Archive of Forex blog posts for March, 2009

EUR/USD Slows Down but Still Up After Consumer and Manufacturing Confidence Reports

Tuesday, March 31st, 2009

EUR/USD rose today in a correction movement after three days of declining. Dollar was hurt by the unexpectedly revived interest in the stock markets and even the not-so-good reports released today couldn’t make euro to fall against it. EUR/USD is now trading near 1.3238.

Consumer confidence index rose from…

ellict — Another Indonesian VPS

Monday, March 30th, 2009

ellict is the Indonesian MetaTrader VPS hosting company active on-line since 2007. I added to the list of VPS providers on my site today. It provides pre-installed MetaTrader platforms for any Forex broker you choose and doesn’t limit your monthly bandwidth for the platform. It’s also very cheap —…

JFOC Network Solutions — VPS Hosting Update

Sunday, March 29th, 2009

JFOC is the first VPS hosting provider which description has been added to my site since I created a special section for the MetaTrader VPS hosting companies. JFOC is an Indonesian hosting company, which provides servers in the United States. JFOC’s highlights include:

  • Unix-based OS on the servers
  • PayPal

Forex Technical Analysis for 03/30—04/03 Week

Saturday, March 28th, 2009

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

EUR/USD Drops Extraordinarily Fast, Fundamental News Don’t Change Anything

Friday, March 27th, 2009

EUR/USD fell very deep today, mostly before any fundamental news from the U.S. were released, as the pessimism on the global stock markets mirrored itself onto the Forex market. The currency pair is now trading near 1.3311.

Personal income fell by 0.2% in February in U.S.,…

EUR/USD Up Slightly after Final Q4 U.S. GDP Report

Thursday, March 26th, 2009

Euro traded slightly stronger against the dollar today before and after the reports that only confirmed that the U.S. is still in recession. EUR/USD is currently trading near 1.3591.

Initial jobless claims rose from 644k to 652k last week, while they were expected to go up only…

Dollar Loses to Euro Moderately after Good Fundamental News

Wednesday, March 25th, 2009

EUR/USD rose today for the first time in four days as the U.S. fundamental news came out better than expected and spurred optimism in the Forex and stocks traders. At this moment EUR/USD is trading near 1.3549 after reaching as low as 1.3417 earlier today.

Durable goods orders increased…

4XP (Forex Place) — My Newest Forex Broker

Tuesday, March 24th, 2009

4XP (or Forex Place) is the latest addition to the list of the Forex brokers on my site. It’s the MetaTrader 4 Forex broker registered in British Virgin Islands and only recently went on-line with its services. 4XP’s highlights:

  • Moneybookers, Neteller and EcoCard for deposits and withdrawals
  • 3 pips spread

Tamley Global Markets — Forex Broker with Advanced Custom Trading Platform

Monday, March 23rd, 2009

Tamley Global Markets is a Forex broker that was added to my site today. It’s an Irish broker with the custom advanced trading platform that is capable of running several types of expert advisors and can easily automate your trading systems. It went on-line in 2007 and is regulated by Financial Services Authority of United…

Plus500 — New Forex Broker with Bonuses

Sunday, March 22nd, 2009

I added a new Forex broker’s description to the site today — Plus500 — a rather new on-line broker, which is currently offering big bonus incentives for the real account traders. It offers $20 as free bonus (can’t be withdrawn until certain amount of lots is traded) on an account opening and also up to 30% on your first…



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