Forexpros.com Daily Analysis - 03/12/2009

[forexpros]

Forexpros Daily Analysis Dec 3, 2009

Special Event Today on Forexpros.com: Strategic & Tactical FOREX Trading with Wayne McDonell

Start: Thu, Dec 3, 2009, 11:00 EST/ 16:00 GMT

Forexpros is proud to host a Webinar featuring Wayne McDonell, one of today's top experts on Forex Trading, who will be speaking on our website this Thursday (Dec 3).
In his educational presentation, Wayne will teach how to use technical analysis to align market and price forces for better trading opportunities with potentially less risk. Trade planning, with the use of moving average entries and pivot point exits, will be discussed in an easy to understand "how to" manner.

[color=black]to join this exciting lecture. Attendance is FREE.

About Wayne:

Mr.McDonell is the Chief Currency Coach at FX Bootcamp, a live forex training organization that teaches traders how to develop conservative trade plans based on technical and fundamental analysis, as well as addressing the psychological aspects of being a trader; all in real-time.

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Unemployment Rate Report

The US Bureau of Labor Statistics will publish its monthly Unemployment Rate report tomorrow (Dec 4). The report is a measure of the percentage of the total labor force that is unemployed but actively seeking employment and willing to work in the US.
A high percentage indicates weakness in the labor market. A low percentage is a positive indicator for the labor market in the US and should be taken as positive for the USD.
Analysts predict tomorrow