Simultaneous Release at

TheGeekKnows.com – Learn Forex Trading and view EUR/USD Reviews.

Good day forex trading koalas.

In the previous review, Masoud mentioned that due to the lack of trading volume, unexpected currency movements may happen and it will be a challenge to analyze the markets.

Looking at the EUR/USD chart above, we can see the low volume market conditions being played out on the chart. The EURUSD ranges excessively as the stability from having high liquidity is missing.

The US Unemployment Claims came out much better than expected. Clocking in below 400k, traders are optimistic that the employment market may be stabilizing. A stable employment market will increase consumer spending and hence lead to a growing economy.

Moments ago the US Pending Home Sales came out better than expected and this will probably add on to the market’s positivity toward the US. Compared to the problems plaguing the Euro Zone, this is probably more welcoming.

Having said so, i always mention that the US faces a big debt and hence be careful of complications arising from it.

As we move into New Year’s Eve and the New Year, expect even lower liquidity. Do plan your trades well and consider all risks. Over trading is a forex mistake.

Trade Safely

***

Related Forex Articles from the Koala Forex Training College.

  • Plan your trades well. Importance of Stop Loss and Take Profit
  • The US Dollar Index Review Dec 10
  • Over Trading is a forex mistake
  • Read more Forex Articles and Views by The Koala at

    TheGeekKnows.com – Learn Forex Trading and view EUR/USD Reviews.

    ©2010 FX Instructor Forex Blog - For Traders, By Traders. All Rights Reserved.

    .