The U.S. currency is heading to post the highest quarterly gains versus the euro as raising budget deficits among Eurozone members is producing a capital exodus from the region towards safer markets overseas, affecting also risk driven markets negatively.
Asia/Pacific markets are stronger late in Tokyo trade after a rollercoaster session in US markets. Yesterday was a testament to the sensitivity of the current news driven market environment. Comments made by EU officials pulled and pushed markets worldwide over concerns about the sovereign debt crisis in Europe. A rescue plan has been formulated, in [...]
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The Relative Strength Index (RSI) is one of the most popular Technical Indicators in oscillator charting methods. RSI is normally used to compare the currency strength and to predict currency price movements.
Parabolic SAR is a technical analysis method to predict entry and exit points in Forex Market. It’s widely used in Forex trading market because of its accuracy during trending period. Parabolic SAR is a [...]