ForexPeaceArmy | Sive Morten Gold Daily 10.02.13
Professional Forex Trading analysis by Sive Morten with Forex Peace Army. Videos are recorded fresh daily to help forex traders stay profitable.
Forex
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Monthly archive October, 2013
Forex Trading Set Trading Goals 4 of 7, Trading For A Reason
http://www.forexstrategysecrets.com If you are trading for any other reason than to make money your are wasting your time and money.
USD Getting Oversold- GBP Correction in Focus Ahead of BoE
Talking Points:
- USDOLLAR Slips to Fresh Monthly Low (10,468); Non-Farm Payrolls Delayed
- GBPUSD at Risk of Larger Correction Ahead of Bank of England (BoE) Meeting
Index
Last
High
Low
Daily Change (%)
Daily Range (% of ATR)
DJ-FXCM Dollar Index
10470.29
10493.32
10468.11
-0.09
50.96%
USDOLLAR Daily
Chart - Created Using FXCM Marketscope 2.0
Opening Read More →
FX Headlines: Mixed but Upbeat PMIs Allow Euro, Pound to Retain Gains
Talking Points
- Euro remains elevated as ECB refrains from LTRO and cautions against another.
- Discrepancy in forecasts, has Sterling rallying after PMI Services data.
- Growth momentum in Europe has seemingly found equilibrium, now that outsized gains have come to pass.
To Read More →
Forex: Euro May Extend Gains as PMI Data Bolsters Neutral ECB Outlook
Talking Points
The Euro’s Post-ECB Rally May Find Added Fuel in PMI Data
Pound May Come Under Pressure if Services PMI Disappoints
Yen, NZ Dollar Correct Lower After Outperforming Yesterday
The Euro continued to out push higher in overnight trade having rallied in the Read More →
Bullish GBPUSD Momentum to Falter on Slowing U.K. Services
- U.K. Purchasing Manager Index to Hold at 60.5- Highest Since 12/2006
- GBPUSD Eyes 1.6300 as Bullish Momentum Remains Intact
Trading the News: U.K. Purchasing Manager Index- Services
With the U.K. Services Purchasing Manager Index expected to hold at a 7-year high, Read More →