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Today we’ve seen the fourth day of EUR/USD rally. Economists expect that the European Central Bank will boost its interest rates next week. The business activity in the US improved this month, but unemployment wasn’t decreasing as fast as expected. EUR/USD trades at 1.4519 now.
Initial jobless claims was …
EUR/USD snapped its gains after the Greek lawmakers said “yes” to the austerity measures, necessary to get the €78 billion aid from the European Union. Some economists commented on this behavior of the currency pair “buy the rumor sell the fact”. The euro returned to upward movement at present. The US housing market showed a staggering …
EUR/USD jumped today for the second day as hopes for Greece supported the euro. The currency pair traded sideways in the first half of today’s trading session, but surged at the second half. The positive influence of the stabilizing manufacturing on the dollar was tempered by the negative impact of the declining consumer sentiment. EUR/USD trades now at 1.4361.
It seems that all the original and interesting names that can be used with the Forex trading companies have been already taken. At least that’s what I’ve thought when I was entering data about the latest one of them to the list on EarnForex.com. Forex-Broker — that’s the name of the broker. Can’t …
OK, two weeks since my last RTATC2011 journal entry and it’s time to share my progress and offer first interesting downloads. So far, I’ve considered two different trading strategy ideas for my ATC 2011 EA:
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| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3745 | 1.3935 | 1.4061 | 1.4251 | 1.4377 | 1.4567 | 1.4693 |
| GBP/USD | 1.5515 | 1.5725 | 1.5841 | 1.6051 | 1.6167 | 1.6377 | 1.6493 |
| USD/JPY | 79.23 | 79.62 | 80.01 | 80.40 | 80.79 | 81.18 | |
EUR/USD retreated, following the jump earlier today, on concerns that Greece’s politicians won’t vote for the austerity measures that are required to receive aid from the European Union and the International Monetary Fund. Today was the second day of the EU summit in Brussels, where the European leaders discussed the economic problems of the Eurozone. The US …
EUR/USD slumped today on the speculation that the Federal Reserve won’t extend its bond purchases after the current program of asset buying will come to an end this month. Some economists even think that the Fed won’t continue the quantitative easing, but that sounds unlikely, considering current unfavorable economic …
EUR/USD rose today after Greece’s Prime Minister won a confidence vote, but erased gains on the speculation that the Greek government will struggle to implement austerity measures, which are very unpopular among Greece’s population. The currency pair remained weak even after the US central bank maintained the interest …
I’ve already discovered that Forex traders have a rather strong preference for the weekdays they trade. On the other hand, only one third of this blog readers is looking to trade during some specific Forex trading session (others don’t care). Today, I’d like to know, …
