Forex Fundamental Analysis - 30 November 2007

Fundamental Analysis

Friday, November 30th, 2007 (1:45 a.m. New York Time) SWITZERLAND
First, we will have Swiss CPI y/y which is expected to come out at 1.5% versus 1.3%. I think if it comes out at 1.3%, same as last quarter, USD/CHF may possibly go up by 30 pips or more in the first hour of the report. On the other hand, if it reads 1.7% or higher, I think USD/CHF may possibly go down by 50 pips or more in the first hour of the report.

SUMMARY:
* Report: Swiss CPI y/y
* Buy on USD/CHF if the number will be 1.3% or lower
* Sell on USD/CHF if the number will be 1.7% or higher

Friday, November 30th, 2007 (8:30 a.m. New York Time) CANADA
Then we will have Canadian GDP coming out at 8:30 a.m. The market is mostly talking about annualizing reading which is expected to come out at 2.2%; however, the m/m reading is also important. In my opinion, I would watch the m/m reading and make sure the annual does not conflict. If the m/m reads at 0.4% or higher, I think USD/CAD may possibly go down by 30 pips or more in the first hour of the report, and EUR/CAD may possibly go down by 50 pips or more in the first hour of the report. If on the other hand we will see a reading of -0.1% or more negative, I think the USD/CAD may possibly gain 30 pips or more, and EUR/CAD may possibly gain 50 pips or more in the first hour of the report.

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Forex Fundamental Analysis - 30 November 2007

Fundamental Analysis

Friday, November 30th, 2007 (1:45 a.m. New York Time) SWITZERLAND
First, we will have Swiss CPI y/y which is expected to come out at 1.5% versus 1.3%. I think if it comes out at 1.3%, same as last quarter, USD/CHF may possibly go up by 30 pips or more in the first hour of the report. On the other hand, if it reads 1.7% or higher, I think USD/CHF may possibly go down by 50 pips or more in the first hour of the report.

SUMMARY:
* Report: Swiss CPI y/y
* Buy on USD/CHF if the number will be 1.3% or lower
* Sell on USD/CHF if the number will be 1.7% or higher

Friday, November 30th, 2007 (8:30 a.m. New York Time) CANADA
Then we will have Canadian GDP coming out at 8:30 a.m. The market is mostly talking about annualizing reading which is expected to come out at 2.2%; however, the m/m reading is also important. In my opinion, I would watch the m/m reading and make sure the annual does not conflict. If the m/m reads at 0.4% or higher, I think USD/CAD may possibly go down by 30 pips or more in the first hour of the report, and EUR/CAD may possibly go down by 50 pips or more in the first hour of the report. If on the other hand we will see a reading of -0.1% or more negative, I think the USD/CAD may possibly gain 30 pips or more, and EUR/CAD may possibly gain 50 pips or more in the first hour of the report.

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Winning Solution System Signal - 30 November 2007

Forex Signals

WINNING SOLUTION SYSTEM SIGNAL

By: Winning Solution System V.9.4.3 Final Version

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


GBP/USD


[CLICK ON IMAGE TO ENLARGE]

Buy : @2.0696 | TP @2.0801 | SL @2.0666
Sell : @2.0656 | TP @2.0509 | SL @2.0686


GBP/JPY


[CLICK ON IMAGE TO ENLARGE]

Buy : @227.35 | TP @229.16 | SL @227.05

Sell : @226.95 | TP @224.75 | SL @227.25



EUR/JPY


[CLICK ON IMAGE TO ENLARGE]

Buy : @162.62 | TP @163.62 | SL @162.32
Sell : @162.22 | TP @160.99 | SL @162.52

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 System Signal - 30 November 2007

Forex Signals

WINNING SOLUTION SYSTEM SIGNAL

By: Winning Solution System V.9.4.3 Final Version

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


GBP/USD


[CLICK ON IMAGE TO ENLARGE]

Buy : @2.0696 | TP @2.0801 | SL @2.0666
Sell : @2.0656 | TP @2.0509 | SL @2.0686


GBP/JPY


[CLICK ON IMAGE TO ENLARGE]

Buy : @227.35 | TP @229.16 | SL @227.05

Sell : @226.95 | TP @224.75 | SL @227.25



EUR/JPY


[CLICK ON IMAGE TO ENLARGE]

Buy : @162.62 | TP @163.62 | SL @162.32
Sell : @162.22 | TP @160.99 | SL @162.52

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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Daily Market Comment - 30 November 2007

Daily Market Comment

EUR-USD	1.4744. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.4701 or 1.4697. Major support is clustered around 1.4666 limit.
USD-CHF	1.1179. While below 1.1223 it is more likely to fall further towards 1.1142 or 1.11200. Premature rise above 1.1223 could see it rising above 1.1267 zone.
USD-JPY	109.93. Strength can extend to 110.12 or even higher than 110.34 as declines are expected to find support at 109.70 or 109.50. A fall below 109.06 could turn it bearish.
GBP-USD	2.0613. Prefer a fall to 2.0604 or 2.0531. Then a correction to 2.0718 is anticipated. A clear break of 2.0450 is again bearish.
EUR-CHF	1.6482. Decline should be supported around 1.6467 - 1.6451 zone for rally to above 1.6525. A clear break of 1.6451 will damage this expected rally.
EUR-JPY	162.09. Current move should be supported in 161.83 zone for a rise to above 164.47. A break below 160.37 opens the way down.
EUR-GBP	0.7152. It should be subject to more sell off towards 0.7130 or 0.7109. Corrective upward swings should face resistance around 0.7165 area. A break of 0.7178 is bullish.
AUD-USD	0.8813. While above 0.8794 - 0.8757 zone a corrective upmove could test 0.8859 or 0.8886. After which it should resume its downtrend.
USD-CAD	0.9983. It should trade lower to 0.9881. Resistances are at 0.9989 and 1.0039. A break of 1.0119 is bullish.

