more in the first hour of the report. On the other hand, if it comes out at -500 M or less negative, I think NZD/USD may possibly go up by 30 pips or more in the first hour of the report. I discourage you to trade the spike here; rather wait for the retracement, and try to enter within 5 pips of the pre-release price, and maybe try 10 pips stop-loss and 30 pips take-profit. Most likely it is going to spike, then retrace providing a very good opportunities to enter at a good price.

Monday, October 29th, 2007 (--:-- -.-. New York Time) DAY OFF ;-)
Then we have nothing going on on Monday so you can take this day off as well.

Tuesday, October 30th, 2007 (10:00 a.m. New York Time) USA
On Tuesday at 10 a.m. New York time we will have U.S. Consumer Confidence coming out. It came out 99.8 last month, and it is expected to come out at 100.0 this month. If it comes out at 105.0 or more positive, I think GBP/USD may possibly go down by 40 pips or more in the first hour of the report. On the other hand, if it comes out at 95.0 or lower, I think GBP/USD may possibly go up by 40 pips or more in the first hour of the report.

SUMMARY:
* Report: US Consumer Confidence
* Sell on GBP/USD if the number will be 105.0 or better
* Buy on GBP/USD if the number will be 95.0 or worse
* If the trigger is hit, expect 40 pips or more in the first hour of the report.

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Forex Fundamental Analysis - 26 October 2007

Fundamental Analysis

Friday, October 26th, 2007 (--:-- -.-. New York Time) DAY OFF ;-)
Tomorrow there is absolutely nothing that is worthy watching and possibly trading. It is one of a very few Fridays that we can take off.

Sunday, October 28th, 2007 (5:45 p.m. New York Time) NEW ZEALAND
On Sunday at 5:45 p.m. New York time we will have New Zealand Trade Balance coming out. It is expected to come out at -725 M. If it comes out at -1B or more negative, I think NZD/USD may possibly go down by around 30 pips or more in the first hour of the report. On the other hand, if it comes out at -500 M or less negative, I think NZD/USD may possibly go up by 30 pips or more in the first hour of the report. I discourage you to trade the spike here; rather wait for the retracement, and try to enter within 5 pips of the pre-release price, and maybe try 10 pips stop-loss and 30 pips take-profit. Most likely it is going to spike, then retrace providing a very good opportunities to enter at a good price.

Monday, October 29th, 2007 (--:-- -.-. New York Time) DAY OFF ;-)
Then we have nothing going on on Monday so you can take this day off as well.

Tuesday, October 30th, 2007 (10:00 a.m. New York Time) USA
On Tuesday at 10 a.m. New York time we will have U.S. Consumer Confidence coming out. It came out 99.8 last month, and it is expected to come out at 100.0 this month. If it comes out at 105.0 or more positive, I think GBP/USD may possibly go down by 40 pips or more in the first hour of the report. On the other hand, if it comes out at 95.0 or lower, I think GBP/USD may possibly go up by 40 pips or more in the first hour of the report.

SUMMARY:
* Report: US Consumer Confidence
* Sell on GBP/USD if the number will be 105.0 or better
* Buy on GBP/USD if the number will be 95.0 or worse
* If the trigger is hit, expect 40 pips or more in the first hour of the report.

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Winning Solution Signal - 26 October 2007

Forex Signals

WINNING SOLUTION SIGNAL

By: Winning Solution System V.9.4.3 Vinal Version

(Time Frame 30M)
Use 5-10% margin only! no more!
Valid Time 00.00 - 17.00 London Time


GBP/USD


Buy Stop : @2.0526 | TP @2.0574 | SL @2.0496
Sell Stop : @2.0486 | TP @2.0443 | SL @2.0516



GBP/JPY


Buy Limit : @234.30 | TP @235.47 | SL @234.00

Sell Stop : @233.90 | TP @232.78 | SL @234.20



EUR/JPY


Buy Limit : @163.52 | TP @164.38 | SL @163.22
Sell Stop : @163.12 | TP @162.39 | SL @163.42

Happy Trading ^_^

Disclaimer:
Trade the signals at your own risk.

Interested to Join Winning Solution System?
Click on the image below to get more information :

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Winning Solution Signal - 26 October 2007

Forex Signals

WINNING SOLUTION SIGNAL

By: Winning Solution System V.9.4.3 Vinal Version

(Time Frame 30M)
Use 5-10% margin only! no more!
Valid Time 00.00 - 17.00 London Time


GBP/USD


Buy Stop : @2.0526 | TP @2.0574 | SL @2.0496
Sell Stop : @2.0486 | TP @2.0443 | SL @2.0516



GBP/JPY


Buy Limit : @234.30 | TP @235.47 | SL @234.00

Sell Stop : @233.90 | TP @232.78 | SL @234.20



EUR/JPY


Buy Limit : @163.52 | TP @164.38 | SL @163.22
Sell Stop : @163.12 | TP @162.39 | SL @163.42

Happy Trading ^_^

Disclaimer:
Trade the signals at your own risk.

Interested to Join Winning Solution System?
Click on the image below to get more information :

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Forex Signal - 26 October 07

Daily Market Comment

EUR-USD	Currently uptrend should end around 1.4348 - 1.4363 area. A correction down to below 1.4266 is expected. A rise above 1.4403 will abort the expected correction.
USD-CHF	It should see a sell off to below 1.1617 while 1.1676 area curtails its upside. A break beyond 1.1717 will abort the downside.
USD-JPY	Market should hold major support at 113.71 before rising towards 114.58 or even 114.97 limit.
EUR-CHF	It is likely to attempt nearer support at 1.6676 for extending further to below 1.6651 while below 1.6701 - 1.6715 area. Rise above 1.6727 would dampen this bearish expectation.
EUR-JPY	It looks set for gains to above 164.2. Supports at 162.99 and 163.33. A break of 162.65 will damage this bullish structure.
EUR-GBP	Current rise seems to be over near 0.6985 or 0.6995 for a retracement towards 0.6975 - 0.6969 area.
AUD-USD	Currently uptrend should end around 0.912 - 0.9117 area. A correction down to below 0.9036 is expected. A rise above 0.9144 will abort the expected correction.
USD-CAD	It should trade higher to above 0.9707 while 0.9661 offer support. Minor support at 0.9642. Stop Loss below 0.9576 zone.

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Forex Signal - 26 October 07

Daily Market Comment

EUR-USD	Currently uptrend should end around 1.4348 - 1.4363 area. A correction down to below 1.4266 is expected. A rise above 1.4403 will abort the expected correction.
USD-CHF	It should see a sell off to below 1.1617 while 1.1676 area curtails its upside. A break beyond 1.1717 will abort the downside.
USD-JPY	Market should hold major support at 113.71 before rising towards 114.58 or even 114.97 limit.
EUR-CHF	It is likely to attempt nearer support at 1.6676 for extending further to below 1.6651 while below 1.6701 - 1.6715 area. Rise above 1.6727 would dampen this bearish expectation.
EUR-JPY	It looks set for gains to above 164.2. Supports at 162.99 and 163.33. A break of 162.65 will damage this bullish structure.
EUR-GBP	Current rise seems to be over near 0.6985 or 0.6995 for a retracement towards 0.6975 - 0.6969 area.
AUD-USD	Currently uptrend should end around 0.912 - 0.9117 area. A correction down to below 0.9036 is expected. A rise above 0.9144 will abort the expected correction.
USD-CAD	It should trade higher to above 0.9707 while 0.9661 offer support. Minor support at 0.9642. Stop Loss below 0.9576 zone.

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Forex Calendar - 26 October 2007

Forex Calendar
(GMT -5) Eastern Time (US & Canada)

Fri Oct 26	2:00am	EUR		German Consumer Confidence			6.6	6.8
	3:15am	CHF		PPI m/m			0.3%	0.3%
	4:00am	EUR		M3 Money Supply y/y			11.5%	11.6%
	8:30am	CAD		Business Conditions Orders			1.0	6.0
	10:00am	USD		Consumer Sentiment (r)			82.0	82.0
	4:15pm	USD		Fed Governor Mishkin Speaks

From: ForexFactory

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Forex Calendar - 26 October 2007

Forex Calendar
(GMT -5) Eastern Time (US & Canada)

Fri Oct 26	2:00am	EUR		German Consumer Confidence			6.6	6.8
	3:15am	CHF		PPI m/m			0.3%	0.3%
	4:00am	EUR		M3 Money Supply y/y			11.5%	11.6%
	8:30am	CAD		Business Conditions Orders			1.0	6.0
	10:00am	USD		Consumer Sentiment (r)			82.0	82.0
	4:15pm	USD		Fed Governor Mishkin Speaks

From: ForexFactory

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Forex Fundamental Analysis - 25 October 2007

Fundamental Analysis

Thursday, October 25th, 2007 (4:00 a.m. New York Time) GERMANY, EURO ZONE
On Thursday at 4:00 a.m. New York time we will have German IFO Business Climate and Expectation Index coming out. Frankly speaking, I don't like these indicators at this point of the economy. IFO and ZEW used to move Euro but it has not been happening lately. I would skip this one, and just watch a price action.

