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November 13 market commentary and technical

GBPUSD Outlook The Sterling slumped 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 1.4607. However, early today in Asian session ... R1= 1.1925 * R2= 1.1977 * R3= 1.2060 Have a great day ! By FxInstructor ...

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

January 20 market commentary and technical levels

GBPUSD Outlook The Sterling slumped against Greenback yesterday. GBPUSD bottomed at 1.4357 and ... S3= 1.3641 R1= 1.4743 R2= 1.5101 R3= 1.5294 USDJPY Outlook The USDJPY was traded lower yesterday. The pair bottomed at ... direction. A breakdown to the downside could be the end of the current short term bullish correction and turn our eyes back on major ...

forum topic - azka - 2009-01-21 23:31 - 0 comments

Chart of the Day - USD/JPY

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. ...

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

The Day Trade Forex System

... business opportunity seekers worldwide are discovering the powerful profit potential of Foreign Exchange trading? In this business, there are no employees to hire, ...

forum topic - azka - 2009-03-02 23:07 - 0 comments

Chart of the Day - GBP/USD

GBP/USD – Price action within the last three months on the key GBP/USD pair (a 4-hour chart of which is shown) has been characterized by a series of chart pattern breakdowns. On the accompanying chart, we can see from left to ...

forum topic - azka - 2008-12-04 03:34 - 0 comments

EA 100 pips a day

EA 100 pips a day Download ...

forum topic - azka - 2009-01-21 23:20 - 0 comments

EUR USD Corrective dips to Day

EUR-USD Corrective dips should ideally halt near 1.2884 or 1.2854 for one more thrust upwards towards 1.2915 - 1.2946 area or 1.3006 in extention. Fall below 1.2824 puts it back on a downward path. GBP-USD While below 1.4327 or 1.4419 it could f ...

forum topic - azka - 2009-02-16 11:54 - 0 comments

Forex Weekly Analysis - January 26-30 2009

... 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 two major events are a new interest rate on Wednesday ...

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

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

... 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, ...

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

Euro range bound still, Sterling not as strong this week

... actual). We have been expecting a sizeable drop of EURUSD below 1.23 but it has not 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 ...

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

Euro and Pound Rally -To be Continued?

The EUR/USD broke important resistance levels of 1.3060 yesterday, climbing ... currencies aggressively rally over 400 points during the day! The move came on the back of an appetite for risk returning to the ...

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

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

... a quicker rate in March, rewarding an economical rally in the awaken of a record enlargement of accredit that today runs a risk bubbles inward the ...

forum topic - azka - 2010-04-01 03:24 - 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 ...

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

Dollar, yen near week's peaks as caution lingers

... low vs yen By Kaori Kaneko TOKYO, May 14 (Reuters) - The yen and dollar held near some of their strongest levels this week on Thursday after bleak U.S. retail sales ...

forum topic - azka - 2009-05-14 17:44 - 0 comments

Obama Aftermath Fails to Raise Confidence…

EUR/USD is trading heavily since the beginning of the week, and the break of psychological 1.30 was done and ... the markets and if futures will have another negative day after yesterday! The Obama euphoria didn’t seem to last long in the ...

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