EUR/USD has just broken through the bottom it’s recent support line (noted in BLUE on the below image). The start of that [...]
EUR/USD at Support Levels
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Iran Sanctions, the Strait of Hormuz and Oil Prices
Iran Sanctions, the Strait of Hormuz and Oil Prices by David Fessler, Investment U Senior Analyst Friday, January 13, 2011 On New Years...
‘Lunchtime’ Forex trade video + big giveaway
Read every word of this post because it has BIG NEWS for you if you trade Forex (or have always wanted to)… *** BIG NEWS ITEM #1 *** I just got my hands on Part 3 of Bill Poulos’s new Forex training video series. This one is cool, and very unique… it shows a “live”...
US Economy Awaits ADP Nonfarm Employment Figures
The Dollar continued its freefall against all the major currencies despite positive housing data figures from yesterday. Today, at 12:15 GMT, Forex traders will have the ability to enjoy hefty volatility in the market as the ADP Non-Farm Employment Change will be released. ForexYard also advises...
Oh no! Another Canadian election?
I doubt it. Canadian voters have been to the polls more than the Italians in recent years and have very little appetite for a return trip. Nonetheless, the Liberals are threathening to bring down the Tories unless they relent to demands for amended jobless benefits. Just one more layer of risk,...
EUR/GBP long term technicals
The 61.8% Fibo at .8490 should provide initial support but a break below there will target an interim low at .8260, which also coincides with the long term trend line. The previous important low at .8635 is now the first level of resistance with little behind there until...