Forex Crunch Canadian Jobs Disappoint – USD/CAD Up

Forex Crunch Canadian Jobs Disappoint – USD/CAD Up

Canadian Jobs Disappoint – USD/CAD Up

Posted: 08 Oct 2010 04:02 AM PDT

Canada lost 6,600 jobs in September. This job loss is a disappointment. The unexpected drop in the unemployment rate from 8.1% to 8% didn’t help. USD/CAD is on the move. USD/CAD is at 1.0230, rising above the 1.02 line and still far from 1.0280. Early expectations stood on a gain of 10,700 jobs, significantly lower [...]

EUR/USD October 8 – Drifting Towards Uptrend Support

Posted: 08 Oct 2010 01:17 AM PDT

EUR/USD bounced off 1.40 and is range trading. Uptrend resistance is getting closer. Non-Farm Payrolls will rock the markets today. Are your ready? Here's a quick update on technicals, fundamentals and community trends. EUR/USD off 1.40 EUR/USD Technicals Asian session:  very quiet session, with EUR/USD trading under 1.3950. Current Range between 1.3850 to 1.3950 Further [...]

Forex Daily Outlook – October 8 2010

Posted: 07 Oct 2010 03:00 PM PDT

U.S. Non-Farm Payrolls, Canada’s Employment data and the IMF meetings this weekend are the most influential proceedings closing another week of trade. Here is an outlook on the major events at hand. In the U.S. Non-Farm Payrolls a better than expected drop of 54,000 contrary to  101K drop predicted gave a boost the market. This [...]

Baseball Can Make You A Better Trader

Posted: 07 Oct 2010 07:40 AM PDT

If you think that you are going to trade and never lose then you are in for a rude awakening. There is no such thing as a trader that never loses and anyone that claims that they are is a liar. Guest post from visionsofaffluence.com I mean let's be honest here no one is perfect and [...]
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