Archive for March, 2010

GBP/USD- Bears Are In Danger

This Forex technical analysis piece analyzes the GBP/USD and EUR/USD major Forex pairs.

Trading Forex when Volatility is High

This Forex article explains how to minimize risks when volatility in the Forex market is high.

EUR/USD Cycle Turns Up

This Forex technical analysis piece analyzes the EUR/USD and USD/JPY major Forex pairs.

EUR/USD, Down With No Delay

This Forex technical analysis piece analyzes the EUR/USD pair.

U.S. Dollar Buying on Positive U.S. Economic News

The U.S. Dollar struck a 2-month peak versus the Japanese Yen in Asian trading today.

Irish Government To Provide Additional Funds To Banking Sector

The Republic of Ireland has announced that Anglo Irish Bank will require a cash injection of €5bn. Two other Irish banks, Bank of Ireland and Allied Irish Banks will receive €1.26bn and €1.88bn respectively.

The Games Forex Scammers Play

Forex Scammers are a wily bunch and very proficient at using clever marketing techniques to further their ends. One of their favorite tricks is to bombard their targeted markets with very long sales letters that rambling on about the merits of their products.

Euro Rises in Tokyo on Positive Greek News

Investor appetite for risk was on the rise in Asian trading today following the welcome news that Greece will be able to raise money to settle a portion of its debt burden. That positive news help increase earlier gains for the single currency Euro against the U.S. Dollar.

Further Bond Success For Greece

The Greek government has had a successful issue of a new seven year government bond with a yield of 5.9%. The issue has raised its €5bn target which the government will probably use for servicing interest payments on its debt.

USD/JPY continues moving in low trading range

Resistance level at 92.82 and support level at 92.36 forms a narrow trading range, candles are locked up in this range for a while. While support and resistance barriers holds, further bouncing is expected.