Friday, December 21, 2012

Wednesday, December 12, 2012

Fcebook Competitions


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Step 1:
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·        Send your Facebook username, email address and full name to marketing@tradingforex.com
(Registration starts on 13th December until 22nd December)
Step 2:
·        Send your daily Forex related topic (1 per day) to marketing@tradingforex.com
·        Get your post approved and posted by admin on the official TradingForex Facebook webpage
·        Receive 1 point for each like and two points for each shares to receive daily points

(Competition starts on 27th December)
Step 3:
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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.

More Info   www.tradingforex.com/blog

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.

Tuesday, October 23, 2012

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Monday, October 22, 2012

Market Outlook



EUR/USD was trading down 0.02% at 1.3020, up from a session low of 1.3016, and off from a high of 1.3029.
The pair is likely to find support at 1.2952, the low of October 16 and resistance at 1.3077, Friday’s high.
USD/JPY was trading at 79.24, down 0.11% at time of writing.

The pair was likely to find support at 78.62, Wednesday’s low, and resistance at 79.45, Thursday’s high.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USDshedding 0.03% to hit 1.3019 and GBP/USD falling 0.06% to hit 1.5996.
GBP/USDhit 1.6177 on Wednesday, the pair’s highest since October 5; the pair subsequently consolidated at 1.6001 by close of trade on Friday, down 0.41% for the week.
Cable is likely to find near-term support at 1.5975, the low of October 10 and resistance at 1.6065, Friday’s high.

More Info 

Wednesday, October 17, 2012

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Tuesday, October 16, 2012

Market outllook


GBP/USDhit 1.6022 during U.S. morning trade, the daily low, the pair subsequently consolidated at 1.6053, edging down 0.14%.
Cable was likely to find support at 1.5983, Thursday’s low and resistance at 1.6141, the high of October 8.

EUR/USD pulled back from 1.2979, the session high, to hit 1.2938 during U.S. morning trade, slipping 0.11%.
The pair was likely to find support at 1.2824, Thursday’s low and resistance at 1.2990, Friday’s high.

USD/CHF hit 0.9372 during European late morning trade, the daily high; the pair subsequently consolidated at 0.9333, easing up 0.01%.
The pair was likely to find support at 0.9307, the low of October 12 and resistance at 0.9384, the high of October 4.


Monday, October 15, 2012

Mraker Outlook


EUR/USD was trading at 1.2957, up 0.03% at time of writing.
The pair was likely to find support at 1.2824, Thursday’s low, and resistance at 1.3015, Monday’s high.

GBP/USD hit 1.6020 on Tuesday, the pair’s lowest since September 11; the pair subsequently consolidated at 1.6064 by close of trade on Friday, down 0.41% on the week.

AUD/USD hit 1.0292 on Thursday, the pair’s highest since October 2; the pair subsequently consolidated at 1.0230 by close of trade on Friday, still up 0.74% for the week.

Thursday, October 11, 2012

Market Outlook 10/12/2012


EUR/USD was trading at 1.2939, up 0.09% at time of writing.
The pair was likely to find support at 1.2932, today’s low, and resistance at 19.3300, Monday’s high.

EUR/GBPwas trading at 0.8066, up 0.09% at time of writing.
The pair was likely to find support at 0.8023, Thursday’s low, and resistance at 0.8099, Tuesday’s high.

USD/JPY was trading at 78.40, up 0.08% at time of writing.
The pair was likely to find support at 77.95, Thursday’s low, and resistance at 78.71, Monday’s high.

EUR/JPY was trading at 101.54, up 0.27% at time of writing.
The pair was likely to find support at 100.15, Thursday’s low, and resistance at 102.45, Monday’s high.


Thursday, October 4, 2012

Euro steady after ECB, BoE keep rates unchanged


Euro steady after ECB, BoE keep rates unchanged

The euro was steady in Asia on Friday after jumping more than one cent on the dollar overnight as the European Central Bank and Bank of England kept their low benchmark interest rates unchanged.

The euro bought $1.3017 and 102.13 yen in Asian morning trade, compared with $1.3018 and 102.16 yen in New York late Thursday.
The dollar changed hands at 78.45 yen against 78.48 yen overnight.
The European single currency remained supported after a strong overnight session following the ECB and BoE decisions, dealers said.
"It might see some profit-taking in Asia after the strong move, but should be supported on dips around 1.2975," ASB Head of FX Institutional Sales New Zealand Tim Kelleher told Dow Jones Newswires.