United World Capital Forex Trading: 2009

Wednesday, November 18, 2009

UNITED WORLD CAPITAL Pound Hits Record High on U.K.�s Economic Rebirth

The pound gained versus multiple currencies today and touched the highest rate in 2 months versus its main rival, the euro, as Bank of England officials affirmed that growth is returning to U.K.’s economic outlook and stimulus measures will be lifted on a foreseeable future.(...)Read the rest of Pound Hits Record High on U.K.’s Economic Rebirth (166 words)Posted on Forex News.. UWCFX
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Thursday, November 12, 2009

AED/RUB

1 Russian Rouble = 0.12705 United Arab Emirates Dirham

Read More... [Source: UWCFX Associates]

UNITED WORLD CAPITAL Daily FX Report

Since the middle of October, the GBP has been trading in a bullish trend against the CHF. Currently, the currency pair touches its bottom line of the Bollinger Bands. When it touched the bottom line, the prices recovered three times before. Furthermore it reached its support at 1.6680. Many times.... UWCFX
United World Capital Forex - Read More... [Source: Daily FX Report]

UNITED WORLD CAPITAL Canadian Dollar�s Rally Halted as Commodities Falter

The Canadian dollar had the first day of losses versus its U.S. counterpart and several other key-currencies as the price of commodities declined this Thursday after a sharp rise that started in the beginning of this week’s session.(...)Read the rest of Canadian Dollar’s Rally Halted as Commodities Falter (63 words)Posted on Forex News.. UWCFX
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Tuesday, November 10, 2009

UNITED WORLD CAPITAL Forex Implications of China-US Economic Codependency

The Economist recently published a special report on China and America (Round and round it goes)..... UWCFX
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AED/RUB

1 Russian Rouble = 0.12776 United Arab Emirates Dirham

Read More... [Source: UWCFX Associates]

UNITED WORLD CAPITAL London Session Recap

The rally in risk that pushed US stocks significantly higher into the close last night begun to dwindle in Asian hours. Asian stocks closed higher on the day but well off their intraday highs and European stock indices are mixed to lower. EUR/USD pushed lower in Asian hours as stocks.... UWCFX
United World Capital Forex - Read More... [Source: London Session Recap]

UNITED WORLD CAPITAL Chilean Peso Hits Record High on 2010 Growth Report

The commodity export driven economy of Chile is set to growth more than previously expected for the next year in a report published today that helped the national peso to reach the highest level in 2009 versus the U.S. dollar.(...)Read the rest of Chilean Peso Hits Record High on 2010 Growth Report (65 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Chilean Peso Hits Record High on 2010 Growth Report]

UNITED WORLD CAPITAL EUR/GBP Daily Outlook

EUR/GBP's break of 0.8989 minor resistance indicates that an intraday low is in place at 0.8897 and turns bias neutral for the moment. Nevertheless, another fall could still be seen as long as 0.9060 resistance holds. Below 0.8897 will bring fall resumption to 100% projection of 0.9410 to 0.8996 from.... UWCFX
United World Capital Forex - Read More... [Source: EUR/GBP Daily Outlook]

Monday, November 9, 2009

UNITED WORLD CAPITAL FX Thoughts for the Day

The Cable had continued to surge through the day, breaking free of the Resistance at 1.6750. This is likely to be very bullish for the pair. Dips towards 1.6700-6650 if seen may be used to add to long. We would be targeting 1.70 over the next few days. The fact.... UWCFX
United World Capital Forex - Read More... [Source: FX Thoughts for the Day]

Thursday, November 5, 2009

UNITED WORLD CAPITAL Euro Up as ECB Shifts Stimulus Program

The euro pared previous losses with a number of currencies this Thursday as the ECB affirmed that a series of measures used to stimulate the bloc’s economy on its way out of recession will be phased out, adding evidences that the economic health in the Eurozone is improving significantly.(...)Read the rest of Euro Up as ECB Shifts Stimulus Program (66 words)Posted on Forex News.. UWCFX
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UNITED WORLD CAPITAL (BOE) Bank of England Increases Size of Asset Purchase Programme by �25 Billion to �200 Billion

The Bank of England's Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to continue with its programme of asset purchases financed by the issuance of central bank reserves and to increase its size by �25 billion.... UWCFX
United World Capital Forex - Read More... [Source: (BOE) Bank of England Increases Size of Asset Purchase Programme by �25 Billion to �200 Billion]

UNITED WORLD CAPITAL Retail Sales Plunge In The Euro Zone, While Industrial And Manufacturing Production Improve

The euro zone released its retail sales for September today ahead of the rate decision that is due later on today as well as Trichet's speech through which he will explain the current situation in the euro zone and inflation and growth prospects.. UWCFX
United World Capital Forex - Read More... [Source: Retail Sales Plunge In The Euro Zone, While Industrial And Manufacturing Production Improve]

Wednesday, November 4, 2009

UNITED WORLD CAPITAL Robot is Back Online

After several weeks of hardware failure, the Pound Yen robot is back online. The Demo Server that hosted our demo robot was completely rebuilt and is ready to rock. Unfortunately, we will have to start our results over from scratch,…

. UWCFX
United World Capital Forex - Read More... [Source: Robot is Back Online]

Forex Tricks and Tips

The potential for profit comes from the fluctuations in the currency exchange market.
Read More... [Source: The FOREX FORUM - All Forums]

UNITED WORLD CAPITAL (FED) FOMC Statement November 4, 2009

Information received since the Federal Open Market Committee met in September suggests that economic activity has continued to pick up. Conditions in financial markets were roughly unchanged, on balance, over the intermeeting period. Activity in the housing sector has increased over recent months. Household spending appears to be expanding but.... UWCFX
United World Capital Forex - Read More... [Source: (FED) FOMC Statement November 4, 2009]

UNITED WORLD CAPITAL Majors Advance Ahead Of The Fed

Overall, the Asian session was flat, but the major pairs started heading up during the early European session. Following the greenbacks decline throughout the European trading hours, the dollar index is preparing to break below the 76.00 area, which has been the main support level over the last six days.... UWCFX
United World Capital Forex - Read More... [Source: Majors Advance Ahead Of The Fed]

Monday, November 2, 2009

UNITED WORLD CAPITAL Ava FX is valued at $35m and then at $45m

Clal Finance, an Ava FX holding company (33%) recently divested 50% of their stake to an undisclosed.... UWCFX
United World Capital Forex - Read More... [Source: Ava FX is valued at $35m and then at $45m]

Thursday, October 29, 2009

UNITED WORLD CAPITAL Forex and Dow Jones Recommended Levels

EUR/USD Today's support: - 1.4672 and 1.4648(main), where correction is possible. Break would give 1.4622, where correction also may be. Then follows 1.4597. Break of the latter would result in 1.4572. If a strong impulse, we would see 1.4544. Continuation will give 1.4526. . UWCFX
United World Capital Forex - Read More... [Source: Forex and Dow Jones Recommended Levels]

Thursday, October 22, 2009

UNITED WORLD CAPITAL USD/JPY Charges Higher Following Disappointing Trade Balance

The USD/JPY is popping after Japans Trade Balance came in much lower than analyst expectations coupled with a downward revision of the previous release. Analysts are eager to point out that Japans exports declined at a slower rate. However, the Trade Balance still took a hit, telling us the improvement.... UWCFX
United World Capital Forex - Read More... [Source: USD/JPY Charges Higher Following Disappointing Trade Balance]

UNITED WORLD CAPITAL GBP/USD Daily Outlook

GBP/USD's sharp fall from 1.6636 suggests that an intraday top is in place and outlook is turned neutral for the moment. Some deeper pull back could be seen towards 38.2% retracement of 1.5706 to 1.6636 at 1.6281. Nevertheless, note that short term outlook will remain bullish as long as 61.8%.... UWCFX
United World Capital Forex - Read More... [Source: GBP/USD Daily Outlook]

UNITED WORLD CAPITAL Australia Q3 Import, Export Prices Decline

Prices for goods imported to Australia declined in the third quarter of 2009 by 3.0 percent compared.... UWCFX
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Wednesday, October 21, 2009

UNITED WORLD CAPITAL USD Lower, GBP Extends MPC Minutes Rally

USD traded mixed Wednesday and the GBP and NDZ rallied. The early USD rally was attributed to a drop in risk appetite as equity markets decline and the price of crude traded below $79 a barrel. GBP was supported by the release of the MPC minutes for the BOE October.... UWCFX
United World Capital Forex - Read More... [Source: USD Lower, GBP Extends MPC Minutes Rally]

UNITED WORLD CAPITAL Euro Breaches $1.50 - What Next?

Savvy investors could tell something was up earlier this morning as equity index futures pointed lower, while an earlier rally in the dollar index petered out. In typical knee-jerk reaction lower stocks should be followed by a stronger dollar as investors react to lower risk appetite. However, that argument is.... UWCFX
United World Capital Forex - Read More... [Source: Euro Breaches $1.50 - What Next?]

