* Euro faces resistance at 100-day MA near $1.3334 * Dollar/yen supported by Japan (EUREX: FMJP.EX – news) importer demand * Euro/yen holds above Ichimoku cloud bottom (Updates levels, adds comments) SINGAPORE, Feb 8 (Reuters) – The euro eased on Wednesday but still held near a two-month high, supported by hopes that Greece may soon [...]

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Johnathon Fox of DailyForex.com explains a profitable forex trading method that does not involve any complex indicators, news, or cluttered price charts, relying simply and solely on price data to uncover quality set-ups. Price action trading is a simple tool that traders can use to trade the forex market. Price action trading is using the [...]

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FOREX: Ringgit Extends Uptrend Against Dollar In Early Trading

February 8, 2012

February 08, 2012 10:41 AM FOREX: Ringgit Extends Uptrend Against Dollar In Early Trading KUALA LUMPUR, Feb 8 (Bernama) — The ringgit extended its gain from last week against the US dollar in the opening session Wednesday, boosted by the demand from local players after the long holiday break, dealers said. At 9am, the ringgit [...]

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Alpari (US) Expands Trading Instruments and Pushes into Emerging and Exotic Markets

February 8, 2012

Alpari (US), LLC (“Alpari”), a global provider of online foreign exchange (“Forex”, “FX”) trading services, today announces the significant addition of new Emerging Market and Exotic currency pairs available to its Retail and Pro traders. Twelve new pairs will be added to all Pro trading platforms, including MetaTrader 4 Pro, and Alpari Direct and Alpari [...]

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Forex: GBP/USD in jerky trade around 1.5800

February 8, 2012

<!–TITOL: Forex: GBP/USD in jerky trade around 1.5800 FITITOL–> FXstreet.com (San Francisco) – GBP/USD has traded a limited 1.5785/1.5823 range at the start of trading this Monday, last at 1.5800. Navendu Narain, Director at Market Graph notes that overall sentiment in GBP/USD is bearish as it hovers between the 150 and 200-day EMAs, and predicts [...]

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What is Forex?

February 8, 2012

Corporate profits aren’t what they seemAP Is the great profit engine of corporate America running out of steam?While other parts of the economy struggled …

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Volatile Aug Produces Hefty Forex Trading Volume At CME, ICE

February 7, 2012

CHICAGO (Dow Jones)–Trading volume surged for exchange-traded unfamiliar banking futures in August, a duration of heightened marketplace sensitivity due to fears about U.S. and European emperor debt and a enervated tellurian economy. CME Group Inc. (CME) reported Friday that an normal 991,000 unfamiliar sell contracts altered hands during August, adult 11% from Jul and 21% [...]

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How Traders Boost Forex Trading Vocabulary with Vantage FX UK

February 7, 2012

LONDON, February 6, 2012 /PRNewswire/ – Vantage FX UK is helping traders to tell their adjustable pegs from their leading indicators with a comprehensive Forex trading glossary hosted on its website, http://www.vantagefx.co.uk/ . In the glossary traders can find all the terminology they can expect to encounter in the Forex market and on the trading [...]

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US Dollar Eyes Further Lows as Forex Volatility Tumbles

February 7, 2012

US Dollar volatility trades near its lowest levels since the onset of the financial crisis in 2008; we favor further USD losses against the Australian Dollar and other forex counterparts. US Dollar volatility trades near its lowest levels since the onset of the financial crisis in 2008; we favor further USD losses against the Australian [...]

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Forex Trading Volume Drops for First Time Since 2009

February 7, 2012

BY STEPHEN L. BERNARD NEW YORK—Global foreign-exchange trading volume dropped for the first time since the financial crisis, according to data released Monday by four major central banks. Average daily trading volume in October totaled $3.470 trillion in North America, the U.K., Singapore and Australia, which combined account for most of the world’s foreign-exchange activity. [...]

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