Foreign Currency Trading

Forex News and Information

Support and Resistance Placement

Posted by Forex Legend February - 27 - 2010 - Saturday ADD COMMENTS
This educational Forex video demonstrates a process of placement of the support and resistance levels on daily, H4 and H1 charts. The proper placement of the support and resistance allows a precise prediction of the breakout and bounce levels. Posted on Forex Video Zone. Go to Source

Burger King: Perfect Example of Current Inflation Pressures

Posted by Forex Legend February - 20 - 2010 - Saturday ADD COMMENTS
Burger King’s decision this week to raise the price of a double cheeseburger from $1 to $1.19 and to remove one slice of cheese from the double cheeseburger on its dollar menu (they now call it the BK Dollar Double) is a perfect example of the dilemma that major U.S. corporations are dealing with in the current economic environment. Their costs are going up on the producer level because of higher commodity prices and in a healthy economy, Burger King would have simply raised the price of the burger. However with demand weak, they are forced to cut their offering by giving you only 1 instead of 2 slices of cheese if you order from the dollar menu. For ...

EUR/USD Technical Analysis — February 19th 2010

Posted by Forex Legend February - 20 - 2010 - Saturday ADD COMMENTS
This short Forex video offers a simple technical analysis of the EUR/USD currency pair ahead of the European and U.S. trading sessions. Posted on Forex Video Zone. Go to Source

Is the Euro’s Gains Sustainable?

Posted by Forex Legend February - 18 - 2010 - Thursday ADD COMMENTS
I was on CNCB last night talking about whether the euro’s gains are sustainable:
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European Trading Session Preview — February 18th 2010

Posted by Forex Legend February - 18 - 2010 - Thursday ADD COMMENTS
This video preview of the European Forex trading session covers the AUD/USD and GBP/USD pairs, analyzing them with the help of the Fibonacci retracement levels and the general price action. Posted on Forex Video Zone. Go to Source

AUD/USD Technical Analysis — February 16th 2010

Posted by Forex Legend February - 16 - 2010 - Tuesday ADD COMMENTS
Trendline and channel-based technical analysis of the AUD/USD currency pair. Watch this video to see that the pair continues to trade inside the channel and may post next bullish wave soon. Posted on Forex Video Zone. Go to Source

Daily Currency Outlook — Feburary 12th 2010

Posted by Forex Legend February - 12 - 2010 - Friday ADD COMMENTS
This free Forex video presents a technical and fundamental analysis of the major currency pairs, focusing on the EUR/USD pair. The dollar continues to benefit from the uncertainty around the situation with Greece in Eurozone. From the technical point of view the breakout through the support level to the new lows is possible. Posted on Forex Video Zone. Go to Source

GFT Currency Trading Challenge

Posted by Forex Legend February - 10 - 2010 - Wednesday ADD COMMENTS
My bosses here at GFT want me to talk about our Currency Trading Challenge Here are all the details - the prize is VERY lucrative. Up to USD$100,000! GFT Currency Trading Challenge Go to Source

EUR/USD Technical Analysis — February 10th 2010

Posted by Forex Legend February - 10 - 2010 - Wednesday ADD COMMENTS
This technical analysis video presents an overview of the current correction in EUR/USD using the support and resistance levels and the channels. Posted on Forex Video Zone. Go to Source

Daily Currency Outlook — February 8th 2010

Posted by Forex Legend February - 8 - 2010 - Monday ADD COMMENTS
This video analysis presents a detailed look at EUR/USD and some other major currency pairs ahead of today’s trading session on Forex. Based on both fundamental and technical factors, it presents a good preview for trading. Posted on Forex Video Zone. Go to Source