http://goldforex.forumco.com/Gold Forexhttp://goldforex.forumco.com/rss.gifhttp://www.goldforex.org/http://goldforex.forumco.com/rss.gif8637futuretrends24http://goldforex.forumco.com/topic.asp?TOPIC_ID=165710Sat, 7 Nov 2009 05:42:49 +0100Futures Analysis from FuturesHound.com


U.S. equity markets traded sideway-to-better after the government released a weaker than expected jobs report. The unemployment rate hit also hit a 26-year high at 10.2%. The bears see this report as a sign the economy is worsening. The bulls read it as a chance to continue to demand higher risk because it reduces the likelihood of a Fed rate hike until mid-2010. This means that liquidity will be readily available for at least the next six months. While this may be true, equity traders failed to pounce on the chance to drive the markets higher. This is an indication that stocks may be overvalued and ready to roll-over.

Treasury futures moved up as yields fell Expectations are for interest rates to remain low well into 2010 as Chicago financial market traders reduced their bets calling for an interest rate hike around April 2010. Treasury Bonds and Notes seem to have survived the recent attempt at a sell-off. This could mean a sustained rally next week even though the Treasury will auction more debt.

The U.S. Dollar closed trading mixed after trading in a range most of the day following the release of a poor October jobs data report. The loss of 190,000 jobs was somewhat of a surprise. Traders were positioned for a loss of 175,000 jobs. The unemployment rate climbed to a 26-year high to 10.2% and the world didn’t fall apart. Traders either believe this is the bottom in unemployment or they have become complacent which could mean huge volatility is looming.

Read full article at FuturesHound.com as well as Futures Analysis, Futures Education and exclusive timely market Gann Analysis

Disclaimer: Trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose.


]]>forextrends24http://goldforex.forumco.com/topic.asp?TOPIC_ID=165610Sat, 7 Nov 2009 05:41:17 +0100Forex Analysis from ForexHound.com


The U.S. Dollar closed trading mixed after trading in a range most of the day following the release of a poor October jobs data report. The loss of 190,000 jobs was somewhat of a surprise. Traders were positioned for a loss of 175,000 jobs. The unemployment rate climbed to a 26-year high to 10.2% and the world didn’t fall apart. Traders either believe this is the bottom in unemployment or they have become complacent which could mean huge volatility is looming.

The Dollar was treated as a safe-haven by some currencies while others remained focused on their own fundamentals. The action in the outside markets suggests lower interest rates and a weaker economy. Chicago financial market traders increased bets that the Fed will keep interest rates low for some time.

This week-end the G-20 meets in Scotland. Members will discuss the value of the Dollar and Asian currency rates then take a group photo on the steps of some famous building. Don’t expect anything earth-shattering at this meeting.

Read full article at ForexHound.com as well more Forex Trading articles including http://www.forexhound.com/Technicals.cfm" target="_blank">Forex Technical Analysis and Forex Education

Disclaimer: Trading foreign exchange on the margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose.




]]>futuretrends24http://goldforex.forumco.com/topic.asp?TOPIC_ID=165510Thu, 5 Nov 2009 00:58:58 +0100Futures Analysis from FuturesHound.com


The Fed FOMC committee decided to leave interest rates at historically low levels and issued a statement that said nothing to deter demand for higher risk assets. It is now up to aggressive traders to take advantage of the thirty day free pass issued to them by the Fed’s inaction. At this time the Fed is no closer to raising interest rates than it was last month. This is potentially bullish news. The currency traders recognized it, but equity traders seemed hesitant.

Stock index futures finished higher, but in the low end of the range. The inability to make a new high for the day after the Fed’s rather dovish comment leaves one suspect as to whether demand for equities has run out of gas. Today’s upside action could not even drive the December E-mini S&P 500 to its 50% retracement price at 1062.50 before it sold off. Maybe traders are tired or maybe money managers closed up shop for the rest of the year on October 30th. Nonetheless, the statement from the Fed has the potential to drive this market higher. If there isn’t a follow-through to the upside tomorrow, then look out below.

Treasury futures finished lower as interest rates rose slightly. Chicago financial market traders are betting that the Fed will raise rates in June 2010. The weakness in the Treasuries was felt hardest in the December Treasury Bond. Bonds and Notes are indicating that the end of the Fed asset purchasing program is going to gradually ease rates higher.

Read full article at FuturesHound.com as well as Futures Analysis, Futures Education and exclusive timely market Gann Analysis

Disclaimer: Trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose.


