Forex Charts The Australian dollars love affair with gold is about as public as they get. Over the past two years they have experienced the most extraordinary rise, hand-in-hand as the hysterical demand for gold pushed it to $1900 levels. Australian mineral wealth ...

Forex News US markets opened higher Tuesday morning on seasonally strong housing prices, and the expectations that the Eurozone policy makers have devised a plan to deal with the European debt crisis.  US president, Barack Obama called on leaders in Europe to take ...

Forex News The Greek debt crisis is hanging over the worlds riskier assets like a dark cloud with the potential to unleash ‘catastrophic’ effects on the already-terrified financial markets according to Timothy Geithner at the IMF conference this weekend. The ...

Forex Signals Over the past 10 days EUR/USD has declined 1,000 pips from 1.45 to 1.35, which is considered the largest range of the currency pair. Whenever Euro climbed or dipped so many pips before, a retracement or correction took place short term. That is why my ...

Forex Forex is a short form of ‘Foreign Exchange’. It is related to the affair of currency exchange between two nations. It is calculated by taking into account the rate of currency exchanged between two countries. Now, forex market depends on a number ...

Forex Charts EUR/USD trending channel allows forex traders for safer trading nowadays. Or maybe not? A trending channel helps defining stop losses and profit targets while trading popular currency pairs such as Euro, Yen or Pound against the US dollar. On the other ...

Forex Charts MACD divergence in addition to S1 Pivot Point provided an excellent support level for EUR/USD in the hourly forex chart. Technical analysis in forex trading pointed out a great entry point for forex traders to bet on the retracement of the currency pair ...

Forex Signals A Triple Top at yesterday’s EUR/USD chart was proven a false forex signal when I shorted Euro. Trading the popular currency pair during morning led me to predict a promising downtrend as I sold 2 lots at 1.4625. However the currency rate penetrated ...

Forex News The Federal Reserve Bank made their FOMC meeting announcement yesterday at 12:30PM EST, initiating a EUR/USD strong uptrend. The forex rate was at that time at 1.4670, dropped to 1.4640 one minute after the Federal Open Market Committee meeting’s announcement ...

Forex Charts Posting the triangle breakout of EUR/USD 15-minute chart at my Facebook fan page yesterday hopefully helped some traders to gain almost 100 pips in overnight forex trading. The currency pair climbed to 1.44 during the night (European time) and is now ...