February 24, 2009 – 8:52 pm
Several days ago I had get an immediate task to replace corporative web site of our Company to another web hosting server because of after reconstruction it is based now on MS SQL and our previous web hosting server didn`t give us opportunity to use MS SQL 4.
At the same time the mentioned matter coincided with my friends request to advise him an inexpensive and ordinary web hosting for his personal site he started to make, because his site didn`t need any special services and the aim was to find web hosting as cheaper as possible . Read More »
A tour guide was showing a tourist around Washington, D. C. The guide pointed out the place where George Washington supposedly threw a dollar across the Potomac River.
“That’s impossible,” said the tourist. “No one could throw a coin that far!”
“You have to remember,” answered the guide. “A dollar went a lot farther in those days.”
EUR
EUR losses continue following Trichet’s weak economic outlook
The EUR saw a very bearish trading session yesterday, losing ground against all of its currency crosses. The Euro fell to a seven week low against the USD and closed under 1.5320, a remarkable number when considering that less than a month ago the oft-traded currency pair set record highs above 1.60. Moreover, the 15 nation currency lost almost 100 points versus the CHF, closing at 1.6253 and just under 150 points versus the JPY. Read More »
April 25, 2008 – 10:32 pm
MANAMA: The last 15 years have seen a massive increase in forex trading with the Internet playing a major role is supporting the industry.
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1. Crude Fair Price: OIL - $106.12
The News:
Given the rebound in the U.S. dollar over the past day, the fair price of crude is below the present market price.
The Breakdown
Earlier in the week, OPEC President Chakib Khelil mentioned to reporters that the cartel would not raise production. What’s more, Khelil also commented that strength in the U.S. dollar could help ease the price of oil, indicating every 1% decline in the greenback equates to $4 rise in crude.
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April 24, 2008 – 11:02 pm
Fundamental Forex Outlook by GCI Foreign Exchange Research (EUR / JPY / GBP)
FOREX DAILY MARKET COMMENTARY
24 April 2008 Thursday
Technical analysis is a method of forecasting price movements by looking at purely market-generated data. Price data from a particular market is most commonly the type of information analyzed by a technician. The bottom line when utilizing any type of analytical method, technical or otherwise, is to stick to the basics, which are methodologies with a proven track record over a long period. After finding a trading system that works for you, the more esoteric fields of study can then be incorporated into your trading toolbox. Read More »
April 24, 2008 – 10:50 pm
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.9725; (P) 1.9850; (R1) 1.9927;
Cable falls further today and the touching of 1.9689 support turns outlook mixed. At this point, further decline could still be seen as long as 1.9817 minor resistance holds. Firm break of 1.9689 support will dampen the view that choppy fall from 2.0391 has completed as falling wedge at 1.9599 and focus will be put back to this support. On the upside, though, above 1.9817 will turn intraday outlook neutral first and the outlook will be reassessed after cable stabilizes. Read More »
April 24, 2008 – 10:48 pm
EUR/USD Daily Outlook Apr 24 14:34 GMT
Daily Pivots: (S1) 1.5832; (P) 1.5918; (R1) 1.5974;
EUR/USD’s decline from 1.6019 extends further to as low as 1.5675 today. Break of 1.5710 confirms that diagonal triangle that started at 1.5342 should have already completed at 1.6019, after failing to sustain above 1.6 psychological resistance. At this point, intraday bias remains on the downside as long as 1.5773 minor resistance holds. While some consolidation could be seen in case EUR/USD recovers to above 1.5573, upside should be limited by 4 hours 55 EMA (now at 1.5848) and bring fall resumption to 1.5342 support.
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April 22, 2008 – 10:57 pm
Euro zone finances news
BRUSSELS: Most European governments made big strides last year in cleaning up their finances with the smallest shortfall between revenue and spending on record, according to official EU data yesterday.
The combined public deficit of the 15 nations sharing the euro fell to 0.6 per cent of gross domestic product (GDP) last year, down from 1.3pc in 2006, the European Union’s Eurostat data agency said. Read More »
USD/JPY Mid-Day Outlook
USD/JPY: Daily Pivots: (S1) 102.82; (P) 103.30; (R1) 103.84;
As discussed earlier today, USD/JPY should have made an intraday low at 102.67 with 4 hours MACD crossed above signal line. Intraday bias is now on the upside for 104.64 resistance first. Break will indicate rebound from 95.77 has resumed for 104.96/108.59 resistance zone. On the downside, though, below 102.67 will suggest that fall from 104.64 is still in progress. But still, a break of 100.02 support is needed to indicate rebound from 95.77 has completed. Otherwise, another rise is still in favor after pullback
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