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	<title>CFD Spy - Online Trading Blog</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>USDCAD broke above downward trend line</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdcad-broke-above-downward-trend-line/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdcad-broke-above-downward-trend-line/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 03:15:24 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2309</guid>
		<description><![CDATA[USDCAD broke above the downward trend line on 4-hour chart, suggesting that a cycle bottom is being formed at 0.9926. Range trading between 0.9926 and 1.0050 would likely be seen in a couple of days. As long as 1.0050 resistance holds, the bounce is treated as consolidation of downtrend from 1.0318, and one more fall [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>USDCHF remains in downtrend</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-remains-in-downtrend/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-remains-in-downtrend/#comments</comments>
		<pubDate>Tue, 07 Feb 2012 02:13:48 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2306</guid>
		<description><![CDATA[USDCHF remains in downtrend from 0.9594, the price action from 0.9114 is treated as consolidation of downtrend. Another fall towards 0.8900 is still possible after consolidation and a breakdown below 0.9114 will signal resumption of the downtrend. Key resistance is at 0.9350, only break above this level could indicate that the fall from 0.9594 has [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-remains-in-downtrend/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>USDCHF broke above price channel</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-broke-above-price-channel/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-broke-above-price-channel/#comments</comments>
		<pubDate>Mon, 06 Feb 2012 01:52:20 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2302</guid>
		<description><![CDATA[USDCHF broke above the upper line of the downward price channel on 4-hour chart last Friday, suggesting that a cycle bottom had been formed at 0.9114, and lengthier consolidation of the downtrend from 0.9594 is underway. Range trading between 0.9114 and 0.9249 would likely be seen in a couple of days. Key resistance is at [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-broke-above-price-channel/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IMF: Oil Prices Could Soar If Iran Blockade Comes Into Force</title>
		<link>http://www.cfdspy.com/blog/lunch-is-for-wimps/imf-oil-prices-could-soar-if-iran-blockade-comes-into-force/</link>
		<comments>http://www.cfdspy.com/blog/lunch-is-for-wimps/imf-oil-prices-could-soar-if-iran-blockade-comes-into-force/#comments</comments>
		<pubDate>Sun, 05 Feb 2012 04:14:37 +0000</pubDate>
		<dc:creator>trader</dc:creator>
				<category><![CDATA[LUNCH IS FOR WIMPS]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2287</guid>
		<description><![CDATA[The International Monetary Fund has warned that oil prices could soar to similar levels as during the Libyan uprising if a Western ban on Iranian oil comes into force, prompting CFD traders to consider the potential for significant price rises over the coming year. The International Monetary Fund (IMF) has warned that the pending blockade [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/lunch-is-for-wimps/imf-oil-prices-could-soar-if-iran-blockade-comes-into-force/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>USDCHF traded in a narrow range</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-traded-in-a-narrow-range/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-traded-in-a-narrow-range/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 02:33:42 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2300</guid>
		<description><![CDATA[USDCHF traded in a narrow range between 0.9114 and 0.9249 for several days. The price action in the range could be treated as consolidation of downtrend from 0.9594. Key resistance is at 0.9350, as long as this level holds, downtrend could be expected to resume, and one more fall towards 0.8900 is still possible. However, [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-traded-in-a-narrow-range/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>USDCHF stays in a downward price channel</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-stays-in-a-downward-price-channel/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-stays-in-a-downward-price-channel/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 01:55:04 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2295</guid>
		<description><![CDATA[USDCHF stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9594, the price action in the range between 0.9114 and 0.9249 is treated as consolidation of downtrend. As long as the channel resistance holds, we’d expect downtrend to resume, and another fall towards 0.8900 is still possible. Key resistance is [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-stays-in-a-downward-price-channel/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>USDCHF breaks above downward trend line</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-breaks-above-downward-trend-line/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-breaks-above-downward-trend-line/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 03:49:13 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2293</guid>
		<description><![CDATA[USDCHF breaks above the downward trend line on 4-hour chart, suggesting that a cycle bottom has been formed at 0.9114. Further rally would likely be seen later today, and the target would be at 0.9300 area. Key resistance is at 0.9350, as long as this level holds, the bounce from 0.9114 is treated as consolidation [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf-breaks-above-downward-trend-line/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tadawul FX Launches Autochartist Tool For CFD Trading</title>
