Serving Traders Since 2005
EUR/USD jumped today to the highest level in three weeks on anticipation of a bailout for Greece. All US economic reports were below forecasts today, further boosting the currency pair. EUR/USD trades near 1.4378 now.
S&P/Case-Shiller home price index (seasonally-adjusted) declined by 3.5% in March 2011 from March 2010. Traders …
Please welcome the latest addition to the list of Forex brokers at EarnForex.com — Bloombex. Apart from exploiting the popularity of Michael Bloomberg‘s name, this company is notable for offering very simple starting conditions for trading, using their web-based proprietary trading platform. It’s only $100 to open an account …
Today is the fifth anniversary of the EarnForex blog. The first post was written by me on May 29, 2006, using the Blogger (Blogspot) hosting. Since then, this blog has migrated to WordPress, changed its design and grew in size enormously.
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Although what you can currently see on the daily chart of AUD/JPY isn’t a classic example of the symmetrical triangles chart pattern, it’s still worth mentioning, and a potentially profitable trade may spring from it. But the biggest problem is that the previous trend for this pattern isn’t very clear. Immediately …
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3718 | 1.3844 | 1.4072 | 1.4198 | 1.4426 | 1.4552 | 1.4780 |
| GBP/USD | 1.5748 | 1.5903 | 1.6203 | 1.6358 | 1.6658 | 1.6813 | 1.7113 |
| USD/JPY | 78.74 | 79.72 | 80.25 | 81.23 | 81.76 | 82.74 | |
EUR/USD advanced today as the tide of bad news from Europe seems to calm down, while the US house market performed simply terrible last month. The positive sentiment of the US consumers currently pushes the currency pair to the downside, though. EUR/USD trades near 1.4235 now after it jumped as high as 1.4298 …
EUR/USD advanced today as the US economy expanded less than anticipated in the first quarter of this year and jobless claims unexpectedly increased. The currency pair jumped at the opening of the trading session and held its gains, slowly advancing on the negative US reports. EUR/USD trades currently at 1.4200.
US GDP grew 1.8% in the first …
EUR/USD slipped today as the European woes continue to plague markets, but recently it quickly rose, almost erasing losses. The report about durable goods orders was even worse than pessimistic forecasts. Forecast for tomorrow GDP report are optimistic, though. EUR/USD trades at 1.4091 now after dropping …
EUR/USD rose today after two sessions of decline. The decline of the currency pair was caused by concerns that the European economy is weakening, but the report about the German business climate (Event A on the chart) showed that the economic conditions remained stable. The US data was positive for the hosing market, but …
I mean how big are your positions when you trade Forex? Do you trade with cents or do you prefer mini-Forex lots? Or is that too small for you and you trade with full-size lots or even million-unit lots? Personally, I prefer cent lots for their flexibility, but …