When we talk of forex trading, there are many resources for 'beginners forex trading' out there to help you learn the ropes. There are online educational programs, seminars and even one-on-one training available. ...
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Currency Correlation with Stock Market Remains Intact | Forex Blog
Part of what makes a good currency trader is discerning which of these scenarios accurately describes the current reality in forex markets, so that a viable forecast and trading strategy can be implemented. Scenario 1 suggests that if ... Forex Blog -...
Soaring yields giving USD/JPY fresh boost into the weekend
With the short-end of the US yield curve anticipating rates hikes as early as September, short-term rates have backed up in breathtaking fashion today. 2-year notes are 36 bp higher in yield, an astounding move in a maturity that short. A move that large has awakened USD/JPY, sending the pair...
EURJPY tops out above 137.60
Not much interest in EURJPY today with sellers sighted between 137.60 - 137.80 and buyers lining up at 137.00. Intraday technical traders are looking at the 100 hr MA which comes in at 137.15 to contain the downside. EURUSD is trading in tandem with the up move from earlier this morning mirroring...
Further analysis of the day-range strategy. Selecting the forecasts to trade.
In the January performance review for the Danica trading system, an idea of a day-range trading strategy capitalizing on the high quality forecasts for the direction of daily high and low was expressed and a set of what-if charts for the forex pairs tracked was provided and discussed. This post is...
FOREX-Dollar falls as US debt concerns weigh
By Harpreet Bhal and Jessica Mortimer LONDON, June 11 (Reuters) - The dollar fell broadly on Thursday, dented by concerns about rising levels of US debt and ... See all stories on this...