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FXStreet - EUR/USD falls to 1.3325, new 6?week low

Monday, May 7th, 2012

EUR/USD falls to 1.3325, new 6?week low

The EUR/USD resumed the decline after being unable to hold above 1.3400 and fell to 1.3325, level not seen since October 6. The Euro remains under pressure holding below 1.3400.

How Learn Intraday Trading Forex Market

Monday, December 13th, 2010

Intraday Trading Forex Market

A forex trading strategy must usually comprise of two main components – technical analysis and fundamental analysis. The technical s?de is looking at t?e charts and using mathematics to reflect the movement of th? market and t?e fundamental side requires knowing about important market-influencing economic news and announcements.

So let’s talk about fundamental analysis in your forex trading strategy. Every day, figures are released which are designed to reflect certain economic circumstances of a country. Some of these announcements for example “Non-Farm Payrolls” will almost certainly have an unpredictable affect o? the market depending on previous d?ta and implications of the figures released. A hard, fast rule for beginners trading (and veterans) is to stay out of the market during important announcements. You can fi?d out where to get these by taking one of ou? courses. Via

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USD hits 14 years low vs GBP

Friday, December 1st, 2006

Based on Reuters (Dec 1 2006) - The dollar hit a 14-year low against sterling and a 20-month trough versus the euro on Friday after weak U.S. data reinforced expectations the Federal Reserve might cut interest rates next year.

top gbp position

Chart graph for GBP/USD since 1992 to 2006

On GBP/USD chart could be try rollback the history in 1992, break postion over 2.000. The dollar fell as low as $1.9748 per pound (GBP), hitting its lowest for a second day since Sept. 1992 — just before the UK abandoned the European Exchange Rate Mechanism, the precursor to the euro. Investors are looking for sterling to rally to the elusive $2 level, last reached also in Sept. 1992.

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