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Friday, 27 August 2010

Forex Bulletproof Review and Bonus

Friday, 27 August 2010
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Forex Bulletproof ReviewAllright you must have already heard about Forex Bulletproof by now. It is a new expert advisor from the team of Fap Turbo and Forex KillerSince their previous expert advisors have worked so well, I am guessing this one will be an amazing forex robot too.Though I haven't seen it in action, I have heard the software has been profitable in last 6 years which is really...

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Sunday, 22 August 2010

USD set to strengthen against the Yen

Sunday, 22 August 2010
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These are indeed interesting times. We can see from the following chart that the USD is close to reaching its historic low of 81.86 against the Japanese Yen. It seems destined to reach this level in order to give traders some sense of upside. It is a fait compli that the USD is going to weaken. Why?Well the Japanese economy is not exactly in a strong position either. We can expect some stimulus in...

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Flat EUR-USD currency market outlook

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The EUR can be expected to fall back weaken in the short term. It might sfind support around 1.24, or otherwise fall back to previous support at 1.1879. My position is the former proposition, and we can in the middle term expect a stronger EUR. Of course its all relative with the major currencies, as both governments and the Japanese engage in currency debasement.--------------------------------------------Andrew...

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The outlook for the AUD positive

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The Australian dollar is confronting several competing forces at the moment. In the short term there is the uncertainty of an unknown election result, even if it appears as if the Coalition will have the power in the House of Representatives, given that most of the Independent MPs are alligned to Liberal-National values. The trading in the AUD suggests that the currency is close to breaking out to...

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