Serving Traders Since 2005
EUR/USD trend: buy.
GBP/USD trend: buy.
USD/JPY trend: hold.
EUR/JPY trend: hold.
| Floor Pivot Points: | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3908 | 1.3985 | 1.4125 | 1.4202 | 1.4342 | 1.4419 | 1.4559 |
| GBP/USD | 1.9804 | 1.9944 | |||||
…
With the consumer confidence surveyed in this September fall beneath the level of 1985 (from 105.6 to 99.8) the U.S. dollar can’t hold its position and loses almost 100 pips on EUR/USD rallying it to a new historical maximum at 1.4154.
While mortgage problems in U.S.A. continue to crush real estate sector …
With the Fed’s rather predictable decision on interest rates cut by 0.50% September 18 (last Wednesday) dollar was doomed to cross the 1.4000 level (on EUR/USD). Its fall continued through all days left after the Fed’s statement release. Hitting historically high levels with the maximum at 1.4120, USD ended …
Today I am presenting a new article about Forex trading — 100% Hedging Strategies. As the title suggests the whole article is dedicated to earning money on Forex via hedging different currency pairs and different interest rates. Author Yannis Karamanakis gives a simple list of steps needed to perform a successful hedging …
EUR/USD trend: buy.
GBP/USD trend: buy.
USD/JPY trend: hold.
EUR/JPY trend: buy.
| Floor Pivot Points: | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3615 | 1.3722 | 1.3906 | 1.4013 | 1.4197 | 1.4304 | 1.4488 |
| GBP/USD | 1.9648 | 1.9764 | |||||
…
EUR/USD trend: buy.
GBP/USD trend: hold.
USD/JPY trend: sell.
EUR/JPY trend: hold.
| Floor Pivot Points: | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3623 | 1.3695 | 1.3784 | 1.3856 | 1.3945 | 1.4017 | 1.4106 |
| GBP/USD | 1.9654 | 1.9854 | |||||
…
EUR/USD is closing below 1.3900 level after a major rally earlier this week. The main driver for the growth were the market expectations for the FOMC to lower the interest rates by at least 0.25% next week, while last two days’ correction can be a reflections of some less confident traders, that are …
This week EUR/USD rallied to the new historically high levels breaking above 1.3900 level (and staying there for some time). Possible rate cuts series in the nearest future by Fed caused this dollar fall. Almost 75% of expert currency trading analysts questioned about Fed’s decision on 18th of September are …
A new e-book is now available for download from my site — it is called “The Daily Fozzy Method” (written by Michel Dunbar from http://www.forex-rewards.com). It describes a Forex trading strategy based on D1 timeframe with RSI, ATR and 28-EMA indicators. It is very simple to follow with the entry …
EUR/USD trend: buy.
GBP/USD trend: buy.
USD/JPY trend: sell.
EUR/JPY trend: hold.
| Floor Pivot Points: | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3735 | 1.3458 | 1.3612 | 1.3705 | 1.3859 | 1.3952 | 1.4106 |
| GBP/USD | 2.0256 | 1.9937 | |||||
…
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