Forex Update

GBP USD Technical Forex Analysis for Forex Traders

USD Technical Forex Analysis for Forex Traders

The USD fell sharply overnight driven lower by continuing market turmoil and uncertainty in global financial markets; main story is the filing for bankruptcy protection by Lehman Brothers adding more fuel to the fear of a market meltdown. Although BoA has agreed to purchase the troubled brokerage firm traders don't see the issue as resolved due to the large exposure other firms have to both Lehman stock and counterparty transactions.

EURO USD Forex Trading Analysis for Daily Forex Traders

GBP USD Forex Analysis for Daily Traders

USD Technical Analysis for Daily Forex Traders

GBP USD Technical Forex Analysis for Forex Traders

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