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The EUR/USD declined intensively today as risk aversion remained high favoring the U.S. dollar as Chinese equities markets dropped on the country’s new lending restrictions. The euro continues to suffer from a negative sentiment fueled by concerns regarding the growing Greek budget deficit, and as data published in the U.S. came within forecasts with a slightly …

It’s been a while since the last time I’ve converted some indicator from MT4 to MT5 platform. So, today I present Support and Resistance indicator, which was initially written by Barry Stander for MetaTrader 4. It was a very simple conversion since the code was quite small in the MT4 …

The U.S. Commodity Futures Trading Commission (CFTC) has put up a new regulatory proposition for the market participants to discuss. In addition to the capital, regulatory and risk-disclosure requirements, the FCMs (futures commission merchants) and RFEDs (retail foreign exchange dealers) will be limited to 1:10 leverage maximum. Considering the popularity of 1:100 leverage in the on-line …

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

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The EUR/USD currency pair declined considerably today as China’s lending policy is tightening, declining demand for higher-yielding options in trading markets and bringing investors to purchase dollar and yen-priced assets. The euro declined versus the greenback and the several other currencies as Greece’s financial conditions continues to deteriorate and raise concerns among traders investing …

I’ve decided to make a major check for false reviews of the Forex brokers on my site today and found 6 brokers that had the false reviews. All were reviews were positive and probably came from some of their representatives, but there is a small probability that they were submitted by the competitors (I don’t …

Once again Greece’s economic situation influenced the EUR/USD currency pair setting it down after several days of gains for the European common currency. Even if the U.S. didn’t provide positive data today, the euro remained less attractive as ECB officials and Angela Merkel showed concern regarding Greece’s raising …

The EUR/USD currency pair had a day of high volatility as the dollar is experiencing a decline on its sentiment, since the U.S. economy provided some worse than expected figures in reports published during the past few days. Today’s beige book was expected with concern by some analysts with a negative tone …

One of the most important tools of trade of the Forex trader is the trading platform — a middleman between the trader’s strategies and systems and the Forex broker. In practice, a big part of the trader’s success depends on the quality of the offered platform. It can be used for analysis, order execution, money management, news receiving, communication with the broker …

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

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