EUR/USD Open 1.4318 High 1.4443 Low 1.4290 Close 1.4310Euro/Dollar attempted to increase on Thursday, sliding over the 1.4443 top, where bulls ran out of strength, and quotes tumbled down to the 1.4302 bottom, closing the day at...
When working with new traders in the DailyFX Trading Course, we try to impress upon them the importance of using a protective stop in every trade.
As new traders come into our DailyFX Trading Course, one of the big questions we are asked is what to do first when looking for a trade.
Forexpros Daily Analysis Jan 7, 2010 Fundamental Analysis: Nonfarm Payrolls Traders of the USD await the publication of the Nonfarm Payrolls report due out tomorrow.The Nonfarm Payrolls measures the change in the number of employed people during...
GBP/USD Open 1.6019 High 1.6153 Low 1.5945 Close 1.6015Pound/Dollar made a significant downward momentum from the beginning of this week with over 300 pips, forming new short term downward channel on the 15 minutes chart. On Wednesday...
Today, traders should pay close attention to the release of the U.S. Unemployment Claims report. This indicator always produces extreme market volatility in the major currency pairs. Traders may find good opportunities to enter the market following...
USD The US Dollar, which had been up most of the session, was trending downward on Wednesday after policy minutes from the Federal Reserve’s meeting showed that the Central Bank is concerned that by easing up on...
UR/USD Open 1.4400 High 1.4483 Low 1.4290 Close 1.4409Euro/Dollar is still trading within the 1.4229 – 1.4484 range. On Wednesday the currency couple dropped down to the 1.4290 bottom, from where it started ascending up to 1.4432,...
Forexpros Daily Analysis Jan 6, 2009 Fundamental Analysis: Interest Rate Decision The Bank of England (BOE) decision on short term interest rate is due to be published tomorrow (Jan 7). The decision on where to set interest...
GBP/USD Open 1.5991 High 1.6153 Low 1.5945 Close 1.5989Pound/Dollar attempt to make the rise yesterday, reaching a peak at 1.6153, where the increasing momentum was limited and the Cable started dropping down to 1.5966, closing the day...
