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Day: August 27, 2011
August 272011
Fundamentals are Bad for US Dollar, But Week Wasn’t Bad
The fundamentals this week were negative for the US dollar, weakening the currency against some major counterparts, but performance of the greenback wasn’t that bad, considering all the pressure to the downside. There were plenty of bad new for the dollar this week. Bad housing data, rising unemployment claims and slower that expected growth of the US economy. The week ended with the speech of Ben Bernanke, who hinted at possibility of additional stimulus without […]
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August 272011
Forex Technical Analysis for Week 08/29—09/02
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4209 1.4268 1.4383 1.4442 1.4557 1.4616 1.4731 GBP/USD 1.5825 1.6016 1.6191 1.6382 1.6557 1.6748 1.6923 USD/JPY 74.93 75.70 76.17 76.94 77.41 78.18 78.65 EUR/JPY 108.60 109.31 110.23 110.94 111.86 112.57 113.49 GBP/JPY 121.33 122.89 124.17 125.73 127.01 […]
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August 272011
IB of Trading Point — Mega Trader FX
Usually, we do not add introducing brokers to the list of Forex brokers on EarnForex.com. But, sometimes, IBs can be interesting enough to be listed there. Mega Trade FX is one of them. It introduces its customers to Trading Point and has very similar trading conditions. The distinctive advantage of this IB is that they offer a Forex trading competition to all their real account holders. Other […]
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