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 50283f52-0997-4895-aebc-be2597a01ff5 Fri, 20 Nov 2009 15:33:30 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The main Wall Street indexes are trading lower, after Dell Inc's results came in below expectations. The most affected is the technological Nasdaq, losing 0.60%. b0d610b8-6864-4974-8fad-c0a2640d6e88 Fri, 20 Nov 2009 15:17:34 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The black gold is falling 2.2% right now, trading at 76.36 dollars per barrel at the NYMEX. The perspectives remain to the lower side, with traders focusing on the support at 75.00 dollars. If it gets there, it could revert the trend after a technical rebound. The next resistance is at 77.00 dollars. f775984a-7a8a-471f-ba5e-44c5680b9f9a Fri, 20 Nov 2009 14:54:48 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The pair is breaking the support at 147.00 and is getting closer to the double floor at 146.40 yens per pound. The bands of Bollinger show a volatility of 230 pips in the hour, while the RSI is clearly oversold. The Stochastic shows selling signs, right now. 0c25b03a-bfdd-4b1a-b4ed-dc30b27f919b Fri, 20 Nov 2009 14:47:16 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The pair continues with the upwards trend star on October 28th, offering us a fabulous rally of 100 dollars, so far. The pair is rebounding after being near the lower lateral band of the large movement. The bands of Bollinger are narrowing, indicating low volatility, while the RSI is on a neutral zone. The Stochastic shows selling signs. If the trend remains to the lower side, the support is at... c4568aa5-5f2a-46bf-8294-bad69e4ac574 Fri, 20 Nov 2009 14:35:14 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The cable is declining 215 pips, trading at 1.6488 dollars per pound, right now. The price is breaking the lower band of Bollinger, hinting a possible correction to the middle band, while the 14 period RSI is clearly oversold. 1.6470 is an area of potential upwards rebound, which could take the pair to 1.6516 (50 days MA). However, if it loses this level, the next target is at 1.6400 dollars per... c1c13feb-008f-40c8-8813-033a427d47d7 Fri, 20 Nov 2009 13:56:44 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) The aussie is trying to hold the uptrend in place since March. If the candle holds above the trend, it's likely we'll see a pull back by building a hammer type candlestick. 2fa858fb-4945-41b5-89cf-746104680ccc Fri, 20 Nov 2009 13:52:59 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The pair is climbing, after breaking the resistance at 1.0200 francs per dollar. We could be in the presence of a pull back to that support, if the risk aversion declines in the next hours. Despite that, the next resistance above is at 1.0252 francs per dollar. The price is breaking the upper band of Bollinger, hinting a possible correction to the middle band, while the RSI is overbought. If we... 0c27dab5-6a90-4498-87f0-a1fc6ed2ee35 Fri, 20 Nov 2009 13:35:09 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) A few days ago, we said the pair was under great indecision, which could lead to a correction. Right now, we got the upwards trendline in place since February 1st. We'll have to pay attention and see how the daily candle ends today. If it breaks the trendline, the next target will be 79.496. If it's a hammer candlestick, the pair will seek 84 yens per aussie in the next days. e21786f0-093e-4f86-b3c0-f5ab21374f44 Fri, 20 Nov 2009 13:32:18 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The sterling is losing ground against the dollar, after the British public finances worsened (doubled the expected) in the last month, raising more concerns about the loss of the UK's AAA credit rating. 70700c5b-4a43-4962-bab3-29d46d377ca5 Fri, 20 Nov 2009 13:26:16 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The pair is declining, trading at 1.4824 dollars per euro. The price is getting closer to the support at 1.4807, area of potential rebound. The bands of Bollinger show a volatility of 100 pips in the hour, while the RSI is clearly oversold. If the trend reverts, the next resistance is at 1.4845 dollars per euro, while the target below is 1.4775. f83f37e5-3bb1-4362-b2b6-b15d8ded93d0 Fri, 20 Nov 2009 13:17:03 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The cable is near 1.6470, potential upwards rebound area, given the largest demand of the US dollar as a safe haven. The pair is now trading at 1.6480 dollars per pound The bands of Bollinger show a volatility of 170 pips in the hour, while the RSI is clearly oversold. If the cable climbs, the next resistance is found at 1.6512 dollars per pound. 