Forex Technical Analysis EUR/USD is in a downtrend, after peaking at 1.5146 (Nov .25,2009). Technical indicators are descending, and trading is situated ...www.actionforex.com/.../forex-technical-analysis-201008271...
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European Morning Forex Wrap Up; Market on hold ahead of non-farm ...
EUR/USD started around 1.4880 and gently ticked higher eventually reaching session high 1.4905, where ACB selling emerged capping the rally. Comments from ECB’s Nowotny, suggesting any ECB tightening is some ways away, helped pressure the pairing and we’ve drifted back to where we started,...
Irish PM survives confidence vote
First Gordon Brown survived the worst week of his political life and now the PM of the struggling Republic of Ireland has survived a confidence vote. With Ireland in financial disarray, wide politicians will wait on the sidelines rather than trying to catch a falling knife. EUR/USD is consolidating...
Lots of buyers in the AUD/USD
As we mentioned earlier this morning, all the weak stops were triggered in the AUD/USD below .7875 last night in early Europe and now there are lots of buyers emerging from the woodwork. The AUD/USD has jumped from .7880 to .7930 already this morning and one dealer I spoke with sees it going to...
Reflation trade on fire after payrolls
Stocks are surging, oil is above $70, gold is back above $980 and the dollar is falling versus the majors except the yen. The global reflation trade is trumping good US-specific news in terms of the dollar. EUR/USD has reached 1.4265 thus far and USD/JPY 97.52. We are well above the 200-day average...
Selecting A Good Forex | Forex Trading & Currency Trading Systems
The world of Forex has become very influential today and the major power behind it is to know what kind of software to chose. A good trader today should learn how to work with a Forex. The major question people will ask is why needing ... Forex Trading & Currency Trading Systems -...