Feb 19th, 2012
Daily Financial Market Outlook
Euro area finance ministers will hopefully today sign off on a second €130bn rescue package for Greece, before a €14.5bn bond repayment comes due on March 20th. This would just narrowly avert both a potential disorderly default and some of financial markets worst fears. However, even if approved, the second
Feb 19th, 2012
FOREX-Euro up on China easing, Greece prospect; yen 6-mth low
The euro was up 0.6 percent at $1.3213, having risen as high as $1.3238, its highest in a week, as traders stick to the view that euro zone finance ministers will sign off on a 130 billion euro ($171 billion) rescue package for Greece later on Monday, …See all stories on this topic »
Feb 19th, 2012
Foreign Exchange Market Commentary
The EURO closed higher on Friday and above the 20day moving average crossing tempering the nearterm bearish outlook. The midrange close sets the stage for a steady opening on Monday. Stochastics and the RSI are turning neutral hinting that a low might be in or is near. Closes above this
Feb 19th, 2012
Euro Primed For Surge As Extremely Bearish Market Refuses To Plunge
Viewed from that light we could argue that most traders should ignore the Euro altogether. Yet this author believes that current FX sentiment warns that the Euro could bounce sharply, and indeed our Senior Technical Strategist warns of risks that the …See all stories on this topic »
Feb 19th, 2012
UFXMarkets -Daily Gold & Forex Trading News-14-February-2012 …
For more Forex news & info, please visit http://ufx.co/UFXM-youtube… The US Dollar …www.youtube.com/watch?v=LeM8bkT8cnY
Feb 19th, 2012
Tips On Becoming A Victorious Trader With Forex
By Scott Sheffield by Sandra Evans Welcome to the wide world of Forex! As you can see, it is a big world complete with all kinds of techniques, trades and more. The fact that currency trading is a very competitive type of trading can make it seem a bit …See all stories on this topic [...]
Feb 19th, 2012
Weekly Review and Outlook: Yen Broadly Lower in Mixed Markets, Greek Bailout Approval …
The Japanese yen was overwhelmingly weak in an otherwise rather mixed week. Greece continued to dominate headlines as the approval of the second bailout was once again delayed. The common currency was notably weak against other major currencies except versus yen. Meanwhile, risk markets ignored the situation in Greece and
Feb 19th, 2012
EUR/USD Weekly Outlook
Despite dipping to as long 1.2974, EUR/USD rebounded strongly and the breach of 1.3190 minor resistance dampened the immediate bearish view. Initial bias is neutral this week for some sideway trading first. On the upside, above 1.3321 will resume the rebound from 1.2625 and target 61.8% retracement of 1.4246 to
Feb 19th, 2012
USD/JPY Weekly Outlook
USD/JPY soared sharply to as high as 79.60 last week and the break of 79.52 resistance indicates that whole rebound from 75.56 has resumed. Initial bias remains on the upside this week and current rise should target 61.8% retracement of 85.51 to 75.56 at 81.70 next. On the downside, below
Feb 18th, 2012
Forex Traders Forum – A Great Platform for Investors
Naha, Okinawa – Forex trading is considered as a happening profession. It is believed that people here achieve success at a rapid pace. This type of trading has a lot of benefits. Many individuals have developed new thoughts which in turn help them to …See all stories on this topic »
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