British Pound At Risk, New Zealand Dollar Rebound To Be Short-Live
Monday, January 31st, 2011 Posted in Market Comments | Comments OffThe British Pound pared the string of losses from the previous week, with the exchange rate advancing to a high of 1.6028, while the New Zealand dollar lagged behind its major counterparts on Monday.
Forex Strategy Outlook: Volatility Likely, Fast-Moving Strategies Favored in Days Ahead
Monday, January 31st, 2011 Posted in Market Comments | Comments OffChoppy but volatile trading conditions suggest that fast-moving Breakout systems and slower-moving Range strategies may do well in what promises to be an exciting week of price action.
RSI Trading Strategy – Does it Work Best During Asia Trading Session?
Monday, January 31st, 2011 Posted in Market Comments | Comments OffIntraday forex market seasonality points to significantly different market conditions depending on trading session and time of day. How can we shift trading techniques to take advantage of such moves? This report looks at the simple Relative Strength Index (RSI) ...
EUR/USD: Trading the U.S. ISM Manufacturing Report
Monday, January 31st, 2011 Posted in Market Comments | Comments OffMarket participants expect manufacturing in the world’s largest economy to expand at a faster pace in January, and the rise in production could lead the U.S. dollar to recoup the losses from earlier this month as the outlook for future ...