Serving Traders Since 2005
Forex trading experience can vary greatly during different trading sessions and days of the weeks. Some traders prefer to trade only on London-U.S. or U.S.-Asian sessions’ intersection for the biggest volume and steadier trends, others try to avoid Friday and early Monday trading or trade exclusively on Wednesdays and Thursdays (the most pip-moving weekdays). Trading …
Free Forex signals is a popular tool of many currency traders. According to my October 2009 poll, 79% of this blog’s readers use some signals, and almost 76% of them prefer free signals for their Forex trading. But are free signal services effective? Are they really …
EUR/USD trend: hold.
GBP/USD trend: buy.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: hold.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.1804 | 1.1978 | 1.2263 | 1.2437 | 1.2722 | 1.2896 | 1.3181 |
EUR/USD currency pair extended its gains today as lower-than expected nonfarm payrolls and decreasing factory orders added to signs that the U.S. economic growth slows. While the employment in the U.S. was showing troubling results for some time, the manufacturing sector previously supported the optimism for the U.S. And even it can’t support …
The EUR/USD currency pair extended its gains today as U.S. macroeconomic indicators left a very unpleasant impression today. The manufacturing sector showed a slowdown in the economic activity and home market confirmed its tremendous weakness, as pending home sales dropped a way more than was expected. Unexpected increase of jobless claims …
