-
Moving Average Convergence & Divergence Indicator (MACD)
Monday, February 1, 2010 - 7:14am | 443Read More...The weakness of the moving average method is related to the calculation of buy/sell opportunities by working on past data. The slow prediction of buy/sell chances that are available is attributed to the problem of time lag that occurs as faster average (short-term average) takes longer to cross the...
-
How to Trade with the Moving Average Part II
Friday, January 29, 2010 - 3:56pm | 346Read 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...
-
Greek rescue package boosts Euro
Friday, January 29, 2010 - 9:32am | 174Read More...The Euro managed to rally overnight after hitting lows of 1.3912 yesterday. This development was caused by the breaking news of a Greek rescue package as well as profit-taking resulting from concerns about today’s US GDP data release. The EURUSD presently sits at 1.3960 (see hourly chart). Markets...
-
Fiscal Problems of Member Countries Weaken Euro
Thursday, January 28, 2010 - 10:27am | 188Read More...The Euro remains under selling pressure as a result of the Markets’ continuing concerns about the depth of Greece’s fiscal situation. This problem just will not recede and is now even being augmented by debt concerns of other Euro-zone members. For instance, Portugal is facing an imminent reduction...
-
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...
-
Dollar Rallies on Positive FED
Wednesday, January 27, 2010 - 6:35pm | 127Read More...A positive Federal Reserve statement made earlier today boosted the Dollar, forcing the EURUSD to break below 1.4000 for the first time in six months. The pair has now rebounded and sits at 1.4020. An upbeat Fed advised that it plans to end some emergency lending and asset-buying programs. In...
-
Nervous Markets Fuel Safe-Haven YEN
Wednesday, January 27, 2010 - 11:09am | 241Read More...Traders still remain very concerned after China’s largest bank stopped rolling some loans yesterday although it does not plan to freeze new lending. These measures are basically intended to slow credit growth but could have a secondary impact by also restricting demand and growth from other...
-
Technical Indicators In Forex Trading Part II
Wednesday, January 27, 2010 - 6:24am | 434Read More...A technical indicator offers an objective and calculation-based method to analyze a currency pair and its price. Since technical analysis involves analyzing and understanding the historical price and/or movement of currency pairs, technical indicators are also known as delayed indicators. To know...
-
Yen and Dollar Benefit from Increased Risk Aversion
Tuesday, January 26, 2010 - 7:23pm | 115Read More...The Dollar and Yen were the main beneficiaries from the increase in global risk aversion caused by Chinese news releases today. Fundamentally, China has made financial moves to restrict lending in an attempt to cool its stampeding economic growth. Instructions were issued to a number of Chinese...
-
Technical Indicators in Forex Trading
Tuesday, January 26, 2010 - 6:27am | 237Read More...A technical indicator offers an objective and calculation-based method to analyze a currency pair and its price. Since technical analysis involves analyzing and understanding the historical price and/or movement of currency pairs, technical indicators are also known as delayed indicators. The two...
-
Currencies Consolidate despite Poor US Home Sales
Monday, January 25, 2010 - 5:41pm | 134Read More...The release of the US existing home sales figure today were very disappointing as they fell by 16.7% during December recording the sharpest drop in 40 years. With demand falling and housing stock rising, sellers will almost certainly have no choice but to consider dropping their prices further....
-
US Dollar Weaker On News of Bernanke Winning Second Term
Monday, January 25, 2010 - 2:59pm | 158Read More...The US dollar is trading broadly lower in the currency markets today, after reports of Federal Reserve Chairman Ben Bernanke edging closer to winning a second term dimmed the appeal for the currency. The Australian dollar and New Zealand dollar recovered from their weakest level achieved over the...
-
Eastern Europe Helps Support EURO
Monday, January 25, 2010 - 9:06am | 188Read More...Increased risk appetite forced the dollar into retreat overnight with the EURUSD hitting highs of 1.4190 before retracting to its present 1.4170 (see hourly chart). The greenback is favored to come under further selling pressure during the North American session. The Euro benefited from reports...
-
Money Management in Forex
Monday, January 25, 2010 - 5:48am | 484Read More...Money management in the Forex market, like any other financial market, deals with an investor’s risk quotient in the market. As the chances of success or failure in the forex market are equal (50:50), a good forex money management strategy should include the following: • Monitor your trading...
-
Friday's Forex Bottom Line: A Battle of the 'Least Bad'
Friday, January 22, 2010 - 6:00pm | 207Read More...No currency performed particularly well against all other currencies on Friday. For instance, the U.S. Dollar was strong against the Pounds and the Canadian Dollar, but it was weak relative to the Yuan and the Australian Dollar. Here's a wrap-up of Friday's major forex action: EUR - USD 1.4136 +...

