Nov 24, 2010

*If you have any questions, Contact us at our US Phone # (786) 286-8089 for further Explanation, Analysis & Training, Confident Trades! To Access our Room FREE for 5 DAYS.. Sign up at http://GoodMorningFOREX.com/Facebook _____________________________________________________________ Risk aversion increased considerably last week in the wake of the...

Oct 27, 2010

The Euro today depreciated against the dollar, but gold held its ground, disrupting the strong correlation observed between the two over the past few weeks. Among other things such as the continuing rise in the Euribor rates, today’s action in the FX market was influenced by PIMCO’s Muhammad El-Erian, who stated that he expects Greece to default...

Oct 5, 2010

(Please click on the forex chart thumbnail to enlarge) 10/05/2010 Forex Trading Technical Analysis (FXpath.com) – EUR/USD (a 4-hour chart of which is shown) as of Tuesday (10/05/2010) has continued it dramatic recent bullishness by breaking out above prior key resistance in the 1.3800 price region, establishing an 8-month high in the process. This occurs...

Oct 5, 2010

GBPUSD saw several volatile trading sessions last week as traders increasingly speculated about the possibility of more quantitative easing from the Bank of England. Cable began the week by consolidating within a limited range during Monday’s session in the absence of any important economic data coming out from the United Kingdom or the United...

Oct 5, 2010

EURUSD substantially extended the gains it made the preceding week during last week’s trading sessions, as the Greenback continued falling versus all of the other major currencies for the second week in a row. The pair started the week off by trading softer after news was released that the Eurozone M3 Money Supply had expanded by +1.1% for the year since...

Oct 1, 2010

Forex Technical Update October 1, 2010 Tools: Simple Moving Average(SMA) 50-period (red), 200-period (bold, gray) RSI-14 with Simple Moving Average 5-period of RSI attached. Fibonacci Study Elliott Wave Principles Market and Price Action (patterns, candlesticks) Multiple Time-Frame Analysis EUR/USD Surges; Targets 1.39 Weekly and daily: The EUR/USD showed...