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21 October 2008 year (time zone GMT 00:00)  Number of sources in English: 4957
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USD/CAD Mid-Day Outlook

21.10.2008 23:41    actionforex.com
USD/CAD's rally resumes and is back pressing 1.2129 high in early US session. At this point, intraday bias remains on the upside as long as 1.1940 minor support holds. Break of 1.2129 will confirm that medium term up trend from


USD/CHF Mid-Day Outlook

21.10.2008 23:41    actionforex.com
USD/CHF edges further higher to 1.1561 in early US session and at this point, intraday bias remains on the upside as long as 1.1447 minor support holds. Further rise is expected to 1.1596 medium term resistance. On the downside, below

Currency Technical Report

21.10.2008 23:41    actionforex.com
The short term sideways consolidation has been broken downwards, and euro moved until 1,3280-00 area, close to previous lows. This indicates that bears still dominate and a move to new lows is possible. Next targets are found at 1,3050-00 and

Technical Analysis Daily: USD/JPY

21.10.2008 23:41    actionforex.com
The US Dollar traded slightly higher yesterday against the Japanese Yen. The currency couple reached a a top 102.42 and closed at 102.13. We still have positive channels at the one and four hour charts. The longer the bottom limits


Daily Technical Strategist

21.10.2008 23:41    actionforex.com
Failed recovery off the 1.3786/69 levels(Oct 09 & 14'08 highs) continues to yield losses pushing EUR lower to close at 1.3344 on Monday and opening Tuesday session on the downside attacking the 1.3259 low. A decisive break and hold below

USD/JPY Mid-Day Outlook

21.10.2008 23:41    actionforex.com
USD/JPY's fall from 102.41 extends further to 100.71 but after all, it's still staying in range of 99.27 and 103.06. Outlook remains neutral for the moment. Price actions from 97.92 is still treated as consolidation in the whole fall from

Mid-Day Report: Dollar and Yen Rallies Continue, BoC Cut 25bps Only

21.10.2008 23:41    actionforex.com
Dollar extends rally is early US session with dollar heading closer to 84 level. EUR/USD's break of 1.3258 low earlier today triggered some stop orders on long positions which aided dollar's rally. In addition, Euro is pressured by renewed speculations

FX Thoughts for the Day

21.10.2008 23:41    actionforex.com
GBP-USD @ 1.6979/82... Could slip towards 1.6550 Resistance at 1.72 has resulted in a sharp dip during the day. The pair then saw a bounce back towards 1.71. Fresh selling there has once again resulted in a dip towards 1.7030

GBP/USD Mid-Day Outlook

21.10.2008 23:41    actionforex.com
GBP/USD's fall from 1.7630 continues in early US session and reaches a slow as 1.6959 so far. At this point, intraday bias remains on the downside as long as 1.7199 minor resistance holds. Retest of 1.6786 should be seen and

EUR/USD Mid-Day Outlook

21.10.2008 23:41    actionforex.com
As discussed before, EUR/USD's break of 1.3258 low confirms that fall from 1.4867 has resumed. At this point, intraday bias remains on the downside as long as 1.3333 minor resistance holds. Further decline is still expected towards next long term

Interest Rate And Growth Concerns Growing For Euro And British Pound

21.10.2008 23:41    actionforex.com
Concerns over the immediate impact of the financial crisis have tapered off over the past few weeks, but its longer-term implications continue to weigh on economies that were deemed otherwise immune to the US slowdown. The Euro Zone and UK

GBP/JPY Mid-Day Outlook

21.10.2008 23:41    actionforex.com
GBP/JPY's recovery was limited at 179.19 and weakens again. With 4 hours MACD dragged below signal line again, intraday bias is flipped back to the downside. Break of 170.39 will indicate that fall from 181.37 has resumed for retesting 165.97

Elliott Wave - USD/CHF

21.10.2008 23:41    actionforex.com
Traders we came out with a new wave count on the swissy chart. The price structure on the daily chart is looking like a diagonal triangle in the possible wave I/A with possible higher targets than the current highs. Below

British Pound Likely Bottoms Before 1.6775

21.10.2008 23:41    actionforex.com
The EURUSD is extremely weak. Remaining below 1.3535 keeps the extremely bearish count shown above on track. Fibonacci extensions place the target area for a 3rd of a 3rd wave down (within the 5 wave drop from 1.60+) at 1.1437-1.1764.

Euro Crosses: Setups across the Board

21.10.2008 23:41    actionforex.com
There are longer term bullish setups in the Euro / commodity crosses. Now is a good time to take a longer term perspective. Near term, the Fibonacci support zone (of the rally from .6535 to .8192) does not begin until

Chart Of The Day: USD/CAD

21.10.2008 23:41    actionforex.com
As of mid-Tuesday (New York session), price on the USD/CAD 4-Hour chart, as shown, has just tentatively surpassed a major top that represents the three-year high in the pair. Price broke through the key 1.2000 level and reached up past

British home buyer finds he cant go home - without parachute

21.10.2008 23:41    abcmoney.co.uk
London - Ashley Parsons knew hed have some major tasks ahead of him when he purchased a fixer-upper home near Somerset. It never occurred to him that one of those major tasks would be finding a way to access his

London Stock Exchange quotations 21 October 2008

21.10.2008 23:41    abcmoney.co.uk
London - Closing prices in pence on the London Stock Exchange. In brackets movement against previous quotation....

Non-Deliverable Forward or NDF

21.10.2008 22:14    nobletrading.com
Non-deliverable forwards or NDFs are forward contracts on financial instruments (usually on foreign currencies) which are cash settled and do not involve the delivery of underlying instrument. NDFs are widely traded for non-convertible or thinly traded or futures trading banned

Apple's profit up 26 percent on iPhone boom

21.10.2008 22:10    pr-inside.com
PR-inside.com) SEATTLE (AP) - Apple Inc. said its profit jumped 26 percent in its fiscal fourth quarter as the newest iPhone 3G outsold the market-leading BlackBerry from Research in Motion Ltd. For the three months ended Sept. 27, Apple's profit

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