Forex Signals NZD/USD may not be the most popular forex trading pair but the bounce on the support level looks promising. New Zealand dollar ranges between 0.81 and 0.83 US dollar in the last 30 days with quite a few bounces off the support and resistance levels. However ...

Forex Charts 2012 EUR/USD consolidation range seems to be between 1.30 and 1.35 but Friday’s candlestick completed a bearish pattern that may ignite a resume of the downtrend, which began 8 months ago, and push the popular forex pair all the way down to 1.22! If ...

Forex Signals EUR/USD tested the resistance level of yesterday’s pivot point at 1.3242 before falling down to the S2 pivot point for a 200 pips’ decline, hitting the low at 1.3009. The breakout pattern at the 15-minute forex chart was the signal that triggered ...

Forex Charts Technical analysis in currency trading shows signals for downtrend at the EUR/USD chart. Interactive Brokers forex trading platform can draw daily bars at the EUR/USD chart back to 2 years and that is sufficient to point out the upwards trend line that ...

Forex News A mixed reaction hit the markets on Wednesday as news that the underlying negative sentiment for almost everything European finally began to creep upon the largest economy in the region. Germany, who had seen a dismal uptake of under two thirds of its ...

Forex Fundamentals The GBP/USD can be a particularly volatile and unpredictable currency pair. For this reason, the many trading opportunities that such a mobile currency can gift to traders makes it an incredibly popular pair. In terms of its relationship to other major ...

Forex News The Euro had a confusing day today as the positive news that technocrat Mario Monti would lead the new Italian government was tempered by the surprise announcement that he too would be the new finance minister. Markets are generally fearful of anything ...

Forex News The Eurozone grew by only 0.2% in the third quarter, reaffirming the view that the region is potentially slipping towards recession. The omnipresent threat of debt is hanging like a grey cloud over many of the regions nations, exacerbated by low productivity ...

Forex Fundamentals Stock markets rallied today and inevitably pushed the USD down from its demand-driven rally as the safe-haven for traders. Although this may be short-lived, it is interesting to look away from the EUR/USD to its alternative dollar-pairing. The USD-CHF ...

Forex Charts Even after today’s announcement of Silvio Berlusconi’s resignation, Euro markets moved considerable lower. This indicates that the market is still highly cautious of Europe’s precarious position and risk aversion still exists on a large scale. ...