http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-14.htmlOverview Markets never see a shakeout until everybody is fully invested. I think we might see the likes of the EUR, GBP and AUD take a breather today, after strong gains again overnight. Please see below for today's trade ideas For those interested, I will be presenting a webinar for FX Street today at 0500GMT. Hope to see/hear you there. Data for Today EU: CPI US: CPI US: IP and Cap-U US: U. of Michigan Confidence Trades for Today EUR: Sell movesFri, 14 Aug 2009 01:34:56 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-14.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-13.htmlOverview The real world and the financial markets are miles apart! The overnight comments from the Fed suggest the good times are back, and that financial doomsday has been avoided. Despite my scepticism, I can no longer stand in front of this train, I have to go with it. Markets never see a shakeout until everybody is fully invested. Please see below for today's trade ideas For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT.Thu, 13 Aug 2009 02:20:06 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-13.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-10.htmlOverview A bit of a mixed bag post payrolls - stocks up, but so is the USD along with yen crosses. Elsewhere, the EUR, GBP and AUD are down, along with Gold. The EUR's break back below 1.4350 suggests this could now be resistance, while a move back towards 1.40 cannot be ruled out. Please see below for today's trade ideas For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today Trades for Today EUR:Mon, 10 Aug 2009 01:55:31 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-10.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-06.htmlOverview You have to be quick to take your profit off the table in this current market! Overnight, stocks weakened slightly, but the bears still failed to gain control, despite soft jobs data. The EUR again found support around 1.4350 - the old resistance level. AUS jobs data was better than expected today, continuing the give the AUD support Please see below for today's trade ideas For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT.Thu, 06 Aug 2009 02:04:38 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-06.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-05.htmlOverview You have to be quick to take your profit off the table in this current market! Overnight, stocks looked to weakening in London, which then saw the yen crosses along with the AUD and gold slip, but all this turned around in the US session on the back of more good economic numbers. Tonight's ADP report will set the mood ahead of Friday's NFP data. A good jobs number could be another nail in the USD's coffin. EURUSD broke up through that 1.4340 area I mentioned earlier inWed, 05 Aug 2009 02:07:31 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-05.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-04.htmlOverview Stocks continue to lead the global markets, and the USD feels the full brunt of the selling. Baiscally, there isnt a great deal on the horizon that could see the tide turn significantly in the short-term. EURUSD broke up through that 1.4340 area I mentioned yesterday. This area now becomes good support. The AUD remains well supported on the back of solid retails sales data earlier today, and positive comments from the RBA following their meeting today. Please see below for today'sTue, 04 Aug 2009 03:08:30 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-04.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-03.htmlOverview Stocks continue to lead the global markets, and the USD feels the full brunt of the selling. EURUSD has traded around the top of its recent 2 month range around 1.4330. A break up through 1.4340 could prove decisive as could another failure. Please see below for today's trade ideas For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today US: ISM Manufacturing US: Construction SpendingMon, 03 Aug 2009 03:46:16 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-08-03.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-30.htmlOverview China's market is down 5% overnight, and the world's stock markets react for a few minutes and then look to resume the rally. What is going on here? I remain short AUDJPY, and AUDUSD in small size. Please see below for today's trade ideas For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today US: Weekly Jobless Trades for Today CADCHF: Sell a break of 99.40 Email for detailsThu, 30 Jul 2009 02:18:53 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-30.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-28.htmlOverview Market's are showing signs of tiring. US Dollar Index is due for a bounce. Gold was unable to sustain the break above 956. The planets are starting to line up folks for a good turn around. I remain short AUDJPY, and AUDUSD in small size. Please see below for today's trade ideas For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today US: Consumer Confidence US: Richmond Fed.Tue, 28 Jul 2009 04:02:31 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-28.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-27.v02.htmlOverview Market's are showing signs of tiring. US Dollar Index is due for a bounce. Gold was unable to sustain the break above 956. The planets are starting to line up folks for a good turn around. I remain short AUDJPY, and AUDUSD in small size. Please see below for today's trade ideas For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today US: New Home Sales Trades for Today CADJPY:Mon, 27 Jul 2009 02:32:07 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-27.