United World Capital Forex Trading

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
United World Capital Forex - Read More... [Source: Australia Q3 Import, Export Prices Decline]

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]