Nov 19, 2010

Forex Crunch AUD/USD Hurt By Chinese Reserve Ratio Hike

Forex Crunch AUD/USD Hurt By Chinese Reserve Ratio Hike


AUD/USD Hurt By Chinese Reserve Ratio Hike

Posted: 19 Nov 2010 04:21 AM PST

The Australian dollar lost ground after the Chinese central bank decided to lift the reserve requirement from banks by 50 basis points – 0.50%. AUD/USD enjoyed Chinese growth and is now suffering from tightening steps in the world’s second largest economy. For many days now, there were talks about a Chinese rate hike. The last [...]

Forex Portfolio – Profits Rise With Differences Between Leaders

Posted: 19 Nov 2010 04:01 AM PST

After presenting the forex investment portfolio last week, I am happy to report the profits rose. After 143 trades have been executed, it is interesting to see that the most risky trader is leading the pack. Should these trade leaders continue or sho

Lower US dollar In Coming Week – Elliott Wave Analysis

Posted: 19 Nov 2010 02:11 AM PST

We can see some important reversal formation from Dollar bulls to Dollar bears with the price action seen in the past few sessions. Five waves up on euro, cable, down on dollar index and almost completed 5-wave structure on Aussie, gold and oil from

EUR/USD Nov. 19 – Broke Above Resistance

Posted: 19 Nov 2010 01:53 AM PST

EUR/USD jumped higher on hopes for a resolution in Ireland and is now fighting to settle above a higher resistance line. Will it close the week even higher, or will the current positions be reversed? Here's a quick update on technicals, fundamental

Forex Daily Outlook – November 19 2010

Posted: 18 Nov 2010 02:00 PM PST

We end this week with Federal Reserve Chairman Ben Bernanke speech in Frankfurt and some more exciting news .Let's see what awaits us today. In the US, Federal Reserve Chairman Ben Bernanke; due to speak at the European Central Bank's "Approaches

AUD/USD Recaptured Important Line

Posted: 18 Nov 2010 10:24 AM PST

AUD/USD managed to reconquer an important line that served as resistance, and it now settles above it, as risk appetite is back in town. How will it close the week? Here's a quick update on technicals, fundamentals and community trends. AUD

Special Anniversary Bonus at StartOptions

Posted: 18 Nov 2010 06:00 AM PST

For their anniversary, StartOptions are offering significant bonuses on new deposits. The trusted binary options provider is offering the following for a limited 7-day period. A $300 bonus on a $1000 deposit, $1100 for a $2500 deposit and a h

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