Forex broker review and best forex broker recommendation

For most people who have daily jobs, it is difficult to trade forex in office time. Thanks for the smart phones, we can trade with phones. I am using iPhone, I can only find two companies who has forex apllication for iphone traders. I don't choose oanda, because I had bad time when I fund my acount the first time. It took forever and nobody follow up with my complains. Also its small leverage and crazy pips spead during news time is nightmare for traders.

The other one is quite good and provide tight pips spread and a lot of services. My friends strongly recommend me use it and until now I am quite happy! It is your choice for this best iphone forex broker! They are pleased to offer you a choice of 3 different spread options: ECN Premier, Variable and Fixed spreads. You can choose the one suits your need.

Monday, August 8, 2011

Action Insight Daily Report 8-8-11

ActionForex.com
Action Insight Market Overview Markets Snapshot

Daily Report: Greenback Slips Versus Other Major Currencies after S&P Downgraded its AAA Rating to AA+

The greenback fell across the board and hit fresh record low against the Swiss franc after Standard & Poor's downgraded U.S. top credit rating from AAA to AA+, the decision raised concerns over the fiscal issue of the world's biggest economy. Although the Federal Reserve Open Market Committee are going to meet tomorrow, traders can't wait and sold the greenback versus all other major currencies, added to concern the fiscal health of the world's biggest economy is slipping. The single currency rallied and broke above last week's high of 1.4375 to as high as 1.4432 in part due to the news that the European Central Bank already started buying Italian and Spanish bonds in order to stop eurozone debt crisis from spreading to the region's third and forth largest economies, however, some traders worried that IMF's rescue funds may only be enough to save Span but not in the case of Italy and of course not for both countries.

Full Report Here...


jpyvol.png
nzdusdpiv.png

Featured Technical Report

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.4121; (P) 1.4209 (R1) 1.4364; More.

EUR/USD's b break of 1.4371 minor resistance indicates that choppy pull back from 1.4537 has likely finished at 1.4054 already. Intraday bias is flipped back to the upside for retesting 1.4537 first. Break will confirm resumption of the whole rally from 1.3837 and should target 100% projection of 1.3837 to 1.4537 from 1.4054 at 1.4754 next. On the downside, though, below 1.4239 minor support will turn bias neutral and mix up the near term outlook again.

Read more...

Forex Brokers
Advanced Currency Markets GFT FXCM
Economic Indicators Update

The Futures and Forex Expo Las Vegas, June 15-18, 2011 at Caesars Palace. Register now and prepare for three days that will get you on track for a profitable future! Register FREE today!

Top trading expert speakers, analysts and exhibitors. Discover the Newest Comer to the market, analyze latest market trends explore different trading platforms, and explore a wide opportunity on future investments. The 9th ME Forex & Investment Summit 2011

World MoneyShow Toronto, September 8-10, 2011, at The Metro Toronto Convention Center. Your one-stop resource for the most comprehensive education, efficient research, and valuable advice. Register Free Today!

World MoneyShow Vancouver, September 19-21, 2011, at The Vancouver Convention Center. Be there as recommendations and advice are revealed for how to best position your portfolio for profit - in 2011 and beyond. Register Free Today!

GMT Ccy Events Actual Consensus Previous Revised
23:50 JPY Current Account (JPY) Jun 0.92T 0.96T 0.39T
5:00 JPY Eco Watchers Survey: Current Jul 52.6 50 49.6
5:45 CHF Unemployment Rate Jul 3.00% 3.00% 3.00%
8:30 EUR Eurozone Sentix Investor Confidence Aug 3.4 5.3
Forex Trade Ideas

Trade Idea: USD/JPY – Buy at 77.05

As the greenback has remained under pressure on dollar’s broad-based weakness, suggesting the first leg of major correction from 76.29 has ended at 80.25 last week and near term downside risk remains for weakness to 77.50, however, near term oversold condition should limit downside to 77.00/05 and support at 76.78 should hold, bring another rebound later. Above previous support at 78.30 would bring a test of 78.51-59

Read more...

Candlesticks Intraday Trade Ideas Update Schedule (GMT):
1st Update: 0630 - 0700; 2nd Update: 0930 - 1000; 3rd Update: 1230 - 1300; 4th Update: 1500 - 1530
Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF

Elliott Wave Daily Trade Ideas Update Schedule (GMT):
AUD/USD, EUR/JPY: 0800 - 0830; EUR/GBP, USD/CAD: 1430 - 1500

Suggested Readings

Fundamental Highlights

Technical Highlights


Forward this report to a friend!

This email was sent to banzou.forex@blogger.com by contact@actionforex.com |  

Action Forex Company Limited | Room 1707, 17/F | Treasure Center | 42 Hung To Road | Kwun Tong | Kowloon | 852 | Hong Kong

No comments:

Post a Comment