Economists says that The US. Economy is in deep trouble and the negative trend for the dollar still remains and stock market condition is still in problem, NFP jobs data also came negative last week, so all major currencies and the commodities including Gold and Silver are expected to go more higher against dollar in next week, currency market is also in bad condition due to stock market impact on forex market, please be careful while trading, Fed cut the rate recently to 3.50 and now fed is expected to cut the rate again in February it can be emergency rate cut any time, or may be in starting of march to support the Stock exchange, Gold prices fell as investors continued to take profits as they did towards the end of last week. we are expecting Fed will again cut the rate to support the stock exchange may be in the beginning of march or may be earlier, so the major Currencies and Commodities long term trend is up and recommended to stay long, be ready for spikes in all pairs soon.
New Members are advised to read our blog here carefully:
http://fxforecaster.blogspot.com/2007/09/make-some-pips-on-instant-forex-sgnals.html
As we are planning to close the forecast page(not instant signals) we got so many suggestions and thanks to all of you who send us emails and give opinions
Have a nice trade everyone !
Fxforecaster Team -
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2 comments:
Well, I will share with my friends about this.
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