Best Bollinger Band Forex Pair And Other Forex News For April 23, 2014

Best Bollinger Band Forex Pair And Other Forex News For April 23, 2014   United States Dollar:  The US dollar fell against a basket of currencies for the first time in eight days after reviewing brokers‘ numbers Tuesday after a gauge for housing showed existing home sales fell to a 1-1/2 year low in March. […]

What To Trade In A Low Volatility Forex Market Like Today, April 22, 2014.

What To Trade In A Low Volatility Forex Market Like Today, April 22, 2014. GBP/USD currently trading at about 1.6816 at most brokers, GBP/EUR is at about 1.2180, so GBP/EUR is a little bit higher than where it was this time on Thursday and the GBP/USD is roughly at the same kind of levels. We […]

US Dollar Losses Momentum amidst Heightening Tension in Eastern Europe

US Dollar Losses Momentum amidst Heightening Tension in Eastern Europe GBP/USD currently trading at about 1.6740, GBP/EUR is 1.2110, so GBP/EUR is a little bit higher than where it was this time on Tuesday and the GBP/USD is also higher over the course of the session. This is despite poor inflation figures that came out […]

The US Government Wants Its Money Today, Where Are Your Forex Trades For Tax Day?

The US Government Wants Its Money Today, Where Are Your Forex Trades For Tax Day? GBP/USD currently trading at 1.6730, GBP/EUR is about 1.2080, making the GBP/EUR a little bit higher than where it was this time on Sunday and the GBP/USD is a little bit lower. We’ve seen a little bit of risk off […]

Where The Smart Forex Money Is Betting On April 13, 2014

Where The Smart Forex Money Is Betting On April 13, 2014   United States Dollar:  The US dollar slumped to a five-month low against majority of its trading peers Wednesday after minutes from the Federal Reserve’s March meeting showed several policy makers said projections for an interest-rate hike were overstated and the central bank may […]

60 Second Trading and Talking Points For The Forex Markets Right Now

60 Second Trading and Talking Points For The Forex Markets Right Now GBP/USD currently trading at about 1.6570 in the forex market, GBP/EUR is 1.2090, with GBP/EUR and GBP/USD very similar to where they were this time on Friday, after non-farm payroll which kind of hit consensus (192k versus 200k expected). I’ll say this is […]

Forex Trading Tips and Market Update for April 4, 2014

Forex Trading Tips and Market Update for April 4, 2014   The euro tumbled on Thursday after the ECB said it was prepared to fight against deflation, while US stocks declined and Treasuries rallied before Friday’s non-farm payrolls report.   The Dow Jones Industrial Average actually retraced losses in the final hour of trading to […]

Status Quo Sentiments Raised by Yellen as RBA Puts Rate On Hold

Status Quo Sentiments Raised by Yellen as RBA Puts Rate On Hold The Australian dollar went a bit higher after the Reserve Bank of Australia left the cash rate unaltered at 2.50% as anticipated by the market. Clearly, the apex bank noted that the most reasonable plan of action is probably a session of stability […]

Neural EA Forex 2014 – Is the GBP/USD Story Going To Continue All Year?

Neural EA Forex 2014 – Is the GBP/USD Story Going To Continue All Year? GBP/USD currently trading at about 1.6640, GBP/EUR is at about 1.2100, so GBP/EUR and GBP/USD roughly where they were this time on Sunday and GBP/USD is a little bit higher. We are heading into a very important week for data, for […]

The British Are Coming, The British Are Coming! Forex Trading For Monday, March 31, 2014

The British Are Coming, The British Are Coming! Forex Trading For Monday, March 31, 2014   United States Dollar:  The US dollar advanced against most of its 16 major trading peers Friday as investors remained bullish about the US recovery after latest economic data suggested this year’s slowdown was weather-related and temporary. Data released by […]