]]>forextrends24http://goldforex.forumco.com/topic.asp?TOPIC_ID=165410Thu, 5 Nov 2009 00:57:38 +0100Forex Analysis from ForexHound.com


The U.S. Dollar finished sharply lower today against most major currencies except the Japanese Yen. Speculators bet early and often this morning that the Fed would do nothing with interest rates nor hint at an end to its stimulus plans. These bets paid off as the Dollar weakened further after the FOMC announcement in the afternoon.

Demand for higher yielding assets was strong today and based on what the Fed said, bullish traders should have a free pass for the next thirty days. The key will be a follow-through rally tomorrow. If the Dollar does not follow-through to the downside tomorrow then nervous shorts are likely to cover their positions, much like the move last week following the GDP Report.

Today’s statement from the Fed was especially dovish. It appears the Fed is afraid it will spook the markets and the economy if it takes a more aggressive stance toward hiking interest rates. In its statement the Fed explained in greater detail than previous statements why it remains committed to lower interest rates. Basically, the gist of the statement is the economy is still fragile and operating at under capacity. This is leading to low inflation.

Read full article at ForexHound.com as well more Forex Trading articles including http://www.forexhound.com/Technicals.cfm" target="_blank">Forex Technical Analysis and Forex Education

Disclaimer: Trading foreign exchange on the margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose.



]]>futuretrends24http://goldforex.forumco.com/topic.asp?TOPIC_ID=165310Tue, 3 Nov 2009 18:03:54 +0100Futures Analysis from FuturesHound.com


December Gold surged to a new all-time high after the Reserve Bank of India purchased 200 metric tons of gold from the International Monetary Fund. The purchase was worth about $6.7 billion. Traders at first were hesitant to drive this market higher until it became clear that this transaction could be the start of additional buying by other central banks.

The U.S. Dollar managed to hold on to its gains despite the strong rally in the gold market. While the weaker Dollar has been blamed for the August to October rally in gold, stronger gold is no expected to drive the Dollar to new lows. The fundamentals have shifted. The Dollar is getting stronger because of investor aversion to risk while gold is up because of central bank demand.

Trading has been thin and rangebound this week ahead of tomorrow’s Fed meeting and Thursday’s European Central Bank and Bank of England meetings. Investors are looking for the Fed to leave interest rates at historically low levels, but it may reveal a few hints as to how it plans to exit from their stimulus programs. Interest rate traders are betting that the Fed will not hike rates until sometime after April.

Read full article at FuturesHound.com as well as Futures Analysis, Futures Education and exclusive timely market Gann Analysis

Disclaimer: Trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose.


]]>forextrends24http://goldforex.forumco.com/topic.asp?TOPIC_ID=165210Tue, 3 Nov 2009 18:02:56 +0100Forex Analysis from ForexHound.com


The U.S. Dollar managed to hold on to its gains despite the strong rally in the gold market. While the weaker Dollar has been blamed for the August to October rally in gold, stronger gold is not expected to drive the Dollar to new lows. The fundamentals have shifted. The Dollar is getting stronger because of investor aversion to risk while gold is up because of central bank demand.

The EUR USD traded sharply lower after trading inside of a tight range for the past four trading sessions. Traders expect the European Central Bank to leave its benchmark interest rate unchanged at 1%. In addition, the ECB is expected to say that stimulus plans will remain intact until the economy starts to show signs of a full recovery.

Pressure was on the GBP USD this morning, but a strong surge in gold helped the Pound erase some of its early losses. Speculators are looking for the Bank of England to leave interest rates at historically lower levels while extending its asset purchase program.

Read full article at ForexHound.com as well more Forex Trading articles including http://www.forexhound.com/Technicals.cfm" target="_blank">Forex Technical Analysis and Forex Education

Disclaimer: Trading foreign exchange on the margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose.



]]>futuretrends24http://goldforex.forumco.com/topic.asp?TOPIC_ID=165110Mon, 2 Nov 2009 17:46:21 +0100Futures Analysis from FuturesHound.com


U.S. stock index futures finished higher today following a choppy, two-sided trading session. This morning’s better than expected U.S. ISM Factory Report helped launch a strong rally, but buyers could not push the market higher. After trading rangebound for a few hours, buyers finally gave in and the market dropped sharply as bids were pulled. The market actually traded lower for the day at one point but quickly turned around before the close.

Thin market conditions had a lot to do with the volatile trade. Big traders were noticeably absent ahead of the Fed’s FOMC meeting on November 4th. In addition, Friday’s U.S. Non-Farm Payrolls Report may be keeping traders on the sidelines. Look for the choppiness to continue tomorrow as day-traders control the action.

