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Paypal-Compliant Forex Brokers
One of the most common questions I get every now and then is whether it is possible to transact on a forex account using PayPal. As the world gradually moves towards cashless transactions, potential and current traders are desperate to know if they have to be stuck with the time consuming methods of depositing funds […]
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Forex Week Of Sept 23 2013 – A Little Here And There
The Forex markets had an interesting five sessions over the past week, as the Federal Reserve finally acknowledged that it was not going to taper off quantitative easing. As a result, we saw the US dollar get pummeled in the middle of the week. Interestingly it has had a little bit of a reprieve, mainly […]
Read Some MoreThe FX Week Sept 9 2013: Why Uncertainty Galore Regins
This past week was one of the more important ones that we’ve seen in the Forex markets for a while. This is because of the nonfarm payroll number, which is the last number of any significance before the Federal Reserve makes its decision on whether they will gradually switch off the quantitative easing tap. Against […]
Read Some MoreThe Forex week of September 2nd – More Up and Downs
The Forex markets produced a couple of interesting candles last week, so we might have a couple of reasonable set ups in the short-term. The markets will watching the Federal Reserve like a hawk for any hint that tapering of quantitative easing during the month of September or October will happen. Unfortunately, that answer won’t […]
Read Some MoreThis Forex Week Of August 26th – Still Choppy, Hold On To Your Hats…
The Forex markets were a bit of a mixed bag over the last five sessions, as we enter what is essentially the most boring part of the year as the “big money” is away on holiday. Adding to that is the fact that the Federal Reserve is presently trying to decide what to do about […]
Read Some MoreThe Week of August 19th in Forex – Choppy Markets
This past week in the Forex markets all continue to US dollar weakness, against many of the currency pairs that we track. One of the most significant breakouts has been in the gold markets, as the $1350 level has been such a nasty bit of resistance, which has now been broken. In fact, it should […]
Read Some MoreForex for the week of July 22nd – The Dollar is About to Get …
The FX markets were relatively calm during the previous five sessions, as the markets are essentially focusing on one thing: The Federal Reserve’s next move. The markets have recently priced in the idea of a taper off (gradual withdrawal) of the quantitative easing program in September, but since then we have seen a couple of […]
Read Some MoreForex for the week of July 15th – Mixed Bag
The past week handed us a bit of surprise when the Federal Reserve released its minutes from the last meeting. It suggested that several of the members on the committee were concerned about unemployment numbers in the United States, and that perhaps waiting until they came down to taper off quantitative easing was the correct […]
Read Some MoreForex during the week of July 8th – A Normal Week Sort Of.
The Forex markets continued with in the same vein over the last several weeks in these past five sessions. Namely, the US Dollar continues to show massive amounts of strength, and is breaking out against again, the Canadian dollar, the British pound, the Australian dollar, and many other currencies globally. This would’ve been pushed into […]
Read Some MoreThis week in Forex July 1st – Why The Yen is Like A Hot Dog.
Now you see it. Now you don’t. This past week the markets saw a lot of back and forth movement, finally making its mind up and handing us a continuation of the weakness in the XXX/JPY pairs across the board. Many of the weekly charts look very negative for the Yen, which of course will […]
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