Tuesday, April 9, 2013

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Thursday, January 10, 2013

Market News 10 Jan 2013



Currencies EUR/USD The euro slid 0.1 percent to1.3056 dollars. The euro which is considered in crisis, awaits its fate when the European Central Bank will meet on Thursday. The pair hit 1.3037 in the morning which is its lowest since Monday.

USD/JPY The Japanese yen has fallen once more against most of its counterparts. The two day loss has the currency losing 0.3 percent and falling to 88.17 dollars at 6:39 London time. On the 4th of January the currency had reached its lowest level in over two years.

AUD/USD
The Australian dollar has gained its three week high against the dollar. As imports and exports in China improve, its major trading partner Australia, has been positively affected and the country’s currency has been improving. The Aussie touched its strongest price since the 18th of December with 1.0555 dollars, before falling to 1.0552 dollars at 4:31 pm Sydney time, which is a 0.3 percent increase.

GBP/USD The British currency has suffered a big loss and has fallen lower than most of its counterparts, occupying the second to last spot. It reached its lowest level since the 30th of November at 1.5993 dollars, it then rose to 1.6012 dollars at 4:38 pm London time.

forex signal

10 jan 2013 

Majors

EUR/USD: SHORT AT 1.3110 FOR A 1.2985 OBJECTIVE, STOP AT 1.3160

USD/JPY: BUY AT 87.60 FOR 89.78; STOP AT 86.75


GBP/USD: BUY AT 1.5980 FOR A 1.6135 OBJECTIVE, STOP AT 1.5910


USD/CHF: LONG AT .9230 FOR .9337; REVISE STOP AT .9230


AUD/USD: LONG AT 1.0490 FOR 1.0625, STOP AT 1.0440

USD/CAD: SHORT AT .9884 FOR .9764, REV STOP AT .9889

Crosses
EUR/JPY: BUY AT 114.08 FOR 116.23 OBJECTIVE, STOP 113.02

EUR/GBP: LONG AT .8112 FOR A .8225 OBJECTIVE, STOP AT .8117

EUR/CHF: LONG AT 1.2071 FOR A 1.2129 OBJECTIVE, STOP AT 1.2059

EUR/CAD: SELL AT 1.2950 FOR 1.2710 STOP AT 1.3020

GBP/JPY: POSS BUY

NZD/USD: LONG AT .8345 FOR A .8477 OBJECTIVE, STOP AT .8330


read more 

Wednesday, December 12, 2012

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Thursday, December 6, 2012

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Monday, October 29, 2012

TradingForex.com Introduces New Company Blog


The latest in TradingForex.com is the introduction of a new Forex blog to help traders be alert at all times on everything that goes on in the Forex market.
TradingForex.com valued clients can get access to daily market news allowing them to follow all the latest Forex trading news, such as interest rates, economic data releases, and the commodities markets (gold, oil, and silver). In addition they have access to our technical analysis so traders can keep track of past Forex market data and make their prediction on how they think prices will move in the future.

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Friday, October 26, 2012

Market Outlook 10/26/2012



GBP/USD The pound climbed the most in three weeks against the dollar after Britain’s economy expanded by more than analysts forecast in the third quarter, pulling the nation out of a recession.
The pound added 0.6 percent to $1.6128 at 4:21 p.m. London time, after rising as much as 0.7 percent, the steepest gain since Oct. 4.

USD/JPY The dollar may strengthen to a six- month high against the yen should it break through a level of so-called resistance, Credit Suisse Group AG said, citing trading patterns.
The dollar gained 0.5 percent to 80.20 yen at 4:15 p.m. London time, extending this month’s advance to 2.9 percent. The U.S. currency last traded at 81.49 yen was on April 25.

Thursday, October 25, 2012

Market Outlook 10/25/2012



EUR/USD The dollar gained 0.1 percent to $1.2974 per euro at 5 p.m. New York time and touched $1.2921, the strongest level since Oct. 15. It was little changed at 79.81 yen. Europe s shared currency fell 0.1 percent to 103.54 yen.
USD/JPY   Japan ’s currency fell 0.2 percent to 79.98 per dollar as of 1:44 p.m. in Tokyo from the close in New York, nearing the three-month low of 80.01 reached on Oct. 23. It dropped 0.3 percent to 103.81 per euro. The 17-nation euro fetched $1.2980 from $1.2974 yesterday, when it reached $1.2921, the weakest level since Oct. 15.
GBP/USD Pound Sterling gained 0.7 percent to 80.89 pence per euro at 4:23 p.m. London time, posting the steepest intraday advance since July 5, after reaching 81.65 pence on Oct. 22, the weakest since June 11. Sterling rose 0.4 percent to $1.6023.