Forex Analysis by Muhammad Kazim

[muhammad kazim]

G7, IMF Concerns About Financial Crisis Shift To Forex Mkts

Global financial leaders turned the spotlight on currency markets over the weekend, seeking to restore market stability and prevent the financial crisis from taking another turn for the worse
The Group of Seven leading industrial nations held back from unveiling bold new actions aimed at combating the crisis at their meeting Friday, though they committed to a range of regulatory changes that could reshape the workings of the financial system in years to come

 

[muhammad kazim]

oil resume its trend

Oil Prices High Because Of Weak Dollar OPEC has no plans to adjust its oil production before September, despite signs that record high oil prices have begun to sharply hit demand, because the U.S. dollar's slide is the primary factor driving crude prices in today's market, the group's president said Saturday.

 

[BizClub]

ntah la..byk tul thread dia ni buka...

 

[naztreo]

thanks on your opinion,

pada pakcik,
berdasarkan pada harga tutup last Friday
pakcik jangkakan in weekly GU insyallah
akan touch pada 2.0000

jangkaan spt di bawah (BUY):

H4 - (SL)1.9613, (TP)1.9802 till 1.9853
Daily - (SL)1.9598, (TP)1.9807 till 1.9898
Weekly - (SL)1.9568, (TP)1.9958 till 2.0000

SL - Stop Loss
TP - Take profit

mari kita sama2 tunggu & lihat ke mana arah sebenarnya GU ni.

SJ

www.fk-forextreme.com

 

[muhammad kazim]

Gold Recovers 1.1% Dip as Stocks Slide

SPOT GOLD moved sideways in London trade early Friday, recovering last night's US close near $929 per ounce after a 1.1% fall, as finance ministers from the G7 group of seven richest economies met in Washington to discuss the on-going global banking crisis.

 

[muhammad kazim]

EUR USD - Technical View

EUR USD is in a consolidation after the last bullish movement. EUR USD is in a range between 1,5675 and 1,5900. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 1,5675 / 1,5900 range. . The risk/reward ratio is too high to take a position..

 

[muhammad kazim]

GBP-Technical view.

1,9869. GBP USD broke 1,9780 resistance. The volatility rises. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should consolidate. The price should find a resistance below 1,9900.. The risk/reward ratio is too high to take a position..

 

[muhammad kazim]

USD CHF Technical view

USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a support above 0,9900. If the support is broken then the target will be 0,9650

 

[muhammad kazim]

EUR JPY - summary

159,75. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 158,30 / 160,10 range.. The risk/reward ratio is too high to take a position

 

[muhammad kazim]

Sterling Currents.

The GBP/USD fell 0,3% to 1,9730 after UK house price survey showed the lowest reading in its 30−year history. The report reinforced concerns that the BoE will keep cutting rates.

GBP/USD trades in a tapered triangle. After it broke through the old support level at 1,9723 the new support level could be at 1,9647. The down adjustment of the horizontal side of the tapered triangle could be a sign for further down potential.