Bernanke is likely to allow a significant cut in the interest rate in December according to many economic experts. Among Forex traders this cut could have immediate affects as the value of the U.S. dollar is weakened but the economy strengthened. Interest rates play a very significant role in Forex trading as one of the most important fundamentals. The long term outlook for the U.S. dollar is currently bleak according to many experts.
Monday, December 3, 2007
Stochastics is a popular classic indicator that is used in trading any financial market including stocks, commodities, futures, and Forex. This video demonstrates how to make more sense of your technical analysis by adjusting the settings for different time frames or different currency pairs in Forex trading.
Subscribe to:
Posts (Atom)
