Tag Archives: currencies

Technical Analysis EURUSD EURUSD broke above the 1.13 level and also above the 1.1318 resistance but sellers rushed and push the pair back below the 1.13 and this is not a good sign for the EUR. EUR is still trading above the 100h EMA and some buyers will push the pair around 1.13. It is ...

EURUSD Technical Analysis 9-7 The pair shows sideways trading today after breaking yesterday the 1.12 level due to worst than expected ISM number from USA, EURUSD affected by stochastic negativity that might push the price to test the support base formed above 1.1196 level. The bullish trend scenario still active ...

Will FED raise interest rates on June? Please Vote     [yop_poll id=”1″]

History of Futures Trading The first recorded instance of futures trading occurred with rice in 17th Century Japan, there is some evidence that there may also have been rice futures traded in China as long as 6,000 years ago. Futures trading is a natural outgrowth of the problems of maintaining ...

Forex Fundamental Analysis. What is fundamental analysis? Fundamental analysis in Forex is a type of market analysis which involves studying of the economic situation of countries to trade currencies more effectively. It gives information on how the big political and economical events influence currency market. Figures and statements given in ...

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 the post-crisis high seen in April 2009, and has not been tested since mid-July. 100.85 ...

Daily targets-signals Short Euro at 1.3089 stop loss at 1.3124 Long euro at 1.3036, stop loss at 1.3002

The dollar fell versus the Japanese yen and Asia stocks jumped. The dollar tumbled after the Bank of Japan lifted its assessment of the economy, but cut growth and inflation views. The dollar had already been pushed lower after Federal Reserve Chairman Ben Bernanke said the central bank won’t be ...

Australian dollar is the third currency to trade directly with the renminbi, the latest step in the internationalisation of China’s currency

Pacific Investment Management Co.’s Bill Gross said the Bank of Japan’s goal to reach a 2 percent inflation target in two years using its record bond-buying program may be “unrealistic.