EURUSD is testing the resistance of the price channel on daily chart, a clear break above the channel resistance will indicate that the uptrend from 1.3837 has resumed, then further rise towards 1.4939 previous high could be...
In this article we will discuss about the days of the week. We will find out that every day is governed by another planet. We will analyze each of the working days and their characteristics.
In this article we will discuss about retrograde planets. We will see the influence this astrological aspect has over people (traders included!). We will find out when these aspects happened in the past and what the effect...
We will discuss in this article about some concepts in Vedic astrology. We will find out the meaning of Rahu and Ketu, their significance and the effect these ”planets” have according to the Indian astrologists.
ForexPros Daily Analysis August 26, 2011 Euro In Long Wedge, Pound in Shorts, Yen Rebounding Be careful trading overnight ahead of Bernanke’s speech at Jackson Hole Wyoming. Last year the same event sent the markets into a...
Demand for the high-risk assets drops.
The Dollar Index is trading flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-74.50 ranges in the short-term and...
Federal Reserve Board Chairman Ben Bernanke’s testimony during the weekend Jackson Hole Symposium is expected to cause a stir in forex markets at this week’s closing with expectations for an update on the speculated third round of...
AUD/USD fell after first rising on Thursday. The pair failed to stay above the 1.05 level again, and it appears that the path of least resistance is down at this point. However, with the Jackson Hole announcement...
The EUR/USD pair fell slightly on Thursday as traders sold off risk in the global stock markets. The Europeans adding more short selling bans in their stock markets show exactly how desperate the situation is becoming in...
