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Identifying Trades with DailyFX 10.29.08

Tuesday, October 28th 2008   23:50

Post of the Day: 10.29.08

Tuesday, October 28th 2008   23:24
Student’s Question: This is a down trend so I started my line from the top and going down. Now if I understand correctly I would wait for the market to...

GFT Daily Market Commentary

Tuesday, October 28th 2008   22:26
Forex Market Commentary for October 29, 2008 by Cornelius Luca

GFT Daily Market Commentary


A massive rally in the US indices, signs of thawing of the credit markets and expectations...

Trading Signals Suggest EURCHF Buy

Tuesday, October 28th 2008   22:07
Within the last fifteen minutes our “Range 1” Forex Buy/Sell Automated Trading Signal has indicated a counter-trend EURCHF buying opportunity. The “Range...

Forex Trading Signals Indicate AUDJPY Buy Opportunity

Tuesday, October 28th 2008   21:09
Within the last half hour our “Range 1” Forex Buy/Sell Automated Trading Signal has indicated a counter-trend AUDJPY buying opportunity. The “Range 1”...

Trading Signals Suggest Two Counter-Trend Buys

Tuesday, October 28th 2008   20:19
In the last several minutes our “Range 1” Forex Buy/Sell Automated Trading Signal has suggested two trading opportunities. As both CHFJPY and EURJPY trade...

Credit Crisis Pummels Australian Dollar

Tuesday, October 28th 2008   19:32
The Australian Dollar has lost nearly 1/3 of its value (relative to the USD) over the last few months, as the credit crisis continues to drive investors away from areas perceived as risky. In other...

Forex Trading Signals Indicate USDCHF Buy Opportunity

Tuesday, October 28th 2008   19:06
Minutes ago our “Momentum 1” Forex Buy/Sell Automated Trading Signal indicated a USDCHF buy opportunity with trailing stop at 1.14. The “Breakout 1” indicator...

Forex Wrapup 10.28.08

Tuesday, October 28th 2008   17:39


The US dollar strengthened for much of the morning, only to plunge at the end of the day as a nearly 11 percent surge in US stock markets drained demand...

Forex Technicals The Day Ahead: US Dollar at Key Support

Tuesday, October 28th 2008   16:40
The Euro has finally shown renewed signs of life against the US Dollar, and a noteworthy correction is consistent with our earlier calls for a short-term...

GBP/JPY: Yen retreats as markets calm down

Tuesday, October 28th 2008   15:48
FXstreet.com (Barcelona) – British Pound has recovered some ground against the Japanese Yen, and according to the ActionForex.com Technical Team, the cross could have set short-term bottom:...
Our Forex Trading signals forecast that the Japanese Yen will continue its decline against major forex counterparts, with the vast majority of trading...
FXstreet.com (Barcelona) – Consumer confidence has been seriously hit by the global crisis, and the Conference Board’s Consumer Conference Index has plunged more than 20 points in one month to...
FXstreet.com (Barcelona) For more information, read our latest forex news.
FXstreet.com (Barcelona) For more information, read our latest forex news.
FXstreet.com (Barcelona) – Housing price continued declining in the US main cities in August, and the declining pace continues accelerating by the month, according to the latest S&P survey...
FXstreet.com (Barcelona) For more information, read our latest forex news.
Our Forex Trading signals forecast that the US dollar will decline against the Euro, British Pound, Canadian Dollar, New Zealand Dollar, and Australian...

Reserve Bank of Australia Buys Its Own Currency

Tuesday, October 28th 2008   12:38
Aussie makes gains in forex tradingThe Australian dollar has been doing rather poorly in currency trading on the FX market lately. With the drop in commodities and risk aversion unwinding the carry...

U.K. Pound Makes Headway in Forex Trading

Tuesday, October 28th 2008   12:33
Currency trading with the sterlingThe U.K pound made some headway in forex trading earlier today when equities boosted risk appetite. In currency trading, the sterling has been rather beaten, but it...

U.S. Dollar Rallies on Currency Market

Tuesday, October 28th 2008   12:29
Greenback rises again in FX trading on negative economic dataDespite some thoughts that an oversold euro was poised for a correction in forex trading, the release of recent data has been pushing a...

Overnight Interest Rate Update 10.28.08

Tuesday, October 28th 2008   12:15
Overnight Libor Rates (17:15 GMT) Current Tuesday(17:15 GMT) USD 1.23500 1.26875 EUR 3.53875 3.56250 GBP 4.78750 4.81250 JPY 0.75000 0.72875 CHF 1.47500...

Forex Trading Forecast: EUR/USD

Tuesday, October 28th 2008   11:30
Is it time for a correction in currency trading?The forex trading forecast for EUR/USD is calling for a bit of a correction in some cases. Many analysts agree that the euro has been oversold against...


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