The Euro hit a one-week low against the US dollar during Thursday’s trading following news that US jobless claims had fallen and amidst continuing worry about the debt crisis faced by the Eurozone. Forex traders at 4XP saw the EUR/USD currency pairs plummet as traders continue to lose confidence in Europe’s single currency.

During this afternoon’s trading the EUR/USD dropped as low as 1.2542 , its lowest price since last Thursday when the EUR/USD hit a 14-month low. This fall was partly in response to the news of better than expected jobs data from the US. Meanwhile the EUR/JPY currency pair was also suffering as the Euro fell to 116.48 against the yen, a drop of 0.96%.

The continuing struggles faced by Greece and the Euro are still playing their part in restricting the European currency. The Euro has been suffering continuously following the uncertainty regarding the EU/IMF bailout for Greece, the civil unrest in Greece and the possibility of further EU member states having the same problems as Greece.

These continuing troubles in Europe are creating many profitable trades for shrewd and well informed traders of EUR and USD currency pairs. If you think you have what it takes to join the Forex trading ranks or if you already trade Forex and are looking for a new place to trade visit www.4xp.com.

4XP, or Forex Place as they’re also known offer you an industry-leading trading platform, tight spreads, educational videos and even FXTV, 4XP’s very own Forex news channel to make your trading as profitable as possible. Head over to www.4xp.com today where you can open a new Forex trading account with one of the world’s leading online Forex brokers in minutes.

Whether you’re a brand new Forex trader or a regular at the foreign exchange markets the Forex Training Videos From 4XP have valuable lessons in the art of Forex trading. There’s a collection of eight training videos, each outlining a different aspect of Forex trading from basics such as spreads and values through to trends and analysis.

• Forex World – Is an introduction into the basics of Forex trading covering such topics as how to trade Forex, Forex market fluctuation, types of trading orders and how to profit from Forex trading.

• Candlestick Trading – Is a guide to candlestick charts, which are used to assess market trends, using peak points and bottom points to indicate when a market is about to turn.

• Calculating Risk – Is one of the most valuable lessons to learn when Forex trading. This video lesson offers advice about stop losses, bankroll management, how to detach yourself emotionally from your decision making and how the human mind works while trading Forex.

• Support and Resistance – This video will introduce you to support and opposition (bulls and bears) plus how to identify peaks points and bottom points.

• Trends and Trend Lines – Here you will find information about market trends, and rules which will allow identify the King’s Crown, which is the end of a trend.

• Gathering Information – This 4XP video discusses how the market converges and where to look for key market data and information regarding Forex markets.

• Fibonnachi Numbers – This training video walks you through the principles of Fibonnachi numbers, what they are and what they do.

• Trader’s Dictionary – Here you will find an explanation to the many various Forex trading terms and phrases plus an overview of all that you’ve learned in the previous seven videos.

To take advantage of these great Forex training videos from 4XP visit www.4xp.com where you can open a new Forex trading account in minutes with one of the internet’s leading online Forex brokers.

Click here to visit Forex Place

Leading Forex trading company, Forex Place utilises the award-winning Meta Trader 4 to bring you commission-free, tight pip-spreads as well as online real-time market prices from across the globe but unlike other Forex trading companies, there are Three Trading Platforms At Forex Place. There’s a platform for PC’s, one for Windows Mobile PDA’s and another for other PDA’s and smart phones.

With the Meta Trader 4 platform being available for mobile devices as well as your PC or laptop you can now trade from anywhere with a mobile connection, allowing you to stay in control of your investments no matter where you are.

• Meta Trader 4 for PC:
  The multi-award winning trading platform found at Forex Place offers you trading advice and experience, charting and analysis tools, technical indicators and automated online trading from your laptop or your home or office PC.

• Meta Trader 4 for Pocket PC:
  This great mobile Forex trading platform can be installed on most Windows Mobile devices, giving you access to your Forex Place account and allowing you to trade from just about anywhere.

• Meta Trader 4 for smart phones:
  This particular version of 4XP’s great trading platform has been designed to operate on most mobile phones and PDA’s, offering you many of the great features found in the PC version.

Due to the strong relationships the Forex Place has with the world’s leading banks you will find some of the very best Forex prices anywhere on the internet but don’t take our word for it, visit www.4xp.com to open a new Forex trading account and start trading from your laptop, PC even on the move with your mobile phone or PDA.