- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Author: admin_mm
September 62007
Better than Average Data from U.S. Pushes EUR/USD Above 1.3700
This is a bit confusing situation for the financial markets, since the good economical data from United States should empower USD causing EUR/USD to fall, but today good data on labor productivity and ISM services index caused EUR/USD to soar. This can be explained by the increased optimism in the U.S. economy which causes more big traders to continue carry trading, during which USD is in a downtrend. U.S. crude […]
Read more
September 42007
Euro Recovers Against USD After ISM PMI and Construction Spending
EUR/USD regained part of its losses, received earlier this day and yesterday, after some important but not encouraging data from United States. EUR/USD is still in the flat zone (speaking in long terms), but some strong intraday volatility hints for possible breakout with the direction still unknown. PMI index by Institute for Supply Management (ISM) was reported today and came out by 0.1 point lower than […]
Read more
September 32007
Mini Forex Accounts More Mini On LiteForex
LiteForex announced about some changes for their mini Forex trading accounts. These changes became active today, on September 3rd. Decreasing the minimum trading lot size, margin requirement for hedging positions and minimum deposit amount is a step towards the more easier trading for small traders and Forex newbies: Aspiring to provide to our clients the best trading conditions on international financial markets, the group of companies LiteForex (www.LiteForex.org) has made […]
Read more
September 22007
Carnival of Forex Trading September 1, 2007
Welcome to the September 1, 2007 edition of carnival of forex trading. Jimmy Atkinson presents The Day Trader’s Toolkit: 100 Free Online Apps for Professionals posted at Forex Blog. Dr. Barry Burns presents Question: What is the Best Interval for Day Trading? Part 2 posted at Top Dog Trading, saying, “Using the right time interval in your charts is critical for success. Heres’ how to find the perfect time-frame for your […]
Read more
September 12007
Forex Technical Analysis for 09/0309/07 Week
EUR/USD trend: sell.GBP/USD trend: sell.USD/JPY trend: sell.EUR/JPY trend: sell. Floor Pivot Points: Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3727 1.3480 1.3554 1.3637 1.3711 1.3794 1.3868 GBP/USD 2.0203 1.9838 1.9989 2.0110 2.0261 2.0382 2.0533 USD/JPY 116.44 112.57 114.17 115.46 117.06 118.35 119.95 EUR/JPY 159.19 152.19 154.97 157.31 […]
Read more
August 312007
Some Good Fundamentals from U.S.
Following the day of not so good (rather bad) economical news from U.S. yesterday, markets were surprised by some very optimistic indicators presented today. A reaction on both stocks and Forex markets was supportive with the stocks bulls, EUR and GBP to gain and the bears with JPY and USD to lose somewhat.Personal income and spendings number for July came out at 0.5% and o.4% growth that is higher than 0.3% expected […]
Read more
August 302007
U.S. Economy Slowing
U.S. macroeconomical data releases get a little less overoptimistic while the subprime lending crisis takes its toll and the carry trade is uncertain. This is the second week after a major carry trade crisis when the major indicators of carry trade, like GBP/JPY and EUR/JPY, are trading flat without any signs of the future for this type of financial trading. But worser U.S. economical indicators hint for some major […]
Read more
August 272007
Forex Technical Analysis for 08/2708/31 Week
EUR/USD trend: sell.GBP/USD trend: sell.USD/JPY trend: sell.EUR/JPY trend: sell. Floor Pivot Points: Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3607 1.3372 1.3523 1.3602 1.3753 1.3832 1.3983 GBP/USD 2.0018 1.9603 1.9872 2.0011 2.0280 2.0419 2.0688 USD/JPY 116.42 112.29 114.37 115.74 117.82 119.19 121.27 EUR/JPY 157.30 151.36 155.30 157.28 […]
Read more
August 272007
Boston Trading and Research Forex Broker
Boston Trading and Research is a very new Forex broker which site was opened just this year. They offer reasonable trading conditions including MetaTrader 4 platform, PayPal account funding and $500 minimum account size. BTRFX also seems a reliable company, but their quite enigmatic website may turn off some traders. Boston Trading and Research is not registered with NFA, but […]
Read more
August 212007
Where the Future of Carry Trade Lies?
Global stocks markets calmed by central banks’ generous currency interventions last week are doing quite well so far. EUR/USD and other currency pairs influenced by carry trade and subprime lending crisis chain reaction (mostly EUR/JPY and GBP/JPY) also don’t jump madly through and out the support and resistance levels anymore. But what will happen next? Will the markets just soak up the liquidity, thrown in by Fed […]
Read more