By Fast Brokers - We got nice movement to the upside from the USD/JPY on Friday after the currency pair got above [...]
USD/JPY Pops Up to our 3rd Tier Downtrend Line
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Who declares pandemic; no restrictions on movement of people, goods or services
The World Health Organization has declared a swine flu pandemic but does not recomend restrictions on movement of people goods or services. That should end market concerns over the issue once and for...
How To Trade Forex Currency Market
Until recently, trading the currency markets was inaccessible to the average investor. Fortunately, Forex has opened currency markets to anyone with a computer, an internet connection, and the ability to learn. Currency Trading -...
EUR/USD, GBP/USD steady
Aforementioned buy orders in EUR/USD at 1.3950/60 have managed to soak up the early selling pressure and we’re presently back up at 1.3970 from a 1.3953 session low. Technical resistance now lies up at 1.3995/00. Elsewhere cable has seen a nice bounce from aforemnetioned support at 1.6270,...
FOREX VIDEO - Pre London Outlook August 6th 2009
Hey everyone, happy to be back from Vegas and ready to do some real trading again. For this presentation I examine the Pound Swissy and Euro Yen. Given that this is NFP week I build a few very conservative trade plans. We have officially made our 1st lower high on the hourly Dow and S and P charts....
Reflation trade gathers footing
Stocks are off their early lows, down about 0.5% in mid-morning trade while oil has rebounded better than a dollar from it’s erly sell off and now trades at $72.20. EUR/USD is getting a boost, as one would expect, now at 1.390. Look for sellers in the 1.4030/40 area first time up. Dealers...