Forex Crunch EUR/USD Nov. 2 – Choppy Trading Continues

Forex Crunch EUR/USD Nov. 2 – Choppy Trading Continues


EUR/USD Nov. 2 – Choppy Trading Continues

Posted: 02 Nov 2010 12:28 AM PDT

EUR/USD is back to the frustrating range, just under the pivotal line. Will it improve positions before QEII? Here's a quick update on technicals, fundamentals and community trends. We have important events already today, on Monday. EUR/USD around settled above 1.3950 EUR/USD Technicals Asian session:  EUR/USD traded around 1.3900 during most of the session. Current [...]

AUD/USD Parity Reached On Surprise Aussie Hike

Posted: 01 Nov 2010 11:18 PM PDT

AUD/USD jumped on the relatively surprising decision to raise the interest rates in Australia. Early expectations stood on a another freeze of the rates at 4.50%, but Glenn Stevens decided not wait for inflation to be too high. The Australian dollar is now aiming at uncharted area. The moves comes despite a relatively weak CPI read [...]

Forex Daily Outlook – November 2 2010

Posted: 01 Nov 2010 03:00 PM PDT

US Congressional Elections and Australian Rate decision are the main topics on our menu today. Here is an outlook on the market movers of this day. In the US,   Congressional Elections, US voters will head to the polls with the entire House of Representatives and one-third of the Senate at stake. The high level of [...]

[Video] Fate of QE2, Technical Levels. NFP and More

Posted: 01 Nov 2010 08:16 AM PDT

One of the most exciting weeks in forex trading began, with AUD/USD still looking towards parity, the Japanese yen close to all time lows and and awaiting a possible intervention, and of course, the main theme – QE2. In the weekly interview on Forex TV, I spoke with Julie Sinha about all these things and [...]

Why You Will Fail As A Trader

Posted: 01 Nov 2010 07:00 AM PDT

In our everyday lives emotions are great. They make it possible for us to enjoy life and create lasting relationships with other human beings. In fact many argue that our complex emotional abilities are part of what makes human. Emotions are great but there are times when having them are more of a burden than [...]

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