Top Menu

Feedburner

Right-Side Top Menu

Forex Blog
My Forex experience and some Forex related information that might be useful to other traders

Archive

Archive of Forex blog posts for September, 2011

Cloud VPS from Bulgaria — LinkUpHost

September 20th, 2011

LinkUpHost is a new Forex VPS hosting company that was added to EarnForex.com today. It’s based in Bulgaria and its most notable feature is the cloud VPS hosting. Of course, not everyone needs their VPS to be cloud-hosted (especially, common Forex traders), but such possibility …

Two Forex Articles by Chinedu Ilobinso

September 19th, 2011

I’ve uploaded two new Forex articles to the site today. Both were submitted by a new author — Chinedu Ilobinso, a Nigerian investor, trader and Forex author. The first article is about defining properties (Risk, Entry, Stop-Loss and Target) of your positions clearly before you even enter a trade. The second article …

Swedish VPS Service — HostPlate

September 18th, 2011

HostPlate is a Swedish hosting company that specializes in VPS. Although it doesn’t offer any Forex-specific services but MetaTrader can be installed on customer’s request. The company is based in Sweden, but its severs are physically located in Netherlands. Here are some of the main features of this hosting:…

Forex Technical Analysis for Week 09/19—09/23

September 17th, 2011

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.3122 1.3309 1.3553 1.3740 1.3984 1.4171 1.4415
GBP/USD 1.5521 1.5613 1.5700 1.5792 1.5879 1.5971 1.6058
USD/JPY 75.29 75.91 76.34 76.96 77.39 78.01

Optimism About Europe Wanes, EUR/USD Down

September 16th, 2011

EUR/USD reversed its rally today on concerns the European leaders won’t be able to contain the debt crisis. The European Union finance ministers meet today in Wroclaw, Poland. Finland’s Finance Minister Jutta Urpilainen said it’s unlikely they reach an agreement about measures necessary to deal with the debt issues.…

EUR/USD Rises as ECB Boosts Liquidity

September 15th, 2011

EUR/USD rose today for the second day as the European Central Bank announced it will lend dollar to the bank of the Eurozone, reducing concerns about liquidity. There was plenty of macroeconomic data from the US, but it was rather confusing. Consumer prices, current account and industrial production signaled about recovery …

European Leaders Work on Resolution for Crisis, EUR/USD Rises

September 14th, 2011

EUR/USD rebounded from the earlier decline today on the speculation the European leaders are working toward resolution of the debt crisis and may reach success. The currency pair was rising today, corrected by 12:45 GMT, but currently resumed its advance. Today there was plenty of data from the US, but nothing …

EUR/USD Rebounds, Helped by Stocks

September 13th, 2011

EUR/USD rebounded today, receiving boost from French banks shares. Earlier the currency pair dropped as expectations of joint actions by Germany and France to resolve the European debt crisis proved to be wrong. Import and export prices in the US showed a positive tendencies last month, but the positive effect of the report was overshadowed …

Can SNB Hold EUR/CHF Above 1.2000?

September 12th, 2011

The Swiss National Bank has announced a minimal level of the national currency (Swiss franc) relative to the euro almost a week ago. During these 4 and a half days of trading, the EUR/CHF rate moved in a range slightly above 1.2 level — between 1.2009 and 1.2185, which is within 1.5% of the target …

Forex Technical Analysis for Week 09/12—09/16

September 10th, 2011

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.2772 1.3199 1.3427 1.3854 1.4082 1.4509 1.4737
GBP/USD 1.5381 1.5612 1.5745 1.5976 1.6109 1.6340 1.6473
USD/JPY 75.68 76.18 76.87 77.37 78.06 78.56
Want to get a bonus? Get Forex Bonus!