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Newsletter US session 13/11/07
By: AKforex - 13-11-2007
0votesA) CALENDAR
-GMT 14:00 USA Pending Homes Sales (Sep) EST -2.0% PREVIOUS -6.5%
B) SUPPORT-RESISTANCE
EURO/USD USD/JPY GBP/USD
R3 1.4720 111.40 2.0800
R2 1.4670 111.00 2.0755
R1 1.4625 110.40 2.0715
S1 1.4575 109.70 2.0640
S2 1.4520 109.40 2.0585
S3 1.4480 109.10 2.0490
C) WATCH
-Interest Rates
-GMT 14:00 USA Pending Homes Sales
D) TRADING TIPS
BASIC CANDLESTICKS
There are different Doji candlesticks that are important. The Long-legged Doji has long upper and lower shadows and reflects considerable indecision on the part of market participants. The Gravestone Doji has only a long upper shadow and no
lower shadow. The longer the upper shadow, the more bearish the interpretation. The Dragonfly Doji is the opposite of the Gravestone Doji, the lower shadow is long and there is no upper shadow. It is usually considered quite bullish.
Next Analysis: U.S. Dollar Trading weakened against a basket of currenciesContent Provided by:
AKforex
AKforex offers online forex trading as an Introducing Broker for Royal Division of IKON GM.The Royal Division is part of IKON GLOBAL MARKETS, Inc. a member of the National Futures Association (NFA) and registered with the Commodity Futures Trading Commission (CFTC) as a Forex Dealer Member/Futures
DISCLAIMER:
While AKFOREX attempts to ensure the accuracy of these data by using sources it believes to be reliable, release dates, times, items included and content are frequently subject to change, error and ommissions. These data shall not be construed as a recommendation to buy or sell any security. AKFOREX shall not assume any legal liability or responsibility for any incorrect, misleading or altered information contained herein.
Our trading platform provides sophisticated order entry and tracking of orders. All stop-loss, limit and entry orders are guaranteed against slippage except in extraordinary volatile market conditions. Trading on-line, no matter how convenient or efficient does not necessarily reduce risks associated with currency trading.
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