From the category archives:

Forex Trading

Eurozone Political Drama and Softer Global Data to Weigh on Sentiment

May 9, 2012

By Joel Kruger, Technical Strategist for DailyFX.com Risk rallies viewed as technical corrections; look to sell Euro consolidating above 1.3000 ahead of next drop Investors digesting implications of latest French and Greek elections Spain back in focus as the country attempts to rescue local bank Although we have seen a bit of a bounce in [...]

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US Dollar Index Classical Technical Report 05.08

May 9, 2012

The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. Overall, we do retain a bullish outlook given the broader recovery structure out from a major base in 2011 and therefore recommend looking to buy on dips in favor of an eventual break above 10,100. Tags: bullish outlook, [...]

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New product: Brokers

May 8, 2012

We’re pleased to announce the beta-release of Brokers, a highly advanced guide to regulated forex brokers. This new product is a breakthrough in the way traders research brokers, finally combining up-to-date information, extensive detail, real-time spreads, and a versatile interface that makes it easy to sort through it all! While all information on the broker [...]

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US Dollar Index Classical Technical Report 05.03

May 6, 2012

The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. Overall, we do retain a bullish outlook given the broader recovery structure out from a major base in 2011 and therefore recommend looking to buy on dips in favor of an eventual break above 10,100. Tags: dollar index, [...]

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Euro Has Yet to Break Well Defined Range, But Markets Looking Lower

May 6, 2012

By Joel Kruger, Technical Strategist for DailyFX.com Market optimism fades and suggests more USD strength Widespread calls for a break lower in Eur/Usd Key economic data and political risk ahead Focus for now on monthly US employment data Although we have seen no clear breakouts in most of the major currencies, and although the Euro [...]

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