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Daily Market Comment - 30 November 2007

Daily Market Comment

EUR-USD	1.4744. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.4701 or 1.4697. Major support is clustered around 1.4666 limit.
USD-CHF	1.1179. While below 1.1223 it is more likely to fall further towards 1.1142 or 1.11200. Premature rise above 1.1223 could see it rising above 1.1267 zone.
USD-JPY	109.93. Strength can extend to 110.12 or even higher than 110.34 as declines are expected to find support at 109.70 or 109.50. A fall below 109.06 could turn it bearish.
GBP-USD	2.0613. Prefer a fall to 2.0604 or 2.0531. Then a correction to 2.0718 is anticipated. A clear break of 2.0450 is again bearish.
EUR-CHF	1.6482. Decline should be supported around 1.6467 - 1.6451 zone for rally to above 1.6525. A clear break of 1.6451 will damage this expected rally.
EUR-JPY	162.09. Current move should be supported in 161.83 zone for a rise to above 164.47. A break below 160.37 opens the way down.
EUR-GBP	0.7152. It should be subject to more sell off towards 0.7130 or 0.7109. Corrective upward swings should face resistance around 0.7165 area. A break of 0.7178 is bullish.
AUD-USD	0.8813. While above 0.8794 - 0.8757 zone a corrective upmove could test 0.8859 or 0.8886. After which it should resume its downtrend.
USD-CAD	0.9983. It should trade lower to 0.9881. Resistances are at 0.9989 and 1.0039. A break of 1.0119 is bullish.

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Forex Calendar - 30 November 2007

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

Fri Nov 30	12:00am	EUR		ECB President Trichet Speaks
	4:30am	USD		Fed Governor Mishkin Speaks
	6:15am	JPY		Manufacturing PMI		50.8	49.5	49.5
	6:30am	JPY		Core CPI y/y		0.1%	0.0%	-0.1%
	6:30am	JPY		Core Tokyo CPI y/y		0.1%	0.1%	0.0%
	6:30am	JPY		Overall Household Spending y/y		0.6%	0.5%	3.2%
	6:30am	JPY		Unemployment Rate		4.0%	4.0%	4.0%
	7:00am	USD		Fed Chairman Bernanke Speaks
	7:30am	AUD		Current Account			-16.3B	-16.0B
	12:00pm	JPY		Housing Starts y/y			-36.7%	-44.0%
	1:45pm	CHF		GDP q/q			0.7%	0.7%
	1:45pm	CHF		CPI m/m			0.2%	0.9%
	2:00pm	EUR		German Retail Sales m/m			-0.4%	1.6%
	5:00pm	EUR		CPI y/y (p)			2.7%	2.6%
	5:00pm	EUR		GDP q/q (r)			0.7%	0.7%
	5:00pm	EUR		Consumer Confidence			-6	-6
	5:30pm	GBP		Consumer Confidence			-9	-8
	8:30pm	USD		Core PCE Price Index m/m			0.2%	0.2%
	8:30pm	USD		Personal Spending m/m			0.3%	0.3%
	8:30pm	USD		Personal Income m/m			0.4%	0.4%
	8:30pm	CAD		GDP m/m			0.1%	0.2%
	9:45pm	USD		Chicago PMI			51.0	49.7
	10:00pm	USD		Construction Spending m/m			-0.2%	0.3%

From: ForexFactory

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Forex Calendar - 30 November 2007

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

Fri Nov 30	12:00am	EUR		ECB President Trichet Speaks
	4:30am	USD		Fed Governor Mishkin Speaks
	6:15am	JPY		Manufacturing PMI		50.8	49.5	49.5
	6:30am	JPY		Core CPI y/y		0.1%	0.0%	-0.1%
	6:30am	JPY		Core Tokyo CPI y/y		0.1%	0.1%	0.0%
	6:30am	JPY		Overall Household Spending y/y		0.6%	0.5%	3.2%
	6:30am	JPY		Unemployment Rate		4.0%	4.0%	4.0%
	7:00am	USD		Fed Chairman Bernanke Speaks
	7:30am	AUD		Current Account			-16.3B	-16.0B
	12:00pm	JPY		Housing Starts y/y			-36.7%	-44.0%
	1:45pm	CHF		GDP q/q			0.7%	0.7%
	1:45pm	CHF		CPI m/m			0.2%	0.9%
	2:00pm	EUR		German Retail Sales m/m			-0.4%	1.6%
	5:00pm	EUR		CPI y/y (p)			2.7%	2.6%
	5:00pm	EUR		GDP q/q (r)			0.7%	0.7%
	5:00pm	EUR		Consumer Confidence			-6	-6
	5:30pm	GBP		Consumer Confidence			-9	-8
	8:30pm	USD		Core PCE Price Index m/m			0.2%	0.2%
	8:30pm	USD		Personal Spending m/m			0.3%	0.3%
	8:30pm	USD		Personal Income m/m			0.4%	0.4%
	8:30pm	CAD		GDP m/m			0.1%	0.2%
	9:45pm	USD		Chicago PMI			51.0	49.7
	10:00pm	USD		Construction Spending m/m			-0.2%	0.3%

From: ForexFactory

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