Day: May 31, 2014

May 31
2014

Euro Had Decent Trading Week, Terrible Month

The euro had rather decent week, falling initially but rescued by the weekend by poor data from the United States. The monthly performance, on the other hand, was nothing but disastrous for the currency. The euro was rather soft for the most part of the week, mainly due to speculations about stimulus from the European Central Bank, but managed to bounce by the end of the week with help of poor macroeconomic reports from the USA, which hurt the dollar. […]

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May 31
2014

Forex Technical Analysis for Week 06/02–06/06

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3505 1.3545 1.3588 1.3628 1.3670 1.3710 1.3753 GBP/USD 1.6486 1.6589 1.6675 1.6778 1.6865 1.6968 1.7054 USD/JPY 100.72 101.07 101.43 101.78 102.14 102.49 102.85 EUR/JPY 136.64 137.30 138.02 138.69 139.41 140.07 140.80 GBP/JPY 167.01 168.27 169.44 170.70 171.87 […]

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May 31
2014

Forex Brokers Update — May 31st, 2014

One new broker has been added to the list of companies on EarnForex this week: Direct FX — a regulated Australian company three trading platforms: MT4, CQG and Tradable. Their floating spreads are pretty average. Leverage is limited at 1:400. Standard account can be opened with $200. Direct FX Other brokers have been updated during the week: EXNESS is no longer regulated in New Zealand. […]

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