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Day: January 24, 2015
January 242015
Week of ECB — Week of Suffering for Euro
The euro plunged against the majority of most-traded currencies this week after the European Central Bank expanded its monetary stimulus. There was another currency that suffered from its central bank’s policy decision — the Canadian dollar, which was even weaker than the euro. Forex market participants were speculating about additional stimulus from the ECB for a long time. Often, when traders anticipate an event, it turns […]
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January 242015
Weekly Forex Technical Analysis (Jan 26 — Jan 30)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0421 1.0768 1.0985 1.1332 1.1550 1.1897 1.2114 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0735 1.0921 1.1300 1.1485 1.1864 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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January 242015
Forex Brokers Update — January 24th, 2015
One new company has been listed on EarnForex.com this week: Tickmill — an offshore company that has took over the retail clients of the Armada Markets broker. The latter has switched to institutional trading only. Tickmill offers MT4 accounts starting with $2 and supports leverage up to 1:500 on currencies. Tickmill Some other brokers have been updated during the week: NordFX no longer has office in Egypt. FinFX […]
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