Forex: EUR/USD trading sub 1.2700 - NASDAQ Forex: EUR/USD trading sub 1.2700 - NASDAQ

Wednesday, June 20, 2012

Forex: EUR/USD trading sub 1.2700 - NASDAQ

Forex: EUR/USD trading sub 1.2700 - NASDAQ

FXstreet.com (Barcelona) - The bloc currency is hovering over the 1.2680 region on Wednesday, retracing yesterday's gains after climbing as high as the 1.2730 area.
Recall that after the Greek elections Sunday, the euro has opened with substantial gains, just to dip to the 1.2560 zone soon afterwards.

In the data front, industrial order/sales are only due in the euro zone. Across the pond, the FOMC will give its statement after the two-day monetary policy meeting.

At the moment, EUR/USD is losing 0.05% at 1.2681, facing the next support at 1.2568 (MA10d) ahead of 1.2552 then 1.2542 (low Jun.14) and 1.2528 (MA21d).
On the upside, a break above 1.2748 (high Jun.18) would bring 1.2820 (high May 22) then 1.2854 (MA55d) and 1.2870 (high May 15).



Triadformula.com says Forex trading is better than any other types of investments - PRLog (free press release)
PRLog (Press Release) - Jun 20, 2012 -
Financial Experts say Forex trading is considered as the best form of financial commitment. Here are some of the reasons that make it better than trading and other types of investments. Compared to shares and futures trading industry, Forex trading includes restricted risk. The industry is less unpredictable and if the forex currency trading is managed properly, there can be no or lowest drops. This is because forex currency trading is not determined by just one company or person. It is determined by the overall economic health of the country.

Triadformula.com says “In the forex currency trading, you cannot lose more money than you actually have in your trading consideration. You get an edge call if the amount required by your consideration surpasses the limit required by your consideration.”

Talking about triad trading formula expert say “Trading is straightforward “. Adding to this expert say “Though there is a multitude of different foreign exchange, you need to focus only on four major currency sets. In inventory industry marketplaces, there are over a large number of shares to business on. For a newbie, trading can be frustrating and time-consuming. But, forex currency trading needs less research and is very fast to get started with.”

Forex trading committing occurs very immediately and at almost whenever of the day or night. The industry is open 24 hours a day and 7 days a week. You can business almost at any time and from anywhere you want. With online forex currency trading systems, creating financial commitment in forex has become all the more fast and practical.

In forex currency trading, there are no middle men or providers. You can carry the trading on your own. In trading, you have to go through a broker which not only decelerates the advance, but also costs you much. In forex currency trading committing, you are free to take away all the income that you earn by creating financial commitment in forex.

One the forex trading gurus, Jason Fielder, has just released “triad trading formula 2.0." This publication will be a valuable resource for those who want to get into forex trading and need to know exactly where to start. It gives detailed information on how the market operates, gives examples and scenarios, and defines terms and jargon. This will be a good foundation for the new investors to be able to participate in foreign currency trading.

The recent news which highlighted these days is “Triad Trading Formula from Jason Fielder is in pre-launch to re-open once again to the public. “

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