Day: October 15, 2016

October 15
2016

Weekly Forex Technical Analysis (Oct 17 — Oct 21)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0660 1.0815 1.0893 1.1048 1.1126 1.1281 1.1359 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0796 1.0855 1.1029 1.1088 1.1262 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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October 15
2016

Forex Brokers Update — October 15th, 2016

Two new companies have been listed during the first two weeks of October: CIBFX — an offshore broker (Vanuatu) with MT4 platform and a great number of markets available for trading. Accounts start at $50. CIBFX Formax — an FCA-regulated Forex broker with MT4 platform and ECN only account types. Their minimum account size is $1,000. Formax Some of the listed companies have been updated: easyMarkets has reduced its […]

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October 15
2016

Dollar Logs Big Weekly Gains as Fed Suggests Tightening Soon

The US dollar demonstrated an impressive rally during the past trading week. The currency continued to get support from the outlook for monetary tightening from the Federal Reserve and positive macroeconomic data. The Fed released minutes of its September policy meeting on Wednesday, showing that hawks were becoming more courageous while doves had become more open to an idea of an interest rate hike in the near future. This increased investors’ confidence that […]

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October 15
2016

Dollar Logs Big Weekly Gains as Fed Suggests Tightening Soon

The US dollar demonstrated an impressive rally during the past trading week. The currency continued to get support from the outlook for monetary tightening from the Federal Reserve and positive macroeconomic data. The Fed released minutes of its September policy meeting on Wednesday, showing that hawks were becoming more courageous while doves had become more open to an idea of an interest rate hike in the near future. This increased investors’ confidence that […]

Read more