Thursday, October 25th, 2007 (8:30 a.m. New York Time) USA
Then at 8:30 New York time we will have U.S. Durable Goods coming out. I would be focusing on the Core Durable Goods. This particular indicator is not worth trading unless you really know a character of it and you are willing to play a retracement. Regardless of how big the deviation is, a spike and afterspike price price action may very much depend on the price action right before the report. It is possible to trade it but in order to make a proper decision you really have to analyze what is going on 30 minutes before the report. Since this signal is sent many hours in advance, I really cannot give you a good strategy for this indicator. As always, if you don't know what you are doing, I suggest you to skip that one.

Thursday, October 25th, 2007 (10:00 a.m. New York Time) USA
Then at 10 a.m. New York time we will have New Home Sales coming out. It is expected to come out at 775 K. I think if this report comes out at 600 K or below, we may see GBP/USD going up by 40 pips or more in the first hour of the report. On the other hand, if it comes out at 900 K or above, I think GBP/USD may possibly go down by 40 pips or more in the first hour of the report. Lower deviations may cause some price actions as well but it will heavily depend on the price action right before the report.

SUMMARY:
* Report: US New Home Sales
* Buy on GBP/USD if the number will be 600 K or below
* Sell on GBP/USD if the number will be 900 K or above
* If the trigger is hit, expect 40 pips or more in the first hour of the report.

Thursday, October 25th, 2007 (7:30 p.m. New York Time) JAPAN
Then at 7:30 p.m. New York time we will have Japan CPI. I would be focusing on the Core Tokyo CPI (excludes food) which is expected to come out at approximately 0%. If it comes out at 0.2% or higher, I think USD/JPY may possibly go down by 50 pips or more in the first hour of the report. On the other hand, a reading of -0.2% or more negative, I think USD/JPY may possibly gain 50 pips or more in the first hour of the report. This is assuming there are no big conflicts with other CPI numbers and no big revisions but generally speaking with such great deviation there is going to be not that many conflicts so I think these are relatively OK triggers. Nevertheless, conflicts always may complicate this trade.

SUMMARY:
* Report: Japan Core Tokyo CPI (excludes food)
* Sell on USD/JPY if the number will be 0.2% or more positive
* Buy on USD/JPY if the number will be -0.2% or more negative
* If the trigger is hit, expect 50 pips or more in the first hour of the report.

Thursday, October 25th, 2007 (7:50 p.m. New York Time) JAPAN
Then at 7:50 p.m. we will have Industrial Production coming out Japan. I am not going to give any triggers for this one because I suggest you to stay out of this indicator. This is an extremely unpredictable report. Sometimes it can really move the market; other times it may not. Also this trade would depend on the released CPI numbers

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Forex Fundamental Analysis - 25 October 2007

Fundamental Analysis

Thursday, October 25th, 2007 (4:00 a.m. New York Time) GERMANY, EURO ZONE
On Thursday at 4:00 a.m. New York time we will have German IFO Business Climate and Expectation Index coming out. Frankly speaking, I don't like these indicators at this point of the economy. IFO and ZEW used to move Euro but it has not been happening lately. I would skip this one, and just watch a price action.

Thursday, October 25th, 2007 (8:30 a.m. New York Time) USA
Then at 8:30 New York time we will have U.S. Durable Goods coming out. I would be focusing on the Core Durable Goods. This particular indicator is not worth trading unless you really know a character of it and you are willing to play a retracement. Regardless of how big the deviation is, a spike and afterspike price price action may very much depend on the price action right before the report. It is possible to trade it but in order to make a proper decision you really have to analyze what is going on 30 minutes before the report. Since this signal is sent many hours in advance, I really cannot give you a good strategy for this indicator. As always, if you don't know what you are doing, I suggest you to skip that one.

