Friday October 31, 2008 - 15:43:25 GMT
Share This Story
FXDD - www.fxdd.com
Forex Trading: Markets are getting volatile as the London/EUROPE session end approaches
As discussed earlier, the markets are volatile and choppy as the Europe and UK end of week/month end approaches.
The GBPUSD broke through the 1.6065 support level (100 hour moving average in chart above), retraced to test the level, sold off to new lows at 1.6004 then rocketed higher. Expect more of the same volatility as we move closer to the week end.
Forex Trading News
Daily Forex Market News
Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."