7ec71f0b-be3d-4078-80b6-9cd9c952c7f6 Fri, 20 Nov 2009 12:44:40 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) The pair continues with the big movements and as the price broke the support at 147.27, the next support is at 146.38. Despite the RSI marking oversold, there is no significant support that could stop the price until that level. If the price doesn't rebound with strength (there is that potential) and loses it too, it could get as low as 144.5 yens per pound. 78fbef0a-786f-4f1f-97ab-d46c17eeb600 Fri, 20 Nov 2009 12:25:19 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) The pair found support, after a day of gains for the dollar, at 1.6626. In the daily candles chart, we can deduce that once 1.6581 is lost, the pair will correct in the next days / weeks to 1.6393. Today, we see the price boxed between 1.6669 and 1.6626 that, following yesterday's trend, it got to 1.6525. Above, the price will try to rebound in this support, as it did on the 6th and 12th of... 4e09709f-dca2-42ba-9b52-1b08bb44844b Fri, 20 Nov 2009 11:41:31 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The cable is falling and getting closer to the 1.6500 dollars per pound target. The bands of Bollinger show a volatility of 135 pips in the hour, hinting a possible reaction and trend shift, while the 14 period RSI is clearly oversold. If the trend reverts, the pair could consolidate with the 50 and 200 days MA. 8eaac885-9a06-4528-affe-70aa58a9404f Fri, 20 Nov 2009 11:28:40 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) Since the pair hit a new high at 1.71 last Tuesday, it corrected and is close to a very significant support at 1.6813 francs per pound. It also coincides with the AB=CD figure between 1.6814 and 1.6792. If this is confirmed, 16886 will be the first target. Below, 1.6727 will be the next important support. 1a67db0b-ece8-411b-88a9-55c7559599ec Fri, 20 Nov 2009 11:16:39 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) The price corrected yesterday until it found the support where it rebounded Tuesday, but this time it stopped before hitting a new yearly high. The resistance before this new high is 1145.7. It has been tested already twice and if it's not broken, the price will seek yesterday's low and, if broken, meet with 1127.7 and 1123.3. 7e9ccd30-faeb-43a1-86e0-741ca7d98f9c Fri, 20 Nov 2009 11:16:27 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The pair is falling 200 pips, given the demand of the greenback as a safe haven. The pair is now trading at 0.7267 dollars per New Zealand dollar. The one hour candles chart shows the pair could go to 0.7243 and then rebound, targeting 0.7317. According to the bands of Bollinger, the pair shows a volatility of 70 pips in the hour, while the RSI is around the oversold area. The MACD shows selling... 6c0d0374-62e9-442e-a71a-43a4683bd66c Fri, 20 Nov 2009 11:07:49 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz After the BoJ decided to keep rates at 0.1% and announcing that the export and industry sectors are getting stronger, the yen climbed against the dollar, with a daily low at 88.70 (key support). The pair is now trading at 88.87 yens per dollar. The bands of Bollinger are narrowing, showing low volatility, while the RSI is on neutral ground. The MACD shows selling signs, right now. ac1c2ab2-939b-419e-b27c-9147dbbd65d1 Fri, 20 Nov 2009 10:52:34 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) Since it touched the support at 0.8835 last Tuesday, the pair hasn't stopped climbing and is now again near 0.9 pounds per euro. The RSI is oversold and it's likely it will try to consolidate 0.8978 / 68 before going up to 0.9 and then 0.9034, near the monthly high. It's very unlikely it will get there today, but it will be interesting to leave the pair near that level, so it can get there next... 2dfa6c92-f173-4cdf-990a-926b0e714522 Fri, 20 Nov 2009 10:51:44 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The Dollar Index is climbing, after the rise in risk appetite. The DXY is operating at 75.44 points, with the next resistance at 75.45 (key and previous barrier to yesterday's high at 75.55). Below, traders are focusing on the support at 75.25 points. The DXY fell 0.3% since the session opened. 