UNITED WORLD CAPITAL USD/CHF Daily Outlook

At this point, further decline is still in favor in USD/CHF with 1.0227 minor resistance intact. Current fall could still target 100% projection of 1.2296 to 1.0366 from 1.0883 at 1.0033, which is close to parity. However, note that downside momentum is diminishing mildly with bullish convergence condition in 4.... UWCFX
United World Capital Forex - Read More... [Source: USD/CHF Daily Outlook]

UNITED WORLD CAPITAL Japan Sept exports -30.7 pct year/year

Japan's exports fell 30.7 percent in September from a year earlier, trade data showed on Thursday, a.... UWCFX
United World Capital Forex - Read More... [Source: Japan Sept exports -30.7 pct year/year]

UNITED WORLD CAPITAL (BOE) Minutes of Monetary Policy Committee Meeting 7 and 8 October 2009

The price of many assets had increased again over the month. Sterling Libor-OIS spreads had fallen further. The three-month spread had nearly halved to a low of 16 basis points during the month, broadly in line with its pre-crisis levels. Although volumes in interbank markets themselves had remained subdued, the.... UWCFX
United World Capital Forex - Read More... [Source: (BOE) Minutes of Monetary Policy Committee Meeting 7 and 8 October 2009]

Tuesday, October 20, 2009

UNITED WORLD CAPITAL U.S. Market Update

In currencies, verbal intervention continued in the New York session as the Bank of Canada noted that the appreciation of the loonie has offset favorable economic developments since July. USD/CAD surged just over 100 pips to test 1.0425 area. Russian Central Banker Ulyukayev dismissed speculation of an imminent reweighing of.... UWCFX
United World Capital Forex - Read More... [Source: U.S. Market Update]

Monday, October 19, 2009

UNITED WORLD CAPITAL Apple Ready To Move Markets

Apple reported that it has sold 1 million units of the new iPhone 3G S in just 3 days after its June.... UWCFX
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Sunday, October 18, 2009

UNITED WORLD CAPITAL EUR/JPY Weekly Outlook

EUR/JPY's rise from 129.02 extended further to as high as 136.05 last week. The break of 135.47 resistance indicates that whole fall from 138.70 has completed at 129.02 already. Initial bias remains on the upside this week and further rally could be seen to retest 138.70/139.21 resistance zone. On the.... UWCFX
United World Capital Forex - Read More... [Source: EUR/JPY Weekly Outlook]

UNITED WORLD CAPITAL IG Markets Launches CFD Trading Service in New Zealand

n an important development for New Zealand traders, IG Markets, one of the world's leading providers.... UWCFX
United World Capital Forex - Read More... [Source: IG Markets Launches CFD Trading Service in New Zealand]

UNITED WORLD CAPITAL GBP/USD Consolidates after Impressive Breakout

The Cable pulled a rally out of left field yesterday and exploded for nearly 400 basis points since our previous commentary. The psychological 1.60 level ended up having a marginal impact and has been left in the dust. Once the Cable got above our previous 3rd tier uptrend line, now.... UWCFX
United World Capital Forex - Read More... [Source: GBP/USD Consolidates after Impressive Breakout]

UNITED WORLD CAPITAL Afternoon Forex Overview

The dollar is stronger against the euro in early New York trading Friday as investors take end-of-week profits and higher-yielding currencies take a breather after big run-ups over the past week. But even though the dollar is being given a brief respite from its recent drubbing, the euro will rise.... UWCFX
United World Capital Forex - Read More... [Source: Afternoon Forex Overview]

UNITED WORLD CAPITAL This Week's Market Outlook

The greenback lost fresh ground to near 14-month lows, as stocks, commodities and other risk assets continued their ascent, but the JPY emerged as the biggest loser on the week. As suggested in last week's report, JPY-crosses re-connected with risk appetites and saw some of their biggest gains in months.... UWCFX
United World Capital Forex - Read More... [Source: This Week's Market Outlook]

UNITED WORLD CAPITAL LiteForex - accent on opportunity

Company United World Capital, Ltd. has started in December, 2008 confidently develops, providing clients with ample opportunity for institutional and portfolio managers.. UWCFX
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UNITED WORLD CAPITAL Trading Concepts

Traders here is a video I did to complement some of the articles I have been putting together:ht.... UWCFX
United World Capital Forex - Read More... [Source: Trading Concepts]

Wednesday, October 14, 2009

UNITED WORLD CAPITAL Afternoon Forex Overview

The dollar stayed near 14-month lows on Wednesday after U.S. retail sales topped estimates, adding to confidence stemming from better-than-expected earnings from major companies and good economic data overseas. The dollar is lower but above its weakest levels of the day against most widely-traded currencies early Wednesday, as global risk.... UWCFX
United World Capital Forex - Read More... [Source: Afternoon Forex Overview]

UNITED WORLD CAPITAL Easier Forex Payment Is On The Cards

The people who operate UWCFX.COM are the first to acknowledge that, if they can improve the transaction process, it is going to be a whole lot easier for their clients to concentrate on exploiting different investment strategies.. UWCFX
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UNITED WORLD CAPITAL Stevens Says Australia Cant Be 'Timid' on Rate Rises

Australias central bank cant be too timid in raising its benchmark interest rate now that the.... UWCFX
United World Capital Forex - Read More... [Source: Stevens Says Australia Cant Be 'Timid' on Rate Rises]

UNITED WORLD CAPITAL Bank of France's Noyer to get second term

Bank of France Governor Christian Noyer will be reappointed to a second mandate when his six-year.... UWCFX
United World Capital Forex - Read More... [Source: Bank of France's Noyer to get second term]

Tuesday, October 13, 2009

UNITED WORLD CAPITAL USD at 14 Month Low, Gold Hits Another Record High

The USD is trading at a 14 month low as commodity currencies rally supported by a rise in the price of gold to another new record high and higher crude prices, USD was also pressured by diversification speculation as the Russian finance minister says the trend of diversification of reserves.... UWCFX
United World Capital Forex - Read More... [Source: USD at 14 Month Low, Gold Hits Another Record High]

UNITED WORLD CAPITAL Australian Dollar Reaches 8-Week High vs. Yen

The Aussie rose to its mid-August highs against the Japanese yen today as the traders listened to the analysts’ speculations that the central bank has opened a carry trade opportunity with the interest rate hike.(...)Read the rest of Australian Dollar Reaches 8-Week High vs. Yen (190 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Australian Dollar Reaches 8-Week High vs. Yen]

UNITED WORLD CAPITAL Bank will 'never know' true impact of money scheme: BOE Bean

The exact effect of the Bank of England's multi-billion pound scheme of quantitative easing (QE).... UWCFX
United World Capital Forex - Read More... [Source: Bank will 'never know' true impact of money scheme: BOE Bean]

UNITED WORLD CAPITAL Fed's Dudley says executive pay skews incentives

Executive compensation at big banks, still conspicuously lofty despite the financial crisis, can.... UWCFX
United World Capital Forex - Read More... [Source: Fed's Dudley says executive pay skews incentives]

UNITED WORLD CAPITAL The Race to Parity

A new wave of dollar weakness brings the Canadian dollar and the Swiss France closer to parity. Both.... UWCFX
United World Capital Forex - Read More... [Source: The Race to Parity]

Monday, October 12, 2009

UNITED WORLD CAPITAL EURGBP: Breaks The 0.9299 Level, Resumes Its ST Uptrend

A follow-through higher on the crosss upmove off the 0.9076 level saw it rallying and decisively violating the 0.9299 level (Sept 2709 high) today. With the resumption of its short term uptrend activated, risk remains higher for further strength towards the 0.9499 level, its Mar09 high with a turn above.... UWCFX
United World Capital Forex - Read More... [Source: EURGBP: Breaks The 0.9299 Level, Resumes Its ST Uptrend]

UNITED WORLD CAPITAL "people Of Every Flag Are Welcome!" � A Start Is Announced

On the 1st of April opens an international action «People of every flag are welcome!⬝ its preparation was first announced by the LiteForex company group in the middle of March 2009.. UWCFX
United World Capital Forex - Read More... [Source: "people Of Every Flag Are Welcome!" � A Start Is Announced]

UNITED WORLD CAPITAL FXOpen launches ECN PAMM on MT4

FXOpen, the first ever MT4 broker to introduce ECN trading, has just introduced PAMM accounts which.... UWCFX
United World Capital Forex - Read More... [Source: FXOpen launches ECN PAMM on MT4]

Sunday, October 11, 2009

UNITED WORLD CAPITAL A Bounce? Indeed. A Boom? Not Yet.

THE sudden rise in home prices suggests that the psychology of the market has shifted substantially..... UWCFX
United World Capital Forex - Read More... [Source: A Bounce? Indeed. A Boom? Not Yet.]

