Technical Analysis Daily Majors & Minors

• EUR/USD - is trading at 1.2387, down -0.77% on the day, having posted a

daily high at 1.2534 and low at 1.2383. But how will it trade today because of

the Non Farm results?

• USD/JPY - is trading at 114.88, up 0.10% on the day, having posted a daily

high at 115.53 and low at 114.06. But how will it trade following the Non

Farm results?

Quick Daily update

• The European Central Bank has published correspondence with the Irish

government in which it called for Dublin to seek a bail-out.

• Bank of England keeps interest rates at 0.5%, where they have been held since

March 2009.

• Concern over interest rate rises could "curb" house buying intentions, the

Halifax says, as it reports slowing house price growth.

Daily News To Watch

Friday, 7th November 2014 Previous Forecast Actual

0:30am AUD RBA Monetary Policy Statement

13:30pm CAD Employment Change 74.1K -3.9K

CAD Unemployment Rate 6.8% 6.8%

USD Non-Farm Employment 248k 235k Change

USD Unemployment Rate 5.9k 5.9k

15:15pm USD Fed Chair Yellen Speaks - -

Featured Posts
Recent Posts
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
Search By Tags


The information and content held within this website has been created by Forex Masters and are for educational purposes only. Forex or stock trading has no guarantees. There are many factors including general economic conditions that can have an impact on your investment and past results are not indicative of the future. Spread betting and CFD's can put your money in jeopardy, as the financial or stock markets can move quickly and go up and down against your investment. Invest with capital which is reasonable to you as the investment may fail meaning you lose it plus have to pay additional money. Spread betting is not for everyone, so make sure you fully know the risks and get guidance from a professional trader if required.


Risk warning: Trading Foreign Exchange (Forex) and Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all of your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience.