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Forex Technical and Fundamental Forecasts for October 2009 [7]
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Scandi daily [20]
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Main » Articles » Scandi daily

Entries in category: 20
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OVERVIEW – The markets continue to show signs of a potential rolling over as currencies slowly lose their firm hold on the buck and begin to secede on the back of some ongoing concerns over the prospects for the global recovery and downbeat comments from the likes of President Obama, Germany’s Wisemen and US Treasury Geithner, who have all now warned of the risks for a double dip recession.
Scandi daily | Views: 442 | Added by: forex-market | Date: 2009-11-20 | Comments (0)

OVERVIEW – The rebound in risk appetite and concurrent surge in commodity prices in the early week has once again fueled some fresh currency buying with the highly correlated regionals benefiting as a result.
Scandi daily | Views: 458 | Added by: forex-market | Date: 2009-11-24 | Comments (0)

OVERVIEW – The regional currencies have come back under pressure on Tuesday, with only the commodity bloc currencies putting in a worse performance thus far on the day.
Scandi daily | Views: 466 | Added by: forex-market | Date: 2009-11-24 | Comments (0)

OVERVIEW – The regional currencies have rebounded quite nicely thus far on Wednesday despite the softer batch of inflation data out of Sweden and GDP from Norway in the previous day.
Scandi daily | Views: 417 | Added by: forex-market | Date: 2009-11-25 | Comments (0)

OVERVIEW – Despite some impressive gains in currencies against the buck on Wednesday, with notable gains in both the Euro and Swissie to fresh 2009 highs,
Scandi daily | Views: 501 | Added by: forex-market | Date: 2009-11-26 | Comments (0)

OVERVIEW – We have been warning for some time that the regional currencies are on the verge of some major corrective weakness over the medium-term, with both the NOK and SEK in the process of carving out some significant tops against both the Euro and USD.
Scandi daily | Views: 397 | Added by: forex-market | Date: 2009-11-27 | Comments (0)

Eur/Sek pullbacks should be well propped ahead of 10.15 with the market in the process of carving a meaningful base on the daily chart. Latest price action reaffirms outlook with the market finally taking out the multi-day consolidation highs by 10.53 to now expose 10.60-70 further up.
Scandi daily | Views: 446 | Added by: forex-market | Date: 2009-12-01 | Comments (0)


Gbp/Nok recovery rally has pulled back since reaching 9.53 in the previous week, but our outlook remains constructive, and a higher low is now sought out above 9.00, ideally by 9.23, ahead of the next upside extension beyond 9.53.
Scandi daily | Views: 393 | Added by: forex-market | Date: 2009-12-02 | Comments (0)

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