FOREXYARD: Forex News Blog

---

Market Trends 02.01.2013 Posted: 02 Jan 2013 02:20 AM PST Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see downward movement today Support- 1673.20 Resistance- 1696.83 Silver- May see downward movement today Support- 30.14 Resistance- 31.23 Crude Oil- May see downward movement today Support- 91.86 Resistance-93.75 Dax 30- May see upward movement today Support- 7682.27 Resistance- 7850.00 EUR/USD May see downward movement today Support- 1.3180 Resistance- 1.3354 Read more forex news on our forex blog

Market Review 02.01.2013 Posted: 02 Jan 2013 02:18 AM PST Following the last minute deal reached by US lawmakers to avoid the "fiscal cliff" of tax increases and budget cuts yesterday, higher-yielding assets (EUR, AUD, NZD, crude oil) all saw upward movement after markets opened for the day. Safe-haven currencies, including the US dollar and Japanese yen, turned bearish, as investors shifted their funds to riskier assets. Main News for Today US ISM Manufacturing PMI- 14:00 GMT • Analysts are forecasting the figure to come in at 50.2, which if true, would signal expansion in the US Manufacturing Sector. • If the figure comes in above expectations, higher-yielding assets could see additional gains during afternoon trading. Read more forex news on our forex blog

You are subscribed to email updates from Forex Trading Education : Forex Trading Blog by FOREXYARD To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610