FX CopyCat

September 22 2011 by Spencer McKay in Forex Online |No Comments | Tags: Copycat, Fx Copycat

The purpose of this page is to encourage and collect the user reviews of a Forex product called FX CopyCat. To get the details about this product or if youre looking for support, please visit the official website that can be found at fxcopycat.com.

Below are the current reviews of FX CopyCat. It is possible that at the time youre reading this page there are no reviews yet. Because they come from real users, it may take some time for the first reviews to appear. Please bookmark this page and come back regularly to check for new reviews.

If you have experience with FX CopyCat, please leave a short review or comments with your feedback . It will help other users to decide.

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European Banks Receive NY Fed Scrutinity

August 28 2011 by Spencer McKay in Forex Online |No Comments | Tags: European Banks, Fed

European banks continue to remain under pressure, creating a need to look at safe haven assets.  On Thursday, The Federal Reserve Bank of New York, which oversees the U.S. operations of many large European banks, announced that it recently has been holding extensive meetings with the lenders to gauge their vulnerability to escalating financial pressures. The Fed is demanding more information from the banks about whether they have reliable access to the funds needed to operate on a day-to-day basis in the U.S.  This brings the risks of the European banks to light and shows the seriousness of the current defensive price action.

Daily Forecast for Crosses: August 26

August 26 2011 by Aidan Creal in Forex Release |No Comments | Tags: Forecast, Forecast Crosses

EURJPY Forecast The EURJPY had a significant bullish intraday movement yesterday, slipped above the ascending triangle and 111.04 resistance area as you can see on my h4 chart below. This fact could trigger further bullish correction scenario testing the trend line resistance and 112.50 area in nearest term. Immediate support is seen around 111.04 (former resistance). Another clear break below that area could lead price to neutral zone in nearest term testing 110.50 even reopens the door for another retest of 109.45. The trend line resistance and 113.40 are my key resistance area at this phase. A clear break above that area could end my bearish outlook and lead price to a new bullish phase.

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EURUSD Forecast for August 26

August 26 2011 by Aidan Creal in Forex Release |No Comments

Good morning everyone. We’ve been on the sidelines for several days watching the market battle for a sense of direction. Today, I’m expecting the US Dollar to get weaker. I’m not adding any currency to our hedged pairs list to offset the trading risk today. Still in a unstable market, stay cautious. Howev Read more…

GBP/USD Turns Bearish?

August 25 2011 by Milla Schmidt in Forex Tips |No Comments | Tags: Bearish, Turns Bearish

The Sterling lost some ground today against the Greenback, which seems to have been strengthened by positive numbers from the Durable Goods Orders report out of the USA for July. With little data coming out of London today the Greenback seized the opportunity and capitalised on it by gaining 120 pips.

1.6350 is strong support on the daily chart with 1.6270 being another strong support number based on the monthly time frame. Its probably prudent to consider that price could reverse at one of these levels and turn the bulls loose again. Price is currently trading around 1.6370 which just happens to be the 50% Fibonacci retracement level of the bullish run started 2 weeks ago. Below this we see the 61.8% level at 1.6304 also providing support. Read more…

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