EUR/USD dropped today for the second day despite the correctional wave that was forming during the last three days. After peaking at 1.3288 yesterday, the currency pair is now trading near 1.2733 as the traders continue to dump other currencies and buy U.S. dollars.
EUR/USD continued to rise today and showed a third day of gain on the Forex market, as the dollar fell after the yesterday’s rate cut decision. Federal Reserve reduced the funds rate from 1.5% to 1%. Another reason for the dollar’s decline were the macroeconomic indicators released in U.S.…
EUR/USD is currently showing a second day of growth as the situation with the markets is trying to turn back to less volatile and risky. Expectations that during today’s FOMC meeting U.S. interest rate will be cut to at least 1.00% is spurring the investors’ optimism. At a low, but still significant level,…
EUR/USD rose today for the first time after two days of decline as the decline of risk-aversion in the global economies caused the break in the current Forex trends. The fundamental from U.S. were very pessimistic today and probably won’t allow this break in the dollar and…
During the ongoing global financial crisis traders and investors leave behind the question «How to make money?» and start asking another question — «How to save money?». In my opinion, the current situation on the Forex market allows combining those two question into the one, because…
Now you can download a new free profitable expert advisor for MT4 platform. I had received it by e-mail from one of my site’s visitors and after making some minor changes (the initial version had OrderSend Error 130 popping up on too many brokers) I’ve uploaded it to the site. This expert advisor was…
EUR/USD trend: sell.
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 | |
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EUR/USD is currently down at an unusually slow rate after declining for four days at a rather fast pace. It looks like the markets aren’t yet ready for a stronger growth of dollar and need to wait a little time before continuing a strong bearish trend on EUR/USD currency pair, which is now trading…
InstaForex announced last Friday that it has started a new promotional campaign for the new and old customers, offering free $30 to the newly open trading accounts. That so called «$30 Welcome Bonus» can be given to anyone who opens a new account — both old and new customers are…
Money Management Strategies for Serious Traders by David Stendahl is a new addition to the money management Forex books listed on my site. The importance of the money management is often underestimated by the traders irrespectively to their proficiency level. What this short ebook is trying to explain, is the necessity of the…
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