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	<title>CFD Spy - Online Trading Blog &#187; India Forex</title>
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	<link>http://www.cfdspy.com/blog</link>
	<description>24/5 financial market news &#38; online trading blog. Get fundamental &#38; technical analysis; stocks, forex, commodities...with market forecasts and more.  Plus source the top online trading brokers.</description>
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		<title>Forex Technical Analysis</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-technical-analysis/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-technical-analysis/#comments</comments>
		<pubDate>Tue, 31 Mar 2009 12:50:07 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=1076</guid>
		<description><![CDATA[• Rupee: The rupee bias is clearly on the bearish side again after the renewed dollar strength seen in the overseas markets.We might see some retracemnts to below 51.00 levels after 31st march ending but strategy remains to stay long for importers at major dips and exporters cover only at sizable intraday gains. Expect to [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Forex daily technicals &#8211; gold, Rupee, Yen, Pound, Euro&#8230;</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-gold-rupee-yen-pound-euro/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-gold-rupee-yen-pound-euro/#comments</comments>
		<pubDate>Mon, 30 Mar 2009 07:12:10 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=1072</guid>
		<description><![CDATA[• Euro: Euro has broken the important trendline support at 1.3372 levels on Friday&#8217;s trading session with good momentum and is holding below it. Retracement could happen till 1.3373 levels (55 4-hourly EMA). Bias is clearly towards downside. Look for shorting opportunities at upticks for target of 1.3030. (Eur/Usd:1.3215). • Pound: Cable fell 200 pips [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FOREX MARKET COMMENTARY &#8211; Avoid going long on USD&#8230;</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-market-commentary-avoid-going-long-on-usd/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-market-commentary-avoid-going-long-on-usd/#comments</comments>
		<pubDate>Tue, 24 Mar 2009 11:42:58 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=946</guid>
		<description><![CDATA[• Euro: Euro retraced to a low of 1.3485 in the early US session yesterday from where it rebounded and is now trading at 1.3660. Euro could not hold the lows despite disappointing Trade Balance data of Eurozone and strong Retail Sales of US. The stochastic in daily and weekly chart has flattened indicating further [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-market-commentary-avoid-going-long-on-usd/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Forex daily technicals- Euro has surged close to 750 pips</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-daily-technicals-euro-has-surged-close-to-750-pips/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-daily-technicals-euro-has-surged-close-to-750-pips/#comments</comments>
		<pubDate>Fri, 20 Mar 2009 10:37:07 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=931</guid>
		<description><![CDATA[• Euro: Euro has surged close to 750 pips in the last two sessions, with a movement of 320 pips in yesterday’s session. Euro soared to the highs of 1.3737 and has retraced slightly to trade around 1.3650 levels currently. All the major stochastic has flattened in the overbought region. If Euro sustains to hold [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FOREX MARKET COMMENTARY</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-market-commentary/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-market-commentary/#comments</comments>
		<pubDate>Wed, 18 Mar 2009 10:37:16 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=922</guid>
		<description><![CDATA[• Euro: Euro moved sideways within 110 pips yesterday taking support near the 55 Daily EMA around 1.2930. Currently trading around 1.3040, all the major stochastic is overbought with immediate resistance coming at 1.3180 (100 Daily EMA &#38; 38.2% Retracement of the fall). Shorts could be initiated there for 70 – 80 pips gain. (Eur/Usd: [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Forex daily techncials &#8211; Aussie further gained 100 pips</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-daily-techncials-aussie-further-gained-100-pips/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-daily-techncials-aussie-further-gained-100-pips/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 07:02:25 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=914</guid>
		<description><![CDATA[• Euro: Euro breached the 1.30-mark, strengthening more than 200 pips touching the high of 1.3070 yesterday. Currently Euro is holding above the 1.2945 (55 Daily EMA) with the daily charts getting flat in the overbought region. Holding above this support can take Euro to 1.3180 (100 Daily EMA &#38; 38.2% Retracement of the fall). [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Forex commentary &#8211; Usd/Chf pair surged almost 450 pips</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-commentary-usdchf-pair-surged-almost-450-pips/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/forex-commentary-usdchf-pair-surged-almost-450-pips/#comments</comments>
		<pubDate>Fri, 13 Mar 2009 08:57:31 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=891</guid>
		<description><![CDATA[• Euro: Euro strengthened more than 200 pips in yesterday’s session touching the highs of 1.2945 (55 Daily EMA). All major stochastic are moving close to the overbought region which could bring a correction of 60-70 pips. However, break of this resistance can take Euro higher to the next resistance zone of 1.3198 (100 Daily [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Market commentary &#8211; Euro broke the trend-line&#8230;</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/market-commentary-euro-broke-the-trend-line/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/market-commentary-euro-broke-the-trend-line/#comments</comments>
		<pubDate>Thu, 12 Mar 2009 06:51:17 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=886</guid>
		<description><![CDATA[• Euro: Euro broke the trend-line resistance &#38; 21 Daily EMA (1.2711) as it surged almost 250 pips from the lows of 1.2616 in yesterday’s session. Currently trading at 1.2830 the daily charts are yet to reach the overbought region. Immediate resistance now comes in at 1.2940 (55 Daily EMA) where shorts could be incorporated [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>GBP/USD Daily outlook &#8211; broke support&#8230;</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/gbp-usd-daily-outlook/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/gbp-usd-daily-outlook/#comments</comments>
		<pubDate>Tue, 10 Mar 2009 14:35:49 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=848</guid>
