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ForexPros Daily Analysis April 13, 2010


Fundamental Analysis: Fed Chairman Bernanke Testifies

Traders of the US anticipate the testimony by Ben Bernanke, US Federal Reserve Chairman. He will be testifying in Washington DC, regarding America's economic outlook and financial markets.
His comments may determine a short-term positive or negative trend.

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Euro Dollar

The Euro retreated from the post-gap top, and filled more than a third of the gap. This normal retreat after the sharp rise from 1.3281 has not done any harm for the technical outlook, since the price is still above the broken line with a comfortable margin. But the fragile consolidation above ...

ForexPros Daily Analysis March 9, 2010

Fundamental Analysis: JPY - GDP (QoQ)

Traders anticipate the publication of the Gross Domestic Product (GDP). It is the broadest measure of economic activity and is a key indicator for the economy's health. The quarterly percent changes in GDP shows the growth rate of the economy as a whole.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY. Analysts predict a reading of 1.00%.

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Euro Dollar

The slightly surpassed 1.37, but only to retreat right after. We believe that the most important thing that happened in ...

ForexPros Daily Analysis January 20, 2010


Free webinar on ForexPros - Identifying Low Risk, High Reward, and High Probability Trading Opportunities For Short Term Forex Traders

Expert: Sam Seiden
When: Thursday, Jan 21, 2010, 11:00 EST

During this session, we will apply what we learned during session one to the world of active short term trading in the Forex markets. We will walk through the trade selction process, applying our rule based strategy to identify price levels where demand and supply are out of balance and where profit margins are large offering us significant risk/reward opportunities.
This webinar is the second of a three part series brought to you by Online Trading ...

ForexPros Daily Analysis January 19, 2010


Free webinar on ForexPros - Identifying Low Risk, High Reward, and High Probability Trading Opportunities For Short Term Forex Traders

Expert: Sam Seiden
When: Thursday, Jan 21, 2010, 11:00 EST

During this session, we will apply what we learned during session one to the world of active short term trading in the Forex markets. We will walk through the trade selection process, applying our rule based strategy to identify price levels where demand and supply are out of balance and where profit margins are large offering us significant risk/reward opportunities.
This webinar is the second of a three part series brought to you by Online Trading ...