After the recent bear move for the EURJPY, the pair has consolidated in a nice trading range overnight. The pair has found nice support around the 150.60 level which has been tested 5 times already this month (starting Sep. ...
forex-indicators.jpg Maybe you doubt it, but since 2006 I do my forex trading without any Indicators using Daily20pip system, just playing around with OHLC (Open High Low Close) data and I still in this game today. ...
Forex Trading News: JPY Leading Indicators Released
The JPY Leading Indicators came out at 91.6% from the previous 91.3%. A rise to 91.8% was forecast for this release. The JPY did not react much to this data as the release was very close to forecast.
The UK Trade Balance came out at -7.7B again from the previous -7.7B. A slight rise to -7.5B was expected. The GBP softened up slightly across the board initially after this data release.
Forex Trading Breaking News - EU Revises GDP Forecasts
The European Union lowered the 2008 GDP growth forecast to 1.3% from 1.7%, and advised of significant downgrades in 2009 on the growth front. The EU also raised it's 2008 inflation forecast to 3.6% from 3.1%. ...
Forex News: NZD Overseas Trade Index q/q Out at -0.5 Better Than ...
NZD Trade Index Forecast at -1.0%. Previous 4.1%. Actual: -0.5%. Change in the price of internationally traded good and services. Official Source: http://www.stats.govt.nz/default.htm.
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US Dollar Trading (USD) had a very volatile day as weak US data was countered by a continued slide in commodity prices. US July Pending Home Sales came in weaker than expected at -3.2% vs. forecasts of -1%. Oil fell over $4 a barrel as ...
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EURO. The euro appreciated vis-à-vis the US dollar Tuesday as the single currency tested offers around the US$ 1.4225 level and was supported around the $1.4045 level. The common currency reached its lowest level since 9 October 2007 ...
Forex trading systems and online forex trading has become increasing accessible and understandable to non-brokers and banks in recent years. forex market trading is about trading currency between countries globally. ...
NIESR GDP Estimate. Forecast 0.1%. Previous -.1%. Actual -.2%. Change in the estimated value of all goods and services produced by the economy during the previous 3 months. Released monthly about 7 days after month-end. ...
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Forex Trading - EUR/USD Trading in a Downward Channel
The EUR/USD pair has been trading down the channel depicted below for the last few weeks, trading off some significant points highlighted below. The pair has now entered a new 80 pip trading range, where its been trading off support and ...
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EURUSD heads down again. EURJPY tests 200 week moving average
The EURUSD has moved back below the 1.4100 level. The 1.4207 level (100 week moving average remains the key level to the upside. Otherwise the bias is to the downside. The EURJPY just reached an 11 month low. The pair is testing the 200 ...
Forex Trading Sentiment Forecasts British Pound Rallies (Daily FX ...
Our forex sentiment indicator forecasts that the British Pound is likely to rally against the US dollar through short term forex trade, as traders have actually flipped from net-long the GBPUSD to net-short in the past day of currency ...
No news out of the US today. Mortgage Applications did come out ...
Earlier US Mortgage Applications came out up 9.5% last week. Lower interest rates helped buying and refinancing. The purchase index increased by 6.4% and the refinancing index rose by 15%. The average rate of 30 year mortgage fell to ...
Lehman looking to divest itself of businesses to save self
To sell Majority stake in investment management business in an auction. Reports a lows of $5.92 per share. Cutitng dividend. Residential mortgage cut by 47% and commercial real estate exposure cut by 18%. Will spin off commercial real ...
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Forex Trading - EUR/USD Trading in a Downward Channel
Forex Trading - EUR/USD Trading in a Downward Channel The EUR/USD pair has been trading down the channel depicted below for the last few weeks, trading off some significant points highlighted below. The pair has now entered a new 80 pip ...
Forex Trading Signal 09/10/08 - Today, 06:33 AM Hi there my Forex friend Hi-Quality Preview/Review: 1) 9-10-2008.swf (http://www.tcswanson.com/sirpipsalot/9-10-2008.html) UK Industrial Production went a bit lower than expected, ...
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A rise to 0.1% was forecast. The French Trade Balance came out at -4.8B from the previous -5.6B. This was forecast for a rise to -5.1B. The EUR was able to strengthen up after both of these sets of data came out better than forecast.
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Trading the Forex market has became very popular in the last few years. But how difficult is it to achieve success in the Forex trading arena? Or let me rephrase this question, how many traders achieve consistent profitable results ...
Forex Trading News: UK Trade Balance Released The UK Trade Balance came out at -7.7B again from the previous -7.7B. A slight rise to -7.5B was expected. The GBP softened up slightly across the board initially after this data release. ...
Forex Trading Breaking News - EU Revises GDP Forecasts
Forex Trading Breaking News - EU Revises GDP Forecasts The European Union lowered the 2008 GDP growth forecast to 1.3% from 1.7%, and advised of significant downgrades in 2009 on the growth front. The EU also raised it's 2008 inflation ...
The Turkish GDP expected to be released at 3.7% year over year, came in weaker than the survey at 1.9%. The prior months reading of 6.6% was revised up to 6.7%. The TRY/USD pair has had a minimal reaction to this weak report.
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After much news that the US economy was in turmoil and the dollar was growing weaker, analysts have finally seen some positive occurrences in this past week. As of Wednesday the dollar rose against the GBP. ...
Forex Trading News - Turkey Gross Domestic Product The Turkish GDP expected to be released at 3.7% year over year, came in weaker than the survey at 1.9%. The prior months reading of 6.6% was revised up to 6.7%. ...
Forex Trading News - ECB's Trichet Speaks at European Parliament
Forex Trading News - ECB's Trichet Speaks at European Parliament The European Central Bank's Trichet spoke at the European Parliament, his speech had the following highlights:. read more. Go to Full Article.
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