Community Blog
USD/JPY making another shot at 110
USD/JPY was deflected by the strong resistance area 110 - 110.5 (February high, 200 DMA, 50 WMA) last week, after briefly trading above the big figure. There was enough demand in the 108.5 - 109 area (100 DMA) and with Iran risk out of the way, the pair can now make another shot at the resistance. U.S. PPI (today) and CPI (tomorrow) inflation reports could provide some fuel for the rally.
Forex Trading fundamental challenges in Iran.
Forex Trading fundamental challenges in Iran. Dear Friends,
The forgiveness of this article is written in Persian, but the necessity of this issue in Iran is serious.
Please translate and read it and comment on it, hereby Support Forex traders in Iran .
Hoping for better days
thanks چالش های بنیادی در تحلیل بازار سهام واستفاده از آن در ایران بدیهی است عمده ترین اهداف علم اقتصاد ، به درستی ، بررسی آنچه در گذشته در مناسبات مالی رخ داده است ، توجیه و تبیین آنچه در حال رخ دادن است و د…
The forgiveness of this article is written in Persian, but the necessity of this issue in Iran is serious.
Please translate and read it and comment on it, hereby Support Forex traders in Iran .
Hoping for better days
thanks چالش های بنیادی در تحلیل بازار سهام واستفاده از آن در ایران بدیهی است عمده ترین اهداف علم اقتصاد ، به درستی ، بررسی آنچه در گذشته در مناسبات مالی رخ داده است ، توجیه و تبیین آنچه در حال رخ دادن است و د…
Loonie setting up for a break to new highs
Iran and the negotiators from the global powers have reached a nuclear agreement. That could see an easing of sanctions against Tehran and a gradual increase in its oil exports in the weeks ahead.
Loonie rallied in response and is currently testing seven-month range top between 1.2800 and 1.2835. If it manages to break and hold above that, the next target would be 2009 high at 1.3064 and then 61.8% retracement of the 2001 to 2007 decline near 1.3470.
Loonie rallied in response and is currently testing seven-month range top between 1.2800 and 1.2835. If it manages to break and hold above that, the next target would be 2009 high at 1.3064 and then 61.8% retracement of the 2001 to 2007 decline near 1.3470.
What is Next for Syria?
I don’t want to be too negative, but the escalation of violence in Syria is one of the scariest things I have come across since the Bay of Pigs Invasion! If the Assad regime is confirmed as using chemical weapons in an attack on the population - which allegedly has killed around 1000 people – the political ramifications could be huge. President Obama has already said that such an attack would signify a crossing of `the red line` and this morning, France has insinuated that force may well be nee…