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This Week's Lesson: Thursday, March 18, 2010

Fibonacci Analysis of Forex Market—March 2010

Quite a bit has changed over the past three months in the forex market, but the next few months could be even more important in terms of determining the intermediate- to long-term trends in many of the currency pairs. Clearly, the divergences between the various pairs have become more pronounced, which requires more careful analysis and trade selection based on risk/reward. The various currency pairs have reached some important Fibonacci levels, so I wanted to look in-depth at not just the dollar index, but also many of the other popular pairs. READ FULL ARTICLE

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