Tuesday, February 5, 2008

Today's Forex Market...

Hi Traders

I hope that you have a good trading day...
What's happen Today on Forex Market...
The Sterling (GBP) rose the most against the dollar in more than a week and climbed versus the EUR as a rally in European and Asian stocks spurred demand for higher- yielding currencies. Today’s House price index may re-confirm a slowing housing market and hence raise expectations for a rate cut to take place on THU...
USD/CHF-The pair has started to accumulate bullish momentum as the 1.0900 level was breached. The 4 hour slow stochastic is showing a growing bullish momentum as the daily chart supports the bullish notion. A breach through 1.0940 will validate this move and might take the pair back to the 1.1000 levels again....

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Regards
Forex.DelijaWorld.com

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