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EUR/USD currency pair is falling after sharp advance as virtually all of the economic reports from the US were better than expected. At the same time concerns about Ireland’s banks are driving the euro down, as well as a downgrade of Spain’s debt rating. EUR/USD trades near it opening level of 1.3626 …
RVMarkets isn’t particularly outstanding Forex broker. They offer rather generic conditions for the non-US MetaTrader brokers — low minimum account size, micro-lots, on-line payment systems for account funding/withdrawals, high leverage, etc. At the same time they don’t go beyond Forex and offer only currency pairs for trading. The company …
EUR/USD rose today as the reports from the US were far worse than expected, even though the expectations themselves were rather pessimistic. The currency pair most likely won’t be able to retain its rally for long time as it tends to decline after being boosted by good news. EUR/USD now …
Automated Trading Championship (ATC 2010) — one of the biggest events in the world of automated Forex trading — starts in one week from today — on Monday, October 4. The championship will be conducted among the expert advisors written in MQL5 for the MT5 trading platform. The registration has closed and, according to the official …
I don’t remember who suggested reading this unusual “trading book” to me but whoever that was, I am sincerely thankful to that person. Nassim Taleb is definitely a counter-establishment trader and financial writer and, while usually that means something bad to me, in this case that property turns …
EUR/USD trend: buy.
GBP/USD trend: buy.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.2718 | 1.2873 | 1.3182 | 1.3337 | 1.3646 | 1.3801 | 1.4110 |
EUR/USD currency pair surged today as reports about durable goods orders and new home sales both posted less-than-expected values. The currency pair actually began its rally before the reports and the data just supported existing trend. The reason for the previous advance was most likely unexpectedly improving German business …
EUR/USD currency slipped today as economic data from Europe suggested about struggling recovery, while reports from the US, including existing home sales and leading indicators, were encouraging. Number of unemployment claims unexpectedly increased, though. EUR/USD trades currently near 1.3332.
Initial jobless claims posted an increase …
I’m not sure if there is some sense in having so many similar Forex e-books that try to cover all trading topics at once and introduce them to the beginning trader but today I’ve added another one to EarnForex.com. It’s titled “Forex Trading” and goes through all important …
The Federal Reserve decided to keep interest rates at it current record low levels, increasing concerns for the US economy and driving dollar down. Better than expected report on building permits clearly wasn’t able to outweigh the Fed decision. EUR/USD trades now at 1.3202 after it opened at 1.3061.