Advertisement

Hours with a pair of EUR / USD.

Thursday, September 30, 2010

Real Source: http://euronis-free.com/Articles10.html

In this article I want to share their thoughts on the currency market Forex with a pair of euro / dollar. This is one of the most beloved and frequently traded currency pairs on the exchange, and I think you will be very interesting to learn some of the features of trade with it.

So, let's begin. Intensive movement in a pair euro / dollar, as a rule, begins from 9.00 am Moscow time. At night, the Americans and Europeans are asleep and the fluctuation is very minimal, Asian forex traders are working with other currencies such as Yen, the Yuan, the Australian dollar, etc. At 9 o'clock in Moscow emerging basic movement in a given currency pair. The main trend is given by Europeans in Berlin, Frankfurt and Paris. British come to trade a little bit later, around 11-12 hours. At 12.30 - 13.00 face important macroeconomic news in Europe, and they can seriously break the movement that emerged in the morning.

The main drivers of growth or decline serve data on unemployment in the EU, the level of industrial production, etc. At 15.30 on Thursday, a monthly published decision of the European Central Bank's interest rate. This, in my opinion, the central event of the European scale, which significantly affects the dynamics of the pair eur / usd.

From 16.00 on the currency market forex come the Americans, and trade activity increases significantly. This is a time when all the professional traders must monitor the auction in front of their monitors.

16.30 central time on Forex for a couple of euro / dollar, the U.S. published the important macroeconomic indicators. This currency pair can for five minutes, ten "striding" hundred or two hundred points up or down, especially this can be observed at the output of these pay rolls.

Also of note for a time 18.00, as well as major events occur in the forex in the United States. Apart stands the time of 22.15, when it becomes known to the decision of the Fed (U.S. central bank) about the changes in the discount rate. If you are a professional speculator - this is your finest hour for a good profit. Do not miss this event.

After 23.00 trade activity comes to naught. Fix profit, closed unprofitable positions.

0 comments:

About This Blog

There are different feature of these blog, like daily update to give news and articles about latest business news.

  © Blogger template Writer's Blog by Ourblogtemplates.com 2008

Back to TOP