		<link>http://www.cfdspy.com/blog/lunch-is-for-wimps/tadawul-fx-launches-autochartist-tool-for-cfd-trading/</link>
		<comments>http://www.cfdspy.com/blog/lunch-is-for-wimps/tadawul-fx-launches-autochartist-tool-for-cfd-trading/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 03:06:02 +0000</pubDate>
		<dc:creator>trader</dc:creator>
				<category><![CDATA[LUNCH IS FOR WIMPS]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2285</guid>
		<description><![CDATA[Forex and contracts for difference broker Tadawul FX has launched its Autochartist tool, aimed at helping CFD and forex traders identify trends and price movements in underlying markets to make better trading decisions. Contracts for difference and forex traders using the Tadawul FX platform will today benefit from free access to the Autochartist tool, an [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/lunch-is-for-wimps/tadawul-fx-launches-autochartist-tool-for-cfd-trading/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>EURUSD rebounded from 1.3077</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/eurusd-rebounded-from-1-3077/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/eurusd-rebounded-from-1-3077/#comments</comments>
		<pubDate>Tue, 31 Jan 2012 01:56:22 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2290</guid>
		<description><![CDATA[After testing the support of the upward trend line on 4-hour chart, EURUSD rebounded from 1.3077. The bounce would possibly be resumption of uptrend from 1.2624, further rise is expected later today, and next target would be at 1.3300 area. On the other side, a breakdown below 1.3077 will suggest that a cycle top has [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/eurusd-rebounded-from-1-3077/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>AUDUSD pulled back from 1.0687</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-pulled-back-from-1-0687/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-pulled-back-from-1-0687/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 03:22:51 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2283</guid>
		<description><![CDATA[Being contained by the upper line of the price channel on 4-hour chart, AUDUSD pulled back from 1.0687, suggesting that a cycle top is being formed. Deeper decline towards the lower line of the channel would likely be seen in a couple of days. As long as the channel support holds, the fall could be [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-pulled-back-from-1-0687/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>UK Producer Pricing Falls In December</title>
		<link>http://www.cfdspy.com/blog/lunch-is-for-wimps/uk-producer-pricing-falls-in-december/</link>
		<comments>http://www.cfdspy.com/blog/lunch-is-for-wimps/uk-producer-pricing-falls-in-december/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 08:54:34 +0000</pubDate>
		<dc:creator>trader</dc:creator>
				<category><![CDATA[LUNCH IS FOR WIMPS]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2276</guid>
		<description><![CDATA[Loosening inflationary pressures have helped UK producers record a decline in pricing through December, leading to forecasts of easing pricing pressures on consumers and businesses through the end of 2012. The price of UK produced goods has fallen by 0.2% in December, surprising analysts to reflect easing inflationary pressures that could filter through to consumer [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/lunch-is-for-wimps/uk-producer-pricing-falls-in-december/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>USDCHF’s downward movement extended to 0.9156</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf%e2%80%99s-downward-movement-extended-to-0-9156/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf%e2%80%99s-downward-movement-extended-to-0-9156/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 03:36:20 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2280</guid>
		<description><![CDATA[USDCHF’s downward movement from 0.9594 extended to as low as 0.9156. Resistance is now at the downward trend line on 4-hour chart, as long as the trend line resistance holds, downtrend could be expected to continue, and next target would be at 0.9050 area. On the upside, a clear break above the trend line will [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdchf%e2%80%99s-downward-movement-extended-to-0-9156/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Greece Bank Talks Hit The Rocks As Economy Hangs In The Balance</title>
		<link>http://www.cfdspy.com/blog/lunch-is-for-wimps/greece-bank-talks-hit-the-rocks-as-economy-hangs-in-the-balance/</link>
		<comments>http://www.cfdspy.com/blog/lunch-is-for-wimps/greece-bank-talks-hit-the-rocks-as-economy-hangs-in-the-balance/#comments</comments>
		<pubDate>Mon, 23 Jan 2012 19:54:23 +0000</pubDate>
		<dc:creator>trader</dc:creator>
				<category><![CDATA[LUNCH IS FOR WIMPS]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2274</guid>
		<description><![CDATA[The next round of funding for the Greek bailout may be in jeopardy following a breakdown in talks between the Greek government and the nation’s private lenders over a 50% write-off of debts, the successful conclusion of which is a condition of the next phase of finance from the EU and the IMF, prompting fears [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/lunch-is-for-wimps/greece-bank-talks-hit-the-rocks-as-economy-hangs-in-the-balance/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>AUDUSD stays in a upward price channel</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-stays-in-a-upward-price-channel-2/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-stays-in-a-upward-price-channel-2/#comments</comments>
		<pubDate>Thu, 19 Jan 2012 01:55:41 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2271</guid>
