These 2 weeks, I started manual trade instead of using forex robot. I would very like to use forex robot but I didn't find any profitable forex robot. Some forex robots give me huge confidence but later discourage me.
It is time back to basics. I started to do revision on forex technical analysis. At the same time I also trade on forex using the techniques I learned.
At here, I would like to
Showing posts with label forex analysis. Show all posts
Showing posts with label forex analysis. Show all posts
Tuesday, July 27, 2010
Sunday, July 25, 2010
FOREXYARD Daily forex analysis on 26 July 2010
Headlines
Bank Stress Tests Fail Support the Euro Due To Questionable Reliability
After a long time waiting, the Euro-Zone's famous Bank Stress Tests results were finally published on Friday evening. The results failed to reassure investors regarding the stability of the European banking system as analysts claimed that the test weren't strict enough. As this week begins, the reliability of the
Bank Stress Tests Fail Support the Euro Due To Questionable Reliability
After a long time waiting, the Euro-Zone's famous Bank Stress Tests results were finally published on Friday evening. The results failed to reassure investors regarding the stability of the European banking system as analysts claimed that the test weren't strict enough. As this week begins, the reliability of the
Monday, July 19, 2010
FOREXYARD Daily forex analysis on 19 July 2010
Headlines
Dollar Declines to 2010 Low Against Yen
The U.S currency dropped to its weakest level in 2010 against the Japanese Yen as signs the U.S. economic recovery is losing momentum supported speculation that the Federal Reserve will keep borrowing costs low for the rest of the year. The USD also declined versus the EUR for the first time since May as a gauge of U.S. consumer confidence
Dollar Declines to 2010 Low Against Yen
The U.S currency dropped to its weakest level in 2010 against the Japanese Yen as signs the U.S. economic recovery is losing momentum supported speculation that the Federal Reserve will keep borrowing costs low for the rest of the year. The USD also declined versus the EUR for the first time since May as a gauge of U.S. consumer confidence
Thursday, July 8, 2010
FOREXYARD Daily forex analysis on 8 July 2010
Headlines
* Euro Reaches 7-week High Against USD
EUR/USD has remained at or near its 7-week high throughout overnight trading, as investor confidence in the 16-nation currency continues to rise. Currently trading around the 1.2665 level, the pair's next major resistance line is around 1.2676. Should the pair break this level, it could see further gains throughout the day today.
Economic News
* Euro Reaches 7-week High Against USD
EUR/USD has remained at or near its 7-week high throughout overnight trading, as investor confidence in the 16-nation currency continues to rise. Currently trading around the 1.2665 level, the pair's next major resistance line is around 1.2676. Should the pair break this level, it could see further gains throughout the day today.
Economic News
Tuesday, July 6, 2010
FOREXYARD Daily forex analysis on 6 July 2010
Headlines
Volatility Expected in First Day Back Following Long Weekend
The EUR dropped some of its gains against the dollar and the yen in thin trading as U.S. markets were closed yesterday. A lack of high impact data on the economic calendar kept currencies in a tight range. However, this should change today with influential economic data expected to be released from the U.S. and European
Volatility Expected in First Day Back Following Long Weekend
The EUR dropped some of its gains against the dollar and the yen in thin trading as U.S. markets were closed yesterday. A lack of high impact data on the economic calendar kept currencies in a tight range. However, this should change today with influential economic data expected to be released from the U.S. and European
Friday, July 2, 2010
FOREXYARD Daily forex analysis on 2 July 2010
Headlines
* Markets Await the Release of Non Farm Data
Today's release of the Non Farm Employment Data, which is due to be announced at 12:30 GMT, follows a week of negative economic data which raised concerns that the U.S economic recovery is stagnating. It is expected that payrolls fell by 100K in May, which if true, would likely put further pressure on the USD.
Economic News
USD
USD
* Markets Await the Release of Non Farm Data
Today's release of the Non Farm Employment Data, which is due to be announced at 12:30 GMT, follows a week of negative economic data which raised concerns that the U.S economic recovery is stagnating. It is expected that payrolls fell by 100K in May, which if true, would likely put further pressure on the USD.
