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USD/JPY technical analysis – heavy losses USD/JPY hit session highs of 102.40 in the European session, but after that a sharp decline drove the pair to 102.05 the weakest level since November 27. The announcement […]
Trend Trading Forex traders who search for a method that is low maintenance while allowing for access to nice market moves usually turn to trend trading. Trend trading is a strategy that allows you to […]
Be prepared before you start trading with your money! Here you can find some useful tips that will help you to be a better trader. Be patient, don’t expect to be rich quick. Forex trading […]
FX Daily Daily Report December 26, 2013 The EUR/USD bottomed out at 1.3665 but the euro managed to bounce as the greenback lost momentum. At time of writing, the EUR/USD is trading at the 1.3695 […]
Dollar/yen is down to ¥102.30 after starting the year above ¥105. South Africa’s rand at a 5-1/2 year low The Turkish lira tumbled 1.6% to a record low of 2.3360 per dollar The ¥103 level […]
Euro has risen above $1.38 for the first time since November 2011, with the dollar continuing to be dragged down by expectations that the Fed will delay tapering its QE program until next year
It’s proved and highly recommended not to trade on Mondays or after holidays, when the market has recently awaken Respect your stop order and don’t move it “cherishing hopes” Running two or more open trades […]
Focus over alleged forex manipulation widens with Goldman and Morgan Stanley in view and Barclays putting three New York-based traders on leave – The Department of Justice and the FBI have opened a criminal investigation […]
A binary option is an option that pays either a fixed amount or nothing, depending on whether a certain condition is fulfilled when the option expires. These types of options are different from plain vanilla […]
Technical lines from top to bottom We begin with resistance at the round number of 104. This was a key line in May 2008. 102.50 was an important resistance line in late May. 101.44 was […]
