Forex Market View for September 1, 2014

Forex Market View for September 1, 2014 Aussie Q2 balance of payments data and net exports contribution to GDP, expected at -0.7% vs. +1.4% in Q1. That’s the warm-up for building approvals (seen +1.9% MoM, +7.8% YoY) and then the RBA decision. Q2 capital expenditure grew a better than expected 1.1% q/q, suggesting that Australia… Read More »

Moving Averages In Forex Trading

  As far as technical indicators go one of the most popular ones used in Forex Trading is the moving average. Its popularity is in part due to the fact that it is simpler than most other technical indicators. But it is also due to the fact that it can be an effective indicator for… Read More »

Trading Forex With Bollinger Bands

Forex traders have a wide variety of technical indicators to choose from. One of the indicators that has become trusted and used by many Forex traders are Bollinger Bands.  Bollinger bands were a technical indicator that was developed by John Bollinger in the early 1980s. Bollinger bands basically tell us the high and low of… Read More »

Forex Market View for August, 29 2014

Forex Market View for August, 29 2014   AUD/NZD is trading at 1.1181 daily high at 1.1186 and low at 1.1154. AUD/NZD spiked on the poor data in respect of New Zealand business confidence. NZD/USD is trading at 0.8365, down -0.20% on the day, having posted a daily high at 0.8386 and low at 0.8365.… Read More »

Forex Market Summary for August 27, 2014

Forex Market Summary for August 27, 2014  EUR/USD EUR/USD has been building up to 1.32 on the US dollar profit taking. Currently the price is capped at the 20 SMA which is 1.3195. Any major move in the pair maybe unlikely until more inflation data which is scheduled to be released on Friday.   NZD/USD The… Read More »

Forex Trading Platforms Explained

  For those looking to trade the world’s largest market the selection of the right forex trading platform can be critical. Most Forex brokers will offer more than one option when it comes to using a Forex Trading platform. Many brokers offer a web-based or in-house solution as one of the primary platforms that they… Read More »

Understanding Forex Liquidity Aggregation

Forex liquidity aggregation has been a topic of much discussion among Forex traders. Forex trader’s especially professionals are constantly seeking best execution and the optimal trading environment. Forex liquidity aggregation refers to when multiple liquidity providers are combined to form one price which is in then turn displayed on the trader’s terminal. The need for… Read More »

Forex Market View for August 26.2014

Forex Market View for August 26.2014 EUR/USD posted a new 1-year low at 1.3177 but the decline was temporary, as bids were found to send the rate back towards 1.32 whole number. AUD/USD was pressured to set a session low of 0.9270 before retesting 0.93. NZD/USD touched its lowest at 0.8311 before a recovery sent… Read More »