Posts filed under 'technical analysis'
Dollar Down on All Fronts Except JPY Following Fed Statement
After suffering a mild setback following the release of yesterday’s Federal Funds Rate policy statement, the USD now seems poised for a come-back. At the opening of the US market today at 12:30 GMT, forex traders will catch a glimpse of US retail sales and unemployment claims which are both expected to show a continuation of growth in the United States helping the USD regain some of yesterday’s losses.
Forex Highlights
USD – Dollar Down on All Fronts Except JPY Following Fed Statement
EUR – The Sterling Remains under Downward Pressure
JPY – Yen Falls on Low Safe-Haven Demand
Crude Oil – Oil Prices Rebound above $70 a Barrel
Add comment August 13, 2009
Technical vs Fundamental Analysis in Forex Trading
As a beginner in forex trading you might wonder which analysis suits you best – technical or fundamental. Is it better to concentrate on one of them, or rather combine the two for better understanding? What do other traders use to analyze price movements?
Read full article about technical and fundamental analysis here
Add comment July 28, 2009
