-
Forex Broker Services – Part I
Thursday, February 11, 2010 - 4:08am | 261Read More...Forex brokers provide their services in two ways: • Phone-in Service: where people can call in and trade. Phone-in trading has its demerits because forex market information changes fairly rapidly. So if you are calling your broker and even if it connects on the first try, the forex market...
-
How To Trade In Forex With The Moving Average Part I
Thursday, January 28, 2010 - 5:35am | 294Read More...One of the important groups of technical indicators is trend indicators. Trend indicators allow traders to follow market trends and signal the closing of a trading position when there is a trend change. However, in a market that does not follow trends, price volatility in the sideways, horizontal...
-
YEN benefits From Europe’s Sorry Night
Friday, January 15, 2010 - 9:32am | 236Read More...Europe has had a difficult night after a barrage of worrying remarks and rumors surfaced. Consequently, the EURUSD plunged by over 120 pips and currently posts 1.4380 (see hourly charts). The resultant risk aversion caused the Yen to flourish resulting in the EURYEN dropping by almost 150 pips to...
-
Currency Pairs – USD/JPY (US Dollar/Japanese Yen)
Tuesday, January 12, 2010 - 2:19am | 208Read More...Currency pairs are distinguished on the basis of their trading features and behavior. The behavior and characteristics of the USD/JPY (US Dollar/Japanese Yen) pair: Due to the presence of a currency of an Asian country (Japan), this currency pair is the most active trading vehicle in the Asian time...
-
Currency Pairs – USD/CHF (US Dollar/Swiss Franc)
Friday, January 8, 2010 - 11:21am | 198Read More...Currency pairs are distinguished on the basis of their trading features and behavior. The behavior and characteristics of the USD/CHF (US Dollar/Swiss Franc) pair: Also known as the Swissy, the CHF is sometimes volatile, since it has the lowest liquidity of the four Majors. This means that the CHF...
-
NFP Details Still Leave Room for Doubt
Monday, December 7, 2009 - 8:50am | 217Read More...The dollar surged on Friday after the release of the surprisingly good Non Farm Payroll figure that posted a monthly decline of only -11,000 jobs compared to an expected -125,000. Without doubt, on the surface this was an excellent result but deeper analysis showed that the improvement was mainly...
-
Excited Markets Empower Dollar Rally
Friday, December 4, 2009 - 10:50am | 203Read More...Overnight, the US Dollar struggled against the other major currencies although, in general, the markets were comparatively calm in wake of the all-important US Non Farm Payrolls. All this adruptly changed with the recent releases of the US NFPs and Annual Unemployment Rate. These were events were...
-
Disappointing Job Report Weighs on Forex
Wednesday, December 2, 2009 - 10:27am | 183Read More...A disappointing US ADP Data figure has just been released showing an increase in job losses of 169K against an expected 150k. This adverse result has drawn criticism against the Obama administration for their policy of focusing on National Health Care as opposed to job creation. Difficult choice as...
