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Future of the US Dollar with AA+ Rating

  • Following the Friday’s US credit rating downgrade by forex trading strategies Standard & Poor’s the Forex traders are wondering how will the currencies react tomorrow and where will the dollar head during the next few weeks. Standard & Poor’s rating agency reduced the long-term sovereign credit rating of the United States from “AAA” to ”AA+” (which is somewhere between very strong and extremely strong capacity to meet the financial commitments) on August 5. The US was removed from their CreditWatch list, but the rating outlook remained “negative”. strategies trading forex The main reason for this downgrade was the conditions of the debt-limit raising deal adopted in the US Congress earlier this week:     The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to trading forex strategies falls short of what, in our view, would be necessary to stabilize the govement’s medium-term debt dynamics. None of the two other biggest credit rating agencies (Fitch Ratings and Moody’s) followed S&P. They still grant the United States their highest ratings possible (“AAA” and ”Aaa”). There is an intrinsic difficulty in forecasting the USD future in the current situation — this is the first rating downgrade in US history, leaving the analysts without precedents to research. In addition, the effect of such a downgrade on the US currency may be dual: it may signal the approaching economic recession, thus raising the demand for safe-have currencies (one of which, the US dollar probably still is), or it may signal only weakness in the US economy and more precisely in the US debt papers, driving the demand off the US Treasury notes. Another point is that this downgrade action is already priced into the market. That doesn’t look very likely, as the Friday tradi,forex trading strategies, trading forex strategies,strategies trading forex ...ادامه مطلب

  • Dollar Index Technical Analysis

  • The USDX - US Dollar Index - forex trading strategies measures the value of the USD (United States dollar) versus a basket of foreign currencies. The break under USDX 79.00 area support on the 1/2/13 culminated in a pinbar rejection/false breakout scenario and has seen the dollar index climb to previous resistance in the 80.60 – 80.70 zone. This area has seen resistance since trading forex strategies November and marks the recent range highs. Any sustained break higher brings the 81.45 area highs as a potential focus, an area aligned with the 50% corrective retrace strategies forex trading of the 84.10 – 78.60 swing lower. A move to the downside would have us monitoring the ...   The USDX - USDollar Index- measures the value strategies forex trading of the USD (United States dollar) versus a basket of foreign currencies. The break under USDX 79.00 area support on the 1/2/13 culminated in a pinbar rejection/false breakout scenario and has seen the dollar index climb to previous resistance in the 80.60 – 80.70 zone.   This area has seen resistance since November and marks the recent range highs. Any sustained break higher brings the 81.45 area highs as a potential focustrading forex strategies, an area aligned with the 50% corrective retrace of the 84.10 – 78.60 swing lower. A move to the downside would have us monitoring the 80.00 round number area and the coinciding 80.15 area cluster of daily highs from January.   The key EURUSD pair (EUR has a 57.6 per cent USDX weighting) dropped marginally today (18th February) to $1.3352 following mildly dovish rhetoric from the European Central Bank president Mario Draghi.  The USDJPY pair, with an associated 13.6% USDX weight for the Japanese yen, has likewise seen a marginal forex trading strategies dollar upside move today as the JPY dropped around 0.3 per cent versus the euro and 0.5 per c,trading forex strategies,forex trading strategies,strategies forex trading ...ادامه مطلب

  • Why Meg Forex System and Meg Company?

  • The first shared system for forex , consists of three strategies Average 9000 pips monthly  More than 3000 pips per month Updated and live accounts in signals performance and mam performance Easy membership with 24-hour support Sending signals via sms ( to users phone ) , yahoo messenger ( safe and sure way ) Best Account Manage with best traders Meg forex company is the best forex forecasting and forex analysis company with sharing system in forex market with using meg strategy. in all forex trading strategies meg strategy is first sharing system for first time in forex market. meg including three Strategies : Martingale , Elliot , Gan and share with Fundamental news for every day. Meg company with Analysis people ( 32 main traders and persons Forex market experts of the best from all around the world ) and easy, best and safe ways to send forex signals to all countries .we have forex account management or managed forex account or some boy call forex account managers that we call MAM ( Meg Account Manage ) in meg company. mam in meg company is one of best in world and all can trust to meg traders. We don’t use robots , expert advisors and trade copier: No after more than three years forex trading, we know that never trust forex robots. trade copier now is best way to scam for scammer companies and expert advisors and robots too. robots cant understand daily fundamental news. we use hand trades in our mam ( Meg Account management ) and in meg signals users trade not robots         www.megfxsystem.com keywords : forex trading strategies, forex signals, forex robots, forex trading, forex account managers, forex analysis ,forex trading strategies, forex signals, forex robots, forex trading, forex account managers, forex analysis ...ادامه مطلب

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