Day: October 12, 2010

October 12
2010

Can Euro Resume Its Rally After Decline?

The euro retreated today against the US dollar and the Japanese yen on the speculation that it rallied too much earlier. It may still resume its rally depending on the decisions of the US and Japanese policy makers. The minutes of the Federal Reserve policy makers’ meeting scheduled to be released today. In case the Fed would perform the expected quantitative easing the dollar would resume its downfall. The talks suggest that Japan may intervene […]

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October 12
2010

Pound Weakens as UK Houses Prices Decline

The Great Britain pound dropped today after the report showed the decline of the house prices, signaling about the lack of the buyers’ confidence and the lack of the mortgages. The survey of Royal Institution of Chartered Surveyors showed that the surveyors reporting the prices decline exceeded by 36 percent those who reported about the increase of the prices in September. That’s compared with the previous reading of 32 percent reporting decrease. GBP/USD fell from 1.5881 to 1.5818 as of 10:20 GMT […]

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October 12
2010

Detrended Price Oscillator Indicator

Detrended Price Oscillator is the latest free technical indicator that was uploaded to EarnForex.com. Like its name suggests, DPO is an oscillator that shows the changes of price direction. The “detrended” part stands for being able to produce signals even when the small changes in the trend are in effect. The MT4 version is very simple and does everything just fine. Although MT5 has its own DPO indicator (inside […]

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