I’ll be on vacation in Croatia for the next two weeks, taking rest from updating the site and Forex trading. My response to the e-mail messages may also be very slow. But I will return on September 13th and will immediately continue providing analysis, news and other Forex goodies to all you traders. So,…
EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: hold.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
…
EUR/USD rose today at a relatively slow pace after posting its biggest daily gain since August 3 yesterday. The rather good personal income/spending data that came out in U.S. today helped the traders to decide in favor of more risky and yielding assets, including the euro. EUR/USD is now trading…
EUR/USD reacted with a small drop immediately after the GDP release today but then retraced and is now trading with a considerable daily gain. The Q2 2009 GDP change value was expected to be negatively revised today but since the revision didn’t happen, traders react on a positive signal…
After posting a clear doji candlestick yesterday, EUR/USD is now falling down despite the good fundamental reports from U.S. accompanied by the stock market growth there today. It’s a rather uncommon case for the dollar to gain with the good macroeconomic reports, but it looks like the traders are…
The dollar is currently losing against the euro on the Forex arena after falling slightly yesterday. The European currency gains from the improved outlook for the global economy on positive consumer confidence and home price index in U.S. EUR/USD currency pair is now trading near 1.4324.
I had begun to trade Forex back in August 2005 when I first heard about the company (Marketiva) that offers free $5 bonus to start trading Forex with them. It was interesting for me to try and at that time free $5 sounded like a lot to me, so I’ve opened…
After a last weekend free of any chart patterns from me, you get two today. Both patterns are quite nice: GBP/JPY offers a good bullish opportunity with already a good entry point without even waiting for a breakout, USD/CAD is in a classical falling wedge, but the breakout is…
EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: buy.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
…
BMFN (Boston Merchant Financial) is a Forex broker with a rather strict regulation over it, because it’s registered with NFA, FINRA, PolyReg and Russian FFMS. It’s a MetaTrader broker, but it offers several other trading platform, one of which is Currenex — a rather…
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