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Day: July 25, 2008
July 252008
Trade Assistant Multi-Timeframe Forex Indicator
Trade Assistant is the second multi-timeframe indicator after TRO MultiPar, which Ive posted in April. Ive found this indicator on the forex-tsd.com forums; it was originally created and posted there by Tom Balfe. As with other multi-timeframe indicators it looks very nice and informative with the table output layout of the buy/sell signals. It can be attached to any timeframe chart and it works well with all currency pairs. […]
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July 252008
Dollar Gains on Better Orders, Housing, Consumer Confidence
The U. S. dollar rose against the euro after the important statistics came out in U.S. today. Although the daily gain is almost absent, EUR/USD went significantly down from its daily maximum at 1.5753 after the news releases and is now trading near 1.5683 level. Durable goods orders rose unexpectedly in June — they gained 0.6% after 0% change in May and negative (-0.3%) forecast for […]
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July 252008
Yen Gains versus Euro on Stocks Decline
The Japanese yen gained against the euro and other currencies on the Forex market today, making this week the first bullish one since May, as the stock markets declined world-wide spurring sell-off on the carry trade market. Stock markets declined yesterday in the United States and Europe and continued to fall in Asia today. Such financial environment is considered to be very unattractive for […]
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