Blog – Page 311

May 15
2008

Dollar Steady During a Wave of Macroeconomical Releases

USD recovered from its daily minimums against euro after the important fundamental reports were released today in U.S. EUR/USD has been trading with 70 pip gain today, but currently its trading near its open rate. Only net foreign purchases and Philadelphia Fed index showed some positive developments for the U.S. economy, while other releases were of a very little help […]

May 14
2008

April CPI Disappoints Dollar Bulls

While the April CPI report was expected by many Forex traders to improve the dollar positions and helped greenback gain before the actual release, disappointing CPI reading pushed EUR/USD up from its daily lows and its now trading almost without any loss (1.5459 currently with an open rate at 1.5465). CPI (all items) was at 0.2% in April thats below the March value (0.3%) and […]

May 13
2008

EUR/USD is Entering Sideways Market

Today EUR/USD fell down on Forex after a day of growth yesterday and on the daily chart the currency pairs trend is slowly transforming into a flat pattern rather than bullish or bearish trend. April retail sales in U.S. decreased as expected they dropped 0.2%, after gaining 0.2% in March. Export and import prices rose in April. Import prices increased 1.8% after 2.9% rise in March the growth […]

May 12
2008

Forex Technical Analysis for 05/12—05/16 Week

EUR/USD trend: hold. GBP/USD trend: sell. USD/JPY trend: hold. EUR/JPY trend: hold. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.5001 1.5142 1.5311 1.5452 1.5621 1.5762 1.5931 GBP/USD 1.9078 1.9268 1.9403 1.9593 1.9728 1.9918 2.0053 USD/JPY 98.74 100.68 101.74 103.68 104.74 106.68 107.74 EUR/JPY 153.02 […]

May 8
2008

One Financial New CFD/Forex Broker

One Financial is quite a new Forex broker, that is actually specializing on CFD and other futures trading, but offers Forex trading services too. They offer Muslim-friendly accounts (with no interest or swap) and Arabic support so, its quite clear that they are aimed on the traders from Middle East. Their trading conditions are quite common 3 pips spreads on EUR/USD, $1000 minimum positions, wire and credit […]

May 7
2008

TradeView Forex — Another Broker from RCG

Today Ive added a new Forex broker to the list on the site TradeView Forex another broker that is operated by the financial company Rosenthal Collins Group, LLC (first broker from this company, which hit my list, was RCG fxtrader). TradeView Forex offers MetaTrader 4 platform without CFD trading, limited demo accounts (30-day limit) and rather tight spreads (from 2 pips). For me, it doesnt look like […]

May 7
2008

EUR/USD Falls Today as Fundamentals Improve, Less Rate Cuts Expected

EUR/USD fell today significantly, recovering from its two-day fall that was observed this week. It went down by more than 0.8% today from 1.5532 to 1.5380. Good fundamental indicators from U.S. helped dollar to strengthen on Forex. Productivity in business sector grew up in first quarter of 2008 according to a preliminary report that was released today. Annual rate of the seasonally adjusted productivity growth was 1.9% in Q1 above […]

May 5
2008

Carnival of Forex Trading — May 5, 2008

Welcome to the May 5, 2008 edition of Carnival of Forex Trading. Amy S Quinn presents Top 25 Most Influential People in Forex posted at Currency Trading.net. Heather Johnson presents 5 Unusual Things That Adversely Affect the U.S. Dollar posted at Forex Blog | FX-BAR daily forex trading blog. Jed Norwood presents Successful Forex Currency Trader posted at Forex Strategy, […]

May 4
2008

MasterForex — MetaTrader 4 Forex Broker

MasterForex existed on-line since 2006, but being very similar to other MT4 Forex brokers it has never received such traders community attention as their competitors (e.g. LiteForex or FXOpen). As its rivals MasterForex accepts WebMoney, e-gold and wire transfer for deposit/withdraw operations, trading from $1, MT4 platform, CFD trading and a flexible leverage. Unfortunately, like many other MetaTrader brokers its not registered with NFA, […]

May 3
2008

Forex Technical Analysis for 05/05—05/09 Week

EUR/USD trend: sell. 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 1.4957 1.5159 1.5290 1.5492 1.5623 1.5825 1.5956 GBP/USD 1.9229 1.9426 1.9571 1.9768 1.9913 2.0110 2.0255 USD/JPY 101.35 102.29 103.83 104.77 106.31 107.25 108.79 EUR/JPY 157.52 […]