EN webmaster@ac-markets.com webmaster@ac-markets.com Instant forex alerts http://www.ac-markets.com/forex-news/forex-alerts.aspx Copyright 2008 Advanced Currency Markets SA. All rights reserved. Fri, 28 Mar 2008 11:49:53 GMT http://www.ac-markets.com/forex-news/forex-alerts.aspx 3df93f08-8953-40f1-b179-9958a305fb1a Fri, 03 Jul 2009 19:05:46 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx Peter Rosenstreich Price action in gold was very quiet due to the holiday in the US. The precious metal is trading marginally higher at $930.57oz, which is nearly unchanged from the prior session’s level. Gold actually dipped in reaction to the negative employment data in the US released yesterday, a signal to investors that the perception of the precious metal as a safe haven instrument may have faded in light of... 5c670744-4fa5-45bb-b144-6448d37e3043 Fri, 03 Jul 2009 15:24:18 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz Even though the pair is regaining some of the ground lost yesterday, we're watching it near the resistance at 933.84 dollars per ounce without being able to break it. Traders are not excluding a new downwards correction to 930.00 dollars per ounce , given the dollar's strength. Right now, the pair is trading at 933.53 dollars per ounce . 9012b19e-48d2-4b92-b71c-fadd8b8f5bac Fri, 03 Jul 2009 15:16:25 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz The dollar is maintaining the pressure on the majors , after the bad employment data from the US. For the rest of the day, we don't expect large movements, as it's an holiday in the US. In the EurUsd we watch how the pair is just over 1.4000 dollars per euro . If it breaks that level, the next supports are found at 1.3980 and 1.3938 . The upwards targets are at 1.4030 and 1.4078... 479d857f-8d7d-442a-9e9c-76b0b113ad16 Fri, 03 Jul 2009 14:52:54 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz It is estimated, at an interbank level, that the world's economy will fall 2.3% in 2009 and grow 2.2% in 2010 . e3671f1e-d96d-4e87-a78c-fe92c5ccf319 Fri, 03 Jul 2009 14:42:37 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz After breaking the 134.15 yens per euro level, the pair is trading at 134.37 in a neutral zone . Traders are focusing on the 134.00 yens per euro support as a key. c2dd742e-a743-407d-90c9-05782d8782a8 Fri, 03 Jul 2009 13:36:35 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz The loonie is weakened, given the decline in oil prices and the dollar 's strengthening. If it maintains the downwards trend, traders will focus on the supports at 1.1510 and 1.1482 . If the pair rebounds, the most important resistances are found at 1.1607 and 1.1630 Canadian dollars per US dollar . b0011486-749d-417d-a0cb-9949ae253292 Fri, 03 Jul 2009 13:32:27 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz The pair is breaking 1.4000 dollars per euro . According to the RSI , the pair is around the overbought area. 6cad6eee-7b82-4b05-9d9b-26dce37e1447 Fri, 03 Jul 2009 12:00:28 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz The dollar hit the week's highs , given the demand of the greenback as a safe haven. Right now, the pair is trading at 1.3991 dollars per euro . According to the Relative Strength Index ( RSI ), the pair is oversold . 83a1fca9-51e2-4c2a-8d81-65fdabba18d3 Fri, 03 Jul 2009 11:15:01 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz Eurozone's retail sales in May Current: -0.4% m/m (-3.3% y/y) . Previous: 0.2% m/m (-2.3% y/y) .   