Breaking News
July 23
2007

MT4 and MT3 Broker

A new Forex broker with quite a long on-line history and good stand (since 2004) was added to the Forex brokers section of a site. FIBOGroup allows CFD and Forex trading via both Metatrader 4 and Metatrader 3 trading platforms. The minimum deposit is $300 and the leverage at which account are set up is 1:200. At FIBOGroup accounts are easily opened on-line, but they don’t allow e-gold deposits […]

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July 22
2007

Forex Brokers Update

A new addition to Forex brokers section — iFOREX is a 2 years old Forex broker with two trading platforms available to their customers — web based one, which can be ran only via IE and a dowanloadable which is similar to the platform used in FXCM Forex broker. iFOREX doesn’t allow demo accounts and is not regulated by any financial authority, so it is quite a risky broker […]

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July 21
2007

EUR/USD Technical Analysis for the 7/23—7/27 Week

General trend: bullish. Floor Pivot Points: 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.3683 1.3719 1.3772 1.3808 1.3861 1.3897 1.3950 Woodie’s Pivot Points: 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.3723 1.3782 1.3812 1.3871 1.3901 Camarilla Pivot Points: 4th Sup 3rd Sup 2nd Sup 1st Sup 1st […]

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July 20
2007

Swissnetbroker — Double Platform Broker

An interesting broker with both Metatrader 4 platform for standard and mini accounts and Currenex advanced trading platform for ECN Forex trading – Swissnetbroker is a Switzerland based Forex brokerage company aiming at both retail and institutional trading services markets. Retail traders will like their MT4 platform and pretty low minimum of $200 with scalping trading style allowed, while big traders will get all the advantages […]

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July 20
2007

EUR/USD — New Maximums, Then What?

Today EUR/USD renewed its long term maximum once again — 1.3842 is the highest rate since the November 1995. The lack of important economical releases for this day didn’t stop EUR/USD bulls from holding Euro above the crucial 1.3800 mark. But how will EUR/USD behave in the near future? Will it go for 1.4000 and then for the new absolute historical maximums? Or will it just stuck in the 1.3800–1.3900 range […]

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July 19
2007

Pip Forex — Newbie Forex Broker

I’ve written about Pip Forex before, but since then it has changed a lot. Now I see it as a very easy introductory broker for the new traders that don’t want to jump into complicated trading platform, tech analysis or anything that’s beyond simple buy/sell logic. Its easy to use platform allows fast position handling which might also be useful for scalpers (Pip Forex doesn’t […]

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July 19
2007

Key Fundamental Forex Data from U.S.

A rich day for the economical news releases from United States was today. First, the weekly initial jobless claims data came out at the better than expected level showing only 301,000 claims for the previous week which signals the continued moderation of the U.S. unemployment rate. Second, the leading indicators came out unexpectedly low at -0.3%, while analysts were expecting a growth of 0.1%. Third, Philadelphia Federal Reserve manufacturing index […]

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July 18
2007

Mixed Data from U.S. Again

Some more mixed data followed yesterday’s PPI and industrial production today. Their affect on EUR/USD could be noticed as it rallied to new decade maximum on 1.3832 and then returned back below the crucial 1.3800 mark. Consumer Price Index was released slightly better than consensus (0.2% against 0.1%, while it was quite low compared to previous 0.7% rise in June 2006). As for real estate sector — […]

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July 17
2007

Day of Economical Releases and EUR/USD Calming

EUR/USD calmed a little today, not reaching 1.3800 level, as the majority of traders expected some important data from U.S. statistics. Data came out mixed, but generally better for dollar than for Euro.Producer Price Index in June this year showed a slight decline (-0.2%), while consensus was at +0.1%. PPI excluding food & energy to he contrary increased by 0.3% (0.2% expected). For the stock market main surprise […]

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July 17
2007

Two e-gold Forex Brokers for Your Consideration

Today I am introducing two new e-gold Forex brokers to you — MFN and Neuimex. Although they are both accepting e-golde-currency for funding and cashing out, they are different brokers in many aspects. MFN offers its own trading platform and allows mini Forex accounts from $500 with a leverage up to 1:400, while Neuimex offers a platform based on Metatrader 4 with the minimum account size of $2,500 and no […]

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