Archives for December 2012

FOREX PRO Weekly December 31- January 04, 2013

Monthly  On monthly chart market has closed slightly higher than on previous week, so it’s very difficult to add something to previous analysis – trend holds bullish , as well as price action. Market now stands slightly higher than former K- resistance area and 1.3150 level is an upper border of it. There are two moments to watch for on monthly chart, but both of them are rather extended … [Read more...]

Merry Christmas, a short trade post

A very short post from me, I know am kinda doing this very late, but here’s wishing you a very merry christmas trade from me and a happy new year come 2013. A lot of us need to take our forex trading  career to the next level and for me am going to challenge myself to be at the top come 2013 … [Read more...]

Insight daily report 12.12.12

Daily Report: Dollar Soft ahead of FOMC Dollar is soft against most major currencies, except yen, as markets are awaiting today's FOMC rate decision. We expect the Fed would announce expansion of the size of asset   purchases by US$45B at the December meeting so as the Operation Twist   expires by the end of the month. Fed officials would release updates of   their economic and policy projections … [Read more...]