|

Add to Favorites

Forex

Futures

Spread Betting

CFD's

The Fusion Media Network:

Fundamental

Technical

Futures

Central Banks

Forex Brokers

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=af78d5b1' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=201&what=bannerid:398&n=af78d5b1' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a6d84836' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=181&what=bannerid:309&n=a6d84836' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a4c834ed' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=204&what=bannerid:417&n=a4c834ed' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a72a0668' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=250&what=bannerid:604&n=a72a0668' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=aebed4f4' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=259&what=bannerid:579&n=aebed4f4' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a08107bf' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=263&what=bannerid:596&n=a08107bf' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=abba7dad' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=216&what=bannerid:462&n=abba7dad' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a755b3b9' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=212&what=bannerid:434&n=a755b3b9' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a65abcee' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=20&n=a65abcee' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=ab6fa4c4' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=178&what=bannerid:287&n=ab6fa4c4' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=aa59d8a1' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=266&what=bannerid:607&n=aa59d8a1' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a9f62d12' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=197&what=bannerid:370&n=a9f62d12' border='0' alt='' /></a>

Trading Tools

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a8148999' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?zoneid=42&n=a8148999' border='0' alt='' /></a>

On the forex market there is again new pressure against the dollar

By:

FS Team

19-11-2007

0

votes

View Comments (0)

Previous Analysis | Next Analysis

	Text Size
	Print
	Email
	Add a Comment

EUR/USD (1.4674)

European & US sessions forecast levels: 1.4580/1.4750

Trend Sessions: European – Neutral/Upward

US – Neutral

Market Focus: 8:30 AM Treasury Secretary Paulson Speaks. Oil Prices and the rumours about US housing sector crisis.

Daily Strategy: The dollar is under pressure by the high oil prices and the concerns that the crisis with the oil and US mortgage sector will deep. For today the expectations are for trading up above 1.47. There are chances for test of 1.4750. The break above 1.4750 will signal 1.50 to the end of December 2007. The trading strategy today is open long positions, as buy on dips.

USD/JPY (110.44)

European & US sessions forecast levels: 109.40/111.15

Trend Sessions: European – Downward/Neutral

US – Neutral/Upward

Market Focus:

Daily Strategy: The yen will continue slowly to take advance against the dollar today. It is expecting break below 110 levels today. At the levels below 110.00 the dollar will find support but for the moment this support is not strong and the yen gains could continue. As overall we recommend opening long positions at the levels below 110.00 today.

Share:

Digg

Del.icio.us

Next Analysis: USD weaker as Fed warns on future rate cuts. Rebounding stocks reignite carries

Content Provided by:

Leading Forex Agency, Top Stories, Breaking News and Live Forex Signals.

Comments

Become a member and get 6 free Forex courses by OTA!

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a2ce5364' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?zoneid=46&n=a2ce5364' border='0' alt='' /></a>

Webinar

Charts

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a2ce5364' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?zoneid=46&n=a2ce5364' border='0' alt='' /></a>

Survey

How important it is for you to be able to save your chart sessions on our site?

	Weekly Analysis		Forex Lessons
	Site Updates

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a2ce5364' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?zoneid=46&n=a2ce5364' border='0' alt='' /></a>

Special Offers:

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a88fc306' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=108&n=a88fc306' border='0' alt='' /></a>

<a href='http://cads.forexpros.comwww/delivery/ck.php?n=a4434995' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=192&what=bannerid:351&n=a4434995' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=adef65d6' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=98&n=adef65d6' border='0' alt='' /></a>

Browse The Entire ForexPros.com Site:

News

Charts

Quotes

Forex To Go

Forex Analysis

Languages

Forex Brokers

Fund Managers

Forex Trading Software

Education

Trading Tools

2007 Fusion Media Limited. All Rights Reserved About Us | Advertise | Affiliate Program | Link To Us | Webmaster Tools | Write to us | Contact Us
Risk Warning | Terms And Conditions | Privacy Policy

Risk Disclosure: Trading on margin involves high risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you before deciding to trade you should carefully consideryour investment objectives, level of experience, and risk apetite. There is always a relationship between high reward and high risk. Any type of market or trade speculation that can yield an unusually high return on investment is subjected to unusually high risk.