USDCHF broke above the downtrend line from 1.0624 to 1.0464, suggesting that a cycle bottom is being formed at 1.0257 on 4-hour chart. Key resistance...
USDCHF broke above the downtrend line from 1.0624 to 1.0464
Source: feedproxy.google.com
Read more...
Google Cuts Pricing On Cloud Storage Services By 15% (GOOG,AMZN)
3-7-12-Google (NASDAQ:GOOG) cut its pricing on its cloud storage services by as much as 15% in the wake of similar price cuts taken by...
How Much Time Do You Spend on Forex Trading?
The majority of the professional Forex traders spend full working day on trading. I spend no more than an hour a day to trade. Usually even less. Some traders that I know trade during London/U.S. sessions’ intersection (four hours). Actually...
EUR/GBP retains bid; sell orders noted
EUR/GBP sits at .8585, retaining it’s earlier bid-tone. As mentioned previously a large hedge fund has been a notable buyer of the cross today. Sources now report option-related sell orders lying up at .8590/00. I’d hazard a guess they’ll also be some stop loss buy orders...
UK Budget TODAY
On Wednesday 21 March 2012 at 12:30pm GMT the Chancellor George Osborne will present his Budget for 2012, setting out the Government’s plans for the economy and public finances in the year ahead. The Budget takes place as the UK recovers from the financial crisis of 2008 and 2009. The action the...
The Greenback Awaits the Release of the Nonfarm Payrolls
Today’s U.S. NonFarm Employment Change data release is set to dominate the trading between the Dollar and its major currency pairs. A number of other factors are also likely to impact the forex market today, such as European Central Bank Chairman Jean-Claude Trichet’s speech at 7:50...