Forex Crunch EUR/USD Dec. 29 – Returns to Range After Wild Ride

Forex Crunch EUR/USD Dec. 29 – Returns to Range After Wild Ride


EUR/USD Dec. 29 – Returns to Range After Wild Ride

Posted: 28 Dec 2010 10:46 PM PST

EUR/USD is back to the same trading range after making a wild move yesterday on thin volume. Will we see another sharp move before the new year? Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar back in the range. EUR/USD Technicals Asian session:  EUR/USD had a quiet session, bouncing off 1.3080.. Current [...]

Forex Daily Outlook – December 29 2010

Posted: 28 Dec 2010 02:00 PM PST

German Prelim CPI in Europe and KOF Economic Barometer in Switzerland are only some of the events for today .Let’s see what awaits us. In Europe, German Prelim Consumer Price Index (CPI) of goods and services purchased by consumers is about to rise by 0.8%.Inflation is important to currency valuation because rising prices lead the [...]

AUD/USD Dec. 29 – Swinging in High Range

Posted: 28 Dec 2010 01:32 PM PST

AUD/USD made its way up in the high range, but then dropped sharply. Will we continue seeing this high range? Here's a quick update on technicals, fundamentals and community trends. AUD to USD in high range AUD/USD Technicals Previous sessions:  AUD/USD gradually climbed, but then bounced well before resistance. Current Range:  1.0080 to 1.0180. Further [...]

Trading the US Unemployment Claims News Event with Forex Hourly Options

Posted: 28 Dec 2010 09:21 AM PST

This coming Thursday one of the most important market news events, the US Unemployment Claims, is sure to attract Forex traders. One of the best ways to trade this news event is by using Binary Options. As many traders already know, Forex Binary Options such as EURUSD Binary Options, offer a means of trading news [...]

Dollar Rally Stops After Confidence Disappoints

Posted: 28 Dec 2010 07:01 AM PST

US Conference Board consumer confidence indicator fell from 54.1 to 52.5, falling short of expectations of a rise to 56.2 points. EUR/USD is stable after this release. It made significant falls beforehand. Last month, this important US indicator unexpectedly jumped above the 52 area that it was expected to hit, but returned to this level. [...]

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