Forex Update

The Dollar-Yen with amazing accuracy at the first support in yesterday's report (lowest price after the issuance of yesterday's report is 90.06), and then rose to 91.05, breaking 90.73 on the way, but what followed was a modest move. The most important support is the Fibonacci 61.8% for the short-term at 89.77, and if broken the direction would be down to test the important support 88.68, which must hold to prevent another attempt to test 87.97 which survived 2 weeks ago an attempt for a break.

What kind of trading strategy should I use?

Currency traders make decisions using both technical factors and economic fundamentals. Technical traders use charts, trend lines, support and resistance levels, and numerous patterns and mathematical analyses to identify trading opportunities, whereas fundamentalists predict price movements by interpreting a wide variety of economic information, including news, government-issued indicators and reports, and even rumor. The most dramatic price movements however, occur when unexpected events happen. The event can range from a Central Bank raising domestic interest rates to the outcome of a political election or even an act of war. Nonetheless, more often it is the expectation of an event that drives the market rather than the event itself.

Welcome to ForexArticleCollection.com

The Foreign Exchange market, also referred to as the Forex or FX market, is an international exchange market in the world, with a daily average turnover of approximately from 1.5 trillion to 2.5 trillion US dollar. Hundreds of thousands of individuals have already joined the Forex market.

In order to improve your Forex trading skills, you need to make the most of the information at your fingertips.

Here we collect the most popular and helpful Forex articles. All these Forex articles are written by the excellent Forex traders, strategists and analysts. You'll find the articles, trading courses and methods that are an indispensable inherent part of improving your Forex trading strategy.

Forex Broker Reviews

One of the most important factors that determine a forex trader's success is the broker(s) he or she chooses to do business with. There are many aspects to consider when choosing a forex broker, some of which you cannot find out until you have traded real money with them, at which point it may be too late. In this section, we give you that information up-front, with no bias. Our forex broker reviews are written after doing extensive testing of the brokers' forex platform, using real-money accounts. You will not find this type of information anywhere else. We hope it helps you make an informed decision on who you can trust with your money, and which broker is best suited to you and your trading style.

ForexVote.com - Forex Brokers Reviews and Bonuses

ForexVote.com is your primary currency trading guide. Our team reviews and rates the top forex brokers and post comprehensive information about most reliable and popular forex brokers, including bonus offers and latest updates. Every month the list of recommended brokers is updated based on the combination of trading platform quality, excellent customer support, attractive bonus and everything else you’re looking for in a reputable online forex broker. This month the recommended forex brokers are:

Recommended Forex Brokers :: June 09

Rank	Broker	Bonus	Min. Deposit	Demo	Details	Visit Broker
1	AvaFx	$1200	$100	yes	full review	visit
2	eToro	$1000	$50	yes	full review	visit
3	ForexYard	100% upto $300	$100	yes	full review	visit
4	InstaForex	$1000	$1	yes	full review	visit
5	LiteForex	-	$1	yes	full review	visit

Forex Broker Guide - Online Forex Broker Review and Comparison. Discover the Best Forex Broker.

Forex broker review and comparison! Compare and review 234 online forex brokers over 22 comparison categories. Find the forex trading terms you require in our extensive forex broker database and examine the associated forex reviews. Online broker forex trading is the hottest way to trade the thriving forex market.

Learn forex, develop or adopt a forex system and discover the best forex broker to succeed in the world’s largest market. Forex Broker Guide is one of the largest, most trusted forex broker review sites on the internet and is a central location where traders look to discover the best broker forex trading can offer.

Our currency broker rating system allows users to score their past and present online forex brokers out of five stars. Please take the time to rate and review your current online forex broker to assist our online trading community. Please participate in the Forex Forum and Forex Chat where you can discuss all forex currency trading topics including your forex trading broker and present further forex review.

No matter what your forex trading system, if you trade forex we can help you find the best trading terms and the best forex broker for your currency trading needs.

he Top Four Forex Brokers

This article contends that the best forex brokers are: Saxo Bank, GAIN Capital, GCI Financial Ltd., and CMS Forex. CMS Forex accepts no commission, demands a small amount of only $200 to establish a mini account, provides users with a Free Demo account, provides leverage as high as 400:1, and has a 3 to 4 pip spread on major currencies.

Saxo Bank’s ForexTrading.com offers 24 hour online trading, streaming news from three major providers, detailed analysis from in-house experts, direct online chat to dealers, and a secure
trading environment.

GAIN Capital gives its asset managers robust technology, wholesale dealing spreads, consistent liquidity, fast execution, and access to a wide range of sophisticated tools. GAIN Capital’s proprietary trading technology today supports over $60 billion in monthly trade volume. GAIN Capital’s FOREXTrader has streaming prices in 14 currency pairs, real time profit and loss account information, sophisticated risk management tools, a variety of simple and complex order types, and full reporting capabilities.

Professional dealing practices and a service-oriented approach has earned GAIN Capital a reputation as a world class provider of foreign exchange services. Client and partners from over 110 countries currently rely on their technology, execution and clearing services, and administrative tools.

For individual investors, GAIN Capital operates FOREX.com, which offers advanced, yet easy-to-use trading tools along with lower account minimums and extensive educational resources.