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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Sunday, 31 March 2013

Forex - GBP/USD weekly outlook: April 1 - 5

The pound was little changed against the dollar on Friday as trade remained light with many markets closed for Good Friday. GBP/USD hit a session high of 1.5219 on Friday, before settling at 1.5190, dipping 0.02% for the day and ending the week just 0.09% higher. Cable is likely to find support at 1.5094, the low of March 27 and resistance at 1.5258, the high of March...

Forex - EUR/USD weekly outlook: April 1 - 5

The euro was hovering above four-month lows against the dollar in subdued trade on Friday as lingering concerns over a bailout deal for Cyprus and political uncertainty in Italy saw investors shun the single currency. EUR/USD hit a session low of 1.2794 on Friday, before settling at 1.2821, edging up 0.03% to end the week 0.28% lower. The pair was likely to find support...

Forex Signal for 28 March 2013

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Friday, 29 March 2013

EUR/USD March 29 – Steady as US Data Disappoints

It’s been a rough week for the EUR/USD, but the pair is steady in Friday’s European session, trading in the low 1.28 range. The euro was helped by weak US data on Thursday, as employment and GDP numbers missed expectations. In Cyprus, banks across the...

Thursday, 28 March 2013

EUR/USD Unable to Recover, Despite Strong German Data

EUR/USD gradually climbed up from support at 1.2750 and made its way towards 1.28. The pair already crossed this level, but was unable to keep it up. This comes despite strong German data and as markets await the opening of banks in Cyprus. Update: The pair now falls...

EUR/USD Falls to Support on weak German employment data

After the euro was unable to climb on positive data from Germany, it now falls towards the 1.2750 support line on weak German data: the number of unemployed people rose by 13K, contrary to expectations for a drop of 2K. The unemployment rate remains at 6.9%. The opening...

European stocks higher, eyes on Cyprus and Italy; Dax up 0.21%

European stocks edged higher on Thursday, although investors remained cautious as Cyprus banks were to reopen later in the day, while concerns over political deadlock in Italy persisted.  During European morning trade, the EURO STOXX 50 added 0.19%, France’s CAC 40 edged...

Forex Trading Signals for 27th March 2013

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Forex Trading Signals for 26th March 2013

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Forex Trading Signals for 25th March 2013

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