Daily Bullish: Yesterday saw a stronger than expected pullback above 1.0130 which then stalled 2 points above the 1.0169 resistance. Losses from here do seem firm. However, watch the 1.0044-50 area which could generate a correction but …
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The EURUSD could not build any momentum above the 1.5774 hgih from Friday, and has backed off. the pair is back into a 1.5726 to 1.5774 range…
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March Feb. 2008 2008 Business Confidence -4 -2 Business Conditions 7 11 Trading 13 17 Profitability 6 8 Employment 4 9 Export Sales (nsa) -7 0 Forward Orders 0 3. read more.
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All the farms which once would have enough and more of food grains and thus export to earn a foreign exchange now lay barren – virtually. Needless to say that agricultural productivity is at all time low. …
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Here we are going to look at currency trading basics and one specific question any novice forex trader must answer correctly, if they are going to win with their forex trading strategy, so here it is… …
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Forex is the largest and most liquid market in the world trading approximately $2 trillion daily. The Foreign exchange market is a cash interbank/interdealer market. In other words, this means the currencies traded in the Foreign …
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The EURUSD has made it back above the Friday Unemployment high (1.5774) after correcting on Monday, and moving higher on Tuesday. The stronger economic data (German Industrial Production) and comments from ECB officials that were …
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The EURUSD has made it back above the Friday Unemployment high (1.5774) after correcting on Monday, and moving higher on Tuesday. The stronger economic data (German Industrial Production) and comments from ECB officials that were …
Original post by Greg Michalowski
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The trendline support on the 4 hour chart from the low on 31 March comes in at 102.09. The market is testing this support level now. A break would target the triple bottom congestion area at 101.46-50.
Original post by Greg Michalowski
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