Forex Crunch EUR/USD October 1 – Breaks Another Significant Line

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• EUR/USD October 1 – Breaks Another Significant Line
• Chinese Manufacturing PMI Boosts Aussie
• Forex Daily Outlook – October 1 2010
• Canadian Contraction – A Sign for the US?
• This Emotion Will Destroy Your Trading Career

EUR/USD October 1 – Breaks Another Significant Line Posted: 01 Oct 2010 01:27 AM PDT EUR/USD broke above another important resistance line. Will the pair hold on to these amazing gains when the markets close? Here’s a quick update on , fundamentals, fundamentals, and community trends. EUR/USD after Itish decision. EUR/USD Technicals Asian session:  Quiet session ranging from 1.3630 to 1.3680. Current Range between 1.3530 to 1.37. Euro just broke [...]

Chinese Manufacturing PMI Boosts Aussie Posted: 30 Sep 2010 06:28 PM PDT China is unstoppable – PMI for September exceeded expectations. When Australia’s main trade partner gets a good figure – the Aussie rallies. After taking a dip on weak domestic figures, the Chinese release provides new momentum for the Aussie. Just before entering a public holiday,China released the purchasing managers’ index for September. The score was [...]

Forex Daily Outlook – October 1 2010 Posted: 30 Sep 2010 03:00 PM PDT U.S. ISM Manufacturing PMI, Europe’s Unemployment Rate and Halifax HPI in Britain are the main events on our menu today. Here are the selected market-moving activities closing another week of trade. In the US, ISM Manufacturing PMI last reading indicated a better than expected rise to 56.3 points the positive score remaining above the 50.0 [...]

Canadian Contraction – A Sign for the US? Posted: 30 Sep 2010 07:05 AM PDT The Canadian economy squeezed by 0.1% in Jult, the first month of Q3. While the figure came out within expectations, it’s a warning sign for Canada’s biggest trade partner – the USA. Canada is unique in releasing GDP figures on a monthly basis, rather than once a quarter. After excellent growth first quarter, and an [...]

This Emotion Will Destroy Your Trading Career Posted: 30 Sep 2010 06:30 AM PDT Guest post from visionsofaffluence.com So you just had a few good trades and now you feel like you're on top of the world. You feel like you finally have this forex trading thing down and that from here on out everything that you touch will turn to gold. You are unstoppable and pretty soon you will [...]

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