Weekly Wrap Report
Good morning
Please take a look at our Weekly Wrap Report
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Archive for the 'Forex' Category
AUDUSD Breaks Lower
AUDUSD & GOLD look set for a small pullback after a long bullish run. With weak Retail Sales figures out yesterday there must be concern for strength in the Aud… One to watch over the next few days… Watch out for AUD GDP this evening…Another weak figure could bring this back down to earth…
Forex Weekly Review / 25-29 feb
Good afternoon
Take a look at all the possible ‘Byte’ trades in the FX market this week…
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Market Bytes Morning Forex Report
Quiet Morning with Dollar/Cad breaking down towards parity.
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Market Bytes 22/02/08
Have you seen today’s Market Bytes. Wow what a great day. All up about 250 pips. I started with 100 pips on GBP/CHF, 60 pips on USD/Yen around 60 pips on USD / CHF and finally 50 pips USD / CAD . This is not to mention 100 point pull back on Light Crude. Just check out todays ‘Market Bytes’ video report HERE
Market Bytes is webs best Technical Analysis videos and market commentary posted very morning prior to the markets opening. It gives you the time you need to staudy the markets sis by side our leading traders and then set up you trading strategies for the day.
Market Bytes covers forex, commodities such as gold, indices and equities. The videos are delivered twice daily initially when the European markets open and then again prior to the US markets opening. This is not a tipping service but a video service that shows the the potential trading opportunities and market moves before they happen.
Please note that you will need to listen with speakers or head phones.
Market Bytes Live
After great success and demand with Market Bytes we have decided to add to this and offer you the ‘LIVE’ version where you can learn and trade whilst watching our Traders at work…
You will never have to Trade alone again!!! The ‘LIVE’ version will concentrate on the London opening in the FX and Gold market and you will have full support from 6am till 10am daily. Not only will you be able to trade whilst you watch, you will also be able to ask questions in ‘LIVE’ market conditions…
You will learn how to analyse the market before the London move and how to really capitalise on all those movements.
This service is only available to Market Bytes users. Details will follow next week…
Please email me at dan@mdsmarkets.com when you reach your 400 point target for February!!!
Morning Wrap 20/02/08
The FTSE was down about 60 points this morning at 5,906, whilst the FTSE 250 was down a similar amount at 10,150. The talk was to blame Alliance & Leicester’s results, which have wiped out yetserday’s decent day in ther banking sector.
Ovwer the pond last night the US was down, although not that much. The fact that oil went above US$100 bbl didn’t help feelings over there. The DJI closed down about 11 points at 12,337.22, whilst the S&P500 closed down 1.21 points at 1,348.78 and the Nasdaq closed down 15.5 points at 2,306.2.
In the Far East this morning the Nikkei 225 closed down 447.54 points at 13,310.37, which was over 3% drop, whilst in Hond Kong the Hang Seng closed down 532.59 points at 23,590.58.
Back here in London it was mortgage bank Alliance & Leicester that caused the bad feeling after it announced its figures of £417m profit, down from £585m last year, plus a £185m write-down on its debt-backed investments. The share price fell nearly 80p to 450p on the news. It’s bigger peers were also down, with HBOS off 28p at 631p, RBS down 10p at 357p and 2nd tier player Bradford & Bingley down 5p at 177.
The miners also had a poor start today, with Anglo down about 80p at 3,068, Rio down 120p at 5,730, and Lonmin down 70p at 3,393p.
Kingfisher was 4.5p lower at 132.2 after broker downgrade. JP Morgan gave it the retailer a target of 135p, down from 144p, ahead of a trading statement tomorrow.