Technical Report – March 11, 2013 Monday Open: Euro Fails at Trend Channel resistance

By Learn to Trade

Chart of the Day: EUR/USD EUR/USD: The Euro saw a pickup in volatility last week, as a rally was staged early in the week, only to drop back to the 1.30 level into the Friday close. The failure did occur at important resistance levels, and these latest […]

Fundamental Report – March 7, 2013: Markets Look to US Non Farm Payrolls, ECB Rate Decision

By Learn to Trade

The US Dollar continues to push higher against most of the majors as investors position themselves into the end of the week before key event risks. The first of these will be seen with the monetary policy meeting from the European Central Bank (ECB), w […]

Technical Report: March 7, 2013 Australian Dollar Overcomes Fib Resistance

By Learn to Trade

Chart of the Day: ¬†AUD/USD AUD/USD: The Australian Dollar was one of the big movers overnight and prices have now convincingly removed important Fib resistance levels at 1.0220. This area is the 61.8% Fib retracement of the decline from 1.0290 and this […]

Fundamental Report – March 6, 2013: US Dollar Higher Ahead of RBA Meeting

By Learn to Trade

The US Dollar is slightly higher to start the week as investors position themselves for the upcoming Beige Book release from the US Federal Reserve, and the monetary policy meeting from the Reserve Bank of Australia. These central bank events will like […]

Forex Technical Report

By Learn to Trade

Monday Open: Euro Breaches Psychological Levels at 1.30 EUR/USD: The Euro was sold heavily against nearly all of its major trading counterparts, and some of the most significant volatility was seen in the EUR/USD itself. The 1.30 level is significant n […]

Managing Our Greatest Financial Asset

By Learn to Trade

A market, by its simplest definition is a place where items of value are exchanged. There are many markets, some we see in a very tangible way, the store we walk into, the stock market report on the evening news and some we do not see, like the market […]

China data buoys dollar to four-month high

By Learn to Trade

The Australian dollar has risen to a four-month high, inching above $US1.06 this morning on the back of US market enthusiasm over better-than-expected trade data from China yesterday. The dollar peaked at $US1.06 around 9am today before falling back to […]

Labour to force Commons vote on fuel duty rise

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Labour has announced it will force a vote in the House of Commons in a bid to postpone plans to increase fuel duty in January. Set to carry out the poll on Monday (November 12th), the political party is hoping to stop the intended three pence rise in a […]

IAG to cut 4,500 Iberia jobs

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Airline holding company IAG has announced plans to cut 4,500 jobs at Iberia as part of a restructuring programme. The move will see a quarter of the Spanish carrier’s fleet cease operations, as well as 15 per cent of its network capacity, in a bid to s […]

China releases promising economic data

By Learn to Trade

Encouraging economic data released by China has indicated recovery may be in sight. According to the figures, retail sales, industrial production and fixed-asset investment increased by more than expected last month when compared with those recorded in […]