Day: August 25, 2018

August 25
2018

US Dollar Weak After Trump’s Comments, Powell’s Speech

The US dollar was one of the weakest currencies during the past trading week, though the Japanese yen was actually the weakest due to the relatively optimistic market sentiment. One of the major reasons for the dollar’s weakness were the comments from US President Donald Trump who criticized Federal Reserve Chairman Jerome Powell for raising interest rates. Talking about Powell, he was speaking at the Jackson Hole symposium on Friday, saying that […]

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August 25
2018

Weekly Forex Technical Analysis (Aug 27 — Aug 31)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1219 1.1306 1.1464 1.1552 1.1709 1.1797 1.1955 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1324 1.1499 1.1569 1.1745 1.1815 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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August 25
2018

Forex Brokers Update — August 25th, 2018

One new broker was added to the list of Forex companies on EarnForex.com this week: Imperial Global Markets — an offshore company registered in St. Vincent & the Grenadines with a pretty standard offering of MT4 platform and multiple markets to trade on. Their maximum Forex leverage is 1:100 and their minimum account size is $1,000. Imperial Global Markets Some other brokers have been updated throughout the week: RoboForex […]

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