Archive for the ‘ Forex Training ’ Category
EUR/USD currency pair went up, following two days of losses, after Greece auctioned its debt, despite it fell at the star of trading session as Moody’s Investor Service has cut Portugal’s credit rating. Widening U.S. trade balance deficit hadn’t helped the dollar to outperform the euro. EUR/USD trades… [ READ MORE ]
Recently, it struck me: the US does not care about the Dollar. If you look at fiscal and monetary policy, there is actually a remarkable degree of consistency. Both reflect a clear disregard for the conditions that are necessary for a strong currency. This might seem ridiculous, given the Dollar’s amazing performance of late. It has [ READ MORE ]
EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: buy. EUR/JPY trend: sell. GBP/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot … [ READ MORE ]
It’s understandable that forex investors basically ignore New Zealand. Its economy is around 10% the size of its neighbor Australia, its currency is less liquid, and spreads are higher. Given that its performance closely tracks the Australian Dollar, meanwhile, why pay it any attention? To be sure, the new currencies from Down Under trade in virtual [ READ MORE ]
Since the inception of the financial crisis, the Dollar has been treated as a safe haven currency. Simply, when there was a surge in the level of risk-aversion, the Dollar rose proportionally. When risk aversion gave way to risk appetite, the Dollar fell. It was as simple as that. Lately, this notion has manifested itself in [ READ MORE ]
EUR/USD currency pair extended its rally today for a third straight day as forecasts promise faster global economic growth, while the U.S. growth shows signs of slowdown. While the report about the jobless claims were a pleasant surprise, the non-manufacturing sector and the data about consumer credit showed a much worse numbers… [ READ MORE ]
My latest addition to the list of Forex brokers on EarnForex is Gedamo Investment. It’s a Swedish broker that is registered (but not supervised) by their Financial Inspection Service. They are aimed on rather big traders as their minimum account size is €2,000, which is… [ READ MORE ]
Forex trading experience can vary greatly during different trading sessions and days of the weeks. Some traders prefer to trade only on London-U.S. or U.S.-Asian sessions’ intersection for the biggest volume and steadier trends, others try to avoid Friday and early Monday trading or trade exclusively on Wednesdays and Thursdays (the most pip-moving weekdays). Trading… [ READ MORE ]
Free Forex signals is a popular tool of many currency traders. According to my October 2009 poll, 79% of this blog’s readers use some signals and almost 76% out of those who do use free signals for their Forex trading. But are free signal services effective? Are… [ READ MORE ]
On a trade-weighted basis, the Canadian Dollar (aka Loonie) has appreciated nearly 10% in 2010. At the same time, it has fallen 8% against the Dollar since the beginning of May. This contradiction is reflected in an explosion in volatility: “CAD has been very volatile – the average intraday spread between the high and low [ READ MORE ]
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