forex- begginer 4

Forex Insider provides you with actionable analysis of news, events and technical levels that impact currency prices - as it happens. Updates are published directly by the senior traders and members of our experienced research team, up to 20 times an hour. Take advantage of their proximity to institutional buy and sell side action, as they trade with some of the world's largest financial institutions.

Keep in mind that the market impact of news and other events detailed in Forex Insider may already be factored into the currency price before this information reaches the public. Forex Insider is available directly within the platform, allowing you to act quickly on the information. To access Forex Insider, click the "Commentary" tab.

"USD/JPY is pulling back to nearby hourly trendline support at 116.65/70, below this level should see longs exit and potentially trigger sizeable profit-taking (selling), and below 116.20/30 should open the flood gates lower."

"AUD/USD closed below its 21-month moving average for the first time in 4 years and could be in store for a much bigger retracement with the year's lows at .7367 in sight."

Insider intelligence on major market flows (who's selling/buying what and where)

"Rumors of a large barrier being protected at 117"

"Hearing European real money accts bidding at 1.1975"

Analysis of data releases and official comments

"The FOMC predictably raised rates another 25bp and kept their measured pace in the statements with the $ and other financial markets reacting in a subdued manner. It looks like we are probably set for 2 more hikes to take Fed Funds to 4.50% when Bernanke takes office early next year."

"September headline CPI rose more than expected (+1.2% MoM vs. expected +0.9% and prior +0.5%), Dollar strength off the higher CPI is unlikely to persist for long and offers a chance to sell the dollar on strength."