Previous revised: 0.1% m/m (-2.5% y/y) . Consensus: -0.1% m/m (-2.7% y/y) . Right now, we're witnessing no movements of the euro against the dollar, sterling or yen. Previously, the euro climbed against the sterling, after the release of the Eurozone's services PMI. Despite being... ed671e60-095a-47d5-946e-ff81cdee3b35 Fri, 03 Jul 2009 11:07:12 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz The crude price is under 69.00 dollars per barrel , given the strengthening of the US Dollar . If it breaks this level, we could witness a technical climb of the crude. Right now, the crude is trading at 66.40 dollars per barrel . a04c0847-2940-4c6c-81e0-196267b8c45b Fri, 03 Jul 2009 10:52:39 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz The cable is correcting downwards 61 pips and trading at 1.6538 dollars per pound . According to the RSI the pair is in a neutral zone . If the trend doesn't change, the most important supports are at 1.6235 and 1.6300 . If the trend changes, the resistances to consider are at 1.6400 and 1.6445 dollars per pound . a0490c6f-f014-4c90-88a2-36d1e0a6b3ef Fri, 03 Jul 2009 10:43:52 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz UK's services PMI in June Current: 51.6. Previous: 51.7. Consensus: 51.5. dbc5c839-6bfe-4ed3-8546-80a2d9d4641b Fri, 03 Jul 2009 10:15:25 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz June services PMI in the Eurozone Current: 44.7 . Previous: 44.5 . Consensus: 44.5 . June composite PMI in the Eurozone Current: 44.6 . Previous: 44.4 . Consensus: 44.4 . 05beae6c-a826-4696-bc49-c3f6b9d9125f Fri, 03 Jul 2009 10:12:48 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz German services PMI in June Current: 45.2 .  Previous: 44.3 . Consensus: 44.3 . The services sector in Germany is still deteriorating, even though this month's data was better than the previous. 08b26f92-0dae-45aa-9f98-971b5102f1d0 Fri, 03 Jul 2009 08:47:11 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz Australian services PMI in June Current: 50.2 Previous: 39.9 This is a very positive data for the Australian economy. Note that the index is above 50 points, which indicates a rebound in the sector. 7672782d-0821-4773-b2d7-bf3877f59740 Fri, 03 Jul 2009 08:16:01 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-3.aspx José Giraz Good morning from Geneva. Today is marked by the beginning of the US Independence Day celebration. Therefore, all focus will be turned to Europe's macro data. We'll have the June services PMI from the UK , Germany and Eurozone . On the other hand, traders are waiting for the June Swiss CPI and Eurozone's retail sales . Good trading! We'll keep you posted on our website. 6700330c-efc6-4cf0-af91-d5a2ac7b1ed8 Thu, 02 Jul 2009 21:15:03 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-2.aspx Peter Rosenstreich The inverse relationship between gold and the dollar remained intact as a surge in the dollar against most majors sent the gold price lower. US non-farm payroll dropped 467k vs. 363k forecasted, dampened prospects of a recovery. The decline in risk appetite put gold under pressure, causing gold to dip $11 to $929oz after the payroll data released with August gold futures on COMEX down 1.4% or $13... cbc73f8c-a8d2-4101-bdce-78ab7feb33d8 Thu, 02 Jul 2009 15:36:05 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-2.aspx José Giraz The main US indexes are all falling by more than 1% , given the bad US employment data. The Dow Jones Industrial was falling 1.6% . bea98a0f-21fc-4ef2-9090-e57ab9e0a160 Thu, 02 Jul 2009 15:33:32 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-2.aspx José Giraz The pair is having a strong decline, given the rise in risk aversion . Right now, it's trading at 134.86 yens per euro . If the downward trend doesn't change, traders will focus on the supports at 134.35 and 133.50 . If the pair rebounds, the nearest resistances are at 135.25 and 135.70 . According to the RSI , the pair is clearly oversold . cc1a7375-963c-415d-a6a6-b0c280990f3f Thu, 02 Jul 2009 15:24:43 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-7-2.aspx José Giraz The dollar is climbing against the euro and the sterling , after the US employment data release. Right now, we're witnessing a risk aversion hike and, as a consequence, a demand for the dollar as a safe haven. The opposite happens in the UsdJpy , where the dollar is falling from 96.80 to 96.08 . We're paying attention to Trichet's words at the ECB press conference. The central bank...