Forex Trading: Euros trying to get more firm... Euros trying to get some foothold before it collapses, as it keeps the 75 level. Go to Full Article

Forex Trading: Sterling getting a slight bounce after data sell off: Sterling trying to get a bounce out of the 60's as it goes 90 paid. Go to Full Article

Forex Trading News: EUR And GBP PMI Released The EUR Services PMI number comes out at 51.6 from the previous 51.7. This number was forecast for no change at 51.7. The GBP Services PMI number comes out at 52.1 from the previous 54.0. This number was forecast at 53.3. ... Go to Full Article

Forex Trading: USD/JPY near resistance on a highly contested level... USD/JPY near resistance on a highly contested level. 80's are a tough battle for the pair and it has resistance @ 95. If it can get through there, we could see it off to the races. Go to Full Article

Bernanke Finally Admits US Economy Could Be Shrinking Fed chairman Bernanke gave a pessimistic but frank outlook of the US economy before the congressional Joint Economic Committee on Wednesday. For the first time ever, he acknowledged that the US could be undergoing a slight recession at ... ...

Daily Market Commentary - GCI Financial EURO. The euro gained marginal ground vis-Ã*-vis the US dollar today as the single currency tested offers around the US$ 1.5675 level and was supported around the $1.5530 level. Technically, today’s intraday low was just below the 23.6% ... Go to...

Forex Trading: Sterling Delayed in its long term offer... Sterling seems like it will continued to be delayed in its offer, as its cross (GBP/JPY) keeps it up here in these neighborhoods. Should the market decide later that it does not like GBP/JPY, it appears that the Sterling component ... ...

Forex Trading News: EUR Troubles?? As the EUR slides away from all time highs vs the USD and fell from five week highs vs the JPY, there is speculation that the currency may descend even more. Coming off the assumption that European consumers may/have curb spending, ... Go to Full Article

Forex Video News: Economic Releases for Thursday April 3rd 2008 by ... Forex Video News: Economic Releases for Thursday April 3rd 2008 by FXDD. Go to Full Article

Daily Market Analysis - ForexPros - 02/04/08 Today’s US Dollar Trading • USD rallies hard on stops and new buying • ISM data better than expected. Overnight Preview. • Follow-through likely but two-way action could result • Big day for GBP Wednesday. Looking Ahead ... Go to...

The Greenback rallied further against Yen, limited against EURO ... Thu, 03th of April, 2008. By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook EURUSD yesterday’s low at 1.5532 after broke the 1.5560 support area should give us more downside correction. But the pair closed at...

Forex:USD/JPY might have some more room on the upside We see USD/JPY test the 23.6% retracement level and pulled up 120 pips with a high around 102.80. As we can see in today’s chart. It might retest the 102.80 - 103.00 lvl in these next few days and might have a possibility of trying for...

Bernanke Testimony Sinks The Dollar Before NFP Lull The tentative dollar rebound from Tuesday was stalled today by an ominous forecast for the economy from Fed Chairman Bernanke during his testimony before... Go to Full Article

DailyFX Forex Radio - Bernanke’s Forecast For A Recession Weighs ... Listen to our Evening DailyFX Forex Radio PodCast:. http://media.dailyfx.com/podcasts/FXRadioPM040208.mp3 Key Points. · Bernanke testimony calls for rising unemployment, deeper housing slump and a recession; are market...

Start at the top and work your way down. One of the important points we teach in the FXCM Power Courses is to trade in the direction of the trend on the daily chart. We recommend only trading the strongest trends as that is where you are likely to find the best trading ... Go to Full...