Day: January 3, 2015

January 3
2015

Dollar Enters New Year on Strong Footing

This trading week was relatively calm due to the holiday season as fewer traders were participating in the market and volume was light. Yet this did not prevent the dollar from reaching new highs against its major peers. The greenback was gaining on its counterparts for the most part of the week. While there were moments when it looked like the dollar may lose its upward momentum, the US currency […]

Read more
January 3
2015

Weekly Forex Technical Analysis (Jan 5 — Jan 9)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1705 1.1852 1.1927 1.2074 1.2148 1.2295 1.2370 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1834 1.1891 1.2056 1.2112 1.2277 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

Read more
January 3
2015

Forex Brokers Update — January 3rd, 2015

The first update this year is without new companies. Instead, two companies have been delisted while several others have been updated: MFC Investment and MyTrade Markets are no longer active. Forex Optimum launched a website in Lao language. COMMEXFX added several new languages: Arabic, Spanish, Russian, Greek, Indonesian, and Vietnamese. Sensus Capital removed Czech version of its website but added Italian […]

Read more