Made Easy Forex

Forex: GBP/USD gaining downside momentum, hits 1.5250 low
FXstreet.com (Barcelona) – Pound’s retreat from Thursday’s high at 1.5470 is extending lower ahead of Wall Street as the pair, rejected at 1.5350 on early European session has extended to fresh session lows at 1.5250.
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Copyright (c) 2008 Orlando Thompson
This Article will outline the technical analysis and fundamental analysis used by professional forex traders to land huge profits in forex trading. This Article provides insight into the two major methods of analysis used to forecast the behavior of the forex market.
Technical analysis and fundamental analysis differ greatly, but both can be useful forecasting tools for the forex trader. They have the same goal – to predict a price or movement. The technician studies the effects, while the fundamentalist studies the cause of the forex market …

Forex: CAD/JPY holding above 82.00
FXstreet.com (Barcelona) – Paring gains made over the last week and a half, the CAD/JPY currently holds steady above 82.00 where it’s seemingly found firm support after falling off late last week. At the time of writing, the pair trades at 82.28 where it is 0.18% higher since open.
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Price charts can be simple line graphs, bar graphs or even candlestick graphs. These are graphs that show prices during specified time frames. These time frames can be anywhere from minutes to years or any time interval in between.
Line charts are the easiest to read, they will show you the broad overview of price movement. They only show the closing price for the specified interval, they make it very easy to pick out patterns and trends but do not provide the fine detail of a bar or candlestick …

Forex: EUR/USD pulls back below 1.2900 as sentiment deteriorates
FXstreet.com (Barcelona) – Recovery from 1.1870 low on early June, reached a fresh two-months high, above 1.3000 on Friday, although the pair suffered on weak US data and pulled back to 1.2900 area on Monday’s Asian session, to hit session lows at 1.2880 ahead of Frankfurt opening.
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Forex: USD/JPY still heading south
FXstreet.com (Buenos Aires) – USD/JPY Current Price: 86.55. Holding close to the year low set past Friday around 86.25, pair hold a strong bearish tone, mostly due to market sentiment; hourly chart show 20 SMA holding a bearish slope acting as dynamic resistance, while 4 hours one show indicators mostly flat, with no clear bias coming from there.
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It is becoming increasingly easier to pick a winner in the Forex market – and when I mean easier I mean, short the US Dollar.
The US Dollar dropped to its lowest point in a year against a basket of currencies on Tuesday after broad gains stocks brought a return of risk appetite.  Trading volume was markedly higher as investors returned from their vacations and began to assess the happenings of recent weeks.
The Dollars fall was also sparked by the rise in commodity prices such as gold which traded above $1000 …

Forex Weekly Trading Forecast – 07.19.10
US Dollar Struggles to Keep its Safe Haven Roots as Fundamentals Dim Euro Strength at Risk Ahead of Stress Tests, Dow Jones Reversal Japanese Yen May Strengthen Further As Risk Sentiment Falters British Pound Looks to Improved Demand and Growth for Support Canadian Dollar Looks to BoC Rate Decision, Inflation for Next Moves Australian Dollar Momentum Turns Down, Risks of Further Declines New …
Read more on Daily FX via Yahoo! Finance