Tag Archives: Forex News

My Forex Journey

Dear friends, 8 years ago I told my friends (ex-bank traders who are in their 40s and 50s) that I want to trade forex successfully. They told me that it is impossible to make money consistently from forex. They told … Continue reading

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EU to Set Up Fund to Prevent Spread of Greek Crisis

European leaders agreed to set up an emergency fund to halt the spread of Greece’s fiscal woes, seeking to prevent a sovereign debt crisis from shattering confidence in the 11-year-old euro. Jolted into action by the sliding currency and soaring … Continue reading

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EURUSD: Open Buy Trade

Our system has signal buy for EURUSD. Buy EURUSD at 1.3301 Stop level at 1.3220 Target level at 1.3392

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Next RBA Meeting

RBA will conduct their next interest rate meeting on 4 April 2010. Only 5 out of 19 economists have predicted  that RBA will increase interest rate. If RBA does not increase interest rate, AUDUSD may fall.

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Market Commentary

Taking the thunder from the recent USD rally, Federal Reserve Chairman, Ben Bernanke said that the US economy still faces a long and steep road to recovery, citing the 10% unemployment rate as the core proof. The remarks were accompanied … Continue reading

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Value-Added Information

Dear friends, Due to our contacts in the financial industry, we have a lot of traders’ friends in Asia, London and New York. Very often we will exchange information regarding news in the forex market. News include: what are the … Continue reading

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EURUSD: Open Buy Trade

Buy EURUSD at 1.4632 Stop level at 1.4538 Target level at 1.4728

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Forex News

Heard of good buying by hedge funds, macro funds and central banks on EURUSD yesterday.

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