		<description><![CDATA[The consolidation pattern was broken on the downside for GBP-USD pair yesterday as it broke the 1.3950 support to plunge to a low of 1.3741. The stochastic is moving close to the oversold region which can bring further downside. Holding below the 1.3950 zone can bring a test of 1.35 (previous low) first and beyond. [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/gbp-usd-daily-outlook/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>EUR/USD Daily Outlook &#8211; chart</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/eurusd-daily-outlook-chart/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/eurusd-daily-outlook-chart/#comments</comments>
		<pubDate>Tue, 10 Mar 2009 14:32:12 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=843</guid>
		<description><![CDATA[EUR/USD 10th March Support Levels Resistance Levels Remarks 1.2580 1.2720 Medium term Outlook is Bearish 1.2450 1.2950 &#160; COMMENTS: Euro has been taking the short term trend-line support (1.2580) and is currently pressing around the 1.2720 cluster resistance. Overall outlook for the economy remains bearish, however with the daily stochastic yet to reach the overbought [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/eurusd-daily-outlook-chart/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Todays GBP view: GBP/USD</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/todays-gbp-view-gbpusd/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/todays-gbp-view-gbpusd/#comments</comments>
		<pubDate>Mon, 09 Mar 2009 16:32:19 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>
		<category><![CDATA[GBP/USD]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=836</guid>
		<description><![CDATA[Todays GBP/USD outlook: COMMENTS : Sterling is currently consolidating above 1.3950 levels. Alternatively, it is taking resistance at the 21 Daily EMA (currently at 1.4258 merging with 50% Retracement resistance). The daily stochastic is indicating a downside bias. If Cable breaks out on the downside i.e. below 1.3950, then a deeper pull-back upto 1.35 (previous [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/todays-gbp-view-gbpusd/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Morning Coffee &#8211; technical updates -FX, YEN, GOLD, RUPEE&#8230;</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/morning-coffee-technical-updates-fx-yen-gold-rupee/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/morning-coffee-technical-updates-fx-yen-gold-rupee/#comments</comments>
		<pubDate>Mon, 09 Mar 2009 16:17:13 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>
		<category><![CDATA[forex]]></category>
		<category><![CDATA[india forex]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=832</guid>
		<description><![CDATA[• Euro: Euro surged almost 220 pips from 1.2536 lows on Friday to take resistance from the 21 Daily EMA and finally closed at 1.2653. The 4-hourly and hourly charts are indicating selling pressure in Euro while the Daily chart also is turning mid-way to indicate a downside. Resistance remains at 1.2730 (21 Daily EMA) [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/morning-coffee-technical-updates-fx-yen-gold-rupee/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>CURRENCIES UPDATE &#8211; Euro, Pound, Yen, etc&#8230;</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update-euro-pound-yen-etc/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update-euro-pound-yen-etc/#comments</comments>
		<pubDate>Fri, 06 Mar 2009 07:01:30 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=827</guid>
		<description><![CDATA[Euro: Euro traded sideways in a wide range of 170 pips despite ECB lowering the interest rate by 50 bps to bring it to 1.50%. Euro bounced back from the lows of 1.2480 yesterday and is currently trading around 1.2580. The 4-hourly and daily charts are indicating buying pressure with strong resistance coming around 1.2720 [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update-euro-pound-yen-etc/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FX CURRENCIES UPDATE, Euro, Rupee, Yen, Pound&#8230;</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/fx-currencies-update-euro-rupee-yen-pound/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/fx-currencies-update-euro-rupee-yen-pound/#comments</comments>
		<pubDate>Thu, 05 Mar 2009 11:44:53 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=823</guid>
		<description><![CDATA[Euro: Euro rebound almost 200 pips from the lows of 1.2456 in yesterday’s session. Euro is taking resistance at the 55 4-hourly EMA (1.2663). The 4-hourly charts are getting overbought while the daily and hourly charts are indicating further upside. Strong resistance comes in at 1.2730 (100 4-hourly EMA &#038; 21 Daily EMA) below which [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/fx-currencies-update-euro-rupee-yen-pound/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>CURRENCIES UPDATE &#8211; Euro &#8211; Pound &#8211; Australian Dollar &#8211; Swiss Franc &#8211; Rupee &#8211; Yen&#8230;</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update-australian-dollar-swiss-franc-rupee-yen/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update-australian-dollar-swiss-franc-rupee-yen/#comments</comments>
		<pubDate>Tue, 03 Mar 2009 09:44:02 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=810</guid>
		<description><![CDATA[Euro: Euro traded in a sideways range of 130 pips, soaring to 1.2810 and loosing steam it closed the session at 1.2733. Currently Euro is trading just below the short term trendline support around 1.2740 levels with the charts indicating a downside. If Euro holds below the trend-line support, further decline upto 1.2512 (previous low) [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update-australian-dollar-swiss-franc-rupee-yen/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>CURRENCIES UPDATE</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update-2/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update-2/#comments</comments>
		<pubDate>Mon, 02 Mar 2009 07:09:13 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=792</guid>
		<description><![CDATA[Euro: Euro plunged to a low of 1.2604 in Friday’s session before rebounding and closing the session at 1.2666. The sentiment for this currency remains weak ahead of ECB rate decision later this week. Euro opened with a gap-down today and is trading below its key trendline support. On the downside if 1.2512 (Recent low) [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>CURRENCIES UPDATE</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update/#comments</comments>
		<pubDate>Fri, 27 Feb 2009 11:03:19 +0000</pubDate>
		<dc:creator>India Forex</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=758</guid>
		<description><![CDATA[Euro: Euro traded in a sideways range of 130 pips, soaring to 1.2810 and loosing steam it closed the session at 1.2733. Currently Euro is trading just below the short term trendline support around 1.2740 levels with the charts indicating a downside. If Euro holds below the trend-line support, further decline upto 1.2512 (previous low) [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/currencies-update/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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