Posts tagged ‘currency’

forex fundamental analysisIreland to Accept Aid This week forex market developments continued to be heavily influenced by the discussions about a bail-out for Ireland. Interestingly, this time round, it was the European institutions – particularly the EU The fundamental environment remains favourable. We are expecting most economic data from the US to be positive: GDP growth in the third quarter will probably be revised up slightly from 2% quarter-on-quarter annualised to around 2.4%. continue here…

forex technical analysisForex technical analysis plays a key role in determining in which direction a currency pair is likely to move. Most traders rely on this approach to the markets.

forex fundamental analysisTo become a successful Forex trader you need to understand how to analyze the market. Market analysis in situation of Forex Trading is usually wrapped up in two diverse ways. These are Fundamental Analysis and Technical Analysis. continue here…