UNITED WORLD CAPITAL EMU Economic Indicators Preview

The German ZEW economic sentiment is likely to have remained stable at best in October. The ifo business expectations have improved, but the US ISM manufacturing index has deteriorated. German yield spreads have narrowed recently, because long-term interest rates have decreased while short-term rates have more or less stabilised. The.... UWCFX
United World Capital Forex - Read More... [Source: EMU Economic Indicators Preview]

UNITED WORLD CAPITAL EUR/USD Weekly Outlook

EUR/USD's rebound from 1.4483 extend further to 1.4815 last week but lost momentum since then. Initial bias is neutral this week. Below 1.4648 will indicate that rebound form 1.4760 has completed and will flip intraday bias back to the downside for 1.4483 support first. On the upside, in case of.... UWCFX
United World Capital Forex - Read More... [Source: EUR/USD Weekly Outlook]

UNITED WORLD CAPITAL Pound Falls again as UK Manufacturing Data Disappoint

Sterling has had a poor trading week, resulting in it being the weakest G-10 currency this week. GBP/EUR has closed at �1.0793, a fall of 0.77%. UK economic data have been mixed - whilst the services PMI rose to 55.3, marking the 5th consecutive monthly expansion in the sector, the.... UWCFX
United World Capital Forex - Read More... [Source: Pound Falls again as UK Manufacturing Data Disappoint]

UNITED WORLD CAPITAL Usd/Jpy Support

Yen prices are trading higher after the recent breakout through the upper line of an ending diagonal pattern of a black wave V). The latest bottom was made at 88.00, where wave V) may already be completed, which means that bulls may be here in the near-term. If this is.... UWCFX
United World Capital Forex - Read More... [Source: Usd/Jpy Support]

UNITED WORLD CAPITAL Weekly Focus: Mixed Data, Broader Recovery

This week the flow of data from global manufacturing turned more mixed adding to the lukewarm message from the US manufacturing ISM last week. While German orders continued to rise, manufacturing production in the UK and Sweden disappointed badly. Also in Denmark the tentative signs of stabilisation failed to sustain,.... UWCFX
United World Capital Forex - Read More... [Source: Weekly Focus: Mixed Data, Broader Recovery]

Thursday, October 8, 2009

UNITED WORLD CAPITAL Aussie highs impact by positive data and gold

With positive global market, the U.S. currency hit new lows against the Australian dollar with a.... UWCFX
United World Capital Forex - Read More... [Source: Aussie highs impact by positive data and gold]

Wednesday, October 7, 2009

UNITED WORLD CAPITAL Currency Technical Report

Euro rose yesterday for a third day in a row, due to the general dollar weakness. The upward trend line that is clear in the daily chart, was confirmed again and the upward reaction that is currently being formed is likely to lead euro to previous tops at 1,4830-50.. . UWCFX
United World Capital Forex - Read More... [Source: Currency Technical Report]

UNITED WORLD CAPITAL Markets Stalls, But Yen Moves

Overall, the currency market continued to trade with very thin momentum during the U.S. session. The only exception was the yen, but the rest of the market traded far below the ATR of the last few weeks. This comes, as investors prepare for the Bank of England and for the.... UWCFX
United World Capital Forex - Read More... [Source: Markets Stalls, But Yen Moves]

UNITED WORLD CAPITAL UK Nationwide Consumer Confidence Climbs Highest in More than One Year

A day ahead of the Bank of England interest rate decision as the United Kingdom today lacks major economic data while late yesterday, nationwide released its consumer confidence showing that it surged to the highest level in more than one year. Nationwide Building Society, released its consumer confidence for the.... UWCFX
United World Capital Forex - Read More... [Source: UK Nationwide Consumer Confidence Climbs Highest in More than One Year]

Tuesday, October 6, 2009

UNITED WORLD CAPITAL Australian Home-Loan Approvals Drop for Second Month

Australian home-loan approvals fell in August for a second straight month as demand from first-time.... UWCFX
United World Capital Forex - Read More... [Source: Australian Home-Loan Approvals Drop for Second Month]

Sunday, October 4, 2009

UNITED WORLD CAPITAL Brazil�s Real Drops From Year High on U.S. Jobless Claims

The Brazilian currency touched a one-year high versus the dollar and the pound this week but was unable to continue its rally as U.S. jobless claims came worse than what economists expected, decreasing appeal for emergent market high-yielding currencies.(...)Read the rest of Brazil’s Real Drops From Year High on U.S. Jobless Claims (68 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Brazil�s Real Drops From Year High on U.S. Jobless Claims]

UNITED WORLD CAPITAL RBA to Signal Rate Hike in November

The Reserve Bank Board meets on Tuesday, October 6 next week. We do not expect the Bank to change rates at that meeting. However we do expect the associated Statement from the Governor to set the scene for a tightening at its next meeting on November 2. Markets have intensified.... UWCFX
United World Capital Forex - Read More... [Source: RBA to Signal Rate Hike in November]

UNITED WORLD CAPITAL USD/CAD Weekly Outlook

USD/CAD had an extremely volatile week, first dropped to as low as 1.0670, then rebounded strongly to 1.0957 before retreating back to middle of the range. Initial bias remains neutral this week and some more pull back might be seen. But after all, as long as 1.0670 support holds, we're.... UWCFX
United World Capital Forex - Read More... [Source: USD/CAD Weekly Outlook]

UNITED WORLD CAPITAL Trading Currencies

Now that we are in September I think it is time to really start looking at some news events. This Friday we will have a very important NonFarm Payroll event that could move the market significantly. Based on last months…

. UWCFX
United World Capital Forex - Read More... [Source: Trading Currencies]

Tuesday, September 29, 2009

UNITED WORLD CAPITAL United World Capital now has its Passport to offer Investment Services Worldwide

United World Capital has been certified to go Global.. UWCFX
United World Capital Forex - Read More... [Source: United World Capital now has its Passport to offer Investment Services Worldwide]

UNITED WORLD CAPITAL Forex Technical Update

The EURUSD took major support close to 1.4565 levels and maintaining bullishness despite a ' strong dollar is important statement' from Trichet. Incase Euro stays above 1.4595 levels in the next 2 days bullishness would again resume in the pair.Immediate support is seen at 1.4563 (yesterday's low). Break below that.... UWCFX
United World Capital Forex - Read More... [Source: Forex Technical Update]

Monday, September 28, 2009

UNITED WORLD CAPITAL Yen Climbs on New Government Expectations

The Japanese currency started this week gaining sharply versus most of the 16 main traded currencies as speculations suggest that a shift in the Japanese government will change regulations toward the national currency, eventually allowing the yen to appreciate, which is improving the Asian currency’s profile this Monday.(...)Read the rest of Yen Climbs on New Government Expectations (159 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Yen Climbs on New Government Expectations]

UNITED WORLD CAPITAL Darling Asks U.K.'s Four Biggest Banks to Stop Paying 'Automatic Bonuses'

Chancellor of the Exchequer Alistair Darling today begins an effort to crack down on bonus payments.... UWCFX
United World Capital Forex - Read More... [Source: Darling Asks U.K.'s Four Biggest Banks to Stop Paying 'Automatic Bonuses']

UNITED WORLD CAPITAL RBA boss says downturn mild, flags rate rise

RESERVE Bank (RBA) governor Glenn Stevens says Australia's medium term prospects are good as the.... UWCFX
United World Capital Forex - Read More... [Source: RBA boss says downturn mild, flags rate rise]

UNITED WORLD CAPITAL London Session Recap

Evidence of corrective activity became clear across many currency pairs at the start of the European session in reaction to strong moves registered last week and in Asia overnight. Cable is off its lowest levels and EUR/GBP has steered away from breaking above the 0.93 level. Even so, sterling is.... UWCFX
United World Capital Forex - Read More... [Source: London Session Recap]

UNITED WORLD CAPITAL Brazilian Real Declines Again on Slow Economic Recover

The Brazilian Real had an extreme volatile week, declining again towards the end of this week’s session after hitting the highest rate in 2009 versus the greenback days earlier.(...)Read the rest of Brazilian Real Declines Again on Slow Economic Recover (60 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Brazilian Real Declines Again on Slow Economic Recover]

Monday, September 21, 2009

UNITED WORLD CAPITAL GBPUSD: Pressure Builds On The 1.6112 level & Beyond

GBP began the week weakening further declining to a low of 1.6132 as the time of this analysis today. As indicated in our weekly analysis of a possible downside pressure targeting the 1.6112 level, its Sept 0209 low, that level is currently being eyed and an eventual violation of there.... UWCFX
United World Capital Forex - Read More... [Source: GBPUSD: Pressure Builds On The 1.6112 level & Beyond]

UNITED WORLD CAPITAL GBP/USD Mid-Day Outlook

At this point, intraday bias in GBP.USD remains on the downside with 1.6278 minor resistance intact. Further fall should be seen to 1.6111 support first. Break there will complete a head and shoulder top reversal pattern and will bring deeper fall to 100% projection of 1.7043 to 1.6111 from 1.6740.... UWCFX
United World Capital Forex - Read More... [Source: GBP/USD Mid-Day Outlook]

Sunday, September 20, 2009

UNITED WORLD CAPITAL US Economy Shifts into Forward

The downward trend of the dollar continued this week. At 1.4768, EUR-USD reached a new annual high while Eastern European and Scandinavian currencies appreciated even more strongly. The losses recorded by the dollar reflect investors' growing willingness to take on risks, which can also be seen in rising equity prices,.... UWCFX
United World Capital Forex - Read More... [Source: US Economy Shifts into Forward]

UNITED WORLD CAPITAL GBP/USD Breaks Neckline of Head & Shoulders

The GBP/USD recently broke below the 1.6325 resistance level, signifying the completion of the Head & Shoulders pattern. The completion of this pattern is a strong bearish indicator where a forex trader would typically enter in to a trade when the price nears or breaks the neckline. With the typical.... UWCFX
United World Capital Forex - Read More... [Source: GBP/USD Breaks Neckline of Head & Shoulders]

UNITED WORLD CAPITAL Summary 9/13 - 9/18

Sunday, Sep 20, 2009 include('http://www.actionforex.com/resources/calendar/cals1.php?f=20090920s');Monday, Sep 21, 2009 include('http://www.actionforex.com/resources/calendar/cals1.php?f=20090921s');Tuesday, Sep 22, 2009 include('http://www.actionforex.com/resources/calendar/cals1.php?f=20090922s');Wednesday, Sep 23, 2008 include('http://www.actionforex.com/resources/calendar/cals1.php?f=20090923s');Thursday, Sep 24, 2009 include('http://www.actionforex.com/resources/calendar/cals1.php?f=20090924s');Friday, Sep 25, 2009 include('http://www.actionforex.com/resources/calendar/cals1.php?f=20090925s');. UWCFX
United World Capital Forex - Read More... [Source: Summary 9/13 - 9/18]

UNITED WORLD CAPITAL Trade Desk Thoughts: Euro Moves Set Up Yen Expectancy

From the summer of 2008 until now, the euro (Eur/Usd) and the yen (Usd/Jpy) have traded in four.... UWCFX
United World Capital Forex - Read More... [Source: Trade Desk Thoughts: Euro Moves Set Up Yen Expectancy]

Wednesday, September 16, 2009

UNITED WORLD CAPITAL FX Thoughts for the Day

Cable has risen during the day and is now trading above 1.6500. Immediate Resistance is seen at 1.6530. If it holds, a downmove once again below 1.6500 might pull it down towards the Support at 1.6450. With the possibility of a S-H-S on the weekly, we might expect a break.... UWCFX
United World Capital Forex - Read More... [Source: FX Thoughts for the Day]

Tuesday, September 15, 2009

UNITED WORLD CAPITAL U.S. Aug CPI seen up 0.3 percent, core rate up 0.1 percent

U.S. consumer prices likely rose in August on a spike in gasoline prices, but the overall inflation.... UWCFX
United World Capital Forex - Read More... [Source: U.S. Aug CPI seen up 0.3 percent, core rate up 0.1 percent]

UNITED WORLD CAPITAL London Session Recap

Comments from the BoE Governor King suggesting that the BoE will reflect on lowering the rate for commercial banks deposits at the BoE pushed the pound through the floor this morning. Ahead of these remarks a weaker than expected reading from the ZEW injected life into the USD and into.... UWCFX
United World Capital Forex - Read More... [Source: London Session Recap]

Monday, September 14, 2009

UNITED WORLD CAPITAL EUR/USD Balances with Upward Momentum Intact

The EUR/USD is gravitating around the psychological 1.45 area as we suspected may happen. However, the EUR/USD is recovering quickly from losses earlier today by bouncing off of our 2nd tier uptrend line. Meanwhile, our 3rd tier uptrend line is reaching an inflection point with our makeshift 1st tier downtrend.... UWCFX
United World Capital Forex - Read More... [Source: EUR/USD Balances with Upward Momentum Intact]

UNITED WORLD CAPITAL EUR/CHF Daily Outlook

EUR/CHF's fall resumes by breaking 1.5123 and reaches as low as 1.5109 so far, just inch above 1.5108 support. Decline from 1.5364 is treated as the third leg of consolidation from 1.5380 and might still extend further towards 100% projection of 1.5380 to 1.5108 from 1.5364 at 1.5092 before completion..... UWCFX
United World Capital Forex - Read More... [Source: EUR/CHF Daily Outlook]

UNITED WORLD CAPITAL Fed's Duke: accounting changes must be coordinated

Federal Reserve Governor Elizabeth Duke said on Monday that new off-balance sheet accounting rules.... UWCFX
United World Capital Forex - Read More... [Source: Fed's Duke: accounting changes must be coordinated]

UNITED WORLD CAPITAL EUR/USD Mid-Day Outlook

Consolidation in EUR/USD is possibly still in progress and intraday outlook remains neutral for the moment. On the upside, above 1.4633 will target key resistance level at 1.4687. However, we'd continue to expect strong resistance as EUR/USD approaches this level and bring reversal finally. On the downside, below 1.4515 will.... UWCFX
United World Capital Forex - Read More... [Source: EUR/USD Mid-Day Outlook]

UNITED WORLD CAPITAL Robot Performing Well

It was a slow week for trading the Pound Yen and the beast kept in a fairly tight range.� Our robot has held steady taking some losses and finding some winners.�� Remember this is a continuation from where we left…

. UWCFX
United World Capital Forex - Read More... [Source: Robot Performing Well]

UNITED WORLD CAPITAL Dollar Posts Sharpest Fall in 5 Months Versus Majors

The dollar had the sharpest decline since May versus most of the 16 main traded currencies as the U.S. currency is having its attractiveness decreased since borrowing costs declined, forcing investors to look for yield in other markets around the world.(...)Read the rest of Dollar Posts Sharpest Fall in 5 Months Versus Majors (164 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Dollar Posts Sharpest Fall in 5 Months Versus Majors]

UNITED WORLD CAPITAL Australian Dollar Rebounds on Chinese Data

The Australian dollar was affected yesterday by a series of negative domestic reports that halted a rally which set the currency to a one year high versus the greenback, but today, after favorable reports coming from Asia, the Aussie managed to reestablish its previous winning trend.(...)Read the rest of Australian Dollar Rebounds on Chinese Data (153 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Australian Dollar Rebounds on Chinese Data]

Wednesday, September 9, 2009

UNITED WORLD CAPITAL Trade Desk Thoughts: Cad and Oil- The Mystic Is Still There

It is not the question if anymore, but just when the cad will break through the 1.0630 lows from.... UWCFX
United World Capital Forex - Read More... [Source: Trade Desk Thoughts: Cad and Oil- The Mystic Is Still There]

UNITED WORLD CAPITAL Trading on Hold

It turns out that our demo server has been crushed by a bad motherboard and other issues, so all of our trading robots will be on hold for a few more days. We will post our results as soon as…

. UWCFX
United World Capital Forex - Read More... [Source: Trading on Hold]

UNITED WORLD CAPITAL "people Of Every Flag Are Welcome!" � A Start Is Announced

UNITED WORLD CAPITAL Fed Says Economy Stable or Improving in Most of U.S.

Sept. 9 (Bloomberg) -- The Federal Reserve said 11 of its 12 regional banks reported signs of a.... UWCFX
United World Capital Forex - Read More... [Source: Fed Says Economy Stable or Improving in Most of U.S.]

UNITED WORLD CAPITAL EUR/USD Daily Outlook

At this point, intraday bias in EUR/USD remains on the upside as long as 1.4457 minor support holds. Prior break of 1.4446 high confirms that whole medium term rally from 1.2456 has resumed. Further rally should be seen towards 61.8% retracement of 1.6039 to 1.2329 at 1.4622. Nevertheless, we'll continue.... UWCFX
United World Capital Forex - Read More... [Source: EUR/USD Daily Outlook]

Wednesday, September 2, 2009

UNITED WORLD CAPITAL Rant: So How about the Mind of the Market Mr. Expert?

As I said, I don't often watch TV. I know many do and seem to find it helpful. For me, it creates confusion. Watching the market each day is enough confusion for me. But unfortunately I did it again, flipped on the financial news yesterday afternoon, after leaving my screens,.... UWCFX
United World Capital Forex - Read More... [Source: Rant: So How about the Mind of the Market Mr. Expert?]

UNITED WORLD CAPITAL LiteForex � French way. First totals

In January 2009 LiteForex group of companies began actively promoting its services in the online French-speaking area. As a result in the 1st quarter of the year 2009 a number of clients from French-speaking countries increased six times.. UWCFX
United World Capital Forex - Read More... [Source: LiteForex � French way. First totals]

UNITED WORLD CAPITAL Positive Start to the Week

A nice start to the week for our robot. We took one trade last night and it was on the short side. The trade only took a few hours to reach our target profit point.� Unfortunately we had to restart…

. UWCFX
United World Capital Forex - Read More... [Source: Positive Start to the Week]

Sunday, August 30, 2009

UNITED WORLD CAPITAL USD/JPY Declines as DPJ Looks to Take Control

The USD/JPY is weakening despite disappointing Japanese data combined with positively mixed U.S. numbers. This combination of economic data would normally be a positive catalyst for the USD/JPY due to the outperformance of the U.S. economy vs. the Japanese economy. Furthermore, the added signs that the global economic recovery is.... UWCFX
United World Capital Forex - Read More... [Source: USD/JPY Declines as DPJ Looks to Take Control]

UNITED WORLD CAPITAL Poland�s Economic Outlook Provide Support for Zloty

The Polish currency extended last week’s gain this week as the Eastern European nation is showing one of the quickest recoveries in the region, increasing attractiveness for the zloty regionally.(...)Read the rest of Poland’s Economic Outlook Provide Support for Zloty (75 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Poland�s Economic Outlook Provide Support for Zloty]

UNITED WORLD CAPITAL USD/JPY Mid-Day Outlook

With an intraday low in place at 93.21, some more consolidation could be seen in USD/JPY. Nevertheless, while another rise cannot be ruled out, upside should be limited by 95.05 and bring fall resumption. On the downside, below 93.21 will target 91.73 low next.. UWCFX
United World Capital Forex - Read More... [Source: USD/JPY Mid-Day Outlook]

UNITED WORLD CAPITAL Currency Currents: Who Leads ...

It's a simple trade it seems: buy everything else and sell the dollar, as friend of mine pointed out yesterday. Only problem is we still aren't always good at predicting the direction of everything else. It is nice to look at these charts in retrospect, and sound smart, but it.... UWCFX
United World Capital Forex - Read More... [Source: Currency Currents: Who Leads ...]

Wednesday, August 26, 2009

UNITED WORLD CAPITAL Durable Goods Orders Jumped on Spike in Aircraft Orders

Durable goods orders jumped 4.9 percent in July, the largest increase in two years. Most of the gains were driven by a spike in aircraft orders. Non-defense capital goods orders ex- aircraft slipped 0.3 percent. Orders for non-defense aircraft and parts increased 107.2 percent in July. This series has.... UWCFX
United World Capital Forex - Read More... [Source: Durable Goods Orders Jumped on Spike in Aircraft Orders]

UNITED WORLD CAPITAL Dollar Gains on China Industrial Concerns

The dollar gained today versus most of the main traded currencies as concerns that industrial capacity in China will be curbed and a disappointing climb in U.S. durable good orders spurred demand for safety, which is currently favoring the greenback.(...)Read the rest of Dollar Gains on China Industrial Concerns (75 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Dollar Gains on China Industrial Concerns]

UNITED WORLD CAPITAL Overnight Ranged Bound Trading

Overall, the overnight session was again very weak, with the major pairs reversing near the first support or resistance area they touched. Today's ATRs are exceptionally small, and following the trading pattern of the last few sessions, are likely to remain low unless the Durable Orders or the New Home.... UWCFX
United World Capital Forex - Read More... [Source: Overnight Ranged Bound Trading]

Tuesday, August 25, 2009

UNITED WORLD CAPITAL SNB - Financial crisis dispersing?

The situation on the international financial markets has recently brightened again. This is mainly.... UWCFX
United World Capital Forex - Read More... [Source: SNB - Financial crisis dispersing?]

UNITED WORLD CAPITAL United World Capital ha recibido la licencia para prestar los Forex por todo el mundo

La compañía United World Capital ha recibido la licencia para prestar los servicios especializados en inversiones por todo el mundo. UWCFX
United World Capital Forex - Read More... [Source: United World Capital ha recibido la licencia para prestar los Forex por todo el mundo]

Monday, August 24, 2009

UNITED WORLD CAPITAL A Neat Money Management System

One of our forum members further expands:.... UWCFX
United World Capital Forex - Read More... [Source: A Neat Money Management System]

UNITED WORLD CAPITAL EUR/GBP Daily Outlook

At this moment, intraday bias in EUR/GBP remains on the upside with 0.8639 minor support intact. Firm break of 0.8697 resistance will confirm that whole rise from 0.8399 has resumed and should then target 0.8866 resistance next. On the downside, below 0.8639 minor support will turn intraday outlook neutral and.... UWCFX
United World Capital Forex - Read More... [Source: EUR/GBP Daily Outlook]

UNITED WORLD CAPITAL Busy Week Ahead as GDP, Income Reports are Coming Out!!!

Another important week for the U.S. economy, as more data will be revealed and accordingly investors will have the chance to further evaluate the current situation as well as the upcoming outlook, as recently signs of improvement started to show from different sectors which ignited hopes that the worst recession.... UWCFX
United World Capital Forex - Read More... [Source: Busy Week Ahead as GDP, Income Reports are Coming Out!!!]

UNITED WORLD CAPITAL Markets Will Continue To Rise

On August 13 I said that if economic data along with the Fed can be used as a guide, there was no.... UWCFX
United World Capital Forex - Read More... [Source: Markets Will Continue To Rise]

UNITED WORLD CAPITAL Technical Analysis Daily: USD/JPY

On Friday Dollar/Yen made a decreasing effort, reaching a bottom at 93.47, but a further bearish scenario was limited there and the currency couple rose to the 94.64 top, closing the week at 94.35. On the 1 hour chart the downward channel was broken upwards, signaling for potential bullish perspectives..... UWCFX
United World Capital Forex - Read More... [Source: Technical Analysis Daily: USD/JPY]

UNITED WORLD CAPITAL Mexican Peso Falls on Overpriced Speculations

After climbing for several weeks in a row, today the Mexican peso declined versus the greenback, on speculations that the current rates would be too high, attracting investors towards the U.S.(...)Read the rest of Mexican Peso Falls on Overpriced Speculations (78 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Mexican Peso Falls on Overpriced Speculations]

UNITED WORLD CAPITAL GBP/USD Daily Outlook

GBP/USD fall today, with 4 hours MACD dragged below signal line, suggests that recovery from 1.6274 might have completed at 1.6622 already. Break of 1.6375 will affirm this case and flip intraday bias back to the downside. Break of 1.6274 will bring fall resumption to key support at 1.5983. On.... UWCFX
United World Capital Forex - Read More... [Source: GBP/USD Daily Outlook]

Sunday, August 23, 2009

KRW/RUB

1 Russian Rouble = 39.34459 South Korean Won

Read More... [Source: UWCFX Associates]

UNITED WORLD CAPITAL The Weekly Bottom Line

Another August brings another Jackson Hole pilgrimage. Every year since 1978, the Kansas City Fed has hosted this annual symposium in Wyoming were central bankers, treasury officials, finance ministers, academics, and financial market participants from around the world congregate. The proceedings are kicked off with Fed Chairman Bernanke's speech, who.... UWCFX
United World Capital Forex - Read More... [Source: The Weekly Bottom Line]

UNITED WORLD CAPITAL Trade Desk Thoughts: Euro Snap-Shot

Trade Desk Thoughts:The last week of August trade is upon us, and we are now looking to only tra.... UWCFX
United World Capital Forex - Read More... [Source: Trade Desk Thoughts: Euro Snap-Shot]

UNITED WORLD CAPITAL Dollar Testing Support as Stocks Rally

The dollar and yen fell on Friday as stronger European purchasing managers' indexes and a jump in US existing home sales boosted risk appetite. Federal Reserve Chairman Ben Bernanke said economic activity appears to be leveling out, both in the United States and abroad, and the prospects for a return.... UWCFX
United World Capital Forex - Read More... [Source: Dollar Testing Support as Stocks Rally]

UNITED WORLD CAPITAL Canadian Dollar Hits 2-Week High on Stocks, Crude Oil

The Canadian dollar extended its yesterday’s gains today as optimism rose worldwide regarding the so much waited economic recovery, pushing commodities that influence loonie’s rates up.(...)Read the rest of Canadian Dollar Hits 2-Week High on Stocks, Crude Oil (73 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Canadian Dollar Hits 2-Week High on Stocks, Crude Oil]

UNITED WORLD CAPITAL U.S. Market Update

The currency price action remains dependent upon the direction of equities markets. Rising risk appetite was initially fueled by European PMI data earlier today and has been sustained by the US homes sales data. Both the USD and JPY were softer against the European and commodity-related pairs as a result.. UWCFX
United World Capital Forex - Read More... [Source: U.S. Market Update]

UNITED WORLD CAPITAL EUR/USD Outlook - August 24-28 2009

EUR/USD managed to close the week higher, sticking to the uptrend channel. This weeks German Ifo.... UWCFX
United World Capital Forex - Read More... [Source: EUR/USD Outlook - August 24-28 2009]

Tuesday, August 18, 2009

UNITED WORLD CAPITAL Hungarian Forint Climbs on German Confidence

The Hungarian currency posted significant gains today versus the euro and the dollar after a report in Germany indicated the highest rise in investors’ confidence in the wealthiest country in the European Union during the last three years.(...)Read the rest of Hungarian Forint Climbs on German Confidence (63 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Hungarian Forint Climbs on German Confidence]

UNITED WORLD CAPITAL EUR/GBP Daily Outlook

Intraday bias in EUR/GBP remains neutral for the moment as it's still staying below 0.8652. Some more consolidation might be seen but after all, downside is expected to be contained above 0.8484 support. Above 0.8652 will bring rally resumption to 0.8697 resistance. Break there will confirm whole rally from 0.8399.... UWCFX
United World Capital Forex - Read More... [Source: EUR/GBP Daily Outlook]

UNITED WORLD CAPITAL New York forex wrap-up; Turnaround Tuesday

* UKs Darling: Growth to return by late 2009 * US PPI falls 0.9%, ex-food and energy -0.1% .... UWCFX
United World Capital Forex - Read More... [Source: New York forex wrap-up; Turnaround Tuesday]

Monday, August 17, 2009

UNITED WORLD CAPITAL 1020 in S&P futures held as expected and moving lower = risk reduction in FX

Forex Daily Report for Monday 17th of August 2009.Market commentS&P 500 futures trading below 99.... UWCFX
United World Capital Forex - Read More... [Source: 1020 in S&P futures held as expected and moving lower = risk reduction in FX]

LVL/GBP

1 British Pound Sterling = 0.81598 Latvian Lats

Read More... [Source: UWCFX Associates]

UNITED WORLD CAPITAL Stocks Tumble, USD Soars Supported by Risk Aversion

USD is trading sharply higher supported by safe haven demand as global equity markets trade sharply lower and crude prices drop below $66 a barrel, US regulators closed five lenders which sparked concern about the outlook for financial markets, Colonial Bank group closed operations, Shanghai index falls over 5% pressured.... UWCFX
United World Capital Forex - Read More... [Source: Stocks Tumble, USD Soars Supported by Risk Aversion]

UNITED WORLD CAPITAL Negative News Fuel Yen�s Rally

The Japanese currency started another week gaining versus most of the main currencies as several domestic and international events spurred demand for refuge currencies, affecting negatively mainly currencies in Europe this Monday.(...)Read the rest of Negative News Fuel Yen’s Rally (179 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Negative News Fuel Yen�s Rally]

UNITED WORLD CAPITAL Technical Analysis Daily: GBP/USD

On Friday Pound/Dollar had a moderate decreasing momentum from 1.6606 to 1.6490, closing the week at 1.6537. On the 1 hour chart the Cable formed a secondary bearish channel indicating more potential descending pressure with possible test of 1.6330. Signals are descending in the short term, and neutral the medium.... UWCFX
United World Capital Forex - Read More... [Source: Technical Analysis Daily: GBP/USD]

UNITED WORLD CAPITAL U.S. Retail Sales Push Greenback Down

The dollar lost today versus most of the 16 main traded currencies as U.S retail sales dropped last month, surprising economists which expected a continuous growth following June’s figures.(...)Read the rest of U.S. Retail Sales Push Greenback Down (73 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: U.S. Retail Sales Push Greenback Down]

Sunday, August 16, 2009

UNITED WORLD CAPITAL Forex Traders' Weekly Preview Forecast

FOREXUSD: Ready to Rally?Outlook: BullishSummary"US Retail Sales disappoint and the U.... UWCFX
United World Capital Forex - Read More... [Source: Forex Traders' Weekly Preview Forecast]

UNITED WORLD CAPITAL CPI Signal inflation Risks Still Easing, While Confidence Signal Economy Remains Weak!

The worlds largest economy continues to show further signs of improvement from the worst recession since WWII, yet that improvement is still rather weak as the economy is still under pressure from the ongoing recession and the worst financial crisis since the Great Depression.. UWCFX
United World Capital Forex - Read More... [Source: CPI Signal inflation Risks Still Easing, While Confidence Signal Economy Remains Weak!]

UNITED WORLD CAPITAL EUR/GBP Weekly Outlook

Despite surging to as high as 0.8652 last week, EUR/GBP failed to sustain gain and retreated back towards the end. With 4 hours MACD crossed below signal line too, an intraday top should be formed. Initial outlook is turned neutral this week and some consolidations could be seen. But downside.... UWCFX
United World Capital Forex - Read More... [Source: EUR/GBP Weekly Outlook]

UNITED WORLD CAPITAL The Six Steps To Follow When Trading Forex

The Six Steps To Follow When Trading ForexLearning forex? Here are six golden rules to follow be.... UWCFX
United World Capital Forex - Read More... [Source: The Six Steps To Follow When Trading Forex]

UNITED WORLD CAPITAL EUR/USD Sinks After More Negative U.S. Data

The EUR/USD has dropped through our 3rd tier uptrend line after America's U of M Consumer Sentiment number came in weaker than expected. Today's pullback in consumer sentiment adds to yesterday's disappointing retail sales data. The battered American consumer is not making a return as quickly as analysts hoped due.... UWCFX
United World Capital Forex - Read More... [Source: EUR/USD Sinks After More Negative U.S. Data]

UNITED WORLD CAPITAL Brazil�s Real Worst Performer This Week

The Brazilian currency had its most negative performance in more than a month, making it the biggest loser this week among the 16 most traded currencies, as stocks declined worldwide.(...)Read the rest of Brazil’s Real Worst Performer This Week (80 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Brazil�s Real Worst Performer This Week]

UNITED WORLD CAPITAL USD/CHF Mid-Day Outlook

No change in USD/CHF's outlook. While another dip cannot be ruled out, we'd continue to expect downside to be contained by 1.0665 support. Above 1.0764 minor resistance will flip intraday bias back to the upside for 1.0883 and then 1.0993 resistance. Break there will solidify the case that USD/CHF has.... UWCFX
United World Capital Forex - Read More... [Source: USD/CHF Mid-Day Outlook]

Thursday, August 13, 2009

UNITED WORLD CAPITAL EUR/USD: New support and Resistance levels

The EUR-USD currency pair has bounced up off support at 1.4150 and is moving.... UWCFX
United World Capital Forex - Read More... [Source: EUR/USD: New support and Resistance levels]

UNITED WORLD CAPITAL Canadian Dollar Strengthens as Stocks Remain Bullish

The Canadian dollar was traded today at the highest level in this week as stocks and commodities continued to have a positive performance today, helping the loonie to remain strong versus the greenback.(...)Read the rest of Canadian Dollar Strengthens as Stocks Remain Bullish (62 words)Posted on Forex News.. UWCFX
United World Capital Forex - Read More... [Source: Canadian Dollar Strengthens as Stocks Remain Bullish]

UNITED WORLD CAPITAL Currency Pair Daily Forecasts

EUR/USD-market strategy can be a buy from the level 1.423$ To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines in a bullish direction and crossing below the zero line. In order to find the power of the market,.... UWCFX
United World Capital Forex - Read More... [Source: Currency Pair Daily Forecasts]

Wednesday, August 12, 2009

UNITED WORLD CAPITAL Robot is Back Online

. UWCFX
United World Capital Forex - Read More... [Source: Robot is Back Online]

Monday, July 27, 2009

UNITED WORLD CAPITAL Mid-Day Report: Dollar and Yen Soft, Little Reaction to New Home Sales

Dollar and yen remain generally soft for most of the day. The greenback breached 1.0784 low against Canadian dollar briefly while AUD/USD also broke last week's high to 0.8258 so far. EUR/USD also breached last week's high of 1.4290 earlier today. However, there is a lack of follow through price.... UWCFX

United World Capital Forex - Read More...

[Source: Mid-Day Report: Dollar and Yen Soft, Little Reaction to New Home Sales]

UNITED WORLD CAPITAL USDCHF Daily Forecast: July 28

USDCHF Forecast
.... UWCFX

United World Capital Forex - Read More...

[Source: USDCHF Daily Forecast: July 28]

Wednesday, July 22, 2009

UNITED WORLD CAPITAL Swiss Central Bank Attempts to Control Franc Gains

The Swiss central bank widened its foreign currency holdings in order to prevent the national currency to continue its rally, being the current foreign reserves in Switzerland the highest in twelve years.(...)Read the rest of Swiss Central Bank Attempts to Control Franc Gains (183 words)
Posted on Forex News.. UWCFX

United World Capital Forex - Read More...

[Source: Swiss Central Bank Attempts to Control Franc Gains]

UNITED WORLD CAPITAL Intra-day gbp/usd signal by acetraderfx.com

INTRA-DAY GBP/USD:

Last Update At 22 Jul 2009 23:28 GMT

Rate : 1.6458
Although sterling's reb.... UWCFX

United World Capital Forex - Read More...

[Source: Intra-day gbp/usd signal by acetraderfx.com]

UNITED WORLD CAPITAL Technical Analysis Daily: USD/JPY

Dollar/Yen showed a downward momentum on Tuesday, reached a bottom at 93.35, and closed the day at 93.73. The 94.35 level is a key resistance at this time, the break of which may reverse the current downward short term signals into upward. Our preferable scenario for now is still bearish,.... UWCFX

United World Capital Forex - Read More...

[Source: Technical Analysis Daily: USD/JPY]

Tuesday, July 21, 2009

UNITED WORLD CAPITAL AUD/USD Commentary and Trade Ideas

This pair again traded in the elevated area close to .82 but has since sold off modestly to .8120. .... UWCFX

United World Capital Forex - Read More...

[Source: AUD/USD Commentary and Trade Ideas]

Sunday, July 19, 2009

UNITED WORLD CAPITAL The EUR/USD Week Ahead - July 20 thru July 24

Technical charts? Earnings? Risk appetite? Want to know what will move the EUR/USD next week? .... UWCFX

United World Capital Forex - Read More...

[Source: The EUR/USD Week Ahead - July 20 thru July 24]

UNITED WORLD CAPITAL Dollar Slides as Optimism Attracts Investors to Yield

The U.S. dollar posted the weakest performance versus the euro since May as corporate earnings in North America came better-than-expect and U.S. government reports brought optimism to equities and currency markets, attracting investors to high-yielding options, consequently damping demand for the greenback.(...)Read the rest of Dollar Slides as Optimism Attracts Investors to Yield (184 words)
Posted on Forex News.. UWCFX

United World Capital Forex - Read More...

[Source: Dollar Slides as Optimism Attracts Investors to Yield]

UNITED WORLD CAPITAL Dow Update

Over the last week, dow has managed to gain almost 8% in just a week from monday to friday dow has.... UWCFX

United World Capital Forex - Read More...

[Source: Dow Update]

CNY/EUR

1 Eurozone Euro = 9.6353 Chinese Yuan

Read More...

[Source: UWCFX Associates]

UNITED WORLD CAPITAL Forex Weekly Outlook - July 20-24 2009

The upcoming week in forex trading has many important figures: Canadian rate decision, American.... UWCFX

United World Capital Forex - Read More...

[Source: Forex Weekly Outlook - July 20-24 2009]

Monday, July 13, 2009

UNITED WORLD CAPITAL USD Mixed, JPY Rises to Five Month High, GBP Declines

USD begins the week mixed posting modest losses against the EUR and CHF and gaining versus the GBP, GBP is pressured by concern about UK debt outlook, IMF says UK will not be able to budget for nest rescue package, JPY is trading higher supported by concern about the global.... UWCFX

United World Capital Forex - Read More...

[Source: USD Mixed, JPY Rises to Five Month High, GBP Declines]

UNITED WORLD CAPITAL GBP a Bit Weak in the Knees on Bank Worries

Directionality has again largely avoided the scene as we kick off a new week within the summer doldrums of July. In the USD crosses, the bearish reversal from the attempt above 1.4000 has so far failed to get confirmation, and EURJPY was typical of some of the JPY crosses -.... UWCFX

United World Capital Forex - Read More...

[Source: GBP a Bit Weak in the Knees on Bank Worries]

UNITED WORLD CAPITAL USD dips, JPY reverses gains as equities rally

USD starts the week mixed with the JPY trading at a five-month high and GBP trading lower. JPY was.... UWCFX

United World Capital Forex - Read More...

[Source: USD dips, JPY reverses gains as equities rally]

UNITED WORLD CAPITAL Banking Doubts Unsettle Sterling

There will be further speculation that the Bank of England will expand the quantitative easing programme. A sustained deterioration in international risk appetite would also undermine Sterling and trends in the banking sector will be watched very closely. Any evidence of further substantial debt write-offs could trigger substantial selling pressure..... UWCFX

United World Capital Forex - Read More...

