Information about Forex trading.

Forex — the foreign exchange (currency or Forex, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $4 trillion (as of April 2010). Trading in this market involves buying and selling world currencies, taking the profit from the exchange rates difference. Forex trading can yield high profits, but it is also a very risky endeavour. Everyone can participate in Forex trading via the Forex brokers. With our broker rating & reviews system, we can help you choose the one that fits your needs.

Business in the USA

The foreign exchange market assists international trade and investment, by enabling currency conversion. For example, it permits a business in the United

USA BANK ACCOUNT

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USD-JPY Technical Analysis

The USD-JPY is hitting the rock bottom, currently position at the new low 76.911 still there is no sign of reversal or correction. However the candlestick chart is already showing sign of weakness to move further downwards. At this point i believe there will be no more major bearish breakout as the traders fear the unexpected. Even if there is major breakout it should be fake

EUR-USD Technical Analysis

Never say never, indeed the EUR-USD is closed to reach the 1.3320 level as discussed in the previous "EUR-USD Technical Analysis". Based on the historical level, this could be the strongest support level for correction. Anything beyond that should be temporary. However that does not meant the price will be starting to go down very soon, based on the MACD and Stochastic indicators there is already sign of flags formations upward for this weeks and the coming week. Otherwise if the unexpected happens it could break higher.