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Forex Blog

Forex Brokers Update — May 26th, 2019

Sun, 26 May 2019 11:38

One new company became listed on EarnForex.com this week: GMO Trading — a classic CySEC-regulated MT4 Forex broker with $10 minimum account size and a multitude of trading instruments to operate in. Changes to the listed brokers this week included:

Imperial Global Markets now support Russian ruble as an account

...

Weekly Forex Technical Analysis (May 27 — May 31, 2019)

Sat, 25 May 2019 17:03

EUR/USD

Floor pivot points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
1.1032	1.1069	1.1137	1.1174	1.1242	1.1279	1.1347

Woodie's pivot points

2nd Sup	1st Sup	Pivot	1st Res	2nd Res
1.1077	1.1152	1.1182	1.1257

...

US & Eurozone Data Poor; EUR/USD Dips, Attempts to Rebound Later

Thu, 23 May 2019 14:37

EUR/USD dipped intraday as macroeconomic indicators in the eurozone were disappointing for the large part, with data from France was the only one providing positive surprises. The currency pair is attempting to rebound as US data was not good as well, but so far the EUR/USD still trades below the opening level....

Forex News

Bulls Back in the Loop on NZD/CAD

Mon, 27 May 2019 6:27

The New Zealand dollar versus the Canadian dollar appreciated after confirming the important weekly 0.8692 support.

US Dollar Ends Week Second Weakest After Great Britain Pound

Sat, 25 May 2019 21:39

The US dollar was one of the weakest currencies during the past trading week due to escalation of the trade war between the United States and China. While the greenback usually thrives in the environment of risk aversion, that was not the case this time.

Pound Falls As Theresa May Set to Resign on June 7, Later Recovers

Fri, 24 May 2019 16:52

The British pound today fell from daily highs after the British Prime Minister Theresa May announced that she would step down on June 7 from her post as party leader. Her decision took investors by surprise given that she had stood her ground before in the face of fierce opposition from within her party and the opposition for a long time.

Commodity Blog

Commodities Technical Analysis, May 27th — May 31st

Sun, 26 May 2019 15:01

The technical analysis, that includes the indicator data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continuous charts as of May 26th,...

Bitcoin Price Recovers to $8,000 As AT&T Announce BTC Payment Acceptance

Sat, 25 May 2019 12:17

Bitcoin prices recovered from their dip to $7,500, now trading at nearly $8,100, following the news that the largest telecomms provider in the world, AT&T, will ...

Copper Gains on Weaker Dollar, Zambia’s 11% Drop in Output

Fri, 24 May 2019 13:40

Copper futures are mustering up gains on Friday, but they are still poised to record a weekly loss as the industrial metal approaches correction territory....

Forex Video Zone

Marubozu Candlestick Pattern — How to Trade With This?

Sun, 26 May 2019 13:02

In this video, you will learn about marubozu candlestick pattern, which is less known to traders. This ia a pattern that you can easily identify on your charts. This is a single candlestick pattern, which occurs as both bullish and bearish pattern. How to identify this pattern? This is seen as a candlestick with a long body with no upper and lower wicks. Look at an example. As you...

Trading for a Living — A Lesson About Responsibility

Sun, 26 May 2019 12:38

This video is for those who want to trade for a living and the responsibility that is associated with that. Due to the evolution of internet, trading is now possible for retail traders and that has attracted lots of people into forex trading. However, this is not as easy as it seems to be. Some people even leave their profession in pursuit of trading and to completely rely on it for a living. However, most of these traders...

USD/JPY and AUD/USD Forecast — May 24th 2019

Fri, 24 May 2019 16:38

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the May 24th session. USD/JPY — The pair fell strongly on Thursday session. The market showed a risk-off sentiment The S&P 500 index is showing signs of recovery. That can help this pair to move to the upside. The market could possibly fill this gap, as you can see on the daily chart. The market is sitting on a strong support...