Global Sports: Easy Forex Trading Signals Intraday Fx Report

Sunday, May 22, 2011

Easy Forex Trading Signals Intraday Fx Report

By Dilbert Caseman


The information that Bin Laden was in fact deceased, spurred markets higher yesterday. However, currently the world is anxious regarding Taliban and Al Qaeda retaliating as affiliates of the militant establishments have promised to execute. Interpol advised its practically two hundred member countries to be on "full alert" following the liquidation of the al-Qaeda director in Pakistan. The U.S. will not decrease its struggle against the group and will not cut back its endeavours to stop terrorism, Secretary of State Hillary Clinton said Monday.

In addition, much softer than anticipated data from New Zealand on Labor Costs and comparatively dovish and cautious statement from the Reserve Bank of Australia as they maintained the rate unchanged at 4.75% in the wee hours, put a top on the risk assets.

EUR/USD smart free accurate forex trading alerts: Patient bullish traders had a profitable day yesterday since the Bin Laden news allowed purchasing the dip to become very profitable. From this point there is still bullish sentiment ahead of Thursday's ECB rate announcement and traders are content playing the range. Only a break back through 1.4750 may generate a bearish signal and traders are pleased to be buyers except if that breaks.

GBP/USD daily professional forex trading signals: Leading into the BoE rate determination on Thursday it appears as if dejavu with last month as the GBP battles to generate new highs as investors prefer the EUR at this time. This being said, traders are content to obtain dips and remain long GBP given that 1.6600 support holds but a crack of 1.6590 could generate a significantly bearish signal.

USD/JPY reliable free fx signal: USD/JPY originally kicked higher on the Bin Laden announcement though the rally was stymied as the sellers emerged happy playing it on the short side given that 82.00 offers resistance. We open the Asian session upon critical support and traders nonetheless calling it lower as the JPY crosses (EUR/JPY and GBP/JPY) appear a little heavy also.




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