Daily Forex Forecast

By May 01, 2007 08:00PM ET

www.investing.com/analysis/%CE%91%CE%B3%CE%BF%CF%81%CE%AC-%CE%A3%CF%85%CE%BD%CE%B1%CE%BB%CE%BB%CE%AC%CE%B3%CE%BC%CE%B1%CF%84%CE%BF%CF%82:-to-eur-%CE%B5%CE%BD%CE%B9%CF%83%CF%87%CF%8D%CE%B5%CF%84%CE%B1%CE%B9----2-%CE%9F%CE%BA%CF%84%CF%89%CE%B2%CF%81%CE%AF%CE%BF%CF%85-2012-2490

Daily Forex Forecast

By | May 01, 2007 08:00PM ET

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FXDREAM EUR/USD
Date: Wed, 2 May 2007 13:10:05
Resistance levels: 1.3600/1.3625/1.3680
Support levels: 1.3560/1.3540/1.3525

EUR/USD has hold above 1.3560 Asia low earlier today before the US Factory Orders at 14:00 GMT. No change in our view. The bias is neutral currently with further squeeze lower towards 1.3540 key Support possible later today. Below 1.3540 may signal reversal in the sentiment and fall down towards 1.3400 and lower in mid and longer term. On the upside, first immediate Resistance comes in the 1.3600-25 area. A break again beyond this region is needed for retest of 1.3683 record high. Price is likely to remain ranged for the next couple of days before the important US Non-Farm Payrolls numbers on Friday.

Strategy-neutral.

FXDREAM GBP/USD
Date: Wed, 2 May 2007 13:10:04
Resistance levels: 1.9930/1.9970/2.0030
Support levels: 1.9870/1.9820

GBP/USD has fallen back below 1.9900 earlier today as it was suggested..Further squeeze lower towards 1.9870-65 bottom area later todaymay be seen and even 1.9820 in mid term. On the other side, first immediate Resisatnce comes around 1.9930. In mid term a rise above 1.9970 first Resistance is needed for reversal towards .2.0030 and 2.0075 yesterday high.

Strategy-neutral.

FXDREAM USD/JPY
Date: Wed, 2 May 2007 13:10:03
Resistance levels: 120.25/120.55/120.75
Support levels: 119.55/119.30/118.90

USD/JPY has risen further up to 120.25 earlier today. No change in our view. The uptrend remains intact for further squeeze higher towards 120.55 and even 120.75 previous high over today and tomorrow. On downside, first Support comes around 119.55 Asia low ahead of 118.88 bottom. Look to buy on pullback for test of 120.55 and higher.

Strategy-neutral.

FXDREAM USD/CHF
Date: Wed, 2 May 2007 13:10:02
Resistance levels: :1.2185/1.2235/1.2285
Support levels: 1.2130/1.2090/1.2040

USD/CHF has tested 1.2180 important Resistance earlier today after stronger than expected ISM Manifacturing index from USA yesterday . The bias has reversed for further upmove towards 1.2236-40 area later today and 1.2280-85 previous high area in mid term.. On downside, first important Support comes around 1.2100-2090 area. Below may turn price back in the 1.2100-1.2000 range. Look to buy on pullback towards 1.2100 for test of 1.2235-50 area over the next couple of days.

Strategy-neutral.

FXDREAM EUR/JPY
Date: Wed, 2 May 2007 13:10:01
Resistance levels: 163.25/163.50
Support levels: 163.00/162.40/161.70

The Cross has retested 163.25 record high earlier today.. As long as price is above 162.40-30 bottom and Support area the uptremd remains intact for further rise towards 163.50-60 area in mid term..First immediate Resistance comes around 163.00. On the other side, below 163.00 immediate Support may signal test of 162.40 key Support over the next trading sessions.

Strategy-neutral.

Daily Technical Strategy By Lloyds TSB Corporate Markets - Jan 05, 2009

EUR/USD:Broader themes may have to take a back seat for a couple of weeks, but the bias remains broadly dollar negative. Re-try a small buy against 1.3430 support, stop 1.3380,...

Technical oscillators supporting the~bullish trend for the USD/CHF... By Finotec - Jan 05, 2009

USD/CHF – Market strategy is bullish, buying from the 1.1180~levelUSD/CHF-market strategy can be a buy from the level 1.1180Technical oscillators supporting the bullish trend...

January 06 analysis By Investija - Jan 05, 2009

In this PDF you will find the latest technical analysis published by Forex Trends

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Central Banks

Interest Rates

Next Meeting

FED

4.50%

Mar 19, 2025

ECB

2.90%

Mar 06, 2025

BOE

4.50%

Mar 20, 2025

SNB

0.50%

Mar 20, 2025

RBA

4.10%

Apr 01, 2025

BOC

3.00%

Mar 12, 2025

RBNZ

3.75%

Apr 09, 2025

BOJ

0.50%

Mar 19, 2025

CBR

21.00%

Mar 21, 2025

RBI

6.25%

Mar 10, 2025

PBOC

3.10%

BCB

13.25%

Mar 19, 2025

US 30	43,776.5	+536.4	+1.24%
US 500	5,946.9	+85.2	+1.45%
Dow Jones	43,840.91	+601.41	+1.39%
S&P 500	5,954.50	+92.93	+1.59%
Nasdaq	18,847.28	+302.86	+1.63%
S&P 500 VIX	19.63	-1.50	-7.10%
Dollar Index	107.56	+0.38	+0.35%

Crude Oil WTI	69.76	-0.59	-0.84%
Brent Oil	72.81	-0.76	-1.03%
Natural Gas	3.834	-0.100	-2.54%
Gold	2,862.20	-47.50	-1.63%
Silver	31.346	-0.606	-1.91%
Copper	4.5690	-0.0680	-1.51%
US Soybeans	1,011.50	-11.25	-1.10%

U.S. 10Y	4.202	-0.063	-1.41%
U.S. 30Y	4.484	-0.053	-1.10%
U.S. 5Y	4.010	-0.067	-1.72%
U.S. 3M	4.299	-0.002	0.00%
US 10Y T-Note	111.06	+0.45	+0.41%
Euro Bund	133.19	+0.30	+0.23%
10-2 Yield Spread	17.88	-1.73	-8.82%

Apple	241.84	+4.54	+1.91%
Alphabet A	170.28	+1.78	+1.06%
Tesla	292.98	+11.03	+3.91%
Amazon.com	212.28	+3.54	+1.70%
Netflix	980.56	+17.49	+1.82%
Meta Platforms	668.20	+9.96	+1.51%
Bank of America	46.10	+1.98	+4.49%

Daily Forex Forecast

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