Yesterday the Unemployment Rate came in at 5.2% when expectations were pointing to a slight nudge up. This small decrease from 5.3%, a pleasant surprise did little to influence our currency. At the time of the release of that figure the Aussie hovered around the 1.04 level against the US Dollar. Read More…
Category : Analysis, AUD, Forex, GBP, Opinion, Stock, Trends
When employing technical indicators, an analyst will access a host of useful tools to help them gauge a currency’s trends, particularly the trend’s strength and whether it will have long-term viability. Read More…
Category : Forex, Trends Tags : forex indicators, forex terminology
The Purchasing Managers Index (PMI), compiled mainly by the Institute for Supply Management in the U.S. but also by other, similar organisations elsewhere around the globe, is important for forex traders because it compares manufacturing and services industries across international borders. Read More…
Category : Currencies, Forex, Trends Tags : Forex, forex analysis, forex traders, forex trading, forex trading market
Picture a currency pair riding a good trend, up or down. Picture it running into a strong, historical resistance or support level, and pausing there. Now try to imagine what happens next. Read More…
Category : Charts, Forex, Patterns, Trends Tags : Forex, forex analysis, forex charts, forex traders, forex trading, Technical Analysis
After the real estate bubble collapsed across a number of economies leading into and during the global financial crisis, housing prices have begun commanding more attention from forex traders. Read More…
Category : Forex, Trends Tags : forex traders, forex trading, forex trading market
