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Day: April 27, 2013
April 272013
Dollar Soft vs. Majors, Remains Strong vs. Euro
The US dollar was mostly soft against other major currencies this week as macroeconomic data supported the positive mood of Forex traders. The euro was an exception, falling against the greenback on weak fundamentals. US fundamentals were mixed, but USD was weakened by the end of the week by slower-than-expected GDP growth (which was not bad by itself though). Britain’s growth was much slower, but was viewed on more positive […]
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April 272013
Forex Technical Analysis for Week 04/29â05/03
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2822 1.2888 1.2961 1.3027 1.3099 1.3165 1.3238 GBP/USD 1.4986 1.5091 1.5287 1.5392 1.5589 1.5694 1.5891 USD/JPY 94.80 96.17 97.13 98.50 99.46 100.83 101.78 EUR/JPY 122.90 125.02 126.43 128.54 129.96 132.07 133.48 GBP/JPY 146.16 148.06 149.97 151.86 153.78 […]
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April 272013
Forex Brokers Update — April 27th, 2013
Once again, no new brokers this week, but there are plenty of changes to report for the existing listings: 3TG FX becomes 3TG Brokers. Now supports credit cards and Moneybookers (Skrill) for payment. Offers new trading platform — 3TG Station; does not offer PAMM accounts. Website is now available in Portuguese, German, Arabic, Chinese and Russian and no longer available in Romanian and Slovak. The company no longer […]
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April 272013
Losses of Aussie Ahead of Weekend
The Australian dollar ended Friday with losses as US economic growth disappointed Forex market participants, spoiling their mood and reducing their willingness to buy higher-yielding currencies. The US economy grew slower that was expected by analysts. The growth was by no mean bad, especially compared to that of most developed nations, but it was still disappointing to traders. The Aussie lost even to the US dollar, which itself was […]
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