Day: July 7, 2012

July 7
2012

Week of Fear Boosts Dollar to Two-Year Record vs. Euro

The positive market sentiment, caused by last week’s European summit, completely evaporated this week, allowing the US dollar to gains against most of major currencies. Of course, the same risk aversion also boosted the yen, helping it to outperform the greenback. Against the euro, the US currency jumped to the highest level in two years. The first major theme of this week was monetary policy decisions of central banks. The European Central Bank cut […]

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July 7
2012

Forex Technical Analysis for Week 07/09—07/13

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.1715 1.1987 1.2135 1.2407 1.2555 1.2827 1.2975 GBP/USD 1.5130 1.5295 1.5391 1.5556 1.5651 1.5816 1.5912 USD/JPY 78.49 78.90 79.28 79.68 80.06 80.47 80.85 EUR/JPY 92.91 95.27 96.57 98.93 100.23 102.58 103.88 GBP/JPY 119.99 121.51 122.42 123.94 124.85 […]

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July 7
2012

Forex Brokers Update — July 7, 2012

There were no update posts in last three weeks, so now there is quite a lot of new changes to the brokers’ listings. First, three new companies are now listed on EarnForex.com: SkyFx is a MetaTrader 4 Forex broker from Cyprus with only one account type. Trading can be started with $500 on leverage as high as 1:300. Stocks, indexes, some commodities and bonds are also […]

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