posted by
forexalliancecom
23 days ago
in EUR, Technical, Special
made popular 23 days ago
The single currency has broken through formidable support at 1.3200, confluence of both 100 and 200 EMAs in the hourly chart. The spot rate has now also broken through the rising wedge technical pattern, indicative of further declines in the spo
posted by
EJSuratos
24 days ago
in USD, Special
made popular 24 days ago
Usually the conversation surrounding a Dow rally is dollar weakness but not today, the market's fallen down the "QE" rabbit hole.
posted by
forexalliancecom
24 days ago
in EUR, Technical, Special
made popular 24 days ago
The single currency has failed to penetrate resistance at 1.3275, lending to the decline through to the test of support at 1.3200. Although a slight correction can be anticipated at this level, any upside momentum will likely be tested at 1.3242
posted by
forexalliancecom
25 days ago
in AUD, Technical, Special
made popular 25 days ago
Trading at 1.0426, the Australian dollar is being supported by the psychologically important 1.0400 support barrier. The level itself is being reinforced by a confluence of support barriers at 1.0375, with the most important figure being the 38.
posted by
forexalliancecom
25 days ago
in EUR, Fundamental, Special
made popular 25 days ago
The single currency remained supported throughout the New York session, albeit minimally, on a relatively optimistic gross domestic product report. Previously trading as low as 1.3207, the Euro rose to 1.3239 against the US dollar by the afterno
posted by
EJSuratos
27 days ago
in USD, EUR, Special
made popular 27 days ago
Just recently, the IMF boasted that it was almost able to double its lending capacity as several member economies pledged more funds. But is this really what the euro zone needs right now?
posted by
EJSuratos
28 days ago
in Weekly, Special
made popular 28 days ago
You can now submit your entries to this week's Trade of the Week contest! Not only will you get the chance to be a part of our Hall of Fame, you are also entitled to a donation to this month's charity, Greenpeace! So what are you waiting for?
posted by
FXTechstrategy
30 days ago
in Technical, Special, Trading Psychology
made popular 30 days ago
There are many factors that determine the overall success rate for a trader. It is easy to see the vast differences between the novice and professional speculators, but as the beginner starts to make progress, it comes down to the more subtle fac
posted by
EJSuratos
30 days ago
in USD, EUR, Special
made popular 30 days ago
You've probably noticed the Netherlands hitting the headlines these past few days. However, it's not for the right reasons! Austerity measures have forced policymakers to walk out of Parliament and the Prime Minister to resign!
posted by
EJSuratos
30 days ago
in USD, GBP, Special
made popular 30 days ago
I might've missed the boat on GBP/USD last week but I have a strong feeling I'll get in on the fun this time around! Here's how I plan on trading the U.K. GDP report!
posted by
EJSuratos
31 days ago
in USD, CHF, Special
made popular 31 days ago
Good morning forex friends! For this week's trade idea, I thought I'd have a setup ready for this week's very important FOMC statement. It could spark some nice volatility for USD/CHF and a potential retest of strong resistance.
posted by
forexalliancecom
31 days ago
in EUR, Technical, Special
made popular 31 days ago
The EURUSD exchange rate found expected support at 1.3143 in New York afternoon trading. The barrier was a confluence of 1.3140 support (or the 38.2% fibonacci retracement level from the 1.3369-1.2994 decline) and the 200 hourly EMA.