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Forex Trading Newsletter | October 03rd, 2011DailyForex.com
           
Exclusive for DailyForex Subscribers:
3 Months of Free Trading Signals

           

With global stock markets taking a beating in Q3 and debt crises spreading constantly, it's no surprise that Fitch ratings agency has downgraded all of its projections for the coming quarter. In the Eurozone specifically, forecasts now show near-zero quarterly growth expectations, a prediction will likely have a direct impact on not only the EUR, but on the GBP as well. If you trade these currencies, you'll want to keep a close eye on them in the coming weeks.  You can start by reading the signals and analysis below or checking out our thoughts on why the Pound is not immune to the Eurozone's problems here


EUR/USD - Continuing Bearish Drop to the Downside
Check Out EUR/USD Technical Analysis October 03, 2011 - Take a look at the 4 hour, 1 hour and 15 minute charts of this popular currency pair, and learn what our traders expect from EUR/USD moving forward.

Check Out This Free EUR/USD signal
EUR/GBP - Prepping for a Downside Breakout
Check Out EUR/GBP Technical Analysis October 03, 2011 - See where we expect the retracement to end and for continuation to the downside to begin again; a likely indication of GBP strength - in this pair and in others.

Check Out This Free EUR/GBP signal
EUR/USD and EUR/GBP - Trades Excecuted Today
Check Out EUR/USD and EUR/GBP Trades Executed October 03, 2011 - In this analysis, one trader places real trades based on today's technical analysis and shows clearly how he profited from the suggestions offered by the DailyForex team.  See for yourself how you can use Forex technical analysis to profit now.

Check Out EUR/USD and EUR/GBP Trades Executed!

What's New on DailyForex?

The DailyForex team is proud to announce the launch of a new daily article series, Binary Options Trading in Action, that explains how traders can use Forex technical analysis to profit in the binary options arena.  In this series professional traders execute binary options trades based upon the daily analysis of the DailyForex trading team, and provide commentary and screenshots to explain their positions - and profits. Whether you're new to trading or are an experienced trader looking for inspiration, this series will help you get a better understanding of how trading signals work and how you can profit with binary options trading.

Check out this new series now!


       
         
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If you have any questions or comments on any of the above Forex items or if you would like to suggest topics for future investing articles, please contact us.

           

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* Neither DailyForex nor the author is responsible for the outcomes resulting from trades that are based upon these signals. We are providing these signals as a guideline for interested traders, not as a commitment to profitable trading. Online Forex trading involves high risk and is not suitable for all investors. Before deciding to trade you should carefully consider your investment objectives, level of experience, and risk. By using the DailyForex website, you agree not to hold DailyForex, or any of its affiliates, liable for decisions that are based on information contained anywhere in this site.