2384b4c3-f463-439a-a039-b75d1a1223a4 Fri, 20 Nov 2009 10:44:04 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx José Giraz The black gold is declining, with the West Texas (WTI) trading at 77.20 dollars at the NYMEX. Crude hit a day low at 77.15, falling 0.9% so far. Traders expect that the crude could revert the trend and try to break the intraday resistance at 77.40 dollars. aaae7f83-21c5-4b4c-a53f-f761f6a709c9 Fri, 20 Nov 2009 10:35:14 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) We see on the daily candles chart how the price corrected since we marked the high wave candle and is near the uptrend trendline. Yesterday, the price met with the resistance at 0.9153. If it's not broken, the price will go to the resistance at 0.9212 that was also tested twice with no success. Above, once that level is broken, 0.9239 and 0.9303 will be the objectives for today. Below, the... 05ea3674-7ed7-425b-8dd7-4edf50bdad41 Fri, 20 Nov 2009 09:51:59 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) The price stopped yesterday twice at 1.0124 and today turned to try to break 1.0161 Swiss francs per dollar. If it continues going up, it will have to break yesterday's high, after consolidating the support. If it doesn't break both levels, the price will turn to yesterday's and today's low. Below, the price could lose 1.01 again, meeting with 1.0095 / 79 / 63, depending on the market's strength.... de5632b6-0541-42f2-b6a2-e1cd951deba1 Fri, 20 Nov 2009 09:30:08 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) Shirakawa , the Bank of Japan governor, said that the expansive policy must go on, that the economy shows signs of improvement and that he's watching to currency movements. - There are still risks for Japan - The weak demand causes the continues price decline and the pressure on prices will continue - A liquidity hike won't trigger a price climb on its own. The capital expenditure must rise... 4ba11011-f4fb-42fc-ae5e-553c2c3649ba Fri, 20 Nov 2009 09:13:23 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) The German production price index came in 10 points below expectations, but much better than last month's figure. The euro isn't registering large movements. 6fb3c40c-2c89-4c18-a6a9-043f00a7c020 Fri, 20 Nov 2009 09:03:17 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) . ea883e7e-d642-4305-9384-e2995fca5bc6 Fri, 20 Nov 2009 08:55:47 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) The short trend is still standing, even though the pair wasn't able to break 88.739. This level was tested several times this week, but never broken. If it is, it will be the end of a bullish week for the yen, leaving 88 yens per dollar in sight for the next week. Above, the price has to stand on the support at 88.739 to consolidate the breaking of 89.024 and try to hit 89.426 today. f5765534-2c4d-478c-8f7f-9ae63a544ca6 Fri, 20 Nov 2009 08:53:54 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) . a5274a1e-a7bd-4c11-bd68-45d62ee33a08 Fri, 20 Nov 2009 08:51:21 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) The price found support after a day of gains for the dollar at 1.6626. In the daily candles chart, we can deduce that if 1.6581 is lost, the pair will correct in the next days / weeks to 1.6393. Today we see the price stuck between 1.6669 and 1.6626. If yesterday's trend continues, the price will try to hit 1.6521, if it manages to break the support marked on the daily candles. Above, the first... f1fd2fc3-3951-4c5a-8bbf-27055bc5b13b Fri, 20 Nov 2009 08:48:20 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) On yesterday's daily candles chart, the pair had a large downwards candle, but ended the day giving hope to the bulls. The pair also hit a higher low, with the support around 1.486 dollars per euro. In the one hour candles, we can see how the pair found resistance at 1.4929, which coincides with the fibo 61.8% (marked from Wednesday's high to yesterday's low). Breaking the resistance will prompt... c676f2c9-b461-46c2-88e6-4bfc096dfde4 Fri, 20 Nov 2009 07:47:04 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) The Japanese interest rates were left unchanged as was universally expected, after an unanimous decision from the BoJ's members. In the accompanying statement, we highlight that the BoJ admits that the country is on a slight deflation "phase", that exports and production will keep improving and, finally, that financial conditions show signs of recovery . The yen arrives to the end of the... 4ede0c3d-c360-46d4-9793-6c8933dad1cd Fri, 20 Nov 2009 07:27:03 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-20.aspx Alejandro Mendoza (external FX ed. MVD) Good morning from Geneva. We start the morning with the production price index from Germany . After that, the speeches. We'll listen to Weber and Trichet from the Eurozone and Roth from the Swiss National Bank . Enjoy the trading and remember: the only antidote for emotions not to interfere with the trading plan is the trust in your capability to execute the methodology. If you don't... 1ed4c9ab-105e-482a-8353-7528e912b9a7 Thu, 19 Nov 2009 16:09:33 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz Current:  16,7. Previous: 11,5. Consensus: 12,2. 