Market Technical Update
Trading advice: Trade with the range Although the pair is currently trading sideways on a daily basis, a good idea would be to take advantage of the current range for short term trading. The pair has found support around 1.352 and since then has slowly rebounded..Use the 1.352 as support with a target of the 1.369. [...]
Continue reading...10. March 2010
Daily Market Review for 10th, Mar 2010
The markets presented an unstable session yesterday, bouncing at the opening bell, only to close with minor gains. Cisco has been a major mover over the last couple of trading days and has helped to drive techs to higher ground. According to recent news headlines Cisco has stated that its new high-speed data router has [...]
Continue reading...8. March 2010
FX sentiment cautious, Euro and Sterling slide
The Euro and the Sterling gave up earlier gains from last week as risk aversion play weighed on the high yielders. Last week the high yielding currencies among them the Euro and the Sterling were able to recover losses and rebound against the Dollar and the Yen as better than expected job figures lifted [...]
Continue reading...8. March 2010
Weekly Market Update 8th Mar, 10
The global markets jumped higher last week, capping off a robust trading week for the S&P 500 Index. The benchmark index finished the week up 34 points or 3%. The UK FTSE Index hit a new 52 week high and is now dealing with its 200 week moving average. Oil and Gasoline, had solid gains [...]
Continue reading...7. March 2010
Eye on the Yen
After dipping below the 89 level against the Dollar rumors over BoJ stimulus pushed the Dollar Yen trade above the 90 mark once again. Ahead of the Japanese GDP figures investors are betting Japanese growth will be revised downwards from the preliminary figure of 4.6% YoY published in February as capital expenditures, one of the [...]
Continue reading...5. March 2010
China to keep Yuan stable
The Chinese Prime Minister Wen Jiabao in his speech to the Chinese nation reiterated that Yuan exchange rate will be kept stable and stressed that more internal consumption is needed for a full recovery. The Prime minister pledged to keep monetary conditions easy to support growth while providing a rather carful outlook for the Chinese [...]
Continue reading...4. March 2010
Technical Update-Ahead of BoE rate decision
Pairs you should watch GBP rebounded , watch out of the 1.515 resistance a daily close above 1.515 would mark 1.53 as the next target For more on the BoE and ECB rate decision see our latest review
Continue reading...4. March 2010
Technical Update-Ahead of ECB rate decision
Pairs you should watch: Euro rebounded, watch out of the 1.38 resistance a daily close above 1.38 would mark 1.4 as the next target For more on the BoE and ECB rate decision see our latest review
Continue reading...3. March 2010
First interview with an eToro challenge champ: “Trade by what you see, not by what you feel”
Kimthanhly, The Winner of the last 2 eToro’s trading challenges, shares tips and trading strategies with eToro’s community Profile: Age: 22 Country: Canada Family status: Engaged Occupation: CEO - Import & Export Group Experience: 3 years of FX, 5 of Equities Initial deposit in eToro: $6000 Trading Mantra: Swing trading preferred currency: EUR/USD, GBP/USD, USD/CAD, GBP/JPY, USD/CHF, AUD/USD, CAD/JPY… Hobbies: Tennis, working on charts Q: Why [...]
Continue reading...3. March 2010
Daily Market Review for 3rd Mar, 10
The U.S market continued to gain strength yesterday after Monday’s massive rally. The S&P500 finished the day with a 0.23% gain, while the Nasdaq finished higher by 0.32%.Even though it was a positive session, investors were reluctant to drive the markets significantly higher, as participants preferred to adjust their portfolios for Thursday and Friday’s sessions. Although [...]
Continue reading...
eToro – Forex Trading Forum
- Weekly Market Review February 22, 2010
- Happy Deposit Day February 10, 2010
- Weekly Market Review February 8, 2010
- February 5, Non-Farm Payroll February 5, 2010
- February 4-Economic News February 4, 2010
- The week in Review and the week to come February 1, 2010
- US and Canadian GDP Announcements Jan 29 January 29, 2010
- Earn Like Professionals Do!!! September 15, 2009
- FOREX WEATHER REPORT- MARKETS AHEAD(WEEKLY ANALYSIS) August 15, 2009
- Ten Roadblocks to Success often faced by Forex traders July 18, 2009
10. March 2010
0 Comments