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The latest trend development on the EUR/JPY currency pair’s weekly timeframe chart shows a strong resistance level formed near 138.56 with a support level being sloped under a rather small angle to this resistance. Thus the ascending triangle chart pattern is formed on EUR/JPY. The pattern looks almost perfect but …
EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: buy.
GBP/JPY trend: buy.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.4637 | 1.4732 | 1.4869 | 1.4965 | 1.5102 | 1.5197 | 1.5335 |
Trying to convert one of my MT4 expert advisors to MT5 I’ve finally realized what probably the biggest problem of new MetaTrader 5 platform is — the positions are now limited to one per Symbol (currency pair). In fact, the position can now be identified purely by its currency pair. …
I’ve had my first experience with the MetaTrader 5 indicator coding. It took me two days to rewrite one of my old MT4 indicators to MT5 (actually it was rather a conversion from MQL4 to MQL5). It wasn’t very easy — in fact I’ve expected some sort of backward compatibility, albeit …
EUR/USD is now finishing its third correction-after-gain 2-day pattern on the chart as the U.S. job data inspired bearish speculations for the stock markets’ correction. The currency pair is now trading near 1.4983 after setting its new yearly record at 1.5045.
Initial jobless claims increased from 520k to 531k …
Although EUR/USD managed to hit its new record high level (since August 11th, 2008) today, the currency pair is trading in a red zone as the demand for dollar pulls it down. The decreased producer prices and the below-forecast values on housing that were reported in U.S. today press heavily on EUR/USD during …
On-line services of paid and free Forex signals have became very popular recently. I even had to create a separate Forex signals subforum on the EarnForex.com forums for the free signal providers. My trading style leaves no place for using the Forex signals but many traders are fond of using them and even manage …
EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.4440 | 1.4558 | 1.4731 | 1.4849 | 1.5022 | 1.5140 | 1.5313 |
| GBP/USD | 1.5217 | 1.5462 | |||||
The EUR/USD currency pair declined on the Forex market today, close to its Wednesday open level as the U.S. treasury notes still show some demand among the foreign investors. Industrial production report also turned out to be positive for the U.S. dollar for some reason. EUR/USD is currently trading near 1.4871.…
The new Forex broker that was added to the list of the list on my site is Basel Financial. Although, its name suggests a Swiss connection (Basel is a major city in Switzerland), the company is registered and regulated by the Financial Service Commission of Mauritius, which is quite far …