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Finotec News Archive - October 25 2007

In Depth Analysis

NZD/USD -Will NZD break the strong resistance? - Finotec Analysis Team

Commodities News

Oil Trades at Record Above $90 On Supply Worries - Those worries deepened after Algeria's oil minister said that OPEC is unlikely to discuss any further increase to its oil output when the group meets informally in Saudi Arabia next month

Gold gains on oil rally, Dollar Weak - Gold jumped more than 1 percent on Thursday to trade just below a 28-year high, as surging oil prices and a weaker dollar attracted speculators and investors

Forex Pairs Daily Analysis

The Swiss Is Near To Oversold Area - The market strategy is to buy a break of 1.1680

Euro Close To Overbought Level - The Market strategy is to by deep at 1.4250 with tight stop. Sell a break of support level 1.4200

GBP loosing Strength - The market strategy is selling at 2.0490 to next target of 2.0320 with tight stop loss.

Hourlies Shows Downtrend - The market strategy is selling at 114.50 targeting to 113.80

Forex Daily Analysis

Dollar Flirts With Record Low versus Euro - The dollar traded near an all-time low against the euro on Thursday as investors debated the size of an expected Federal Reserve interest rate cut next week after soft durable goods data pointed to sluggish growth. The Dollar is trading around the le

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Real Time Forex Calendar

Event Date

CBI Industrial Trends Orders(GBP)	19.11.2008 11:00
MPC Meeting Minutes(GBP)	19.11.2008 09:30
Leading Index m/m(CAD)	19.11.2008 13:30
Building Permits(USD)	19.11.2008 13:30
Core CPI m/m(USD)	19.11.2008 13:30
CPI m/m(USD)	19.11.2008 13:30
Housing Starts(USD)	19.11.2008 13:30
Crude Oil Inventories(USD)	19.11.2008 15:35
FOMC Meeting Minutes(USD)	19.11.2008 19:00
PPI m/m(EUR)	20.11.2008 07:00
Trade Balance(CHF)	20.11.2008 07:15
Retail Sales m/m(GBP)	20.11.2008 09:30
Public Sector Net Borrowing(GBP)	20.11.2008 09:30
Wholesale Sales m/m(CAD)	20.11.2008 13:30
Unemployment Claims(USD)	20.11.2008 13:30
Treasury Sec Paulson Speaks(USD)	20.11.2008 00:00
Consumer Spending m/m(EUR)	21.11.2008 07:45
Interest Rate Statement(JPY)	21.11.2008 00:00
Manufacturing PMI(EUR)	21.11.2008 08:00
Services PMI(EUR)	21.11.2008 08:00
Manufacturing PMI(EUR)	21.11.2008 08:30
Services PMI(EUR)	21.11.2008 08:30
Manufacturing PMI(EUR)	21.11.2008 09:00
Services PMI(EUR)	21.11.2008 09:00
Italian Retail Sales m/m(EUR)	21.11.2008 09:00
Core CPI m/m(CAD)	21.11.2008 12:00
CPI m/m(CAD)	21.11.2008 12:00

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