United World Capital Forex Trading: October 2009

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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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]