Forex's blog

Joke about American currency “value” in the past

admin — Fri, 08 Aug 2008 12:45:33 +0000

A tour guide was showing a tourist around Washington, D. C. The guide pointed out the place where George Washington supposedly threw a dollar across the Potomac River. “That’s...

Economic News, Forex Market Overview

admin — Fri, 08 Aug 2008 12:41:34 +0000

EUR EUR losses continue following Trichet’s weak economic outlook The EUR saw a very bearish trading session yesterday, losing ground against all of its currency crosses. The Euro fell to a...

Forex trade ‘on a roll’

admin — Fri, 25 Apr 2008 18:32:00 +0000

MANAMA: The last 15 years have seen a massive increase in forex trading with the Internet playing a major role is supporting the industry. “We have seen a massive increase in online trading...

Forex Trader: Crude Oil Prices, Eurozone Cashflow, Japanese CPI

admin — Fri, 25 Apr 2008 16:36:15 +0000

1. Crude Fair Price: OIL - $106.12 The News: Given the rebound in the U.S. dollar over the past day, the fair price of crude is below the present market price. The Breakdown Earlier in the week, OPEC...

Fundamental Outlook at 1400 GMT (EDT + 0400)

admin — Thu, 24 Apr 2008 19:02:33 +0000

Fundamental Forex Outlook by GCI Foreign Exchange Research (EUR / JPY / GBP) FOREX DAILY MARKET COMMENTARY 24 April 2008 Thursday Technical analysis is a method of forecasting price movements by...

USD/JPY Mid-Day Outlook

admin — Thu, 24 Apr 2008 18:52:38 +0000

USD/JPY: Daily Pivots: (S1) 102.82; (P) 103.30; (R1) 103.84; As discussed earlier today, USD/JPY should have made an intraday low at 102.67 with 4 hours MACD crossed above signal line. Intraday bias...

GBP/USD Forex Outlook Apr 24 14:34 GMT,

admin — Thu, 24 Apr 2008 18:50:41 +0000

GBP/USD Mid-Day Outlook Daily Pivots: (S1) 1.9725; (P) 1.9850; (R1) 1.9927; Cable falls further today and the touching of 1.9689 support turns outlook mixed. At this point, further decline could...

EUR/USD Daily Outlook Apr 24 14:34 GMT

admin — Thu, 24 Apr 2008 18:48:19 +0000

EUR/USD Daily Outlook Apr 24 14:34 GMT Daily Pivots: (S1) 1.5832; (P) 1.5918; (R1) 1.5974; EUR/USD’s decline from 1.6019 extends further to as low as 1.5675 today. Break of 1.5710 confirms that...

Public deficit falls - Euro zone finances news

admin — Tue, 22 Apr 2008 18:57:02 +0000

Euro zone finances news BRUSSELS: Most European governments made big strides last year in cleaning up their finances with the smallest shortfall between revenue and spending on record, according to...

USD/JPY Technical Analysis - Apr 22 08 15:53 GMT

admin — Tue, 22 Apr 2008 18:20:55 +0000

USD/JPY - Dollar Yen Short term (Intraday) 103,12. USD/JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat....