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Euro and Pound Rally -To be Continued?

... 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 further gains and as the pair appreciated more than 500 points in the last two days, a ...

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

e-book Trading In The Buff

... meant for people that are overpaying for all the bells and whistles that charting platforms like TradeStation have. You don't need to spend any more money on fancy software. You can use this on a simple ...

forum topic - azka - 2009-02-18 02:04 - 0 comments

British Pound, Euro and Swiss Franc All Dive Nearly 2%

Euro, British Pound and Swiss Franc All Dive Nearly 2% on Coordinated ECB, BOE, and SNB Rate ...

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

Pound Signals Further Losses Ahead…

... 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 pound has fallen to new records against the euro and new multi year lows against the dollar after BOE’s inflation report ...

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

Euro range bound still, Sterling not as strong this week

EURO Report Scenario Analysis Last week we indicated that EURUSD would ... for EURUSD this week is 1.2400-1.3100. The EURUSD rally following the ECB cut can be understood as a relief rally, much like the ... opportunities but would likely sell EURUSD below 1.24 and buy EURUSD above 1.31, with approx. 100p SL points and 300p TP. Current ...

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

FOREX Euro hits 1 month low vs dollar on ECB uncertainty

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 Bank may take. * ...

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

Obama Aftermath Fails to Raise Confidence…

... 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! ... traders are exiting all other currencies, especially the euro and pound. The pound has plunged since Monday after a short term rally ...

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

Dollar Correction or Something Deeper?

... since yesterdays FOMC Mobile News Alert announcements and hasn’t stopped to breath. The pair broke important 1.35 very easily and ... the next few weeks… As a last note, do not let the euro and pound rally misguide you into thinking that all of a sudden Euro zone ...

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

Republic of China Constructing Blows up at Quicker Tread as Asset Bubble Risks Addition

... company that releases data for the Federation of Logistics and Purchasing. The figure was in line with the median appraisal in a Bloomberg ... Manufacturing Countries from Republic of India to the euro region to the U.S. also release factory PMIs today. Australia, whose ...

forum topic - azka - 2010-04-01 03:24 - 0 comments

Bad Payroll Data

... outlook for now. After yesterdays 50 pbs cut from ECB and a hefty 150pbs from BOE and also Trichet’s implication that there is more easing to come, markets continued their fall with DOW JONES down almost 400 points and ...

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

November 13 market commentary and technical

... against Greenback yesterday. The pair bottomed at 1.4830 and closed at 1.4853. From a longer term of view the pair is now targeting ... early today in Asian session the pair was corrected to the upside, traded around 1.4920 at the time I wrote this comment. My model ...

forum topic - azka - 2008-12-04 03:28 - 0 comments

e book On-Line Manual For Successful Trading

Currency trading has a long history and can be traced back to the ancient Middle East and Middle Ages when foreign exchange started to ... be the leading center for foreign exchange and the British pound served as the currency to trade and to keep as a reserve currency. ...

forum topic - azka - 2009-02-18 01:23 - 0 comments

Could Dollar Weaken in December?

... only important events being PPI out of UK in the morning and later a testimony by Trichet in front of the European Parliament regarding ... that all recent European data are contracting, is making euro bulls think twice about buying the single currency against the dollar. ...

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

The Truth About Fibonacci Trading

... They do not work as a standalone system of trading and they are certainly not the “holy grail”, but can be a very effective ... by starting with 1 followed by 2 and then adding 1 + 2 to get 3, the third number. Then, adding 2 + 3 to get 5, the fourth number, and ...

forum topic - azka - 2009-03-26 03:04 - 0 comments

The Ultimate Step by Step Guide to Online Currency Trading

The goal of this guide is to instruct and teach potential traders how to day trade the currency markets. The objective of day trading is to trade the intra day market moves to try to gain small to medium ...

forum topic - azka - 2009-04-29 04:02 - 0 comments