Forexpros.com Daily Analysis - 29/04/2010

[forexpros]

ForexPros Daily Analysis April 29, 2010


Free webinar on ForexPros - "Money Management for Forex & Futures"

Expert: Mark Hodge, Rockwell Trading
When: Wed, May 12, 2010, 10:00 EST

Money Management is one of the keys to becoming a consistent and self-sufficient trader. But many traders are unaware of what money management really is and how it can have a dramatic effect on growing and protecting their trade equity. In this FREE webinar, Mark Hodge (Head Coach of Rockwell Trading) will cover the following important topics:

* What money management is and what it isn't
* Share several different money management techniques
* Show why Fixed Ratio Money Management is his favorite

This webinar is #2 in a 3-part educational series brought to you by Rockwell Trading.

Click [color=black]to join free.

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Fundamental Analysis: BoJ Press Conference

Japanese traders look forward to the press conference held by the Bank of Japan, their preferred method of communicating with investors. Topics at such conferences generally include economic outlook, inflation and changes in interest rates.

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Euro Dollar

The Euro broke the support specified in yesterday