[Source: Banking Doubts Unsettle Sterling]

UNITED WORLD CAPITAL New Zealand Dollar Weakens on Faltering Confidence

The New Zealand dollar is heading to the lowest rate in eight weeks against the yen and losing against the greenback, as global risk aversion is damping demand for the kiwi’s high-yield profile.(...)Read the rest of New Zealand Dollar Weakens on Faltering Confidence (190 words)
Posted on Forex News.. UWCFX

United World Capital Forex - Read More...

[Source: New Zealand Dollar Weakens on Faltering Confidence]

UNITED WORLD CAPITAL Weekly Forex Signals: EUR/JPY

Technical analysis shows the euro may continue its downtrend as MACD chart is giving us a selling signal by crossing the signal line to equilibrium level and RSI is in a clear downtrend. We have strong supply in the market as stochastic shows us the market movement and Bollinger gives.... UWCFX

United World Capital Forex - Read More...

[Source: Weekly Forex Signals: EUR/JPY]

Sunday, July 12, 2009

UNITED WORLD CAPITAL Forex Fundamental Outlook

The common currency failed to extend yesterday's gains as U.S. economic data released today were on the weak side, reinforcing the view the economic recovery is lagging. The big driver was a considerably weaker-than-expected July University of Michigan consumer sentiment number that printed at 64.6, down from 70.8 in June.... UWCFX

United World Capital Forex - Read More...

[Source: Forex Fundamental Outlook]

UNITED WORLD CAPITAL EUR/USD Weekly Outlook

EUR/USD turned into sideway trading after dipping to 1.3832 last week. From a short term angle, initial outlook is neutral this week and some consolidation might be seen. But after all, we's still favoring the bearish case that fall from 1.4196 is still in progress, hence, even in case of.... UWCFX

United World Capital Forex - Read More...

[Source: EUR/USD Weekly Outlook]

UNITED WORLD CAPITAL To watch this week EUR/USD, GBP/USD: Consolidation above support

Solid close of the week for the USD against the European currencies, so what can we expect this.... UWCFX

United World Capital Forex - Read More...

[Source: To watch this week EUR/USD, GBP/USD: Consolidation above support]

UNITED WORLD CAPITAL Weekly Review and Outlook: Yen Soared on Risk Aversion, Reversal Confirmed, When Will Dollar Follow?

The Japanese yen rallied sharply across the board last week as risk aversion was back to dominate the financial markets. We're talking about an overall -1.6% weekly fall in DOW to 8146 and -2.6% weekly fall in MSCI world index to 921.4 Commodities also tumbled sharply with CRB index dropping.... UWCFX

United World Capital Forex - Read More...

[Source: Weekly Review and Outlook: Yen Soared on Risk Aversion, Reversal Confirmed, When Will Dollar Follow?]

UNITED WORLD CAPITAL U.S. Dollar Rallies Against All Majors on Risk Aversion Wave

The greenback, as the dollar is often referred to, climbed versus virtually all of the 16 most traded currencies, as unfavorable economic reports worldwide brought risk aversion up among traders this week, favoring the low-yielding safety profile of the North American currency.(...)Read the rest of U.S. Dollar Rallies Against All Majors on Risk Aversion Wave [...]. UWCFX

United World Capital Forex - Read More...

[Source: U.S. Dollar Rallies Against All Majors on Risk Aversion Wave]

UNITED WORLD CAPITAL Afternoon Forex Overview

The Dollar was confined to small ranges in Europe today. For the opening level at 1.3910 EURUSD rose to 1.3950 after the US trade deficit was reported lower at $25Bln. The preliminary Michigan Sentiment Index for July was also reported lower at 64.6 versus 70.0 in the previous month. Cable.... UWCFX

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[Source: Afternoon Forex Overview]

Wednesday, July 8, 2009

UNITED WORLD CAPITAL Mid-Day Report: Markets Digest Recent Rally in Dollar and Yen

Yen and dollar turns sideway in early US session after strong rally earlier today. With no important economic data from US scheduled, some sideway trading might be seen in the currency markets in US session. But after all, further rally in dollar and yen is expected in general. Recovery in.... UWCFX

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[Source: Mid-Day Report: Markets Digest Recent Rally in Dollar and Yen
]

Tuesday, July 7, 2009

UNITED WORLD CAPITAL Bullish Euro Set To Fail?

Euro is leading the major pairs on a move against the Usd that gets them back into the 4 hour chart ranges, that were recently tested as support against the Usd. This is the initial U.S. based break that we are monitoring the pull-back of; if it holds support on.... UWCFX

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[Source: Bullish Euro Set To Fail?]

UNITED WORLD CAPITAL Yen Leads Weekly Gains on Safety Demand

The yen is this week’s best bet among traders, as speculations that a weak U.S. corporate earnings to be posted this week made Japanese investors to sell overseas assets and repatriate their capital to the Asian nation.(...)Read the rest of Yen Leads Weekly Gains on Safety Demand (125 words)
Posted on Forex News.. UWCFX

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[Source: Yen Leads Weekly Gains on Safety Demand]

UNITED WORLD CAPITAL Technical Analysis Daily: USD/JPY

Dollar/Yen made no significant movement on Monday, indicating indecisive and wavering market. The currency couple descended from the top 96.14 to the 94.70 bottom with nearly 150 pips. Descending scenario is preferable for the time being, with possible test of at least the 94.70 support level. In upward direction, yesterday's.... UWCFX

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[Source: Technical Analysis Daily: USD/JPY]

Monday, July 6, 2009

UNITED WORLD CAPITAL Recession Concerns Sets Dollar to Weekly Gain

The dollar is coming to this week’s end advancing against the euro and the pound, after a U.S. report indicated more job cuts than predicted, raising concerns that the global slump may be prolonged for an undetermined amount of time.(...)Read the rest of Recession Concerns Sets Dollar to Weekly Gain (180 words)
Posted on Forex News.. UWCFX

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[Source: Recession Concerns Sets Dollar to Weekly Gain]

UNITED WORLD CAPITAL Robot is Back Online

. UWCFX

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[Source: Robot is Back Online]

UNITED WORLD CAPITAL U.S. ISM Non-Manufacturing Index Continues Positive Trend

The ISM non-manufacturing index rose to 47 in June, beating expectations of a more muted rise to 46. The index rose to 44 in May. Today's report points to continued improvement in the U.S. services sector. The four consecutive months of increases in the headline number point to an emerging.... UWCFX

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[Source: U.S. ISM Non-Manufacturing Index Continues Positive Trend]

CZK/RUB

1 Russian Rouble = 0.58951 Czech Koruna

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[Source: UWCFX Associates]

UNITED WORLD CAPITAL USD getting stronger at expense of Gold

With commodities prices under pressure amid concerns about the outlook for demand, resource stocks.... UWCFX

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[Source: USD getting stronger at expense of Gold]

Sunday, July 5, 2009

UNITED WORLD CAPITAL USD/JPY Weekly Outlook

USD/JPY's rebound was short lived and was limited at 96.96 weakened again. The pair is still bounded in range above 94.87 and the development so far dampened the immediate bullish view that fall from 98.87 has completed at 94.87 already. We'll stay neutral for the moment. On the downside while.... UWCFX

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[Source: USD/JPY Weekly Outlook]

UNITED WORLD CAPITAL European Market Update

In Currencies: The USD encountered some retracement against the European pairs during the session following the gains on Thursday in the mist of the increase in risk aversion after the US payroll report. The EUR/USD recovered from the Asian lows of 1.3950 to hover around the 1.40 level throughout the.... UWCFX

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[Source: European Market Update]

CLP/EUR

1 Eurozone Euro = 754.3146 Chilean Peso

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[Source: UWCFX Associates]

UNITED WOLRD CAPITAL USDJPY Daily Forecast: July 06

The USDJPY didn't have significant movement on Friday, had only 43 pips movement indicating.... UWCFX

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[Source: USDJPY Daily Forecast: July 06]

Monday, June 29, 2009

UNITED WOLRD CAPITAL Eurozone: The Contraction of Retail Sales for the 13th Month in a Row

The Bloomberg Retail PMI showed a slight improvement, but still it could not lift the sector from contraction to expansion as the indicator is below 50 which refer to another decline and contraction in retail sales that the consumer plays a major role in determining its trend. . UWCFX

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[Source: Eurozone: The Contraction of Retail Sales for the 13th Month in a Row]

UNITED WOLRD CAPITAL Australian Dollar Down After Chinese Comments

The Australian dollar, often referred as the Aussie, fell for the first time in 5 days against the U.S. dollar and other currencies after China’s comments indicating that the greenback will continue to be the main world reserve currency, damping demand for the Australian dollar high-yielding profile.(...)Read the rest of Australian Dollar Down After Chinese Comments (173 words)
Posted on Forex News.. UWCFX

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[Source: Australian Dollar Down After Chinese Comments]

UNITED WOLRD CAPITAL Currency Technical Report

Euro moved sideways for the most of the day yesterday between 1,3900 and 1,4000. Later an upward reaction was formed and resistance at 1,3970-80 was breached and turned into a support. The rise today was resumed to 1,4050-60, where bears gained momentum and support at 1,3980-00 is likely to be.... UWCFX

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[Source: Currency Technical Report]