Thursday, October 25th, 2007 (10:00 a.m. New York Time) USA
Then at 10 a.m. New York time we will have New Home Sales coming out. It is expected to come out at 775 K. I think if this report comes out at 600 K or below, we may see GBP/USD going up by 40 pips or more in the first hour of the report. On the other hand, if it comes out at 900 K or above, I think GBP/USD may possibly go down by 40 pips or more in the first hour of the report. Lower deviations may cause some price actions as well but it will heavily depend on the price action right before the report.

SUMMARY:
* Report: US New Home Sales
* Buy on GBP/USD if the number will be 600 K or below
* Sell on GBP/USD if the number will be 900 K or above
* If the trigger is hit, expect 40 pips or more in the first hour of the report.

Thursday, October 25th, 2007 (7:30 p.m. New York Time) JAPAN
Then at 7:30 p.m. New York time we will have Japan CPI. I would be focusing on the Core Tokyo CPI (excludes food) which is expected to come out at approximately 0%. If it comes out at 0.2% or higher, I think USD/JPY may possibly go down by 50 pips or more in the first hour of the report. On the other hand, a reading of -0.2% or more negative, I think USD/JPY may possibly gain 50 pips or more in the first hour of the report. This is assuming there are no big conflicts with other CPI numbers and no big revisions but generally speaking with such great deviation there is going to be not that many conflicts so I think these are relatively OK triggers. Nevertheless, conflicts always may complicate this trade.

SUMMARY:
* Report: Japan Core Tokyo CPI (excludes food)
* Sell on USD/JPY if the number will be 0.2% or more positive
* Buy on USD/JPY if the number will be -0.2% or more negative
* If the trigger is hit, expect 50 pips or more in the first hour of the report.

Thursday, October 25th, 2007 (7:50 p.m. New York Time) JAPAN
Then at 7:50 p.m. we will have Industrial Production coming out Japan. I am not going to give any triggers for this one because I suggest you to stay out of this indicator. This is an extremely unpredictable report. Sometimes it can really move the market; other times it may not. Also this trade would depend on the released CPI numbers

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Forex Signal - 25 October 07

Daily Market Comment

EUR-USD	It should trade higher to 1.4293 while 1.4241 or 1.4227 offers support. Stop loss below 1.4213 zone.
USD-CHF	Current fall seems to be over near 1.1715 or 1.1695 for a rebound towards 1.1735 - 1.1748 area.
USD-JPY	It is likely to fall towards 113.73 as its corrective rally could falter in 114.61 - 114.34 area. Stop above 114.88 zone.
GBP-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 2.0548 or 2.0571 if support around 2.048 hold. After which a pullback to 2.048 - 2.0462 zone is possible.
EUR-CHF	Difficult to predict the next move. If first down it should hold 1.6696 or 1.6682 to 1.6747. If first up it should face resistance in 1.6729 - 1.6747 zone to 1.6682 zone
EUR-JPY	It should be subject to more sell off towards 161.84 or 160.68. Corrective upward swings should face resistance around 163.41 area. A break of 164.56 is bullish.
EUR-GBP	It should test 0.6982 area after which a sell off down to 0.6944 or extended to 0.6929 area is expected.
AUD-USD	Currently uptrend should end around 0.9095 - 0.9073 area. A correction down to below 0.8961 is expected. A rise above 0.9117 will abort the expected correction.
USD-CAD	It is likely to attempt to below 0.9598 while below 0.9687 - 0.9688 area. Rise above 0.9733 would dampen this bearish expectation.

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Forex Signal - 25 October 07

Daily Market Comment

EUR-USD	It should trade higher to 1.4293 while 1.4241 or 1.4227 offers support. Stop loss below 1.4213 zone.
USD-CHF	Current fall seems to be over near 1.1715 or 1.1695 for a rebound towards 1.1735 - 1.1748 area.
USD-JPY	It is likely to fall towards 113.73 as its corrective rally could falter in 114.61 - 114.34 area. Stop above 114.88 zone.
GBP-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 2.0548 or 2.0571 if support around 2.048 hold. After which a pullback to 2.048 - 2.0462 zone is possible.
EUR-CHF	Difficult to predict the next move. If first down it should hold 1.6696 or 1.6682 to 1.6747. If first up it should face resistance in 1.6729 - 1.6747 zone to 1.6682 zone
EUR-JPY	It should be subject to more sell off towards 161.84 or 160.68. Corrective upward swings should face resistance around 163.41 area. A break of 164.56 is bullish.
EUR-GBP	It should test 0.6982 area after which a sell off down to 0.6944 or extended to 0.6929 area is expected.
AUD-USD	Currently uptrend should end around 0.9095 - 0.9073 area. A correction down to below 0.8961 is expected. A rise above 0.9117 will abort the expected correction.
USD-CAD	It is likely to attempt to below 0.9598 while below 0.9687 - 0.9688 area. Rise above 0.9733 would dampen this bearish expectation.

