Forexpros Daily Analysis March 15, 2010 Free webinar on ForexPros – Identifying Low Risk, High Reward, and High Probability Trading Opportunities For Swing and Longer Term Forex Traders. Expert: Sam SeidenWhen: Thursday, Mar 18, 2010, 10:00 EST...
Overview: The sideways movement looks like finished. The Bollinger Bands have started to diverge and the price- to move upwards. A ‘buy’ signal targeted to 1,3815 is being formed. At the moment, it is recommended to trade...
GBP/USD Open 1.5195 High 1.5120 Low 1.4947 Close 1.5201Pound/Dollar rose on Friday although Interbank sentiment remained weak at only around 3%. The Cable increased from 1.5033 to 1.5200, closing the week at 1.5201. That price was a...
Past Events: • USD Core Retail Sales m/m, out at 0.8% versus expected 0.1%, prior 0.5% (revised)• USD Prelim U-M Consumer Sentiment, out at 72.5 versus expected 74.0, prior 73.6 (revised)• CAD Employment Change, out at 20.9k...
GBP/USD – 1.5158..http://www.acetraderfx.com Although ST specs pushed the pound higher in NZ/AUS back to Friday’s NY top at 1.5218 after Moody’s comment that Britain would retain its AAA rating (see previous report)
During last week’s trading, the Dollar saw a bearish correction against the Euro, following several weeks of a consistent bullish trend. This week’s most interesting question is whether the Dollar will resume the bullish trend, or might...
EUR/USD Open 1.3773 High 1.3789 Low 1.3672 Close 1.3764Euro/Dollar rose on Friday on improved Industrial production data, although Interbank sentiment remained bearish at -14.5%. The currency couple appreciated from 1.3672 up to 1.3789, closing the week at...
EUR/USD – 1.3735.. http://www.acetraderfx.com Euro trades relatively narrowly in Asia after failure to re-test Friday’s high made in Europe at 1.3796.
Market Review – 13/03/2010 02:16GMT Dollar falls broadly on Friday on long liquidation The greenback and Japanese yen weakened across the board on Friday versus most of their major counterparts. In Asia, the single currency traded with...
The important first step in identifying a potential trading opportunity is to pick the right pair. What we should be looking for is strong trending markets and then to find a trade in that same direction.