9c023088-222b-4d89-be23-052e64c5d4ab Thu, 19 Nov 2009 16:07:32 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz Current: 0,3% m/m .   Previous: 1,0% m/m . Consensus: 0,4% m/m . 08e1f447-e9ce-489d-bba4-ca14eab1f0e2 Thu, 19 Nov 2009 15:35:59 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The main Wall Street indexes are trading lower, given the rise of risk aversion, following the US initial jobless claims data. The technological Nasdaq is the index losing the most, falling 0.91%. c6b01df7-6305-4a82-963f-5cf362549c80 Thu, 19 Nov 2009 15:28:01 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The cable continues with the downtrend started yesterday, getting closer to the support at 1.6600 dollars per pound. After yesterday's BoE minutes, the pound fell 222 pips so far. The perspectives point to a breaking of the support to seek the target at 1.6570. The bands of Bollinger show a volatility of 150 pips. The RSI shows the pair is clearly oversold. The next resistance is at 1.6655... f0762aa0-b36b-4d6c-85bd-03258ede59da Thu, 19 Nov 2009 15:05:45 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The pair is performing a pullback to the 79.00 area, after trying to break, with no success, the resistance at 79.15. The West Texas barrel (WTI) is now trading at 79.15 dollars at the NYMEX. The black gold declined 0.7% since the session opened. For the rest of the day, traders expect oil could go seek today's lows at 78.76 dollars, before an attack to 75.00. 3f8ed009-4ed5-4fc2-abc8-b08864b5fab1 Thu, 19 Nov 2009 15:00:59 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz Current: 0,2% Previous: - 1,4% Consensus: -0,2% dd0b97ed-da16-495e-bea5-a5aed492311e Thu, 19 Nov 2009 14:57:49 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The Dollar Index is correcting lower, after being near today's high at 75.55 points . The DXY is consolidating with the fibo 23.6%, marked between 75.53 and 74.90 , operating at 74.43 points . If the trend doesn't shift, the 100-days SMAVG could act as a support in the DXY evolution. 4afde7ec-113c-4a13-af7c-08e186119a8b Thu, 19 Nov 2009 14:52:30 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The precious metal is climbing to 1138.12, after rebounding at the 1134 dollars per ounce of gold support. Right now, the dollar is declining against the gold, given a larger demand for the metal as a safe haven. The bands of Bollinger are enlarging, indicating high volatility. The 14 period RSI with one hour candles is on a neutral zone. The CCI shows buying signs. If the trend reverts, the... 2d3c4b98-681b-4ac5-a704-d21694a3138a Thu, 19 Nov 2009 14:45:49 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The US initial jobless claims came in over expectations. Current: 505.000 .   Previous: 502.000 . Consensus: 504.000 .  Continued jobless claims   Current: 5.611.000 . Previous: 5.631.000 . Consensus: 5.595.000 2181e4f6-4c40-40a3-aefa-94fc9e152668 Thu, 19 Nov 2009 14:00:38 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The pair is rebounding on the support at 88.80, trading at 88.88. If it breaks that support, the perspectives for an attack to 88.20 are clear. However, if there's a rebound, traders will focus on the resistance at 89.03 yens per dollar. The bands of Bollinger show a volatility of 145 pips in the hour, while the RSI is clearly oversold. The Stochastic shows selling signs, right now. e8bcc69c-9aca-4029-a99e-40d2a2c83ba1 Thu, 19 Nov 2009 13:36:51 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) The pair went seeking new highs again, after meeting the support at 0.8909, a level used both as a support and resistance in the last few days. To continue going up, it will have to hit 0.8945, yesterday's high. Once there, there is an important resistance before getting to 0.90 again. On the downside, losing 0.8909 will make the day a downwards one, with eyes set on 0.8884 / 52. a2ea2c52-dbc9-49e9-bdfe-b2adbb3a598b Thu, 19 Nov 2009 13:36:40 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The pair continues with the downwards trend, with a large movement of 212 pips so far and trading at 0.7290. The bands of Bollinger show a volatility of 230 pips in the hour, while the RSI is clearly oversold. The Stochastic shows selling signs, right now. If the downwards trend continues, the next support is at 0.7235, while on the upside the resistance is found at 0.7333, 23.6% of the fibo... e8012892-6251-4b12-9b10-bf3b384b5131 Thu, 19 Nov 2009 13:07:08 