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Day: March 2, 2013
March 22013
Yen Posts Weekly Gains Despite Intervention Threat
The Japanese yen rallied this week amid fears caused by the election in Italy and the threat of automatic budget cuts in the United States. The rally surprised some investors as they have expected that the currency would stay weak because of the intervention threat. The yen surged tremendously at the start of this week as traders were afraid that the Italian election would produce weak and divided government. The outcome of the vote was exactly the one market participants […]
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March 22013
Forex Technical Analysis for Week 03/04â03/08
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2533 1.2749 1.2885 1.3102 1.3237 1.3454 1.3589 GBP/USD 1.4690 1.4837 1.4926 1.5073 1.5162 1.5310 1.5399 USD/JPY 87.78 89.32 91.45 92.99 95.11 96.65 98.78 EUR/JPY 112.13 115.41 118.63 121.91 125.12 128.40 131.62 GBP/JPY 133.00 135.41 137.96 140.37 142.92 […]
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March 22013
Forex Brokers Update — March 2nd, 2013
This week have not brought any new broker listings but it has resulted in changes to descriptions of some of the existing brokers: Saxo Bank now supports MT4 in live and demo accounts. ICM Capital offers 1:400 leverage instead of 1:200 for currencies in Standard account type. Liquid Markets opens an office in Portugal. Profiforex now supports OKPay for deposit/withdrawal, offers PAMM accounts, free education and affiliate program. Added […]
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