The National Australia Bank monthly survey showed that business confidence is rising but this has yet to translate into improved trading conditions. The monthly survey fell 4 points to -14.
Australian business conditions turn negative
Source: www.forexlive.com
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EUR/USD technicals: trend still bullish
The move from 1.4340 to 1.3800 can be considered a completed retracement and the market is gearing for the next push higher. The subsequent bounce from 1.3800 to 1.4180 has also completed a retracement, 61.8% in this case to 1.3950, and this level is now expected to be the base for the next push...
Six best Step Two robots are selected for closer inspection
Having identified the range of parameters where a Step Two trading system has the greatest advantage over Step One (in the course of a Step One vs Step Two performance comparison), I proceed by narrowing down the range of adjustable system parameters even further. I select six "best" algorithmic...
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Romania Central Bank Keeps Rate at 6.25%
The Banca Nationala a Romaniei kept its key monetary policy interest rate unchanged at 6.25%. The Bank said: “Disinflation...
GBP-USD-daily review by Real-Forex
GBP-USD Date: 08.01.2012 Time: 16:40 Rate: 1.5428 Strategy: Short/Long 4 Hour Chart The price is very close now to the lower ranging level on...