Made Easy Forex

Forex: USD/JPY weak, approaching 89.20/25 support zone
FXstreet.com (Barcelona) – The Dollar has gained downside momentum on Thursday, as the pair’s decline from 91.45 high on Monday, extended on European session to a fresh 4-week low at 89.30 so far, approaching 89.20/25 support zone.
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John Chen automated forex cash system is a Forex trading system consisting of 3 major automated trading software. These trading software help in boosting up a trader trading results.
These software reduce the time taken for forex analysis and trading. People who are fed up of analyzing forex charts for long periods of time can now benefit with this trading system.
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Forex: GBP/USD trades higher and reaches 1.5000 area
FXstreet.com (Barcelona) – The Pound has been trading higher over the last two days, and rebound from Tuesday’s low at 1.4685 extended, favoured by BoE minutes, to break past 1.4935 after the Fed statement, reaching a fresh 6-week high at 1.5000 during Asian session.
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Online Forex Glossary provided by Etoro.com
Ask (Offer) – the price of the offer, the price you buy for.
Bear – If someone has a negative view of a particular currency and believes that its price will decrease, they are said to be ‘bearish’ about that currency.
Bid (Demand) -the price of the demand, the price you sell for.
Bull – If someone has a positive view of a particular currency and believes that its price will increase, they are said to be ‘bullish’ about that currency.
ECB (The European Central Bank) – the main …

Forex: EUR/USD capped below 1.2300, still vulnerable
FXstreet.com (Barcelona) – Euro recovery was capped on Monday at 1.2465 high, and the pair has been pulling back during the current week, to find support at 1.2240/50, with upside attempts capped today at levels below 1.2300 area.
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Forex: GBP/USD back to 1.4935 high, boosted by BoE minutes
FXstreet.com (Barcelona) – The Pound has performed a sharp recovery during last sessions and from 1.4645 low Yesterday, the pair bounced above 1.4800 after UK budget report, and extended recovery on Wednesday fuelled by BoE minutes, to regain all the ground lost on Monday and return to 5-week high at 1.4935.
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When becoming a Forex trader you can definitely use great tools available to you, such as Forex charting. The charts produced by Forex analysis can give you great insight into different aspects of the market, including movements. By using charts in foreign exchange you can study the behavior of the market over a greater amount of time and analyze them and how they affect trading.
By using Forex charts you will be better informed as to certain patterns and trends. This advantage can help in not making rushed decisions, but …

Forex: AUD/USD finds support at 0.8670 and returns above 0.8700
FXstreet.com (Barcelona) – Australian Dollar’s retreat from 5-week high at 0.8860 on Monday, extended lower during Asian session and the pair bottomed at 0.8670 low ahead of the European opening to pick up to levels around 0.8730 on early European trade.
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