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-24.htmlOverview Market's are showing signs of tiring. US Dollar Index is due for a bounce. Gold was unable to sustain the break above 956. The planets are starting to line up folks for a good turn around Please see below for today's trade ideas For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today UK: GDP US: Michigan Consumer Sentiment Trades for Today AUDJPY: Sell moves towards 77.50 Email forFri, 24 Jul 2009 00:35:04 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-24.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-23.htmlOverview Market's are showing signs of tiring. US Dollar Index is due for a bounce. USD is weak in Asian trade today, while yen crosses are firmer across the board. Having said that though, look at gold and how it looks to be building up the pressure to break up through 955. Please see below for today's trade ideas For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today UK: Retail Sales US: WeeklyThu, 23 Jul 2009 04:22:37 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-23.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-21.htmlOverview Market's are showing signs of tiring. US Dollar Index is due for a bounce. Please see below for today's trade ideas For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today US: Bernanke starts 2 day testimony Trades for Today CADJPY: Sell 84.80 USDCAD: Buy a abreak above 1.1095 Email for details regarding stop-loss and profit targets . You can also now get me on twitter at:Tue, 21 Jul 2009 02:40:58 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-21.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-14.htmlOverview China's data today points to a less than rosy picture. Going into the end of the week i think we might see some profit-taking in US stocks, which will flow through to a pullback in the likes of GBP, AUD, and various Yen crosses. For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today US: Weekly Jobless US: Philly Fed Trades for Today AUDUSD: Sell moves towards 0.8000 GBP: Sell movesTue, 14 Jul 2009 02:20:54 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-14.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-13.htmlOverview The market continues to move between risk averse and risk tolerant. Once again it seems that the FX market is looking to the stock market for a lead. On Friday we saw another move back into safety as we saw the Yen and USD firm, while the AUD and commodities weakened. In Asian trade today we've seen the reverse happen, but traders remain cautious. With US reporting season will hot up tomorrow with Intel and Goldmans reporting. The stock market's movementsMon, 13 Jul 2009 01:38:57 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-13.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-09.htmlOverview Another move back into safety overnight as we saw the Yen and USD firm, while the AUD and commodities weakened. With the Yen crosses coming off considerably, you have to start thinking about the BOJ maybe stepping in here somewhere. With US reporting season starting this week, the stock market's movements suggest a "sell the rumour-buy the fact" approach. We could see firmer stocks later in the week.   The buyers finally ran out of patience with Gold pushing the metal belowThu, 09 Jul 2009 05:31:32 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-09.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-07.htmlOverview A surprising turn-around overnight - USD was firm in London, only to reverse all gains in NY as the EUR, GBP and AUD bounced. With US reporting season starting this week, the stock market's movements suggest a "sell the rumour-buy the fact" approach. We could see firmer stocks later in the week.   Gold tried to bounce in line with the EUR overnight, but looks like it's headed lower before it turns again. For those interested, I will be presenting webinars for FXTue, 07 Jul 2009 03:21:20 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-07.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-06.v04.htmlOverview Could be a lacklustre start to the week today, as the markets return from the US holiday and in the absence of any major data releases Asian stocks have been weak all day, suggesting yen crosses could remain capped for the Europe and US sessions Gold remains range bound like the rest of the market, between 925-945 For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today US: ISMMon, 06 Jul 2009 05:06:31 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-06.v04.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-02.htmlOverview Disappointing ADP report out last night, suggests tonight's Payrolls data could show about 500k job losses for the month. What is China thinking - talking up a new reserve currency again last night? With the 4th July holiday coming up this weekend, im expecting the market action will wind down shortly after Payrolls is released today Best to trade for small gains in this sort of market. Gold bounced overnight on the back of the USD weakness, but remains range bound like the restThu, 02 Jul 2009 01:54:13 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-02.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-01.htmlOverview Alot of data out tonight on both sides of the Atlantic. Not sure which way it's headed, but given that the USD strengthened yesterday, we might see it go the other way today as the market remains rangebound. Best to trade for small gains in this sort of market. Gold will have resistance now around 935, with good support down around 915. For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data forWed, 01 Jul 2009 03:50:32 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-07-01.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-26.v02.htmlOverview An all to confusing session overnight - I cant seem to find any sensible reason to explain what happened last night. The USD came off, stocks went higher, along with commodities. The US data was nothing too spectacular either. Best to stand aside in these sorts of circumstances and await a clearer picture. Gold continues to firm in Asian trade today, but a break back under 930 could put an end to this recent strength. For those interested, I will beFri, 26 Jun 2009 01:30:42 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-26.