Currency from different countries is traded through the foreign exchange market. In the market, currency conversion happens with the help of many smart traders working around the clock. Anyone can become a trader in the foreign exchange market, provided they are properly trained...
Inflation in the US may be the investment topic of the moment. Whether inflation is merely a case of paranoia or actually raising its ugly head is yet to be seen...
-The USDOLLAR has broken…and reclaimed...long term trendline support. The advance through 10420 is a great start to suggesting that the trendline was break was of the false variety. A weekly key reversal is in the works too (need to close above 10409...
Gold price forecast 7/4/2014 Due to positive economic news yesterday of the USA, gold price tested the deepest level 1309.00 of this week . However, gold price has been rebounded shortly and is trading around at 1319.00-1321.00 now...
The currency of many countries all over the world is specifically traded daily through a highly specialized market the foreign exchange market, also known as the forex market. The market is filled with seasoned traders with lots of experience and beginning traders as well...
Emotions Gone Wild Using Pivots to See Common Chart Points Finding Great Range Entries of Pivots There’s a common belief that most market moves are the result of two emotions, greed and fear...
Of all the investment markets around the world, the Foreign Exchange Market is the largest. With billions and billions of dollars traded every day, there is a huge potential for return on your investment...
In an uptrend, trendlines develop by connecting a series of lows Depending on the trend, trendlines will act as support or resistance Traders can use an oscillator, like CCI, to time market entries...
Modern speculative markets (stores) are composed of members who are not equivalent...
The NZD/USD pair initially try to fall during the course of the week, but found enough support to push the market higher, testing the 0.88 level. That area getting broken to the upside send this market looking to the 0...
BP/USD Technical Strategy: Longs Preferred Morning Starsuggests potential for further gains Bearish patterns remain absent on the daily...
Think about it… If you had the worlds unfilled buy and sell orders in front of you at each price level in the markets you were trading, how simple would trading be...
The S&P 500 initially fell during the course of the week, but found enough support at the 1945 level to turn things back around and form a nice-looking hammer. This hammer of course suggests that the market is going to go higher, on a break above the top of the range...
Situation from yesterday remains the same. New channels are not formed...
So, a pair will be a breakthrough channel, which indicates the desire to move up...
