AUDUSD and S&P 500 Sit at Serious Highs, Conviction Still Lacking February 16 2012 8:14 EST

All things Euro and risk rallied through Thursday's trading session with another round of vows made to push forward the Greek rescue. Yet, these promises are still little more than words until action is taken. Considering the actual EU vote on the second bailout program is scheduled for Monday yet we are standing just off of meaningful range highs from benchmarks like the S&P 500 and AUDUSD now, what should we expect? Clear technical levels are tempting, but thin liquidity and high volume create a serious risk in volatility. Be ready for breakouts and sharp runs, but limit expectations for follow through.







Forex TV Mission

ForexTV is the world's first streaming forex video portal dedicated to providing information about the global forex trading marketplace. Through innovative technology and strategic partnerships, we endeavor to provide an unparalleled experience to our end-users. Our goal is to provide the latest forex news videos and data in a timely and dynamic fashion. Forex videos found on our site are gathered from forex brokers, independent currency analysts as well as the proprietary signature forex video broadcasts of ForexTV.com.

Forex videos are also stored for playback at any time and are searchable in the forex video database. In addition, the currency videos can be shared and embedded into web pages and blogs for contextual reference.


Latest ForexTV Video












  Top Content »
About Us Contact Advertise With Us

RISK DISCLAIMER: By using this web site you agree to its terms and conditions. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Forex (or FX or off-exchange foreign currency futures and options) trading involves substantial risk of loss and is not suitable for every investor. The value of currencies may fluctuate and investors may lose all or more than their original investments. Risks also include, but are not limited to, the potential for changing political and/or economic conditions that may substantially affect the price and/or liquidity of a currency. The impact of seasonal and geopolitical events is already factored into market prices. The leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds and such may work against you as well as for you. Past results are no indication of future performance. Information contained this web site is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted.