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Tweet By: Johnathon FoxQuick article today is will cover 2 signs of reversal of very simple price action any trader can learn and start spotting today. These two signals are not complicated and even the newest of marketers will be able to begin to detect them in all of your graphics.Reversal bar pinI have covered [...]

Tweet This week has been relatively quiet in terms of news, although some important macroeconomic reports were released. Meanwhile, the dollar was up against other most actively traded currencies, and the dollar index rose to the highest level in almost three years.As expected, the dollar managed to rally despite potential obstacles. The main driver of [...]

Tweet The Taiwan dollar gained today on signs that assets were attractive nation for foreign investors, leading to the entry of foreign resources, and how politicians were planning to review taxes on capital gains.Speculators bought $ $996 million more Taiwanese shares than they sold up to the end of the week, and net purchases of [...]

Tweet By: DailyForex.comThe genesis of the European Union can be traced back to the post-war period, when six Nations formed the European coal and Steel Community. Part of the European project has always been political – to the extent that it sought to ensure that there would never be another European war with the suffering [...]

Tweet By: DailyForex.comOne of the first things that I would say about using MetaTrader 4 indicators is that it is very easy to get inundated with hundreds of potential indicators as there is what appears to be an almost unlimited amount of them out there. The other thing that I would like to say first [...]

Tweet By: DailyForex.comAt the end of trading last week, all major world markets again finished top. In Europe throughout the week, the FTSE rose 1.5%, closed at 6723.1; the Dax finished 8398, 1.4% growth throughout the week; the CAC was up 1.2% to finish the session at 4001.3.The Dow ended the week higher, rising from [...]

Tweet The Canadian dollar fell today, touching the lowest level since March against his pair in the USA, as inflation slowed down last month, decreasing the likelihood of an increase in interest rates of the Bank of Canada.The consumer price index rose 0.4% in April from a year ago. It was the slowest growth since [...]

Tweet The Japanese Yen gained today as politicians were concerned that the excessive fall of the currency may not be beneficial for the country and can actually harm the economy.Japanese economy Minister Akira Amari said that “excessive Yen gains were corrected too”. He expressed concern that more depreciation may have negative impact on Japanese consumers. [...]

Tweet By: DailyForex.comThe Japanese Yen edged higher and moved away from a recently struck 4½ year trough versus its main rival the U.S. Dollar following comments made by the country’s economy minister who hinted at the government’s possible satisfaction wit the Yen’s current price level. The concern of the Japanese government has been two-fold; to [...]

Tweet By: DailyForex.comDuring the Asian trading session the U.S. Dollar Index slipped off a 5-week peak as investors’ profit taking sent the greenback broadly lower ahead of inflation and other key economic data which are likely to be the impetus for a change in the Fed’s monetary policy. As reported at 10:20 a.m. (JST) in [...]