Serving Traders Since 2005
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 | 1.2683 | 1.2779 | 1.2914 | 1.3010 | 1.3145 | 1.3241 | 1.3376 |
EUR/USD fell at the start of today’s trading session, but later began to rise as some economic indicators suggested that the U.S. economy recovers. Some volatility can be expected as reports showed a mixed set of readings. Number of jobless claims decreased and manufacturing conditions improved. On the other hand, GDP contracted from …
EUR/USD was volatile today and rising currently after number of orders for durable goods unexpectedly fell in June. Inventories of crude surged significantly, also surprising market participants. EUR/USD trades currently near 1.3025.
Durable goods orders unexpectedly dropped by 1.0% in June, the second consecutive monthly decrease, following the decrease …
EUR/USD currency pair went down today after macroeconomic indicators signaled about improving economic conditions in the U.S. Yesterday’s report about an unexpected surge of new home sales, together with today’s reports, promises a bright future for the U.S. economy, or at least some recovery. Consumers, obviously, hadn’t time to react …
(This post will be interesting only to those who code in MQL4 or MQL5 languages.)
Drawing a rectangle in MQL-coded indicator or expert advisor is quite an easy task in both MetaTrader 4 and MetaTrader 5 platforms. All you have to do is to call the ObjectCreate() function with rather simple parameters. …
The AUD/NZD daily chart shows an interesting situation appearing since June 1st. The currency pair is trading inside the range formed by 0% and 23.6% levels of the Fibonacci retracements drawn for the last bearish trend. The range channel isn’t very strict as there are both upward and downward spikes in it but it’s …
EUR/USD trend: buy.
GBP/USD trend: buy.
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 | 1.2452 | 1.2592 | 1.2748 | 1.2888 | 1.3044 | 1.3185 | 1.3341 |
I’ve created my second double-version (MQL4 and MQL5) indicator this week. It’s a Market Profile indicator that displays the statistical distribution of the prices in time. Market profile technique is quite popular in the stock market price action analysis and can be used quite successfully in Forex (for daily sessions). It …
I am happy to present a new design of the blog. It’s a part of the major redesign of the whole EarnForex sites. The new design still has some errors and flaws, so, please, bear with them until they are fixed. I’d be glad to receive your opinions, suggestions and bug reports regarding the new …
EUR/USD rose today above the yesterday’s open level as the macroeconomic reports from U.S. showed that the economy is recovering too slowly. Employment, housing and economic reports turned out to be negative today. The currency pair is now trading near 1.2920.
Initial jobless claims rose from 427k …
