Forex Crunch EUR/USD Jan. 27 – Loses Uptrend Support

Forex Crunch EUR/USD Jan. 27 – Loses Uptrend Support

EUR/USD Jan. 27 – Loses Uptrend Support

Posted: 26 Jan 2011 11:49 PM PST

EUR/USD failed to break above resistance and took a dive – this sent it below uptrend support. Will we see an accelerated fall?  Here's a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  struggled  around 1.37.. Current range – 1.37 to 1.3830 Further levels in both directions: Below   1.37, 1.3576,

Unregistered Forex Brokers Sued by CFTC

Posted: 26 Jan 2011 11:28 PM PST

The CFTC made a major move against unregistered forex brokers – they sued no less than 14 brokers. Lawsuit were filed in 4 different courts across the US. This includes FXOpen among others. Here are the names of the companies: EuroForex Development LLC, a Delaware LLC; FIG Solutions Limited, Inc., a Delaware corporation; ForInvest, a

Forex Daily Outlook – January 27 2011

Posted: 26 Jan 2011 02:00 PM PST

We end the week with interesting events such as Advance GDP in the US and much more. Let’s see what awaits us today. In the US, Unemployment Claims, number of individuals who filed for unemployment insurance for the first time during the past week; is about to rise by 5K. An important signal of overall

AUD/USD Jan.27–Aussie Slightly Down Against US Dollar

Posted: 26 Jan 2011 12:20 PM PST

The Aussie traded slightly lower Wednesday against the Greenback ahead of the US Federal Reserve’s stance on economic growth. The Aussie is trading at 0.9961 down 0.09%, as of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: AUD/USD traded slightly lower Wednesday.   Current range: 0.9930 –

Video – Review of EUR/USD Dollar Moves Around the Fed Decision

Posted: 26 Jan 2011 09:35 AM PST

Julie Sinha reviews the moves of EUR/USD on Forex TV. Traders are cautious towards the FOMC decision. This is causing choppy trading throughout the day. Sinha quotes one analyst that even says it’s “suicidal” to trade the markets before the statement is released to the public. Are you trading the decision? Or waiting for the

EUR/USD Elliott Wave – Is a Reversal Coming?

Posted: 26 Jan 2011 06:42 AM PST

Euro has been trading significantly higher for the past two weeks from 1.2870 region, but the price action personality suggests that this is only a temporary recovery. Our bias for this pair is short as long as the market trades below 1.4280 high from October 2010. Guest post by Gregor Horvat In our next video,

eToro Introduces Foursquare Style Badges

Posted: 26 Jan 2011 06:34 AM PST

eToro, a forex broker known for it’s easy to use platform and social network, introduces Foursquare-style badges. Traders can now earn recognition for their successes. eToro also announces a big round of funding. Social prizes The Market Leaders program rewards the traders for accomplishments in different fields. Badges are earned per geographical regions (similar to

FOMC Preview – Will Inflation Be Mentioned?

Posted: 26 Jan 2011 06:33 AM PST

The first rate decision in 2011 isn’t expected to bring any dramatic policy change, yet it will rock the dollar, especially if the inflation is mentioned. Here’s a preview for this big event. What’s expected I believe we won’t see any change in the Fed’s policy this time. Only two months passed since the major
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