Day: May 26, 2012

May 26
2012

Record Weekly Loss of Euro in 2012

This week, the euro had its biggest weekly loss against the dollar this year as the currency was rapidly losing attractiveness amid the escalating sovereign-debt crisis. Forex market participants were running away from the currency, making it touch the lowest level since 2010 versus the greenback. Greece remains on the forefront of talks among investors as the elections in June may determine whether the country remain in the eurozone. The chance of the Hellenic Republic leaving […]

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May 26
2012

Forex Technical Analysis for Week 05/28—06/01

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2073 1.2284 1.2400 1.2611 1.2727 1.2938 1.3054 GBP/USD 1.5357 1.5493 1.5575 1.5711 1.5793 1.5929 1.6011 USD/JPY 78.07 78.58 79.12 79.63 80.17 80.68 81.22 EUR/JPY 95.92 97.63 98.68 100.39 101.44 103.15 104.20 GBP/JPY 121.46 122.80 123.77 125.11 126.08 […]

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May 26
2012

Two New Brokers and Updates for Old Ones

There are two new brokers listed on EarnForex.com: 1. FxGlory — a rather new Forex company from UAE with a prominent 1:3000 maximum leverage and free VPS hosting for traders with at least $500 in their accounts. FxGlory 2. FIBO — an offspring of FIBOGroup with CySEC/FSA regulation, $300 minimum account size and MT4/MT5 real accounts. FIBO Some of the previously listed brokers have been updated recently: AFX Capital […]

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