Hello forex peeps! On today’s fx feature is the 4-hour chart of the fiber or the EURUSD pair. In my previous post about it (please see it here) last...
EURO Soared Over the US Dollar On Dismal NFP Result – August 6, 2010
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EUR/USD clawing back lost ground
The threat of some significant buying interest at 1.3925 has dulled the bear’s appetite for risk and shorts have continued to book profits on the EUR/USD, with the pair back again towards 1.40. Dealers report a mixed bag of selling interest and trailing stops above the figure. The previous...
The systems of forex day trading
Ecommerce Journal Traders use several systems to buy and sell currency throughout the day with the expectation that the forex or stock will rise or fall in no seconds so as ... See all stories on this...
Video: Markets tell Bernanke: Take a Hike!
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Usd/Cad reverses early rally
Here’s a good one, Canadian payroll data is worse than expected while US data massively trumps consensus, which shows us the sell USD reflation trade is still on. With commodities also enjoying a huge lift from the payrolls the Loony is a major beneficiary, currently at 1.0983 after hitting...
Usd/Jpy approaches trendline resistance at 98.25/30
The sharp turnaround in the Dollar’s fortunes has dismayed many a trader, but there now seems to be a real US is the first to come out of recession trade developing. Usd/Jpy has continued to firm taking out offers at 98.00 before reaching 98.20. Further gains will be tough as Jamie pointed...