Daily Forex Market from 17/06/2008 to 7/04/2008 by Easy-Forex
The following is a summary of the previous day’s foreign exchange market
movements in the major currencies and the commodities markets. It is meant
as an informative guide to the reasons underlying currency and commodity
movements seen in the previous day’s foreign exchange trading. Together with a
market snapshot at close of the New York session, indicators/events released
during the session are outlined compared with their expected level of influence
before release. This fundamental analysis summary also highlights upcoming
data/events which may influence currency movements upon their release.
You will also find a technical analysis snapshot at time of release,
highlighting support and resistances of each of the major currencies and gold.
Coupled together with the reasons behind these important levels, traders can
expect some support or resistance when these levels are reached.