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Tag Archives: forex

USD/JPY technical analysis – heavy losses

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 of ISM’s manufacturing purchasing managers’ index came in at 51.3 for January, down sharply from a reading of 57.0 in ...

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Forex trading tips from the pros

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 experience can make you rich. Do your own fundamental and technical analysis before starting a ...

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Entire house swept away by tornado in US Midwest

Boston Dynamics

Surveillance footage from a petrol station captures the moment a tornado completely sweeps a house from its foundations in Diamond, Illinois See also: Is this the most terrifying car journey ever? Video Boston Dynamics extreme robots – video Daredevils scale 128-floor Shanghai Tower without ropes – video

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Forex Market News

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 looks like a strong resistance – Deutsche Bank, JP Morgan and Morgan Stanley will support ...

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Euro at 8 month high vs US dollar

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

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How to Make Money Trading Binary Options

Binary options are the latest and the most profitable financial instrument in the market today. Trading binary options is quick, easy, and best of all – profitable! What are binary options? It may sound complicated, but in reality a binary option is basically a financial contract which allows you (the ...

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German Elections 2013

German Chancellor Angela Merkel’s center-right Christian Democratic Union was within striking distance of an absolute majority in Parliament after elections. FDP is Merkel’s current junior coalition partner and will probably stay out of parliament. The small party receives only 4.5% in exit polls, and the margin of error is small. ...

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USD/JPY Technical Analysis

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 ...

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EUR/USD higher on soft U.S. housing data

In trading on Friday, EUR/USD was up 0.32% at 1.3398, up from a session low of 1.3334 and off from a high of 1.3410. The pair was likely to find support at 1.3298, Thursday’s low, and resistance at 1.3452, Tuesday’s high. The Commerce Department reported earlier that new home sales ...

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Australian Dollar Higher After China Growth

Australia’s dollar strengthened after a report showed China’s economy grew 7.5 percent in the second quarter, matching economists’ estimates. The Australian currency dropped last week after Chinese Finance Minister Lou Jiwei said this year’s expected growth rate is 7 percent and China can reach that.

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