The information that Bin Laden has been deceased, sparked markets higher yesterday. Nevertheless, at this point the world is worried regarding Taliban and Al Qaeda retaliating as participants of the militant organizations have promised to do. Interpol told its practically two hundred member nations to be on “full alert” right after the liquidation of the al-Qaeda leader in Pakistan. The U.S. will not drop its fight in opposition to the group and will not reduce its endeavours to prevent terrorism, Secretary of State Hillary Clinton said Monday.
Additionally, much softer than expected data from New Zealand on Labor Costs and also fairly dovish and watchful statement from the Reserve Bank of Australia as they kept the rate unchanged at 4.75% in the wee hours, put a lid on the risk assets.
EUR/USD smart free accurate forex trading alerts: Patient bullish traders had a good day yesterday given that the Bin Laden news permitted buying the dip to become exceedingly lucrative. From here there is still bullish sentiment in front of Thursday’s ECB rate announcement and traders are content taking part in the range. Merely a break back through 1.4750 could very well create a bearish signal and traders are happy to be purchasers except if that fails.
GBP/USD daily professional forex trading signals: Leading into the BoE rate decision on Thursday it appears as though dejavu with the past month as the GBP struggles to generate fresh highs as traders like the EUR at this time. This being said, traders are content to acquire dips and remain long GBP given that 1.6600 support holds but a crack of 1.6590 could generate a significantly bearish signal.
USD/JPY reliable free fx signal: USD/JPY initially started higher on the Bin Laden announcement nevertheless the rally was halted as the sellers surfaced happy playing it on the short side so long as 82.00 provides resistance. We open the Asian session directly on vital support and traders still calling it lower as the JPY crosses (EUR/JPY and GBP/JPY) appear a little heavy also.
Easy Pips Forex Signals is an alerts service that sends forex trades to your mt4 broker account. Free trials are available for their accurate forex signals.