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- Weekly Forex Technical Analysis (Apr 2 — Apr 6)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.20531.21681.22451.23611.24371.25531.2630Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.21591.22261.23511.24181.2543Camarilla pivot points4th Sup3rd S...
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- EUR/USD Ticks Up in Light Trading
- EUR/USD ticked up today as the dollar was under pressure from growing fears of a trade war between the United States and China. The rally was very limited as trading was thin because Easter Monday is a holiday in many countries.Markit manufac...
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- EUR/USD Rises on Mixed US Data, Trade Wars Escalation
- EUR/USD rallied today as markets were rocked by the news that China announced tariffs on US goods in retaliation to the duties introduced by the United States on Chinese imports. As for US economic reports, employment data was surprisingly go...
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- EUR/USD Closes Higher After Disappointing NFP
- EUR/USD closed higher on Friday after the release of disappointing nonfarm payrolls and escalation of trade war rhetoric between the United States and China. Nonfarm payrolls rose by 103k in March, missing the analysts’ average esti...
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- EUR/USD Backs Off As Trade War Fears Subside
- EUR/USD backed off today after yesterday’s rally as fears of a trade war between the United States and China subsided. With no clear date of implementation of tariffs in China and the USA, chances are that the world’s two...
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- Forex Brokers Update — April 8th, 2018
- There were no new broker additions to the list on EarnForex.com this week, but we have some updates to report on:WiseTrader no longer accepts deposits via Yandex.Money and iDeal; added support for paysafecard. Their customer support service i...
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- Weekly Forex Technical Analysis (Apr 9 — Apr 13)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.20851.21501.22161.22801.23461.24101.2476Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.21501.22161.22801.23461.2411Camarilla pivot points4th Sup3rd S...
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- EUR/USD Stays Above Opening After Hawkish FOMC Minutes
- EUR/USD was gradually rising today but dipped after the Federal Open Market Committee released minutes of its March meeting, which were considered to be rather hawkish by market participants. Yet the currency pair has managed to recover a bit...
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- EUR/USD Rallies on Risk Appetite, ECB Policy Outlook
- EUR/USD rallied today on risk appetite and the outlook for an interest rate increase by the European Central Bank. Traders’ sentiment improved after Chinese President Xi Jinping talked about opening China’s markets to fore...
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- Weekly Forex Technical Analysis (Apr 16 — Apr 20)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.21241.21921.22611.23291.23971.24651.2533Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.21921.22611.23291.23971.2465Camarilla pivot points4th Sup3rd S...
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- EUR/USD Accelerates Decline After ECB Minutes
- EUR/USD, which was holding ground yesterday, was falling today and accelerated its decline after the European Central Bank released minutes of its March policy meeting. (Event A on the chart.) The notes showed that policy makers were discussi...
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- EUR/USD Rises on Monday as Markets Dismiss News from Syria
- EUR/USD rallied on Monday as markets largely dismissed the news about US performing missile strikes on Syria over the weekend. It looked like the conflict is not going to escalate, therefore traders were willing to buy riskier currencies, ign...
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- Forex Brokers Update — April 15th, 2018
- Yet another week has passed with no new broker listings being added to EarnForex.com. Updates to the listed brokers were as follows:FXTM added MetaTrader 5 platform to its FXTM Pro live accounts.City Index now offers trading in ETH/USD, LTC/U...
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- EUR/USD Falls as ZEW Economic Sentiment Disappoints
- EUR/USD slipped today as the ZEW Economic Sentiment Indicator for Germany came out far worse than was expected. The index for the whole eurozone was not good either. (Event A on the chart.) Meanwhile, US data released on Tuesday was pretty so...
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- Weekly Forex Technical Analysis (Apr 23 — Apr 27)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.20561.21531.22201.23171.23841.24811.2548Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.21451.22051.23091.23691.2474Camarilla pivot points4th Sup3rd S...
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- EUR/USD Drops on Quiet Thursday
- EUR/USD was falling during quiet trading today. The market lacked any major theme to drive currencies. Nevertheless, the currency pair was falling since the European session and continued to decline following the release of rather positive US...
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- EUR/USD Currency Pair Acts in Contradiction to Macroeconomic Data
- EUR/USD acted in contradiction to economic reports released during the current trading session. The currency started its rally after the surprisingly weak German Ifo Business Climate (event A on the chart) and continued to rise even as US dat...
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- EUR/USD Down for Third Day as US Treasury Yield Surges
- EUR/USD fell today, declining for the third consecutive trading session. Market analysts explained the dollar’s strength by the surging yield for 10-year US Treasuries, though bets on an interest rate hike from the Federal Reserve i...
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- EUR/USD Bounces as Markets Ignore US GDP
- EUR/USD was falling today following yesterday’s steep sell-off. While the currency pair attempted to recover, it ended Thursday’s session lower. During the current session, the EUR/USD pair had extended the decline intrada...
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- EUR/USD Recovers as Mario Draghi Downplays Poor Data
- EUR/USD dropped today after the European Central Bank left its monetary policy unchanged and signaled that it is going to keep interest rates low for a long time. (Event A on the chart.) Yet the currency pair bounced after ECB President Mario...
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- Forex Brokers Update — April 29th, 2018
- One new company became listed on our website during the two weeks that passed since the last update:Videforex — a rather strange amalgamation of a binary options broker, Forex/CFD platform, and a video chat. They use a custom web-based...
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- Weekly Forex Technical Analysis (Apr 30 — May 4)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.17921.19241.20271.21581.22611.23921.2495Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.19171.20121.21511.22461.2385Camarilla pivot points4th Sup3rd S...
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- EUR/USD Declines After Disappointing German Retail Sales
- EUR/USD was trading in a range at the start of Monday’s trading but began a decline shortly after German retail sales came out, turning out to be much worse than was expected. (Event A on the chart.) US macroeconomic data was not ho...
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- EUR/USD Drops Ahead of Wednesday’s FOMC Announcement
- EUR/USD fell today, dropping for the ninth time in eleven session. Market analysts thought that the currency pair was driven by the same forces as previously — mainly by anticipation of higher interest rates from the Federal Reserve. Wh...
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- EUR/USD Attempts to Rally on Profit-Taking, Fails
- EUR/USD attempted to rally today as the dollar seemed rather soft due to profit-taking that followed the greenback’s strong performance yesterday. Yet the rally failed, and the currency pair is trading near the opening level right n...