Day: November 8, 2014

November 8
2014

Third Weekly Drop for EUR/USD

The euro demonstrated a third weekly decline in a row against the US dollar this week. Yet the currency’s performance was not as bad as one might have expected considering fundamentals. The shared 18-nation currency managed to gain on the Great Britain pound and the Japanese yen over the week. The major negative event for the euro was the policy announcement from the European Central Bank. While the ECB did not change its monetary policy, comments […]

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November 8
2014

Weekly Forex Technical Analysis (Nov 10 — Nov 14)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.2128 1.2243 1.2348 1.2463 1.2568 1.2683 1.2788 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.2240 1.2343 1.2460 1.2564 1.2680 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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November 8
2014

Forex Brokers Update — November 8th, 2014

Three new brokers have been added this week: DenForex — an IB company of Admiral Markets. It is based in Russia and is not regulated by any authority. The broker offers MT4 platform, high leverage and low minimum to start trading. DenForex FXMoneyWorld — a Belorussian broker that is actually registered in Belize. They offer MetaTrader 4, medium leverage and $250 minimum account size. FXMoneyWorld AlumFX — an FCA-regulated company […]

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