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-25.htmlOverview All a bit boring really - the Fed meeting went as expected, the data was unsurprising, and US stocks remain choppy. Tonight's US GDP should be worth a look, also Bernanke's testimony to BofA enquiry The bounce in gold could be short lived if we break back under 923, particularly the way it rejected the push towards 940 overnight. For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today US: GDPThu, 25 Jun 2009 04:37:27 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-25.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-19.htmlOverview In case you have been wondering, I have been away this week investigating some new trading techniques which are looking very encouraging at this stage. Over coming weeks I will be looking to implement some of these tools into my trading with the results for all to see. Not much to do today it would appear. I would expect the USD to remain well contained going into the weekend. Gold continues to hug the trendline which comes in around 929 today. A break below could send usFri, 19 Jun 2009 02:05:01 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-19.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-12.htmlOverview The USD came under pressure again overnight as the markets managed to survive the latest US Treasury auctions. I'm a Buyer of gold on a pullback towards 920, and/or a break above 962, with initial resistance around 967 is proving hard to get through. For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there. Data for Today US: U. of Michigan Confidence Trades for Today GBPCHF: Sell a break belowFri, 12 Jun 2009 04:28:55 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-12.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-11.htmlOverview What started out to be a slow week is slowly ending in the same way. However, all this could change tonight, given it's Thursday. Alot of the focus will be on the 30Yr Bond auction, following the disappointing 10Yr Note auction overnight. A poor auction could see the USD firm again. EUR looks to be developing a 1.38-1.43 range, with interim resistance around 1.4080 today. Today looks like being a day of USD strength, stocks down, and gold down. Crude oil is quietly trading higherThu, 11 Jun 2009 03:27:18 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-11.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-09.htmlOverview A slow to start to the week so far, with little in the way of economic data. A report in the UK papers this morning suggests the IMF is calling for the ECB to step-in and cleaning up the European banking system. The article lifted the USD in Asian trade, and caused Gold to slip back to near the overnight lows. I'm a a Buyer of gold on a pullback towards 920, or if we see a break above 955 today. For those interested, I will be presenting webinars for FX Street everyTue, 09 Jun 2009 05:05:12 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-09.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-04.htmlOverview Good economic data, and over-bought currencies helped the USD to bounce overnight. The question now is that has the Dollar Index put in a short-term low, or is this bounce just a 2-day respite before the bears takeover again? With the ECB and BOE meetings tonight im looking for no rate cuts but perhaps some comments about the recent USD weakness. This could see the EUR and GBP come off further later today. Gold also suffered from profit-taking as traders got edgy as weThu, 04 Jun 2009 04:55:27 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-04.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-02.htmlOverview Good economic data, and over-bought currencies helped the USD to bounce overnight. The question now is that has the Dollar Index put in a short-term low, or is this bounce just a 2-day respite before the bears takeover again? Gold also suffered from profit-taking as traders got edgy as we approached the $1000 mark. Support will be around 960, but this pullback could extend to around 945. Australia's central bank as expected, left rates unchanged today. While commoditiesTue, 02 Jun 2009 04:43:46 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-02.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-01.htmlOverview The early part of the week will see the USD remain pressured with alot of the focus on the FOMC. We might see a bounce late in the week ahead of payrolls data on Friday. How long do you think the Europeans and the Asians will let their currency appreciate against the greenback before intervening?  Gold has continued to power in Asian trade today, starting to look too hot as we approach the $1000 mark. For those interested, I will be presenting webinars for FXMon, 01 Jun 2009 02:00:10 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-06-01.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-28.htmlOverview Overnight, we saw the USD try to stage a fight back as stocks gave up Tuesday's gains. US Treasury yields also spiked, adding to the weakness in stocks and placing US debt issues under the spotlight again. The whole world is now talking/writing about how the USD is going to go into meltdown and that the US government isnt too concerned. Either this will be self-fulfilling prophecy or most of the market will be caught with their pants down. Secondly, how long do you think the EuropeansThu, 28 May 2009 02:36:30 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-28.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-27.htmlOverview Another slow week so far, what with the holiday on Monday and unpredictable trade overnight. The whole world is now talking/writing about how the USD is going to go into meltdown and that the US government isnt too concerned. Either this will be self-fulfilling prophecy or most of the market will be caught with their pants down. Secondly, how long do you think the Europeans and the Asians will let their currency appreciate against the greenback before intervening.  