www.informedtrades.com A lesson on how the trade flows between different countries affect the value of their currencies for active traders and investors in the forex market.
The US dollar firmed as an already steep Treasury yield curve got even steeper during today’s New York session. The greenback’s rally lifted the USD/CAD currency pair after it bounced at a 3-week trendline, Fibonacci retracement level, and daily S3 pivot point. The USD/CAD long trade yielded 70 pips before today’s London close.
Free Forex Training: Analysis 4th April 2011
Free Forex Training: Last week, Marc’s analysis made more than 400 pips. Learn to trade like Marc at www.forex-fxtrader.com
www.forexstrategysecrets.com Learning to trade in the direction of a major trend is key to successful trading. Use a larger time frame to find the trend then use a smaller time frame to time your entry.
G-20 Agrees to Refrain from Competitive Devaluations. USD resumes decline
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