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Euro declined against the U.S. dollar today after growing during the early trading session and yesterday. The increased U.S. trade balance deficit didn’t help the Eurozone currency to advance against the greenback. Traders probably treated the drop in imports and exports as the negative …

I’ve uploaded the basic details about FXGreece broker to my site today. I guess it’s the first Greek Forex broker that I’ve seen. There were many from Cyprus, but though culturally related Cyprus isn’t Greece. Is there anything else interesting about this broker? Not much, they are quite …

The majority of the professional Forex traders spend full working day on trading. I spend no more than an hour a day to trade. Usually even less. Some traders that I know trade during London/U.S. sessions’ intersection (four hours). Actually I don’t think that the time spent on the market can …

This is my second post with some interesting chart patterns that were spotted during the past week and that can still be played out by the traders. EUR/CAD, CHF/JPY and Gold charts are presented. To me, those patters look extremely profitable and constitute great positions. I hope …

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

…

EUR/USD declined today as the unexpected data on the May employment market situation surprised and confused the Forex traders. After growing during the early trading session, EUR/USD is now trading at its June’s low near 1.3965.

Nonfarm payrolls decreased by 345k in May after sliding by 504k in April …

EUR/USD continued to fall today as the ECB kept interest rate unchanged and the U.S. productivity in the first quarter of 2009 rose faster than expected. The currency pair is now trading near 1.4121.

Initial jobless claims were at 621k last week, down from 625k reported for …

EUR/USD fell by the largest extent since April 27 today as the U.S. macroeconomic indicators failed to maintain the bullish interest in the high-yielding currencies. The oil inventories rose also pressing on the oil prices and thus on the commodity currencies. EUR/USD is now trading near 1.4122.

ADP …

Money Rain Corporation is a Forex broker with a MetaTrader 4 platform that offers quite interesting conditions to its traders. Its description was uploaded to my site today. MRC offers trading mini accounts from $100. The most interesting advantage it has is the interest on the trade balance, which is quite …

Euro continued to advance sharply against the U.S. dollar today as the U.S. are witnessing their biggest bankruptcy case in history. Economic indicators that came out from the United States today (other than GM bankruptcy) were better than expected. EUR/USD is now trading near 1.4209.…