... BOE, and SNB Rate Cuts European currencies including the euro, British pound, and Swiss franc were hit hard on Thursday as three of the biggest central banks in the continent – the European Central Bank, the ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

... interest rates, Canada will show a decline in GDP, and the German Ifo Business Climate will dominate European news. The upcoming week in forex trading features a return of data from the US. The ...

forum topic - azka - 2009-01-25 19:28 - 0 comments

The EUR/USD broke important resistance levels of 1.3060 yesterday, climbing ... 1.32. This morning's better than expected IFO news saw the euro continue to rally against the buck towards 1.3350, however, the move was not strong enough to sustain ...

forum topic - azka - 2009-01-28 13:21 - 0 comments

... “What we’re starting to see is glimmers of hope across the economy,” the president told reporters at the White House after getting an update on the ...

forum topic - azka - 2009-04-11 23:07 - 0 comments

EUR/USD is trading heavily since the beginning of the week, and the break of psychological 1.30 was done and dusted in a matter of minutes! As ...

forum topic - azka - 2009-01-21 23:36 - 0 comments

Following the trend is an accepted way of making money from trading. Trends persist and ... It is at these turning points where we can trade with the best risk / rewards. Spotting them is easy when you know what to look for. The key to spotting these trend changes is the reaction of traders themselves. ...

forum topic - azka - 2009-02-19 05:57 - 0 comments

... occurred. Economic data out of Europe does not yet denote the drastic weakness we see in the US. The most likely trading range for EURUSD this week is 1.2400-1.3100. ...

forum topic - azka - 2008-12-08 00:13 - 0 comments

... their attention in today’s data which may determine the market outlook for now. After yesterdays 50 pbs cut from ECB and a hefty ... their fall with DOW JONES down almost 400 points and NIKEI the same. Today the main event investors are anticipating is the payroll data ...

forum topic - azka - 2008-12-04 03:29 - 0 comments

Today the calendar is almost empty from important economic reports out of US and the only news we had was the inflation report of BOE and speech by King. The report showed that UK ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

The euro hit a one-month low against the dollar and a three-week trough versus the yen on Monday due to uncertainty over policy steps the European Central ...

forum topic - azka - 2009-04-21 06:03 - 0 comments

Today the economic calendar is almost empty, with only important events being PPI out of UK in the morning and later a testimony by Trichet in front of the European Parliament regarding the economic crisis and the monetary policy. ...

forum topic - azka - 2008-12-08 23:06 - 0 comments

A stock buyback is not the golden ticket to easy stock market profits but it does indicate a favorable ... been shown to reduce volatility and increase returns in the long term compared to large cap market indexes like the S&P 500. Stock buybacks have been increasing in frequency ...

forum topic - azka - 2009-01-23 11:00 - 0 comments

On Wednesday the ISM manufacturing report climbed to 36.3, the third consecutive gain. The ISM report can be used as a good gauge for the upcoming GDP numbers. The ...

forum topic - azka - 2009-04-02 09:07 - 0 comments

The EUR/USD is trading heavily since yesterdays FOMC Mobile News Alert announcements and hasn’t stopped to breath. The pair broke important 1.35 very easily and also 1.36. Now it is trading above 1.37 and it looks like 1.38 Mobile Price Alert is the next target! The whole move is happening very fast and it makes one wonder ...

forum topic - azka - 2009-03-20 02:08 - 0 comments

Price action on the USD/JPY (a daily chart of which is shown) has just made a precise double-test of the pair’s 13-year low that was recently established in mid-December 2008. This extreme support level resides just a few pips above the 87.00 mark. Wednesday’s price bar (1/22/2008) descended all the ...

forum topic - azka - 2009-01-23 10:49 - 0 comments