Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account
View RSS Feed

All Blog Entries

  1. |FXReturn.com|London Forex Market Call 10-26-11|

    by , 10-25-2011 at 09:05 PM
    Welcome to the FXReturn.com London Forex Market Call for October 26th.,2011. GBP/USD: Closes near the highs of the session as the market recovered from an earlier sell-off that drove the GBPUSD down to 1.5955. Consecutive closes above the 1.5990 level will keep the bullish posture of the market intact with the Fibonacci 1.0 extension level of 1.6160 as the next upside objective. A close, however, below the psychological and technical support level of 1.6000 will encourage a wave of selling down to the October 14th. pivot high of 1.5850. The Timing Oscillator is retaining its bullish formation and momentum continues to build to the long side suggesting more upside price activity is on the horizon | GOLD: Closes up nearly 2.7% in New York Trading ...
    Categories
    Uncategorized
  2. Forex Daily Outlook – October 26 2011

    by , 10-25-2011 at 06:12 PM
    New Home Sales in the US and EU Economic Summit in Europe are the main events today. Here is an outlook on the market-movers awaiting us

    In the US, New Home Sales leading monthly report to value the new sold households on the last month, is about to rise from 295K on September up to 302K now.

    Read the rest of the article [B][I][URL="http://www.forexcrunch.com/forex-daily-outlook-%E2%80%93-october-26-2011/"]Forex Daily Outlook – October 26 2011[/URL][/I][/B]
    Categories
    Uncategorized
  3. |FXReturn.com|New York Forex Market Call 10-25-11|

    by , 10-25-2011 at 11:25 AM
    Welcome to the FXReturn.com New York Market Call for October 25th.,2011. DOW: 35 minutes into the open of Wall Street trading the Dow is down triple digits and on the worst levels of the session, but managing to sustain trading levels above the 10 day average which resides at 11,605. Consecutive closes above 11,605 will keep the bullish posture of the market intact with 12,500 as the next upside objective. A close, however, below 11,605 will encourage a wave of selling down to 11,255. Stochastics are recognizing a positive crossover formation despite this mornings sell-off suggesting more upside price activity is on the horizon | EUR/USD: Trading near the lows, but above the 50 day average in New York Trading. Consecutive closes above 1.3820 ...
    Categories
    Uncategorized
  4. Canadian Dollar Retreating From Parity on Dovish Rate Statement

    by , 10-25-2011 at 10:26 AM
    The Bank of Canada isn’t convinced by the recent improvements seen in Canada and remains quite cautious. USD/CAD, which was flirting with parity, is on the rise again.

    The pair is currently at 1.0075, significantly higher than around 1.0020 before the release. The trough of the day was below parity, at 0.9991.

    Read the rest of the article [B][I][URL="http://www.forexcrunch.com/canadian-dollar-retreating-from-parity-on-dovish-rate-statement/"]Canadian Dollar Retreating From Parity on Dovish Rate Statement[/URL][/I][/B]
    Categories
    Uncategorized
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.