Posts Tagged ‘UPDATE’

auto update system of MT4

Hello. I would like to inquire about auto update system of MT4. When the system of MT4 was improved newly, a massage “Click this button for…

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Weekly Technical Update: Risk Appetite Starts Week; Risk-Aversion Capitulates

Over the previous weekend, the EU promised a bailout will be provided if requested by Greece. This gave the euro a boost to begin the week, creating opening gaps across the board. By the end of the week however, the initial momentum fizzled, and the EUR/USD closed its gap. Friday…

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Weekly Technical Update: Forex Market in Broad Test of Consolidation

This was basically a week of continuing consolidation, except for the USD/CAD which is looking seriously at the parity scenario. The coming weeks may be crucial as the markets test important powerlines. We have short-term consolidations/corrections in pairs such as EUR/USD, GBP/USD, EUR/GBP, and GBP/JPY. But we are also testing…

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Weekly Technical Update: Fed Outlook Adds to Greenback Strength

Last week, Eurozone’s debt issues and announcement of tightening in Chinese banks extended the current atmosphere of risk aversion, which weakened the Euro, but boosted the US Dollar and Yen. This week, the Yen and Greenback consolidated, but the Greenback broke out and continued its strength. The USD was boosted…

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