Economic News
USD
USD
Thursday, July 1, 2010
FOREXYARD Daily forex analysis on 1 July 2010
Headlines
* EUR/USD Spikes after European Banks Appear Stronger than Expected
The EUR/USD pair took off during yesterday's trading session. The rally was supported by low demand for loans offered by the ECB to European banks. Investors realized European banks might be in better financial conditions than previously thought and responded by buying the euro while selling other currencies. However,
* EUR/USD Spikes after European Banks Appear Stronger than Expected
The EUR/USD pair took off during yesterday's trading session. The rally was supported by low demand for loans offered by the ECB to European banks. Investors realized European banks might be in better financial conditions than previously thought and responded by buying the euro while selling other currencies. However,
Monday, June 28, 2010
FOREXYARD Daily forex analysis on 28 June 2010
Headlines
* U.S. Non-Farm Payrolls Week Begins
After a relatively calm trading week, an extremely volatile session is expected starting today. Last week, the Dollar fell against most of the majors as poor housing data weakened the greenback; however this could all change following the U.S. employment data which is expected on Friday. Traders are also advised to follow the ADP forecast which is
* U.S. Non-Farm Payrolls Week Begins
After a relatively calm trading week, an extremely volatile session is expected starting today. Last week, the Dollar fell against most of the majors as poor housing data weakened the greenback; however this could all change following the U.S. employment data which is expected on Friday. Traders are also advised to follow the ADP forecast which is
Thursday, June 24, 2010
FOREXYARD Daily forex analysis on 25 June 2010
Headlines
Dollar Advances on Riskier Currencies Following Fed Statement
The U.S. dollar traded well against riskier currencies like the AUD and loonie in overnight trading, but at the same time, took some losses on currencies like the yen and euro. Investors are trying to digest the most recent Fed statement and how it reflects the current state of the global economic recovery. Traders can
Dollar Advances on Riskier Currencies Following Fed Statement
The U.S. dollar traded well against riskier currencies like the AUD and loonie in overnight trading, but at the same time, took some losses on currencies like the yen and euro. Investors are trying to digest the most recent Fed statement and how it reflects the current state of the global economic recovery. Traders can
FOREXYARD Daily forex analysis on 24 June 2010
Headlines
Dollar Weakens as Fed Leaves Rates at Record Low
The Dollar weakened on all fronts yesterday as the Fed kept rates lower than 0.25%. Today, another volatile trading session is expected as the U.S. Core Durable Goods Orders and the weekly Unemployment Claims are scheduled for 12:30 GMT. The end results are expected to be positive; will the Dollar erase its losses?
Economic News
Dollar Weakens as Fed Leaves Rates at Record Low
The Dollar weakened on all fronts yesterday as the Fed kept rates lower than 0.25%. Today, another volatile trading session is expected as the U.S. Core Durable Goods Orders and the weekly Unemployment Claims are scheduled for 12:30 GMT. The end results are expected to be positive; will the Dollar erase its losses?
Economic News
Wednesday, June 23, 2010
FOREXYARD Daily forex analysis on 23 June 2010
Headlines
Dollar Gains as Attention Turns to Fed Rates Meeting
The US currency recovered some earlier gains against the EUR yesterday as stocks turned notably lower in afternoon trading, indicating to fx traders that investors' appetite for riskier assets has diminished. The main piece of US economic news during today's session will be the Federal Funds Rate decision. At the end of their 2-day
Dollar Gains as Attention Turns to Fed Rates Meeting
The US currency recovered some earlier gains against the EUR yesterday as stocks turned notably lower in afternoon trading, indicating to fx traders that investors' appetite for riskier assets has diminished. The main piece of US economic news during today's session will be the Federal Funds Rate decision. At the end of their 2-day
Tuesday, June 22, 2010
FOREXYARD Daily forex analysis on 22 June 2010
Headlines
EUR/USD Nears $1.2500, but Declined Sharply Thereafter
The EUR/USD pair almost touched $1.2500 during yesterday's trading session, but declined sharply thereafter, following a rating downgrade. Fitch Ratings' downgraded French banking giant BNP Paribas from AA to AA-. The move increased analysts' concerns about the economy after the day passed with almost no major news events.
EUR/USD Nears $1.2500, but Declined Sharply Thereafter
The EUR/USD pair almost touched $1.2500 during yesterday's trading session, but declined sharply thereafter, following a rating downgrade. Fitch Ratings' downgraded French banking giant BNP Paribas from AA to AA-. The move increased analysts' concerns about the economy after the day passed with almost no major news events.
Wednesday, June 16, 2010
FOREXYARD Daily forex analysis on 16 June 2010
Headlines
Euro Continues To Strengthen Against the Dollar as Risk Appetite Grows
After several weeks in which the Dollar appreciated repeatedly against the Euro, the Euro is showing its first signs of recovery. The rising risk appetite in the market is the main reason for the strengthening Euro, but will it continue?
Economic News
USD
Dollar Weakens As Risk Appetite Soars
The Dollar tumbled
Euro Continues To Strengthen Against the Dollar as Risk Appetite Grows
After several weeks in which the Dollar appreciated repeatedly against the Euro, the Euro is showing its first signs of recovery. The rising risk appetite in the market is the main reason for the strengthening Euro, but will it continue?
