Blog – Page 286

March 28
2009

Forex Technical Analysis for 03/30—04/03 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 1.2638 1.2947 1.3117 1.3426 1.3596 1.3905 1.4075 GBP/USD 1.3620 1.3943 1.4130 1.4453 1.4640 1.4963 1.5150 USD/JPY 92.82 94.23 96.04 97.45 99.26 100.67 102.48 EUR/JPY 123.00 […]

March 27
2009

EUR/USD Drops Extraordinarily Fast, Fundamental News Don’t Change Anything

EUR/USD fell very deep today, mostly before any fundamental news from the U.S. were released, as the pessimism on the global stock markets mirrored itself onto the Forex market. The currency pair is now trading near 1.3311. Personal income fell by 0.2% in February in U.S., following 0.2% growth in January (revised down from 0.4%) and coming out slightly worst than the […]

March 26
2009

EUR/USD Up Slightly after Final Q4 U.S. GDP Report

Euro traded slightly stronger against the dollar today before and after the reports that only confirmed that the U.S. is still in recession. EUR/USD is currently trading near 1.3591. Initial jobless claims rose from 644k to 652k last week, while they were expected to go up only to 650k. Final Q4 GDP report showed a revised decline of 6.3% (compared to 6.2% preliminary report). The economic analysts […]

March 25
2009

Dollar Loses to Euro Moderately after Good Fundamental News

EUR/USD rose today for the first time in four days as the U.S. fundamental news came out better than expected and spurred optimism in the Forex and stocks traders. At this moment EUR/USD is trading near 1.3549 after reaching as low as 1.3417 earlier today. Durable goods orders increased by 3.4% in February after the revised decline by 7.3% in January (revised down from -5.2%). The market analysts […]

March 24
2009

4XP (Forex Place) — My Newest Forex Broker

4XP (or Forex Place) is the latest addition to the list of the Forex brokers on my site. Its the MetaTrader 4 Forex broker registered in British Virgin Islands and only recently went on-line with its services. 4XPs highlights: Moneybookers, Neteller and EcoCard for deposits and withdrawals 3 pips spread for EUR/USD Traders courses Muslim-friendly accounts CFD trading 1:300 leverage $100 minimum account size

March 23
2009

Tamley Global Markets Forex Broker with Advanced Custom Trading Platform

Tamley Global Markets is a Forex broker that was added to my site today. Its an Irish broker with the custom advanced trading platform that is capable of running several types of expert advisors and can easily automate your trading systems. It went on-line in 2007 and is regulated by Financial Services Authority of United Kingdom. TGMs highlights: Advanced trading platform Extensive expert advisors capabilities $500 minimum account size Leverage from 1:100 to 1:400 […]

March 22
2009

Plus500 — New Forex Broker with Bonuses

I added a new Forex brokers description to the site today — Plus500 — a rather new on-line broker, which is currently offering big bonus incentives for the real account traders. It offers $20 as free bonus (cant be withdrawn until certain amount of lots is traded) on an account opening and also up to 30% on your first deposit (upon trading a certain amount of lots). Other Plus500s highlights: Custom trading platform PayPal deposit option CFDs, indexes […]

March 21
2009

Forex Technical Analysis for 03/23—03/27 Week

EUR/USD trend: hold. GBP/USD trend: hold. USD/JPY trend: buy. EUR/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2149 1.2498 1.3039 1.3388 1.3929 1.4278 1.4819 GBP/USD 1.3286 1.3574 1.4019 1.4307 1.4752 1.5040 1.5485 USD/JPY 87.91 90.72 93.33 96.14 98.75 101.56 104.17 EUR/JPY 122.93 […]

March 20
2009

MT4 Indicators Update

I have updated the MT4 indicators section of the site. Each indicator now gets a separate page with the detailed description of the indicator, the explanation for each of its input parameters, the screenshot of the with the attached indicator, and the basic trading system that can be used with this indicator. They can also be downloaded in both .mq4 and .zip files from those pages. I hope this will help a lot of Forex traders who were unable to use those […]

March 19
2009

EUR/USD Continues Way Up on Yesterday News

EUR/USD continued its seemingly unstoppable growth today after the Federal Reserve pledged to buy the U.S. treasuries with the printed money yesterday. The fundamental releases were quite mixed today and couldnt affect the dollars fate. EUR/USD is now trading near 1.3698. Initial jobless claims were at 646k last week — down from 658k reported for a previous week and better than 655k […]