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Chart Pattern Analysis: Trade the Double Bottom

It is often said that chart analysis is both an art and a science. One component of technical analysis includes the study of patterns, which is simply identifying the formations that markets etch on the charts as they move up and Read More →

FOREX: USD Index Looks Higher Ahead Of Elections- 10,000 On Tap

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9957.11 9983.06 9954.48 -0.22 73.78% The greenback lost ground ahead of the U.S. elections, with the Dow Jones-FXCM U.S. Dollar Index slipping to a low of 9,953, but the outcome at the polls may have a limited Read More →

FOREX ANALYSIS: Euro Remains Capped Ahead Of ECB- 1.2650 In Sight

Talking Points Euro: Outlook Weighted By Break-Up Threats, All Eyes On ECB British Pound: Maintains October Range Ahead Of BoE Rate Decision U.S. Dollar: Struggle Ahead of U.S. Election, Fed To Preserve Current Policy Euro: Outlook Weighted By Break-Up Threats, All Eyes On ECB The Read More →

Forex Strategy: Trading the RBA Rate Decision

We have the benefit of substantial volatility and heavy event risk. Any currency trader recognizes the potential in this mix. Against the backdrop of progressive fundamental developments, conditions can finally lead to significant trend development. For the Aussie dollar crosses specifically, Read More →

Making Money with Automatic Forex Trading Software

Money is used everyday. You use it to buy all the things necessary to make it possible to live your everyday life. You use money to purchase food, purchase gas for your car, pay for your utility bills and you Read More →

Forex News: Risk Aversion Sends Euro Beyond the 2-Month Low

There was one clear conviction in today’s European session thus far, and that has been an aversion to risk correlated assets. The Euro fell 65 points against the US Dollar in the first part of the session without a clear Read More →

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