United World Capital Forex Trading

Tuesday, January 5, 2010

UNITED WORLD CAPITAL USD/JPY Mid-Day Outlook

With 4 hours MACD crossed below signal line, an intraday top is in place at 93.20 and bias is turned neutral for the moment. Nevertheless, there is no indication that rise from 87.36 has completed yet. Break of 100% projection of 84.81 to 90.75 from 87.36 at 93.30 will target.... UWCFX
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UNITED WORLD CAPITAL Video Weekly Outlook on Forex TV

On an appearance on Forex TV, Julie Sinha interviewed me about the outlook for this week. Ive.... UWCFX
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AED/USD

1 US Dollar = 3.6725 United Arab Emirates Dirham

UNITED WORLD CAPITAL EUR/GBP Mid-Day Outlook

EUR/GBP's strong rebound from 0.8855 and break of 0.8975 minor resistance indicates that recent decline is not ready to resume yet and consolidations from 0.8833 is still in progress. Intraday bias is turned neutral for the moment. While some more rise could be seen, break of 0.9053 resistance is needed.... UWCFX
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UNITED WORLD CAPITAL Norwegian Krone At 12-Month High Versus Euro on Oil

The Norwegian krone benefited today from a high rise in the crude oil rates, as Norway is one of the main suppliers of energy for the European Union, helping its currency to gain sharply versus the euro in foreign-exchange markets.(...)Read the rest of Norwegian Krone At 12-Month High Versus Euro on Oil (62 words)Posted on Forex News.. UWCFX
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Monday, January 4, 2010

UNITED WORLD CAPITAL Stocks Improve after Data Released from the Manufacturing Sector

The Institute of Supply Management released its Manufacturing report that topped market estimates as the monthly December; the report showed improvement in the sector reached 55.9 coming in above the previous and the expected 53.6 and 54.3 respectively. The manufacturing sector showed expansion in the month of August, 2009 and.... UWCFX
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UNITED WORLD CAPITAL Ben Bernanke's Choice

There is a modest recovery underway in the American economy. The Federal Reserve can no longer avoid the looming choice on interest rates and the money supply. Since the sub-prime crisis began Chairman Bernanke has been the consistent champion of monetary easing. Under his leadership, the Federal Open Market Committee.... UWCFX
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