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Day: November 5, 2008
November 52008
U.S. President Elections Dollar Rally Over
EUR/USD declined today after the U.S. elections were over and the next presidents name became known fast and without any troubles. Barack Obama may create all necessary conditions for the dollar to grow further, but it will take him a lot of effort to do so. When the euphoria around the elections disappeared, EUR/USD began to rise on Forex. The macroeconomic background in U.S. is very poor […]
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November 52008
Pattern Recognition Master for Japanese Candlesticks
The Japanese candlesticks is a nice tool of trading for any chart-trader. Some Forex traders prefer to trade on the bare charts without adding any indicators. The candlestick patterns are used as the entry and exit symbols in many cases. But its not an easy task to constantly recognize those Shooting Stars, various Dojis, Hammers, etc. Pattern Recognition Master is a nice tool to help the chart-traders to automatically […]
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November 52008
Dollar Gains After Obama Takes Presidency
The U.S. dollar strengthened its position against the euro and the British pound as the investors believe that Barack Obamas clear victory in the U.S. presidential elections will help him to take measures soon to revive the worlds biggest economy. The news that the Democrat Barack Obama won the presidency over its Republican rival John McCain created the main positive background […]
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