Blog – Page 294

December 15
2008

EUR/USD Hits 2-Month High as Foreign Purchases Barely Cover U.S. Domestic Sale

EUR/USD posted a fourth day of growth today and soared to its highest level since October 15 as the macroeconomic outlooks worsen further for the U. S. The reports on the manufacturing sector confidence, the international capital and the industrial production flows disappointed investors and the dollar bulls. EUR/USD is currently trading near 1.3564. NY Empire State index fell slightly in December — from -25.4 to -25.8, setting a new […]

December 14
2008

FOREX UKRAINE MetaTrader Broker with 6-Year History

FOREX UKRAINE is a rather standard MetaTrader broker, which description is now available on my site. It doesnt offer any additional platforms (for example, the web-trading one) and has 3 pips average spread on EUR/USD currency pair. But other than its strange desire to use all caps in its title and the location in Ukraine (not the best regulation for the Forex brokers), FOREX UKRAINE is quite a nice […]

December 13
2008

Forex Technical Analysis for 12/15—12/19 Week

EUR/USD trend: buy. GBP/USD trend: hold. USD/JPY trend: sell. EUR/JPY trend: hold. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2217 1.2466 1.2917 1.3166 1.3617 1.3866 1.4317 GBP/USD 1.4277 1.4478 1.4711 1.4912 1.5145 1.5346 1.5579 USD/JPY 83.26 85.93 88.55 91.22 93.84 96.51 99.13 EUR/JPY 114.66 […]

December 13
2008

Forex Forum Launched on EarnForex.com

My Forex forum officially opens its doors for the Forex traders, theorists and Forex newbies today. The intent was to create a nice place for the market participants to share their experience and knowledge with others and to communicate in a friendly and easy atmosphere. The topics for the discussion are limited only to Forex related subjects, with the separate forums for various […]

December 12
2008

EUR/USD Keeps Positions After Enourmous Growth Yesterday

EUR/USD continues to keep its position on the Forex market today after gaining 2.5% yesterday. The macroeconomics continued to hurt the U.S. markets and the dollar today, showing some really bad reports. EUR/USD is currently posting a moderate advance and is trading near 1.3395. PPI decreased faster than the traders expected, losing 2.2% in November after posting -2.8% value in October. The median […]

December 11
2008

EUR/USD Posts Biggest Weekly Gain in Years

EUR/USD gained today at the same pace as on Monday and now the currency pair is showing its biggest weekly gain on record. The stock market optimism removed the risk-averting mood from the markets and the euro is gaining over the U.S. dollar, despite the fundamental indicators that signal a strong recession in the United States. EUR/USD is trading near 1.3229 level now. Export and […]

December 10
2008

EUR/USD Up as Stock Markets Rally

EUR/USD returned to the upward daily trend today after pausing in an uncertainty yesterday. The main driver for todays growth was the stock market rallies in U.S. and Europe that dont have any fundamental background but are rather based on the fact that the traders are already tired of the selling and see some short-term optimism in the anti-crisis measures taken by the global governments. EUR/USD is currently trading near 1.3010. Wholesale inventories decreased by 1.1% in October after […]

December 9
2008

Sucden British Multi-Market Broker

Sucden is a financial trading broker providing its services for the Forex, CFD, futures and equity markets. Its based in the United Kingdom and is regulated by the Financial Services Authority. Since 2007 Sucden Financial Ltd offers its own custom Sucden Smart trading platform to unite several popular financial markets (including Forex). Although the mini-lots trading is available, the minimum account size is very high — […]

December 8
2008

WH SelfInvest — ECN Forex Broker from Luxembourg

WH SelfInvest is an old financial broker which based in Luxembourg and which can boast quite a long on-line presence in the financial trading markets (from 1999). It started to offer the Forex trading services on-line in 2005. WH SelfInvest provides its own custom standalone program for trading and also offers a web-based platform that can be ran from the browser. Trading through ECN is also available, but […]

December 7
2008

Arab Financial Brokers — Kuwaiti Forex Broker

Arab Financial Brokers (or simply AFB) is a Forex broker located and regulated in Kuwait. As its title suggests AFB is created by the Muslim traders for the Muslim traders and its offering all the respective services — including the no-interest trading accounts. Of course, non-Muslim Forex traders are also welcome to join Arab Financial Brokers and they will also gain the advantages (and also disadvantages) of their no-interest accounts. The broker offers MetaTrader 4 platform with mini-trading and leverage […]