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Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.

Factory Orders -2.5%. ISM Non Manufacturing 49.3.

Posted by Greg Michalowski on Wed, 03/05/2008 - 10:06am in

The ISM was stronger than expected while Factory Orders were as expected.  The Stocks have rallied off the better service number and caused the USDJPY to test top side 100 hour moving average.  The GBPJPY has also surged and is now above 206.00. 

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