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) The pair built a double top yesterday at 0.75 and since then the dollar hasn't yet stopped with great strength. It broke the second most significant support at 0.7309, prompting the pair to close the gap from November 6th. Despite the RSI being heavily oversold, we expect the gap to be fully closed, arriving at 0.7264. Once there, the dollar will have more difficulties to advance, given the... aae75d66-03bb-472f-98fd-54effc105765 Thu, 19 Nov 2009 12:38:16 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The aussie is declining given the commodities decline and the perspectives that the RBA won't hike the interest rates in December, as was widely expected. The pair is now trading at 0.9160 dollars per Australian dollar. The price is breaking the lower band of Bollinger, hinting a possible correction to the middle band. According to the RSI, the pair is clearly oversold, while the Stochastic... a01865a1-19f9-41d9-9dcf-8d2b496a8aab Thu, 19 Nov 2009 12:24:54 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz After being near the reference level used by the SNB at 1.5100 , the pair rebounded up to 1.5134 francs per euro . The price is correcting to the middle band of Bollinger , after breaking the upper band. The RSI is on neutral ground. For the rest of the session, depending on the results from the US labor sector, the pair could revert the trend and seek the target below, at 1.5100 . If... 55a2aaa7-05b0-4d26-aef9-778c23457507 Thu, 19 Nov 2009 11:49:39 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) The pair broke the triangle to the downside, breaking the level we marked yesterday at 148.46. In the last few hours, it seems the price corrected a bit, but with a very downwards sentiment. The next support is at 147.85. If lost, there is a potential for a slide down to 146.38 yens per pound. Above, going up to 148.46 could make the pair seek 149.13. 6d2a38cb-4135-428a-b553-ab9abccb8ba1 Thu, 19 Nov 2009 11:33:47 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz Great rebound on the pair, given the risk aversion hike. The pair climbed 176 pips since yesterday, trading now at 1.0610 Canadian dollars per US dollar. The bands of Bollinger show low volatility, hinting a possible reaction within the hour, while the RSI is clearly overbought. The Stochastic shows buying signs. If the trend doesn't shift, all eyes will be on the resistance at 1.0625, while... b89c7971-c850-4e9f-b79e-672b9654f9aa Thu, 19 Nov 2009 11:23:53 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The pair is trading on the lateral sideways channel built on October 28th, in which offered us a movement of 100 dollars, so far. Right now, the pair is trading at 1137.03 dollars per ounce of gold. Despite the dollar's apreciation, the medium term outlook for gold are positive. If the trend reverts, the 50-days MA could act as aa resistance, while the support to watch is at 1126 dollars per... f34c4080-8c5c-4a24-9d4e-80a7bf623d39 Thu, 19 Nov 2009 11:09:16 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) The forecast for the global growth in 2010 went from 0.7 to 1.9%. - The US GDP forecasts grew from 0.9% to 2.5%. - The Eurozone GDP forecasts grew from 0.0% to 0.0%. - The Japan GDP forecasts grew from 0.7% to 1.8%. - The UK GDP forecasts grew from 0.0% to 1.2%. With these results, the risk aversion should vanish from the markets. ac6532b4-d4ef-4a09-b6cd-708e4bcef38f Thu, 19 Nov 2009 11:01:42 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The pair has potential for a new attack to 88.80, given the rise in demand of riskier assets. The pair is now trading at 88.99 yens per dollar. The bands of Bollinger show a volatility of 65 pips in the hour, while the RSI is around the oversold zone. The MACD shows selling signs, right now. If the trend reverts, the next resistance is found at 89.15 yens per dollar. 970a8a94-5d54-4549-b116-794287cff3af Thu, 19 Nov 2009 10:55:10 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The risk aversion is strengthening the dollar, which makes the oil price go up. The West Texas ( WTI ) barrel is now trading at 79.06 dollars at the NYMEX . The black gold fell 0.7% since the session opened. If the trend doesn't shift, the most important support is found at 78.90 , while the next resistance is found at 79.35 dollars . 6a38f25e-5027-4eaf-af33-ca7667741a72 Thu, 19 Nov 2009 10:47:18 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx José Giraz The Dollar Index is climbing given the rise in risk appetite. The DXY is now trading at 75.47 points. If it goes down, the fibo 23.6% marked between 75.53 and 74.90 could act as a support, while on the upside, the next resistance is at 75.53 points. If the macro data beat expectations, the DXY could revert part of the gains so far. 2b0da7ad-d8cd-435e-aa37-70faa1c02bf6 Thu, 19 Nov 2009 10:36:50 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) The UK retail sales came in worse than expected, but better than last month's. Yet, the news hasn't decided a direction on the markets. a6550fbc-7ac3-437a-81b7-e97f0b400723 Thu, 19 Nov 2009 10:18:43 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) Wall Street closed on the red, after the bad construction data from the US, a bucket of cold water to investors. The Dow Jones lost 0.11%, the Nasdaq 0.48% and the S&P500 fell 0.05%. The Nikkei is falling for the seventh consecutive day, hitting four months lows. The reason for this decline is said to be the expansion of capital by the nation's largest bank. OECD is scheduled to release its... 2930fd14-15fe-45a7-89e0-0b3efbdd4b80 Thu, 19 Nov 2009 10:08:35 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) What we see on this pair is the tonic on all dollar crosses. The greenback is strong and yesterday advanced against all majors . If it continues with the same trend today, it will have to consolidate under 0.9212 , which could lead to 0.9153 if the market has strength. If not, to 0.9177 dollars per Australian dollar . The RSI is marking oversold , so it's likely we'll see a... d4d99d6b-4ecf-449a-9ae8-8cd25cfa634b Thu, 19 Nov 2009 09:53:14 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) The dollar is advancing with strength during the morning and getting closer to Tuesday's high. If broken, the pair will have to consolidate it, otherwise the price will try to break 1.01 again and get closer to parity one more time. The most significant supports are 1.0124 and, below 1.01, 1.0095/79/63 Swiss francs per dollar . 6bf1cd24-5103-479e-a717-ec05c7310707 Thu, 19 Nov 2009 09:31:33 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) The Swiss trade balance came in better than expected, despite the strength of the Swiss currency. In the markets, the Swiss francs is losing positions against the majors . 541d79e8-ec90-44d6-88dc-8b8feb55bc48 Thu, 19 Nov 2009 09:24:44 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) The risk aversion is the reason why the dollar is advancing with strength in the market. There are also vague rumors about the Far East central banks. b94858be-b210-4b32-b3b6-d613c8dbae7b Thu, 19 Nov 2009 08:53:06 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) The price is well under the significant support for the Japanese exports, at 90 yens per dollar. If the price continues with the short trend, it will go back under 89 and then try to break the 88.74 area, where it rebounded twice in the last few days. Breaking this area will leave the door open to 88.242, the last support before 88 yens per dollar. On the upper side, it build a good resistance... f8a7773b-c725-4967-b0ac-716db8af8aea Thu, 19 Nov 2009 08:51:26 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) We can see the buildup of a new resistance on the daily candles, after a high wave candle on the 17th, which always implies a turn. If it loses 1.67, we can expect the price to get to 1.6581. In the one hour candles chart, we can see how the price tried, for three consecutive days, to break 1.6847 without success. If it keeps losing levels, the most significant supports the sterling will meet are... 2f17900b-a192-4c5b-afda-338c2d5b93e6 Thu, 19 Nov 2009 08:48:37 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD)   0956e3ed-9bad-4081-87c0-94e2017406fe Thu, 19 Nov 2009 08:46:15 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) We see on the daily candles chart a large support at 1.481. Since it started an upwards rebound last Tuesday, yesterday was very near unfolding the downwards candle. In the one hour candle, we can see how the price could have formed a downwards figure yesterday, correcting 50% (from yesterday's low to high) of the upwards movement. The price is now trying to build a support at 1.4911 that will... 714f25fd-f25e-4323-b1ea-bbebebe7c567 Thu, 19 Nov 2009 07:34:43 GMT http://www.ac-markets.com/forex-news/forex-alerts-2009-11-19.aspx Alejandro Mendoza (external FX ed. MVD) Good morning from Geneva. We start the morning with the Swiss trade balance. Later, we'll have the mortgage approvals in the UK , the money supply and the retail sales. In the US , we'll have the jobless claims and the Philly's Fed manufacturing index. In Canada , the most important data will be the wholesale sales and the leading indicators index. Enjoy the trading and remember: ...