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Winning Solution Signal - 25 October 2007

Forex Signals

WINNING SOLUTION SIGNAL

By: Winning Solution System V.9.4.3 Vinal Version

(Time Frame 30M)
Use 5-10% margin only! no more!
Valid Time 00.00 - 17.00 London Time


GBP/USD


Buy Stop : @2.0500 | TP @2.0544 | SL @2.0470
Sell Stop : @2.0460 | TP @2.0428 | SL @2.0490



GBP/JPY


Buy Stop : @234.44 | TP @236.08 | SL @234.14

Sell Limit : @234.04 | TP @232.36 | SL @234.34



EUR/JPY


Buy Stop : @163.06 | TP @164.33 | SL @162.76
Sell Stop : @162.66 | TP @161.49 | SL @162.96

Happy Trading ^_^

Disclaimer:
Trade the signals at your own risk.

Interested to Join Winning Solution System?
Click on the image below to get more information :

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Winning Solution Signal - 25 October 2007

Forex Signals

WINNING SOLUTION SIGNAL

By: Winning Solution System V.9.4.3 Vinal Version

(Time Frame 30M)
Use 5-10% margin only! no more!
Valid Time 00.00 - 17.00 London Time


GBP/USD


Buy Stop : @2.0500 | TP @2.0544 | SL @2.0470
Sell Stop : @2.0460 | TP @2.0428 | SL @2.0490



GBP/JPY


Buy Stop : @234.44 | TP @236.08 | SL @234.14

Sell Limit : @234.04 | TP @232.36 | SL @234.34



EUR/JPY


Buy Stop : @163.06 | TP @164.33 | SL @162.76
Sell Stop : @162.66 | TP @161.49 | SL @162.96

Happy Trading ^_^

Disclaimer:
Trade the signals at your own risk.

Interested to Join Winning Solution System?
Click on the image below to get more information :

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Forex Calendar - 25 October 2007

Forex Calendar
(GMT -5) Eastern Time (US & Canada)

Thu Oct 25	2:00am	EUR		German Import Price Index m/m			0.4%	-0.7%
	4:00am	EUR		German Ifo Business Climate Index			103.7	104.2
	4:00am	EUR		German Ifo Business Expectations Index			98.2	98.7
	4:30am	GBP		BBA Mortgage Approvals			60.0K	61.1K
	8:30am	USD		Durable Goods Orders m/m			1.6%	-4.9%
	8:30am	USD		Core Durable Goods Orders m/m			0.7%	-1.8%
	8:30am	USD		Unemployment Claims			320K	337K
	9:00am	USD		Fed Consumer Advisory Council Meets
	10:00am	USD		New Home Sales			770K	795K
	7:30pm	JPY		Core CPI y/y			-0.1%	-0.1%
	7:30pm	JPY		Core Tokyo CPI y/y			0.0%	-0.1%
	7:50pm	JPY		Industrial Production m/m (p)			-1.3%	3.4%
	8:00pm	AUD		Leading Index m/m

From: ForexFactory

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Forex Calendar - 25 October 2007

Forex Calendar
(GMT -5) Eastern Time (US & Canada)

Thu Oct 25	2:00am	EUR		German Import Price Index m/m			0.4%	-0.7%
	4:00am	EUR		German Ifo Business Climate Index			103.7	104.2
	4:00am	EUR		German Ifo Business Expectations Index			98.2	98.7
	4:30am	GBP		BBA Mortgage Approvals			60.0K	61.1K
	8:30am	USD		Durable Goods Orders m/m			1.6%	-4.9%
	8:30am	USD		Core Durable Goods Orders m/m			0.7%	-1.8%
	8:30am	USD		Unemployment Claims			320K	337K
	9:00am	USD		Fed Consumer Advisory Council Meets
	10:00am	USD		New Home Sales			770K	795K
	7:30pm	JPY		Core CPI y/y			-0.1%	-0.1%
	7:30pm	JPY		Core Tokyo CPI y/y			0.0%	-0.1%
	7:50pm	JPY		Industrial Production m/m (p)			-1.3%	3.4%
	8:00pm	AUD		Leading Index m/m

From: ForexFactory

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