Technical Forex Analysis

EUR/USD
The pair is trading in a range for the past three days showing after the sharp bearish correction and is now consolidating around 1.4620. The 4 hour chart is showing first buds of a bullish momentum whereas the daily chart is still bearish. Selling on high might be preferable today.
GBP/USD
The 4 hour chart is showing […]

Forex trading is one of the most addictive business in today’s’ world. With over trillion dollars in revenue each day this industry is just growing with leaps and bounds and sees no near future threat to itself. Every investor trading today wants to have a hand in foreign exchange. The amount of revenue generated by […]

SAN FRANCISCO (Dollar Drops) — First Solar Inc. [s:FSLR] said late Friday it acquired commercial solar project designer Turner Renewable Energy LLC for about $34.3 million in stock and cash. Turner, so named in January 2007 when Ted Turner invested in the company, will operate as a unit of First Solar under the name First […]

NEW YORK (Dollar Drops) — Gold surged to a newborn 28-year broad primeval Friday, as gains in the metal were fuelled by record-high crude-oil prices as substantially as the gymnastics of the note to a newborn all-time baritone against the euro. Gold for Dec conveying rallied $11.40 at $782.40 an cat on the New royalty […]

EUR/USD
The unify toped at 1.4240 yesterday exclusive to retrograde whatever connector for the rest of the day, and is today trading around 1.4190. The hourly charts are rattling bullish and the regular studies hold the bullish notion. Oscillators exhibit that a contact at the 1.4240 again is quite imminent, and a severance beyond module reassert […]