Posted: 12 Jan 2011 03:01 AM PST

EUR/USD managed to break higher, as hopes of a resolution to Portugal’s troubles are seen. Will these gains hold? Here's a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Managed to hold above 1.2970. Current range – 1.2970 to 1.3080. Further levels in both directions: Below 1.2970, 1.2920, 1.28, 1.2722, 1.2587.

Forex Daily Outlook – January 12 2011

Posted: 11 Jan 2011 02:00 PM PST

Very busy day in the US, Treasury Sec Geithner & FOMC Member Fisher Speaks, Federal Budget Balance and much more. Let’s see what awaits us today. In the US, Federal Budget Balance, Difference in value between the federal government’s income and spending during the previous month, indicates a deficit with -150.4 B. In the US,

AUD/USD Jan.12 –AUD Lower Tuesday Against the USD

Posted: 11 Jan 2011 12:17 PM PST

The Australian Dollar traded lower today against the US Dollar as a result of a disappointing November trade balance and fears that floods in Queensland would negatively affect economic growth. At the time of this writing the pair was trading at 0.9859 (-0.99%). Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals

Binary Options on Meta Trader 4

Posted: 11 Jan 2011 08:17 AM PST

The relatively new field of binary options is growing rapidly. Leverate, a provider of solutions for forex brokers, introduces a platform for binary options that integrated into the popular MT4 platform popular with forex traders. I believe that 2011 will see more traders and more providers entering the field of binary options. This is also