Day: December 8, 2012

December 8
2012

Australian Dollar Posts Weekly Gain Despite Mixed News

The Australian dollar rallied this week, ignoring the negative fundamentals. In fact, the news was mixed, but the currency was generally paying attention to positive ones, shrugging off negative ones. There were quite a few negative events for the Australian currency, including an interest rate cut and the report that showed slowing growth of gross domestic product. Yet the Aussie managed to gain even amid such negative influences. Of course, the Australian […]

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December 8
2012

Forex Technical Analysis for Week 12/10–12/14

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2579 1.2728 1.2828 1.2977 1.3077 1.3226 1.3326 GBP/USD 1.5852 1.5926 1.5981 1.6055 1.6110 1.6184 1.6239 USD/JPY 80.71 81.21 81.82 82.32 82.92 83.42 84.03 EUR/JPY 103.97 105.04 105.80 106.87 107.63 108.70 109.46 GBP/JPY 130.16 130.85 131.51 132.20 132.86 […]

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December 8
2012

Forex Brokers Update — December 9th, 2012

While there were no changes to the existing broker descriptions this time, two new companies got to the Forex brokers list on EarnForex.com: NetoTrade — an unregulated UK-based broker with multiple account types, starting with $100 minimum amount. All accounts are offered with MetaTrader 4 platform only. In addition to Forex, many other trading instruments are available (including stocks, indexes and commodities) — all with 1:400 […]

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