Fears for the spreading of the European crises are growing. Asian and European trading sessions: Euro: Today the euro was mainly pressured by the increased concerns that the Ireland crises would spread on the other countries, such...
In this issue: 1. Weekly technical analysis2. First results of the “Jingle Bells” trading competition.3. Get a free ATM card when you open and fund your new trading account with us.4. Representatives Wanted!5. Economic Calendar, Pip value...
EURUSD The Euro continues to drop, as fear of an escalating crisis pressure the currency. Price has been moving down in a wide price channel. If price can penetrate the lower channel line, that would indicate a...
ForexPros Daily Analysis November 29, 2010 Forex Trend Analysis The EURUSD is bearish for this week and will look to move down.
EURUSD broke below the rising price channel on daily chart, signaling a change in trend. Bearish movement is expected to continue next week and next target would be at 1.3000 area. Resistance is at the downtrend line...
The EUR/USD dropped to new lows. Asian and European trading sessions: Euro: The euro hit new minimums on Wednesday, as the rating agency “Standard and Poor’s” reduced the sovereign ratings of Ireland both long-term and short-term. The...
ForexPros Daily Analysis November 24, 2010 Forex Trend Analysis The trend for EURUSD this week is DOWN and we will be looking for SHORT trading opportunity.
Concerns about Ireland once again reverberated and knocked EUR index off. Sharp downward movement on the main pair was for the most part driven by an information issued by Moody’s, stating that Irish rating is, in all...
GBPJPY The GBPJPY continues to offer excellent trading opportunities within its well structured channels. Price has steadily risen in a price channel for the past month, offering several low risk trade entries. Traders should take note of...
EURUSD After a steep slide, the EURUSD starting recovering in the latter portion of last week, rising from 1.3450 to nearly 1.38. On the way down price broke through the 1.38 support level without much trouble, but...
