Forex Forecasting & Trade Recommendation Service Indian Rupee Forecast
Euro     Yen

Swiss    Cable
DJIA   Nasdaq

Nikkei  Sensex
Euro   Yen   Usd

Morning Briefing

FX Thoughts for the Day

Welcome to FX Thoughts for the Day, a forex trading signal service that treats Traders with the respect they deserve. We provide twice daily forex forecasts trade recomendations for US Dollar, Euro, Yen, Swiss Franc and Sterling Pound.

EURO JAP YEN EURO-YEN

Register to read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY. Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below.

Registering entitles you to a 1-month Free Trial of our full service including Morning Edition, Intra-Day Alerts and access to restricted areas. To register click here.
FX Thoughts - Evening - I - 02-Sep-2010
Evening Edition
1746 IST or 1216 GMT or 0816 EST
Fx Thoughts
SwissUSD-CHF 1.0106/09...May fall
R: 1.0200 / 1.0245-60 / 1.0291-300
S: 1.0129-00 / 1.0050 / 1.00

Dollar-Swiss has not been able to sustain a strong rally and has moved down after better than expected Swiss GDP numbers followed by good retail sales data, today. In the coming days we expect the pair to test the strong and important Support at 1.0050, which is present across the monthly, weekly, 3-day and the daily time frames. We would want to stay out of the markets and would want to approach it from the long side on dip below 1.0075.

Limit Buy Order:
Buy USD 10K at 1.0065, SL 0.9975, TP Open
Buy USD 10K at 1.0045, SL 0.9975, TP Open
Buy USD 10K at 1.0015, SL 0.9975, TP Open
CableGBP-USD @ 1.5389/92...Buy dips
R: 1.5463 / 1.5500 / 1.5590-600
S: 1.5348 / 1.5320-00

Cable has moved below the 200 DMA and is just above the 55 DMA at 1.5381. In the coming sessions today, we see goos chances of the pair retaining the range of 1.5350-550 before a break on the upside is seen. We would prefer buyin at levels near 1.5350 with stops below 1.5300, for an eventual rise towards 1.5450-500 over today and tomorrow.

AussieAUD-USD 0.9091/94...May see some upmove
R: 0.9113-30 / 0.9239
S: 0.9000-20 / 0.8900-890 / 0.8860-50

"We continue to hold our morning view on the pair today."

Aussie moved up strongly in the US session yesterday but is currently trading below 0.9100. While above 0.9000-20 we see good chances of the pair moving towards 0.9150-200 before another dip on the pair in the next week.


Happy Trading!

Read the Previous report
View Performance History

Subscribe now


Registration Form

We have a Morning Edition as well. Would you like to recieve both the editions via E-Mail or read them online? If so, you can register for a 1 month, "No Obligation" Free Trial by filling out the small Registration Form below.

(Required fields are marked in Blue)
Name
Designation
Email
Company
Website URL
Postal Address
Please provide full address. Improper address will be rejected.
City
Pin Code
Country
Phone No.
country code city code phone no.
Username
(8,Alphanumeric)
Password
(8,Alphanumeric)
Re-type Password
How did you hear about us?
Enter the code shown
(This helps prevent automated registrations.)
* Please enter correct details. Incorrect/ invalid/ incomplete entries will not be entertained. If you are apprehensive, please read our Privacy Policy


* Please allow 12-18 hours to process your Registration Request.
Go Top


Why you should register
  • There is continuity between Morning and Evening editions.
  • You receive the report via E-mail, at least 10 minutes before the website gets updated.
  • Sometimes Intra-day Alerts are sent, only via E-mail.
  • You gain access to restricted areas such as At a Glance.

  • Subscription Details


    Free Gifts On Subscription
    An Excel based "FX Trade Planner".

    Using historical daily volatility measures in the major currencies, this tool helps a Trader plan and budget her monthly P/L.

    Testimonials
    Testimonials
    Schedule and timings
    Published between 0530-0600 GMT and 1200-1230 GMT from Monday to Friday.
    DISCLAIMER
    These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.


    WARNING !!
    Visitors should be aware that Foreign Exchange transactions and trading are or can be subject to laws, rules and regulations of the country in which the entity undertaking the transactions is situated. It is incumbent upon the Visitors to keep themselves informed and abreast of the Laws they are (or would be expected to be) subject to and governed by, and act in accordance thereto.

     

    Indian Rupee Market | FX Thoughts | Economic Calendar | Graphs Gallery | Colour of Money | Money Markets | Research | Risk Management | Government Policies | Free Data | Your Queries | Testimonials | Links | About Us | Site Map


    info@kshitij.com
    http://www.kshitij.com
    Copyright (c) Kshitij Consultancy Services
    Suite 2G, 2nd Floor, Tower C
    Hastings Court
    96, Garden Reach Road
    Kolkata - 700 023
    INDIA
    00-91-33-24892010/ 24892012
    Location Map
    Site created by
    Manaskriti Software Solutions


    >