The FX Market

Hey everyone, for this presentation I take a look at the Aussie SUD and Pound USD. Not the most exciting outlook today. Using some longer term charts I have simply drawn up a few possible scenarios that we could expect today. As a rule in any trend I am looking for continuation of the same USD themes. Good luck and enjoy!! David Pegler

Happy Friday the 13th everyone. The euro came off pretty strongly overnight as another attempt past 1.5020 failed. We have now backtracked to the 61.8% retracement level and a break below 1.4800, specifically a close below 1.4800 will lead us to believe the dollar may start a rally. Its also plausible to believe that we may see a range until we firmly close below the 1.4680 level, a clear level of support for the Euro. These are interesting times and our bias remains to short the dollar; however, failure to breach 1.5050 several times has us concerned about the strength of the euro. We may be seeing a shift in sentiment. Were looking to see if higher lows continue to form, confirming our bias. If youd like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the members area by visiting www.spoteuro.com

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www.GoGoChange.com The foreign exchange market, or forex is a worldwide ‘over the counter’ financial market for trading of currencies. It assists international trade and investments. The foreign exchange market is the largest and the most liquid financial market in the world. Forex is often considered as a facility that is easy to operate, at the same time difficult to understand. The world of finance and transactions is as wide as the ocean; hence people spend a lot of time to study the fundamentals of this meticulous phenomenon. In this busy world, everybody is on the look ways and means of coping with their remuneration. Even though a lot of tips and guides are available on foreign exchange, there is a whole host of software which contributes to make trading less difficult. This article gives a brief summary of a forex software named Megadroid. The Forex Megadroid Review will be of assistance to those who have plans in mind of buying software to assist them in forex trading. Forex software is specifically designed to aid foreign exchange transactions on behalf of users. You can call Megadroid, a machine or a robot, which does each action for you accurately. Your job, as a user, is to set precise parameters, under which, the software acts. The Forex Megadroid Review clearly analyzes and outlines whether the software is efficient in its performance and is capable of proving its advertised strengths. Functioning Of Megadroid Forex Megadroid use current and up to date …

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Forex Technical Update 7/23/2010 Fan Yang CTA www.FXTimes.com The Japanese yen ended the week lower after showing some strength in the middle of the week. For the EUR/JPY and GBP/JPY, the markets are still in ranging modes. The CAD and AUD are in the similar situation as well as the USD. Therefore, the weakness for the yen was broad based, but still not significant enough.

Daily analysis of the US Forex market trading session with DailyFX Currency Strategist John Kicklighter. Includes coverage of economic and financial market news, as well as an outlook for the day ahead and trading ideas.

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