		<description><![CDATA[AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.9861. Support is at 1.0300, as long as this level holds, the price action from 1.0448 is treated as consolidation of uptrend, and one more rise towards 1.0600 is still possible. However, a breakdown below 1.0300 will indicate that a [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-stays-in-a-upward-price-channel-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>German Inflation Rises Fuelled By High Energy Prices</title>
		<link>http://www.cfdspy.com/blog/lunch-is-for-wimps/german-inflation-rises-fuelled-by-high-energy-prices/</link>
		<comments>http://www.cfdspy.com/blog/lunch-is-for-wimps/german-inflation-rises-fuelled-by-high-energy-prices/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 05:10:52 +0000</pubDate>
		<dc:creator>trader</dc:creator>
				<category><![CDATA[LUNCH IS FOR WIMPS]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2265</guid>
		<description><![CDATA[The German annual rate of inflation was 2.3% in 2011, outside the Eurozone target levels and posting the highest rate of growth since 2008 as high commodity and consumer commodity prices, in particular energy and fuel, push prices up faster year on year. The rate of inflation in Germany was recorded as 2.3% for 2011, [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/lunch-is-for-wimps/german-inflation-rises-fuelled-by-high-energy-prices/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>AUDUSD broke above 1.0385 resistance</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-broke-above-1-0385-resistance/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-broke-above-1-0385-resistance/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 02:50:13 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2262</guid>
		<description><![CDATA[AUDUSD broke above 1.0385 resistance and continued its upward movement from 0.9861. Further rise is expected after a minor consolidation, and next target would be at 1.0500 area. Support is now at 1.0300, as long as this level holds, uptrend could be expected to continue, however, a breakdown below this level will indicate that a [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-broke-above-1-0385-resistance/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>AUDUSD moved sideways in a range</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-moved-sideways-in-a-range/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-moved-sideways-in-a-range/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 02:31:18 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2260</guid>
		<description><![CDATA[AUDUSD moved sideways in a range between 1.0145 and 1.0385. Initial support is at the lower line of the price channel on 4-hour chart, and the key support is at 1.0145, as long as 1.0145 support holds, the price action in the trading range is treated as consolidation of uptrend from 0.9861, and another rise [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-moved-sideways-in-a-range/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bank of England Holds UK Interest Rates At 0.5% For 34th Consecutive Month</title>
		<link>http://www.cfdspy.com/blog/lunch-is-for-wimps/bank-of-england-holds-uk-interest-rates-at-0-5-for-34th-consecutive-month/</link>
		<comments>http://www.cfdspy.com/blog/lunch-is-for-wimps/bank-of-england-holds-uk-interest-rates-at-0-5-for-34th-consecutive-month/#comments</comments>
		<pubDate>Sun, 15 Jan 2012 02:09:45 +0000</pubDate>
		<dc:creator>trader</dc:creator>
				<category><![CDATA[LUNCH IS FOR WIMPS]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2254</guid>
		<description><![CDATA[The Bank of England’s Monetary Policy Committee has voted to keep UK interest rates on hold at 0.5%, the record low rate at which they have been held since March 2009 as senior policy makers remain concerned about the health of the economy and the potential impact of the unfolding Eurozone debt crisis. The Bank [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/lunch-is-for-wimps/bank-of-england-holds-uk-interest-rates-at-0-5-for-34th-consecutive-month/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>AUDUSD stays in a upward price channel</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-stays-in-a-upward-price-channel/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-stays-in-a-upward-price-channel/#comments</comments>
		<pubDate>Thu, 12 Jan 2012 02:50:56 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2250</guid>
		<description><![CDATA[AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.9861. Initial support is at the lower line of the channel, as long as the channel support holds, the price action from 1.0385 is treated as consolidation of uptrend, and another rise towards 1.0600 is still possible. Key support is [...]]]></description>
		<wfw:commentRss>http://www.cfdspy.com/blog/technical-analysis/daily-technical/audusd-stays-in-a-upward-price-channel/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>USDJPY stays in a trading range between 76.60 and 77.32</title>
		<link>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdjpy-stays-in-a-trading-range-between-76-60-and-77-32/</link>
		<comments>http://www.cfdspy.com/blog/technical-analysis/daily-technical/usdjpy-stays-in-a-trading-range-between-76-60-and-77-32/#comments</comments>
		<pubDate>Wed, 11 Jan 2012 02:23:04 +0000</pubDate>
		<dc:creator>forexcycle</dc:creator>
				<category><![CDATA[Daily Technical]]></category>

		<guid isPermaLink="false">http://www.cfdspy.com/blog/?p=2246</guid>
		<description><![CDATA[USDJPY stays in a trading range between 76.60 and 77.32. Lengthier consolidation in the range would likely be seen in a couple of days. Key resistance is at 77.32, a break above this level will confirm that the fall from 78.21 had completed at 76.60 already, then further rise to test 78.27 resistance could be [...]]]></description>
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