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Daily Currency Analysis & Technical Currency Strategy -

The Euro has reached back above the 1.4200 price level for the first time since June 5th, as European equity markets advanced for the sixth straight day. Currency traders chose to ignore the largest drop in 40 years for German producer prices as an improving outlook for growth offset the potential deflation risks. German factory gate prices fell 4.6% from a year ago, a full percentage point lower from May’s -3.6% reading.

Technical Currency Strategist Weekly Classical Outlook: USD Hanging on by a Thread • Euro reaches key inflection point; tough call from here • Dollar/Yen remains locked in a very well defined downtrend • Cable well capped by key 61.8% fib retracement • Dollar/Swiss needs to hold above 1.0500 to keep recovery hopes alive

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Scalping Forex System. Forex trading signals. M5 chart.

Scalping Forex System. Forex trading signals. M5 chart.

Scalping Forex System. Forex trading signals. M5 chart.

As you remember, last time we spoke about Forex scalping strategy. I demonstrated you few interesting examples of some forex scalping theories. You saw how you can get more than 50$ dollars profit in 1 minute only. Today we will continue to discuss Forex scalping pattern and I’ll show you another example of Forex trading signals on M5 chart.

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