Serving Traders Since 2005
Many Forex brokers have started to offer 6 digit Forex quotes to via the MetaTrader 4 terminal recently. It has a lot of benefits for the scalping traders and opens up many new trading possibilities for others. But there seems to be a problem with almost all expert advisors that are …
EUR/USD remained mainly unchanged after today’s releases of the macroeconomic statistics in U.S. The overall trading day was bullish for the currency pair — it rose from 1.5715 to 1.5783, but it failed to set a new record high level today. The yesterday’s high value at 1.5902 remains the highest rate that EUR/USD …
The EUR/USD currency pair reached its new absolute maximum earlier today at 1.5902, but it has significantly corrected already and is trading around 1.5750 level.
The first falling indicator that went out today to negatively affect the financial situation on the global market and weaken the …
As you can see there are huge potentials to make profits on the Forex. But like any financial market, there are risks associated with Forex trading, and even the most experienced of traders makes a wrong decision every once in a while that ends with them losing …
EUR/USD trend: hold.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.5001 | 1.5141 | 1.5407 | 1.5547 | 1.5813 | 1.5953 | 1.6219 |
| GBP/USD | 1.9591 | 1.9793 | |||||
During the last nine days, only one day didn’t bring a new absolute record level on EUR/USD; it was last Friday, March 7. Today EUR/USD reached a new maximum value at 1.5687 renewing the yesterday’s record at 1.5644.
In February seasonally adjusted CPI didn’t change at all according the report of the Bureau of Labor …
EUR/USD reached a new absolute maximum value today not so long after the opening of the European trading session. It touched 1.5626 and then traded slightly below that level. Bad economic news from the U.S. failed to move the currency pair upwards. EUR/USD even started to correct …
FxPro is a relatively new MetaTrader Forex and CFD broker, which I’ve found out recently. I’ve seen the ad for this broker on some cable channel and decided to check it out on-line. Not many Forex brokers advertise on TV nowadays, so I was kind of interested. What I really didn’t like a lot about …
The February Treasury budget deficit beat the last signs of life out of the fadollar today as the released numbers were far worse than the most pessimistic expectations of the economic strategists. The budget deficit was at $175,6 billion, while the forecasted value was at $170,0 billion. Last year February budget deficit was at $120,0 billion. That’s an astonishing …
Although the U.S. trade balance deficit in January has actually widened compared to December’s revised value, it was significantly below the analysts’ expectations. The negative difference between the exported and imported goods’ value was at -$58.2 billion which is slightly above the December’s -$57.9 billion (revised up from -$58.8 billion). The …