Economic News
USD
Dollar Weakens As Risk Appetite Soars
The Dollar tumbled
Monday, June 14, 2010
FOREXYARD Daily forex analysis on 15 June 2010
Headlines
Dollar Tumbles as Investors Turn to Riskier Assets
The Dollar slid against its major currency counterparts following a rally in global equity markets. The rally prompted investors to turn to higher yielding riskier assets and away from the USD. With recent market optimism, traders may continue to see a small downward trend in the U.S. Dollar as its positions are unwound in exchange for
Dollar Tumbles as Investors Turn to Riskier Assets
The Dollar slid against its major currency counterparts following a rally in global equity markets. The rally prompted investors to turn to higher yielding riskier assets and away from the USD. With recent market optimism, traders may continue to see a small downward trend in the U.S. Dollar as its positions are unwound in exchange for
FOREXYARD Daily forex analysis on 14 June 2010
Headlines
Dollar Dives on Short-Covering and BIS Report
The US dollar appears to have lost modest ground against its primary currency rivals during short-covering at the end of last week's trading. The Bank for International Settlements (BIS) released a statement on Sunday declaring that while European banks have lowered their reliance on dollar-based assets, there is still a strong need to
Dollar Dives on Short-Covering and BIS Report
The US dollar appears to have lost modest ground against its primary currency rivals during short-covering at the end of last week's trading. The Bank for International Settlements (BIS) released a statement on Sunday declaring that while European banks have lowered their reliance on dollar-based assets, there is still a strong need to
Wednesday, June 9, 2010
FOREXYARD Daily forex analysis on 10 June 2010
Headlines Euro Reverses Slight Gains Made Yesterday
After a receiving a slight boost following comments from Fed chairman Bernanke yesterday, the Euro largely reversed its gains in overnight trading versus the U.S. Dollar and Yen. Investors appear to be waiting on news from a meeting today at the European Central Bank as to whether more help will be provided to debt ridden Euro-zone countries.
After a receiving a slight boost following comments from Fed chairman Bernanke yesterday, the Euro largely reversed its gains in overnight trading versus the U.S. Dollar and Yen. Investors appear to be waiting on news from a meeting today at the European Central Bank as to whether more help will be provided to debt ridden Euro-zone countries.
FOREXYARD Daily forex analysis on 9 June 2010
Headlines
The EUR Pares Gains Following Swiss Franc Rally
The U.S dollar recovered versus the EUR on Wednesday after a swift move lower by the Swiss franc against both currencies. The EUR reversed its earlier gains as European shares fell, with concerns that Euro Zone debt problems would stifle the region's economic growth, keeping investors averse to risky assets.
Economic News
USD
Dollar
The EUR Pares Gains Following Swiss Franc Rally
The U.S dollar recovered versus the EUR on Wednesday after a swift move lower by the Swiss franc against both currencies. The EUR reversed its earlier gains as European shares fell, with concerns that Euro Zone debt problems would stifle the region's economic growth, keeping investors averse to risky assets.
Economic News
USD
Dollar
Monday, June 7, 2010
FOREXYARD Daily forex analysis on 8 June 2010
Headlines
EUR Comes off of Last Week's Lows Versus the Majors
The EUR pairs rose from Friday's lows, particularly against the US Dollar and Japanese Yen, despite the continued slide in global equities. The EUR/USD finished the day higher despite a trading day that was influenced by reduced risk taking. Global equities were lower across the board with the DAX down 0.57% and the S&P 500 lower by
EUR Comes off of Last Week's Lows Versus the Majors
The EUR pairs rose from Friday's lows, particularly against the US Dollar and Japanese Yen, despite the continued slide in global equities. The EUR/USD finished the day higher despite a trading day that was influenced by reduced risk taking. Global equities were lower across the board with the DAX down 0.57% and the S&P 500 lower by
Sunday, June 6, 2010
FOREXYARD Daily forex analysis on 7 June 2010
Headlines
The Euro Sees 9-Year Low Vs. The Yen
Following the U.S. Non-Farm Payrolls publication on Friday, the Dollar and the Yen resumed their bullish trend. As a result, the Euro saw a 9-year low against the Yen, as the EUR/JPY pair dropped to the 108.06 level. This week's trading will continue to be influenced by the European debt crisis that doesn't provide signals of recovery. Can the Euro
The Euro Sees 9-Year Low Vs. The Yen
Following the U.S. Non-Farm Payrolls publication on Friday, the Dollar and the Yen resumed their bullish trend. As a result, the Euro saw a 9-year low against the Yen, as the EUR/JPY pair dropped to the 108.06 level. This week's trading will continue to be influenced by the European debt crisis that doesn't provide signals of recovery. Can the Euro
Tuesday, June 1, 2010
FOREXYARD Daily forex analysis on 1 June 2010
Headlines
Dollar Awaiting Release of U.S. Manufacturing PMI
Today's U.S. Manufacturing PMI data release is set to dominate trading between the Dollar and its major currency pairs. A number of other factors are also likely to impact the forex market today, such as the German Unemployment Change and Canadian Overnight Rate at 7:55 GMT and 13:00 GMT respectively. Traders may find good opportunities
Dollar Awaiting Release of U.S. Manufacturing PMI
Today's U.S. Manufacturing PMI data release is set to dominate trading between the Dollar and its major currency pairs. A number of other factors are also likely to impact the forex market today, such as the German Unemployment Change and Canadian Overnight Rate at 7:55 GMT and 13:00 GMT respectively. Traders may find good opportunities
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