Sunday, June 28, 2009

UNITED WOLRD CAPITAL Moving Average Convergence Divergence

MACD, which stands for Moving Average Convergence Divergence, is a trend-following momentum.... UWCFX

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[Source: Moving Average Convergence Divergence]

UNITED WOLRD CAPITAL Dollar Declines on China Alternative Reseve Currency Demand

The Dollar ended the week losing against several major currencies after China declared this Friday that a supranational currency should be created for regulating international trade, damping demand for the greenback, which is currently the world main reserve currency.(...)Read the rest of Dollar Declines on China Alternative Reseve Currency Demand (172 words)
Posted on Forex News.. UWCFX

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[Source: Dollar Declines on China Alternative Reseve Currency Demand]

UNITED WOLRD CAPITAL Chart Of The Day: EUR/JPY

EUR/JPY, a daily chart of which is shown, has been consolidating right underneath the key 135.00 support/resistance level for the last week and a half, while still respecting a parallel uptrend channel that has been in place since late April. On a longer-term basis, a strong uptrend actually extends all.... UWCFX

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[Source: Chart Of The Day: EUR/JPY]

Tuesday, June 23, 2009

UNITED WOLRD CAPITAL USD Rally Forcefully Rejected Today

The GBP rally ended with a bang today after yesterday's reversal on very weak performance in bank stocks. It seemed the market was looking for an excuse to get out of the overbought currency , as credit for the GBP sell-off today was credit to the BoE's Dale's comments that.... UWCFX

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[Source: USD Rally Forcefully Rejected Today]

UNITED WOLRD CAPITAL Brazilian Real World Biggest Loser as Recession Concerns Rise

The Brazilian currency had the worst performance among the most traded currencies, as confused signals about the world economic situation increased risk aversion among traders, which are leaving high-yielding currencies to purchase safer assets.(...)Read the rest of Brazilian Real World Biggest Loser as Recession Concerns Rise (184 words)
Posted on Forex News.. UWCFX

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[Source: Brazilian Real World Biggest Loser as Recession Concerns Rise]

UNITED WOLRD CAPITAL UK: BBA Loans for House Purchases Beat Expectations!

Today in the United Kingdom, the British Bankers Association (BBA) released its loans for home purchases showing that it beat analyst expectations as they came in higher yet we are seeing that net mortgage lending posted the smallest rise since 2001. BBA loans for house purchases for the month of.... UWCFX

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[Source: UK: BBA Loans for House Purchases Beat Expectations!]

Monday, June 22, 2009

UNITED WOLRD CAPITAL USD/JPY Mid-Day Outlook

USD/JPY weakens mildly today but stays inside tight range of 95.51 and 97.18. Intraday outlook remains neutral for the moment. On the downside, below 95.51 will suggest fall from 98.87 is still in progress and could dip to 94.44 support. Nevertheless, as such decline is treated as the final leg.... UWCFX

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[Source: USD/JPY Mid-Day Outlook]

UNITED WOLRD CAPITAL How Real is the Inflation Threat?

Recent developments have raised concerns that the UK could be facing an upsurge in price inflation over the coming years. Since early March, oil prices have doubled; the economy has found a firmer footing; and broad measures of inflation expectations have shifted higher. The rise in some of the forward-looking.... UWCFX

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[Source: How Real is the Inflation Threat?]

UNITED WOLRD CAPITAL EUR/USD Mid-Day Outlook

Intraday bias in EUR/USD remains on the downside for the moment. Break of 1.3747 low will confirm that whole fall from 1.4337 has resumed and should then target trend line support (now at 1.3386) next. On the upside, however, above 1.4011 will flip intraday bias back to the upside and.... UWCFX

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[Source: EUR/USD Mid-Day Outlook]

UNITED WOLRD CAPITAL Dollar Strong Ahead of This Week's FOMC Meeting

Today has seen the dollar gain slightly against the euro, despite high Euro zone data and expectation of a quick recovery returning to trader's minds. The buck seems to be gaining on the back of poor economic estimates by the World Bank, which announced a 2.9% contraction in world economy..... UWCFX

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[Source: Dollar Strong Ahead of This Week's FOMC Meeting]

UNITED WOLRD CAPITAL Pound Falls on U.K. Home Prices Drop

The British pound fell against the U.S. dollar as a report indicated the first fall in U.K. home prices in five months, increasing risk aversion towards the pound sterling outlook.(...)Read the rest of Pound Falls on U.K. Home Prices Drop (225 words)
Posted on Forex News.. UWCFX

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[Source: Pound Falls on U.K. Home Prices Drop]

UNITED WOLRD CAPITAL Weekly Forex Signals: EUR/USD

Technical analysis shows the euro may continue its downtrend as MACD giving us a selling signal by crossing the signal line to MACD line downwards RSI breaks 70% line and is in a downtrend. We have strong supply in the market as stochastic shows us the market movement and Bollinger.... UWCFX

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[Source: Weekly Forex Signals: EUR/USD]

UNITED WOLRD CAPITAL Pound Drops After Rise in Unemployment

The pound posted losses versus the main currencies after a bearish day in the stock market followed by a rise in the United Kingdom unemployment figures, damping demand for the British currency.(...)Read the rest of Pound Drops After Rise in Unemployment (186 words)
Posted on Forex News.. UWCFX

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[Source: Pound Drops After Rise in Unemployment]

Sunday, June 21, 2009

UNITED WOLRD CAPITAL Canadian Dollar Falls as Stocks Decline

The loonie had a third week of losses as a fall in U.S. stocks and crude oil decreased the attractiveness for the high-yielding profile of the Canadian currency.(...)Read the rest of Canadian Dollar Falls as Stocks Decline (250 words)
Posted on Forex News.. UWCFX

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[Source: Canadian Dollar Falls as Stocks Decline]

UNITED WOLRD CAPITAL U.S. Market Update

In currencies, the greenback maintained a tone of consolidation tone during the New York session despite firmer equities, with EUR/USD unable to capitalize on higher gold or oil prices. CAD retraced its earlier strength and moved above the 1.13 level following the weaker than expected Canadian retail sales data. The.... UWCFX

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[Source: U.S. Market Update]

Thursday, June 18, 2009

CYP/RUB

1 Russian Rouble = 0.01543 Cyprus Pound

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[Source: UWCFX Associates]

UNITED WOLRD CAPITAL Philly Fed Survey Roils Dollar

A surprise jump in the Philadelphia Fed report of business expectations was taken as a complimentary measure in support of the first downturn in continuing jobless insurance claims. The dollar, which was already having a sloppy session, turned decidedly lower and hit $1.40 against the euro. In the same vein.... UWCFX

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[Source: Philly Fed Survey Roils Dollar]

UNITED WOLRD CAPITAL Poor Data Undermines Sterling

Confidence in the UK economy should still be relatively resilient in the short term which will provide currency support, but the weaker than expected retail sales and government borrowing data will certainly make it more difficult for the currency to make any headway. Sterling will also be much more vulnerable.... UWCFX

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[Source: Poor Data Undermines Sterling]

UNITED WOLRD CAPITAL Pound Slides on Unexpected Negative Data

Retail sales dropped in May for the first time in three months, a fact that was not predicted by analysts, weighing negatively on the pound outlook for this Thursday making it to lose ground against the greenback and the euro.(...)Read the rest of Pound Slides on Unexpected Negative Data (194 words)
Posted on Forex News.. UWCFX

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[Source: Pound Slides on Unexpected Negative Data]

UNITED WOLRD CAPITAL Markets Watching EURCHF

The USD was stable in the Asian session, on light volumes. The EURUSD and USDJPY traded in relatively tight ranges of 1.3920-1.3970 and 95.60-96.00, respectively, despite the fact that general risk appetite continues to struggle. Mounting negative news has yet to see follow through into the USD, making us consider.... UWCFX

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[Source: Markets Watching EURCHF]

Wednesday, June 17, 2009

UNITED WOLRD CAPITAL Eur/Usd Trading in a Channel

The Eur/Usd has been in a tight trading range since yesterday the pair has challenged the 1.3930.... UWCFX

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[Source: Eur/Usd Trading in a Channel]

CZK/USD

1 US Dollar = 19.16727 Czech Koruna

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[Source: UWCFX Associates]

UNITED WOLRD CAPITAL USDJPY: Maintaining Downside Bias Nearer Term

Having broken back into its broken falling channel and 200 daily ema , USDJPY continues to face downside weakness testing a low of 95.96 in early trading today. Further down, supports are located at the 94.45 level, its Jun'01'09 high with a turn below there allowing for further losses towards.... UWCFX

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[Source: USDJPY: Maintaining Downside Bias Nearer Term]

UNITED WOLRD CAPITAL Dollar Falls Slightly as Interest Rate Speculations Grow

The dollar posted slight losses against currencies like the Singaporean dollar and the yen after speculations that the Fed will not increase its interest rates this year eased the optimist outlook for the North American currency this Wednesday.(...)Read the rest of Dollar Falls Slightly as Interest Rate Speculations Grow (173 words)
Posted on Forex News.. UWCFX

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[Source: Dollar Falls Slightly as Interest Rate Speculations Grow]

UNITED WOLRD CAPITAL Technical Analysis Daily: USD/JPY

Dollar/Yen made significant descending movement yesterday with around 120 pips. On the 1 hour chart is seen that the triangle formation was penetrated downwards, suggesting likely descending scenario. Short term signals are bearish with objectives towards the region of 95.65. Immediate support is seen in 95.95. The nearest resistance is.... UWCFX

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[Source: Technical Analysis Daily: USD/JPY]