The U.S. dollar dropped against the euro today after some rather good fundamental reports on employment and total economic output. But the upward spike on the EUR/USD chart, which is significantly higher than the daily gain hints that the bearish sentiment among the traders is still quite strong near 1.4670…
EUR/USD continued to fall today in the Forex market despite the optimistic stock market conditions and good housing report. It’s either that the euro is losing its attractiveness to the global investors or the greenback is beginning to really benefit from the better prospects for the U.S. economy. EUR/USD is currently trading near 1.4537.…
I am always open to interviewing Forex brokers and other interesting Forex companies. I believe that the readers of this blog are very interested in hearing about Forex trading from the people that form the industry as we trade. Last week, a Director and Vice President of Azurite Markets, Adam D. Neal,…
I’ve always wondered how much other traders are risking with their Forex trading accounts. Personally I come really conservatively to limiting my Forex trading account’s size, I never keep it above $10,000 and I am always withdrawing “extra” profits, because sometimes I am entering really ugly losing…
Azurite Markets is a latest addition to the list of the Forex brokers on my site. It’s a company registered in England and Wales and regulated by the Financial Service Authority (FSA). The most notable feature of this broker is that it offers a large variety of the trading instruments, including but not limited to:…
EUR/USD trend: sell.
GBP/USD trend: hold.
USD/JPY trend: buy.
EUR/JPY trend: buy.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
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EUR/USD went up slightly at the Forex market today as the traders are unsure whether it’s a good idea to go for a full-scale correction after months of growth. The currency pair was in a consolidation during the early trading session but then went into a green zone after the traders began to react on the positive consumer…
After posting a first major declining day since September 1st yesterday, EUR/USD returned to the growth today. The good employment report from U.S. helped the euro to maintain a rather high intraday levels against the U.S. dollar, but the yesterday’s high wasn’t broken yet. EUR/USD is now trading near…
EUR/USD managed to reach its new high level since late September 2008 and then went down below the daily open level today. The FOMC decision played the major role in today’s decline of the euro against the U.S. dollar. Currently EUR/USD is trading near 1.4764 after reaching as high as 1.4842…
Today I’ve added another Forex broker to the site — E-Global Forex. It’s not a new broker (they’ve been on-line since 2007) and they also have a rather popular IB company working for them — Forex4you (which has some additional features compared to E-Global). Apart from the standard…
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