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Author: admin_mm
June 92007
EUR/USD Technical Analysis for the 6/116/15 Week
General trend: slightly bearish. Floor Pivot Points: 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.3045 1.3182 1.3278 1.3415 1.3511 1.3648 1.3744 Woodie’s Pivot Points: 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.3172 1.3257 1.3405 1.3490 1.3638 Camarilla Pivot Points: 4th Sup 3rd Sup 2nd Sup 1st Sup […]
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June 82007
High Street Networking On-Line Forex Broker Since 1999
One of the oldest on-line Forex brokers present on the current market — High Street Networking (ForexHSI). It started its website back in 1999 and still remains a meaningful player on the market of retail Forex services. High Street Networking supports deposits via WebMoney and has a very good browser based trading platform available to its clients. Despite of this broker being unregistered with any financial controlling organization, working with […]
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June 82007
EUR/USD at Two Months Low
U.S. dollar rallied to its two months low at 1.3320 today. Surprisingly the United States Trade Balance Deficit for April 2007 was reported almost 5 billion dollars lower than predicted $58.5 billion, whereas March Trade Balance Deficit was revised to $62.4 billion (almost a billion lower than previous value). Trade Balance Deficit tightening was caused by both lower import and higher export which […]
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June 72007
New e-gold Broker Ava FX
Today I am introducing a new Forex broker that allows e-gold deposits (not only, also PayPal, Western Union, credit card and Wire Transfer) — Ava FX. It doesn’t support Metatrader platform but it provides traders with its own platform that is claimed to be very easy to use. Good thing about this broker is that it offers bonus on client’s deposits — $50 […]
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June 72007
Focus of the Day: BoE Rates and U.S. Jobless Claims
Bank of England voted to maintain its Bank Rate (interest rate) at 5.50% level — unchanged. It wasn’t a surprise for Forex traders, but there was a slight possibility of interest rate hike from the BoE, so results are more bearish for the pound. From the United States the Initial Jobless Claims data for the previous week came — 309,000 against 315,00 expected — good result which moved EUR/USD back below 1.3450 […]
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June 62007
Finexo Forex Broker
Finexo — interesting broker that provides Forex, stocks, futures and metals trading accounts. You can trade either through their full stand-alone trading platform or through web based terminal, which allows trading from practically anywhere. Mini Forex trading is also available with the minimum account size of $100, but you’ll need to deposit it via credit card since neither e-gold nor any […]
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June 62007
New Payment Options on Marketiva
Marketiva Forex broker now accepts WebMoney and E-Dinar web currencies as the payment options. This is a very wise step from their management team, since WebMoney is the most popular e-currency in Russia (with many potential Forex traders) and E-Dinar is a promising e-currency with a great potential in the Middle East and Asia.
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June 62007
EUR/USD Unsure After ECB Speaks
Today on 13:30 (UTC) ECB statement was released as the interest rates in the Eurozone were increased by 0.25% to 4.00% as expected. Jean-Claude Trichet spoke about current and expected situations in European economy and the main lines can be concluded in the following: economy is growing at a fast pace (better than expected), while inflation remains strong (because of oil prices) and the price index will be in ECB main view. This can lead […]
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June 52007
FXcast — e-gold Forex Broker with MetaTrader 4 Platform
Another e-gold Forex broker with a low minimum account ($1) and e-gold deposit option added to Forex brokers list. FXcast — a quite new broker in the on-line market. It also supports MetaTrader platform (for accounts starting from $100) and a very high margin leverage (up to 1:400). One of the major drawbacks of this broker is that it is completely unregulated. But still — good choice for the new Forex traders […]
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June 52007
EUR/USD Surprising Peak
Forex market today brought another surprise to the traders as the USD unexpectedly fell to 3 weeks low on mixed data from Eurozone. While some major macroeconomic indicators failed to show any good data for the Eurozone, EUR/USD reached 1.3553. Although it’s rolled back pretty fast, EUR/USD is still traded above 1.3500 (which was a strong resistance level and now is a support level). ISM Services index […]
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