The Euro saw some back-and-forth movement during Monday's trading session. As the North American session approaches, activity is likely to slow as both the US and Canada celebrate Labor Day. With that in mind, the 1.11 level appears to be a key area...
How much benefits of forex for foreigners? Introduction to Forex Trading for Foreigners Forex trading, short for foreign exchange trading, has become a popular avenue for investment among foreigners. The global reach, flexibility, and numerous...
Harami Candlestick in Forex : The Harami pattern consists of tow candlesticks wit the first candlestick being a large candlestick and the second being a small candlestick whose body is containes within the first candle's body. The Harami candlestick...
EUR/GBP ANALYSIS UPDATE Daily Timeframe Bullish candles are seen forming on the daily time frame tonight. This formation is still temporary because Monday's market has not ended. Prices appear to have moved positively from the 0.8410 area which is...
The Dollar Index (DXY) faces resistance around 102.20 after its rebound from its 101.50 support level to 101.70 last week, DBS’ Senior FX Strategist Philip Wee notes. DXY has a resistance at 102.20 before Friday’s US jobs report ”This Friday’s US...