Forex Technical Analysis for 02/01—02/05 Week
Saturday, January 30th, 2010EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | |||
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Archive of Forex blog posts for January, 2010
Dollar Continues to Advance on GDP Growth
Friday, January 29th, 2010The dollar touched a new record for 2010 versus the euro as a quarterly gross domestic product report published today surprised traders with actual figures coming considerably above forecasts, suggesting that the U.S. economic recovery is accelerating, and allowing the dollar to post a weekly gain versus a less attractive euro due…
EUR/USD Remains Bearish Despite U.S. Weak Data
Thursday, January 28th, 2010The EUR/USD continued its losing streak today despite worse-than-expected data published in the United States. The dollar declined versus most of the main traded currencies but maintained the highest rate in 2010 versus the euro as the single currency continues to be under the influenced of pessimism in the Eurozone. EUR/USD currently trades at 1.3991.
Dollar Rises on Fed Optimism
Wednesday, January 27th, 2010The euro traded for the first time in 2010 below $1.40 as the Federal Reserve stated on its interest rates decision report today that the multiple economic sectors are improving in the U.S., and economic stimulus used to help the country to emerge from last year crisis will start to be lifted, helping the greenback to gain…
Uneasy Situation
Tuesday, January 26th, 2010Hello my readers! Today I think that I need your help to solve some uneasy situation that concerns some of the reviews on EarnForex.com and thus is important for the quality of the content and information that you as the site’s visitors receive from it.
The situation involves a trader (let’s call him Joe), a broker (let’s call…
Dollar Heads Up Despite Fundamentals
Tuesday, January 26th, 2010EUR/USD declined today after a 2-day consolidation on Forex as the traders sold the pair on expectations of the important macroeconomic reports which were to come out later today. Although, the reports weren’t very surprising and were more pro-bullish for EUR/USD, the currency pair continued to remain low even after releases. It’s now trading…
Forex Reviews — Are They Useful?
Monday, January 25th, 2010My site provides the ability for the visitors to review both Forex brokers and the VPS hosting providers for the MT4 expert advisors. At the same time I provide my own reviews of both services and the occasional reviews of some other Forex sites. The Internet is full of the Forex reviews relating to all kinds of products — from the expert…
Forex Technical Analysis for 01/25—01/29 Week
Saturday, January 23rd, 2010EUR/USD trend: buy.
GBP/USD trend: hold.
USD/JPY trend: sell.
EUR/JPY trend: buy.
GBP/JPY trend: hold.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | |||
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Rather Pointless Australian Broker — Vantage FX
Friday, January 22nd, 2010The latest Forex broker that I’ve added to my site today is Vantage FX. It’s a white label partner of another Australian broker — GOMarkets. It’s a separate company regulated by ASIC, but in terms of the retail Forex services it doesn’t add anything new as a broker compared to GOMarkets.…
EUR/USD Continues Drop on Better U.S. Outlook
Thursday, January 21st, 2010Another consecutive day of losses for the European single currency this Thursday evidenced a decrease in attractiveness for the euro as services and manufacturing reports published today showed worse than expected figures in the Euroland. The U.S. dollar continued bullish today versus several currencies despite mediocre data showed in nation’s reports today. EUR/USD…
