EUR/USD

EUR/USD Dips As Greek Fears Rekindle

EUR/USD Dips As Greek Fears Rekindle

By Forex Pros

– The euro resumed its slide against the dollar on Monday, erasing last week's gains made on bottom fishing as well as on comments from European leaders they hope Greece remains in the currency zone. In Asian trading on Monday, EUR/USD was trading down 0.12% at 1.2764, up from a session low of 1.2749, and...

EUR/USD Down During The Asian Session

EUR/USD Down During The Asian Session

By Forex Pros

– The Euro was lower against the U.S. Dollar on Sunday. EUR/USD was trading at 1.2759, down 0.16% at time of writing. The pair was likely to find support at 1.2643, Friday’s low, and resistance at 1.2869, Tuesday’s high. Meanwhile, the Euro was down against the British Pound and up against the...

EUR/USD Weekly Outlook: May 21 - 25

EUR/USD Weekly Outlook: May 21 – 25

By Forex Pros

– The euro rebounded from a four-month low against the U.S. dollar on Friday, as concerns over the political crisis in Greece subsided, supporting demand for the single currency.EUR/USD hit 1.2641 on Friday, the pair’s lowest since January 16; the pair subsequently consolidated at 1.2777 by close of trade,...

GBP/USD Weekly Outlook: May 21 - 25

GBP/USD Weekly Outlook: May 21 – 25

By Forex Pros

– The pound pulled back from a two-month low against the U.S. dollar on Friday, paring back some of the week’s losses as concerns over the debt crisis in the euro zone eased.GBP/USD hit 1.5730 on Friday, the pair’s lowest since March 16; the pair subsequently consolidated at 1.5811 by close of trade on...

AUD/USD Weekly Outlook: May 21 - 25

AUD/USD Weekly Outlook: May 21 – 25

By Forex Pros

– The Australian dollar tumbled to its lowest level since November against its U.S. counterpart on Friday, as demand for growth linked assets was hit by ongoing concerns over the debt crisis in the euro zone.AUD/USD hit 0.9749 on Friday, the pair’s lowest since November 28; the pair subsequently consolidated...

EUR/USD Dips As Greek Fears Rekindle

By Forex Pros

– The euro resumed its slide against the dollar on Monday, erasing last week's gains made on bottom fishing as well as on comments from European leaders they hope Greece remains in the currency zone. In Asian trading on Monday, EUR/USD was trading down 0.12% at 1.2764, up from a session low of 1.2749, and...

 
 
 
 
 
 

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The Trend Trader For Forex Trading...

posted 05/17/12

The Trend Trader for ForexFor Trading On Friday, May 18, 2012 THE BIG SIX Close %Change 3x1 7x5 MinorTrend MajorTrend Trend Reading AUDUSD - Aust Dollar...

 

The Trend Trader For Forex Trading...

posted 05/16/12

The Trend Trader for ForexFor Trading On Thursday, May 17, 2012 THE BIG SIX Close %Change 3x1 7x5 MinorTrend MajorTrend Trend Reading AUDUSD - Aust Dollar...

 

The Trend Trader For Forex Trading...

posted 05/15/12

The Trend Trader for ForexFor Trading On Wednesday, May 16, 2012 THE BIG SIX Close %Change 3x1 7x5 MinorTrend MajorTrend Trend Reading AUDUSD - Aust Dollar...

 
 
 
 
 
 

Forex Trading

 

Morning Forex Review – Will Yesterday’s...

posted 07/19/11

Coming Up Today (all times GMT) GBP MPC Minutes (8:30) USD Existing Homes Sales (14:00) CAD BoC Policy Report (14:30) CAD BoC Press Conference...

 

NZD/USD Breaks Above Long-term Channel...

posted 07/19/11

Forex Technical Update Prev: NZD/USD Completes a Rising Wedge with Extended Bearish Divergence (7/14) NZD/USD Breakout: - The NZD/USD recently completed...

 

After Failed Bearish Breakout, GBP/USD...

posted 07/19/11

Forex Technical Update Prev: GBP/USD in a Pullback after Bearish Breakout (7/18) GBP/USD Failed Bearish Breakout - The bearish breakout yesterday was...

 
 
 
 
 
 

Forex News

24/1/2012 – The Current Market Sentiment

The single currency has found strength this week to get over 1.30 psychological level versus the greenback again as the markets have shrugged off the delay of reaching an agreement...

16/1/2012 – The Current Market Sentiment

The pressure on the single currency continued in the beginning of this week versus the greenback as the fear of downgrading the credit rating of the EU countries has materialized...

15/12/2011 – The Current Market Sentiment

The single currency could find the power to get over 1.30 versus the greenback because of the flash release of Dec EU manufacturing PMI index which has come at 46.9...

9/12/2011 – The Current Market Sentiment

The Single currency is still under pressure versus the greenback after the ECB's interest rate decision of cutting the interest rate by 0.25% to be at its previous all times...

Market Undergoes Correction Ahead of Big Events...

European stocks fell as they corrected after the largest monthly growth since July 2009, as some investors again started to reluctantly buy stocks before Euro zone leaders had a chance...

Merkel Tries to Garner Support in Bundestag...

Durable goods orders might have fallen in September after the drop in orders from aircraft manufacturers neutralized the successes of such companies as Caterpillar Inc (CAT), which show increasing production...

Europeans Inspire Markets

Wednesday was another day of overall positives on the markets: at the end of the day, the EUR/USD pair fixed above 1.3800, adding more than 1.3%. The British pound rose...

Stocks and Commodities Rising

Today, immediately after American and European stocks jumped up in response to a promise from the German and French leaders to resolve the debt crisis in Europe, Asian stock indexes...

Italy: Three Steps Down

In the first half of the day on Tuesday, the dollar continued its advance on its major competitors. Investor uncertainty regarding the situation in the Euro zone due to the...

Steve Jobs Passes Away

Today, Steve Jobs passed away at age 56 after a six-year battle with a rare form of cancer. He dedicated what was left of his life and health to that...