WeWed, 27 May 2009 05:05:34 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-27.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-21.htmlOverview Hands up anyone who has made any decent money this week!! This week we've seen the FX market move away from being linked to movements in stocks. We have also seen a move towards selling the USD for various reasons, and seen the re-emergence of the old inverse relationship between Gold and the USD. It wouldnt be such a bad thing for this to continue - trading would become a little easier. A pullback in the GBP and AUD looks to be on the cards today following another strong sessionThu, 21 May 2009 02:21:22 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-21.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-20.htmlOverview It's turning into another tough week of trading. The markets are traipsing around at the moment, with little in the way of direction, and providing little reasoning for any of the moves.  So far in Asia today we've seen the USD firm up and the EUR come back to test support around 1.3580. Looking ahead, and I expect this mood to continue into London. The AUD has also come back under 0.7700 after an overnight buying spree.  Precious metals are sticking their headsWed, 20 May 2009 02:49:16 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-20.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-19.htmlOverview It could be yet another nothing week coming up. There's little in the way of economic data out of the US, the highlights being housing starts data tonight and FOMC minutes tomorrow.  Overnight we saw some strange action - stocks went up, the USD went down, but Gold also went down, suggesting we saw a move out of the safe haven play. Gold and silver's break down last night hasn't continued thus far in Asian trade today with both popping back up to around 921 abd 13.90Tue, 19 May 2009 02:04:28 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-19.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-18.htmlOverview It could be yet another nothing week coming up. There's little in the way of economic data out of the US, the highlights being housing data tomorrow and FOMC minutes tomorrow. FX movements remain linked to the stock market, and so far today Asian markets are lower, suggesting stocks could start the week on the back foot. This would translate to some USD strength as traders move out of risk. This also leads to weakness in the metals. The precious metals continue to lackMon, 18 May 2009 02:06:18 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-18.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-15.htmlOverview A bit of a nothing week really. Once again any FX movements are linked to the stock market, and as we come into a swag of US data today, the stocks could go either way dpending on whether or not the data shows any sign of inflation appearing on the horizon. The precious metals continue to lack any excitement. Gold is trapped in the 920-930 range and a move either way will determine the market's direction. Meanwhile, silver is trapped between 13.80-14.30. Data for TodayFri, 15 May 2009 02:26:25 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-15.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-12.htmlOverview Nothing to report today. The markets have been lacklustre for most of the day, unable to decide if stocks should add to yesterday's losses or have a bounce. As such, the FX market cant decide if the USD should bounce, or the dip in the EUR, GBP and AUD should be bought. Later today, we have the Australian budget released - not a big deal for the rest of the world i know, but a deficit of more than $70 billion would be bearish for the AUD. The precious metals continue to lack anyTue, 12 May 2009 04:38:32 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-12.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-11.htmlOverview I dont think I could have gotten it any more wrong on Friday. Fortunately it wasn't too costly. The USD collapse on Friday, coupled with the EUR roaring thru its 200 DMA would suggest that we could see some sort of rebound this week. I guess it's all stock market dependant at the moment. The precious metals were disappointing on Friday, given the rally against the USD. Silver is still leading the way up, which suggests that we're closer to a pullback.  Data forMon, 11 May 2009 04:35:07 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-11.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-08.htmlOverview Surely this USD Index can find some friends down here around 84.00. Similarly, tonight I can see the stocks coming off, along with the precious metals and a move out the risk plays again. Not much doing before Payrolls today, expecting 600k job losses Data for Today US: NFP Trades for Today Sell AUDJPY under 74.20 Please email me for details on profit target and stops. Last month my clients made nearly 900 pips . Please email me to see how you can become involved.Fri, 08 May 2009 04:59:28 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-08.htmlhttp://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-07.htmlOverview Surely this USD Index can find some friends down here around 84.00. If I ever give a trade in USDCAD again please shoot me!! I have finally discovered why it's called "the looney"  ECB and BOE meetings today. The ECB is the one to watch for any sign of credit easing in Trichet's post-meeting comments. Aussie employment data came out today, much stronger than expected - looks like the aussies won't be cutting rates again in a hurry. Meanwhile, last night's ADP reportThu, 07 May 2009 02:20:30 GMThttp://www.fxstreet.com/fundamental/market-view/abdul.khan@tricom.com.au (Income Generation Strategies)http://www.fxstreet.com/fundamental/market-view/fx-levels-for-today/2009-05-07.html