Easy Forex Signals Daily Fx Trader Update

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The Dow Jones Industrial Average finished slightly lower yesterday in a lethargic, boring session confined by small ranges. For the majority of Monday, the Dow was above water, but in the final moments of trading the index slipped lower. Monday's robust economic releases, February pending home sales surprised firmly to the upside with a 2.1% increase, and Personal Spending printed healthier than expected at 0.7%, failed to insert life into the day's trading.

Fx Investors remain worrisome in regards to the high radiation levels in Japan and still determining the potential problems for the world-wide financial state following the devastating earthquake and tsunami. Additionally, the peripheral European debt troubles stubbornly remain with yields on Spanish and Portuguese bonds at record highs.

In Asia today, stocks markets were mildly higher, but Tokyo securities were hurt by challenges in efforts to bring Japan's troubled nuclear complex under control.

USD/JPY mt4 fx broker trading system: The USD is generating advancement higher as the pair breaks through the 20-day MA, presently at 81.51. The 20-day MA is serving as a support. The upper Bolli band at 83.50 is in focus now. MACD is in a sound bullish cross and RSI crossed the neutral line of 50 from beneath. Daily charts have rolled over to paint a bullish snapshot.

EUR/USD metatrader broker currency systems: MACD is working out a bearish cross for the second day on a row, nevertheless fails at this. RSI stimulates the euro bulls because it's easily under the overbought mark of 70 and looks north. The rising Bollinger Bands channel signifies gains by the euro and giving the overall favorable look to the charts. US$1.4251, the Upper 20-day Bolli band, is amongst bulls' targets.

GBP/USD metatrader 4 forex trading systems: Yesterday's closing over the lower 20-day Bolli band, presently at 1.5937, is definitely an upbeat fact for the GBP. A bounce back towards the 20-day MA, at 1.6162, can't be eliminated. The bounce theory is well sustained by the RSI's turning dramatically higher. MACD is holding its location in the positive area, however in a bearish cross. Daily graphs project a cautiously bullish picture.
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