U.S. Treasury futures were under pressure throughout the day as the friendly U.S. ISM Report helped boost yields. Expect more sideways to lower trader until Wednesday’s Fed FOMC meeting.

Read full article at FuturesHound.com as well as Futures Analysis, Futures Education and exclusive timely market Gann Analysis

Disclaimer: Trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose.


]]>forextrends24http://goldforex.forumco.com/topic.asp?TOPIC_ID=165010Mon, 2 Nov 2009 17:43:37 +0100Forex Analysis from ForexHound.com


The U.S. Dollar was generally weaker during the New York session following the release of a better than expected ISM Factory Report. The report showed that manufacturing was increasing faster than expected. The factory index rose to 55.7% in October. This was up from 52.6% in September and above the pre-report estimate of 53%. The only dark spot in the report was the decline in new orders to 58.5%. It was still above 50 which indicates expansion, but it was down for the second consecutive month.

U.S. Pending Home Sales rose 6.1%. This number beat estimates as first time buyers rushed to beat the expiration of an $8000 federal tax credit. The Dollar weakened on this report.

Trading was light and thin throughout the day as the bigger players decided to stand aside ahead of a number of central bank meetings this week. Tomorrow the Reserve Bank of Australia holds its monthly meeting. This is followed by the U.S. Fed on November 4th. The European Central Bank and the Bank of England hold their monetary policy meetings on November 5th. Choppy, two-sided trading could be featured this week as traders lighten up and adjust positions ahead of the news.

Read full article at ForexHound.com as well as Forex Analysis, Forex Education and exclusive timely market Gann Analysis

Disclaimer: Trading foreign exchange on the margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose.


]]>futuretrends24http://goldforex.forumco.com/topic.asp?TOPIC_ID=164910Sat, 31 Oct 2009 06:23:03 +0100Futures Analysis from FuturesHound.com


December S&P and NASDAQ stock index futures finished lower for the month while the December Dow eked out a small gain. The closing price reversal tops in the S&P and NASDAQ indicate that the selling is greater than the buying at current levels and set up the possibility for a 2 to 3 month decline. Today’s sell-off was broad-based, which is another sign that the 10% to 20% correction that analysts have been anticipating may actually be taking place.

December Treasury futures rose as Bond and Note yields fell sharply on the stock market decline. Traders aggressively moved money from the higher risk markets into the lower-yielding but relatively “safe” fixed income markets. This week’s Treasury auction was well received as robust demand from foreign traders helped keep yields stable. Expectations are for T-Bonds and T-Notes to remain firm as long as fear continues to drive investors out of commodities and equities.

The U.S. Dollar posted a strong gain for the week, but finished the month slightly lower. The shift in sentiment from higher risk assets to the lower risk, lower yielding Dollar is an indication that investors may think the global economy is still fragile and that the recovery will be labored and rough.

Read full article at FuturesHound.com as well as Futures Analysis, Futures Education and exclusive timely market Gann Analysis

Disclaimer: Trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose.

]]>forextrends24http://goldforex.forumco.com/topic.asp?TOPIC_ID=164810Sat, 31 Oct 2009 06:22:14 +0100Forex Analysis from ForexHound.com

The U.S. Dollar posted a strong gain after bearish economic reports this morning triggered a massive sell-off in U.S. equity markets. Investors were encouraged to dump higher yielding assets for the safe haven Greenback. Two different reports indicated a drop in consumer spending and sentiment. U.S. Personal Income was flat but Personal Spending indicated that consumers are still paying off debt and saving their money. The drop in the Michigan Sentiment showed that consumers are still uncertain about the economy mainly because of fear of losing their jobs.

All of the currencies that moved higher on the bullish U.S. Third Quarter GDP Report on Thursday gave back their gains. Some even exceeded yesterday’s lows as selling momentum was strong all day. This reaction the day after the GDP Report proves that investors have put this report behind them and are now looking at the future of the economy. Today’s reaction shows that investors are worried that without government and Fed stimulus, the road to recovery will be rough.

Next week investors will have to deal with a Fed FOMC meeting and the Non-Farm Payrolls Report. Investors expect the Fed to change the language of their statement to indicate that a hike in interest rates may be coming sooner than expected. The Non-Farm Payrolls Report should show an increase in jobs lost and an unemployment figure close to 10%. A worse than expected report will make investors question whether the economic expansion during the 4th Quarter will be able to meet the 3rd Quarter number.

Read full article at ForexHound.com as well as Forex Analysis, Forex Education and exclusive timely market Gann Analysis

Disclaimer: Trading foreign exchange on the margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you cannot afford to lose.


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