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Day: December 19, 2015
December 192015
Weekly Forex Technical Analysis (Dec 21 — Dec 25)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0499 1.0651 1.0756 1.0908 1.1013 1.1165 1.1270 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0639 1.0733 1.0896 1.0990 1.1153 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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December 192015
Forex Brokers Update — December 19th, 2015
One more Forex broker can now boast of being listed on EarnForex.com: OneTrade — a British company with FCA regulation. It claims to offer straight-through processing accounts with direct market access via MetaTrader 4 starting with $500. The maximum leverage is 1:100. OneTrade Some listed companies have been updated during the week: OctaFX now offers Micro accounts instead of Mini. Reduced its spreads […]
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December 192015
US Dollar Ends Week of Fed Lift-Off with Gains, Future Unclear
The Forex market was in turmoil after the Federal Reserve’s decision to hike interest rates even though such an event had been expected by market participants. While the US dollar ended the week with gains against the vast majority of most-traded currencies, the future of the greenback is not that clear. The Federal Reserve decided to increase borrowing costs for the first time since 2006. The decision looked very bullish for the dollar, yet the currency […]
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December 192015
Canadian Dollar Continues to Follow Crude Oil Prices Down
The Canadian dollar ended the Friday’s trading session flat against its US counterpart. The loonie dropped against other major currencies, falling to the lowest level in three months versus the Japanese yen. As it was happening for some time lately, the Canadian currency followed crude oil prices yesterday. Unfortunately for the currency, crude is mostly going lower nowadays due to the pressure from oversupply. Prospects for an end to the US oil export […]
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