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Forex News

EUR-USD: Higher Levels Expected  1 Feb 2010, 9:41 pm

EUR/USD reached new lows on Friday around the 1.3850 support region, and we are still expecting a long reversal pattern built off a clear five-wave move down from a red wave IV top, which suggests that wave V should be finished soon.

Forex Trading Friday's Non Farms Payroll Report  8 Jan 2010, 8:34 am

Together, the non-farm payrolls report and unemployment rate report USUALLY generate heightened volatility, especially in forex.

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