Archive

U.S. dollar looks unsure whether to fall or to rise on the Forex market after some important macroeconomic indicators were released today. One of the most important data came out from the University of Michigan and Reuters — Michigan Sentiments Index, which represents consumer confidence. Consumer confidence is important, because it …

EUR/USD is hitting its all-time record high level beyond 1.4800 after the pessimistic analysts’ forecasts on housing data appeared to be almost completely true today. Housing Starts for the October grew to a seasonally adjusted annual rate of 1.229 million, compared to 1.193 million in September and 1.175 million expected …

Now you can read a new Forex article on my site — Scalping The Forex Market For Profits Every Day (by Dean Sauders). As you can guess from its title it is about scalping. This article offers an interesting scalping strategy based on the big amount of Weighted Moving Average. Basically, it …

I’ve added a new Forex e-book to my site — The Forex Trader’s Cheat Sheet. It’s not just a book, but a real cheat sheet which can be used every time you consider opening a new position on Forex market. It has several pages of explanations on how to apply its …

EUR/USD trend: hold.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.

…

EUR/USD stopped its fall today and jumped back up to 1.4670 levels on Forex after today’s Federal Reserve release on industrial production. In this October industrial production fell by 0.5% after 0.2% growth in September and median expectation at 0.1% for this month. That means that FOMC will probably need …

These news isn’t that new, but for Forex traders it would be interesting to know, that Marketiva broker now offers world indexes (Dow Jones, Nasdaq 100, S&P 500, DAX and FTSE 100) and precious metals (gold, silver, platinum …

The release of the not so good news from the U.S. economy caused a wave of bullish dollar speculation on Forex with the increased risk aversion sentiments among traders. Going back from stocks to bonds wasn’t prevented even by the fear of another possible cut rate before the year’s end. EUR/USD fell from …

I’ve updated Forex brokers description pages to use AJAX for broker rating system. So now you can vote for your favorite broker without having to reload a page. It’s not a big thing, but I think that my visitors should be able to do thing in a convenient way :-). If …

After Bureau of Labor Statistics reported its statistical data for October Producer Price Index (which indirectly affects Consumer Price Index with a time lag) today, U.S. dollar began reclaiming some of its strength against major currencies. Most notably — against Euro which grew significantly against …