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EUR/USD registered its new high in more a than week, showing a daily rise of about 0.85% today. It was going straight up from the early European Forex trading session without any regards to the fundamental indicators. The currency pair is now trading close to 1.3533.
Chicago PMI indicator …
EUR/USD declined significantly after it has set a new highest level in more than a week today. It looks like the positive consumer confidence and home price dynamics have helped the U.S. dollar to recover. EUR/USD is now trading near 1.3411 after rising as high as 1.3536 earlier.
Fx Innova is the latest Forex broker, which description was added to EarnForex.com. It’s a very new MetaTrader 4 broker that has launched on March 25. It’s based in BVI and isn’t regulated by any authority yet. This fact may change in future, but currently it has …
A new addition arrived to the Forex strategy repository on EarnForex.com today. It’s a rather mundane strategy based on the support and resistance levels, but it’s given in a systematized form with a structured description. This Support and Resistance Strategy will be easily understood even by the beginners that aren’t acquainted with the concept …
EUR/USD trend: hold.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: hold.
GBP/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3101 | 1.3301 | 1.3416 | 1.3616 | 1.3731 | 1.3931 | 1.4046 |
The main moving force behind today’s EUR/USD recovery could be not the worse-than-expected U.S. GDP data or the better-than-expected consumer sentiment report, but rather the seeming “final decision” of the Greek fiscal problems carried out by the Eurozone leading members. EUR/USD rose from its yearly bottom and went up to above …
The Forex isn’t reacting on the macroeconomic indicators today as the markets are shaken by the cut of the Portuguese credit rating by Fitch agency. EUR/USD managed to reach it’s minimum level since early May 2009 as the Eurozone’s problems spur investors in moving funds into dollar-backed assets. The currency pair is now …
The dollar rose against the euro today as the U.S. stock markets went up despite the minor fall in the existing home sales. The Richmond Fed index on the other hand helped the U.S. currency by growing up a little. EUR/USD is now trading near 1.3505.
Existing home sales were reported at a seasonally adjusted …
Many Forex brokers now offer Forex training courses — some do it for free, some offer discounts to their clients, other provide the paid educational services. Apart from the brokers, some specialized Forex companies and websites provide paid Forex training, webinars, courses, conferences, etc. Paid Forex …
2pipfixed is a Forex broker with a rather strange name; it has been added to my site today. It provides fixed 2-pip spreads on all major Forex currency pairs but the name choice is still not very wise as it limits the market flexibility of company, in my opinion. Nevertheless, the broker …
