-
- EUR/USD Slips After US Services Data
- EUR/USD fell today, changing its direction for the third day in a row. Some market analysts predicted that the currency pair will be trading in a range in a near future as the most important fundamentals, like geopolitical risks and monetary...
-
- Weekly Forex Technical Analysis (Jun 11 — Jun 15)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.14811.15671.16681.17541.18551.19411.2042Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.15711.16761.17581.18631.1945Camarilla pivot points4th Sup3rd S...
-
- EUR/USD Drops on Eurozone Data, Trims Losses Later
- EUR/USD fell today on poor macroeconomic releases in the eurozone and concerns about potential outcome of the upcoming Group of Seven meeting, though the currency pair has managed to reduce its losses by now. As for US releases, the data was...
-
- EUR/USD Higher Ahead of FOMC Meeting
- EUR/USD rallied today as traders were anticipating that the Federal Open Market Committee will announce an interest rate hike tomorrow. Today’s strong inflation data supported such outlook. The European Central Bank and the Bank of...
-
- Forex Brokers Update — June 10th, 2018
- The last two weeks has brought in a new Forex broker listing:Equiti Global Markets — a regulated UK company with strong presence in the Middle East. They offer fixed spread trading in Forex, precious metals, and commodities via MT4 with...
-
- EUR/USD Crashes as ECB Promises No Rate Hikes in 2018
- EUR/USD was gradually rising today but crashed after the European Central Bank signaled that it is not going to raise interest rates this year. (Event A on the chart.) US macroeconomic indicators released in the United States afterwards were...
-
- EUR/USD Crashes Following FOMC Hike, Surges Afterwards
- EUR/USD tumbled today after the Federal Open Market Committee hiked its main interest rate and updated its economic projections, predicting four hikes in total this year. Yet, surprisingly, the currency pair has recovered extremely quickly an...
-
- EUR/USD Recovers As US-China Trade War Intensifies
- EUR/USD rebounded a bit following yesterday’s big slump, though the rally was not nearly enough to erase losses posted during yesterday’s session. The dollar was relatively weak today due to an intensifying trade war betwe...
-
- Forex Brokers Update — June 17th, 2018
- There were no new brokers added during the week that is ending today, just some minor updates:AMarkets opened an office in Indonesia and now also offers support service in Indonesian.24option no longer offers binary options trading.AAATrade a...
-
- Weekly Forex Technical Analysis (Jun 18 — Jun 22)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.11741.13581.14831.16671.17921.19761.2101Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.13431.14531.16521.17611.1961Camarilla pivot points4th Sup3rd S...
-
- EUR/USD Recovers After Diving Intraday
- EUR/USD fell intraday during the current trading session but managed to bounce by now. The currency pair was under influence of various factors, including US tariffs and planned retaliation to them from the European Union, the speech of Europ...
-
- Weekly Forex Technical Analysis (Jun 25 — Jun 29)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.13821.14451.15501.16121.17171.17791.1884Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.14561.15701.16231.17371.1790Camarilla pivot points4th Sup3rd S...
-
- EUR/USD Reverses Losses, Boosted by Weak Manufacturing Index
- EUR/USD was falling during the current trading session but managed to reverse its losses. The rebound gained momentum after the Philadelphia Fed reported that its manufacturing index fell this month much more than was expected. The US leading...
-
- EUR/USD Declines Under Weight of Trade War Fears
- EUR/USD declined today as the threat of trade wars continued to weigh on markets. Today’s US data did not provide a direction to the currency pair because it was mixed. The housing and consumer confidence reports were underwhelming,...
-
- EUR/USD Rallies After Intraday Drop
- EUR/USD fell today, dragged down by fears of a trade war between the United States and the European Union as well as by mixed macroeconomic data in the eurozone. Yet the currency pair managed to bounce afterwards and remained stable after the...
-
- EUR/USD Logs Small Gain on Thursday
- EUR/USD edged a little higher today after two sessions of losses. US economic data released during the trading session was below expectations, boosting the currency pair, though it fell sharply afterwards. Nevertheless, currently EUR/USD trad...
-
- EUR/USD Declines for Second Day As Trade War Fears Persist
- EUR/USD declined for the second consecutive session today even after US President Donald Trump avoided imposing the harshest possible measures against China in the escalating trade war. While markets responded positively to the news, there we...
-
- Weekly Forex Technical Analysis (Jul 2 — Jul 6)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.13731.14501.15671.16441.17601.18371.1953Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.14601.15861.16531.17801.1847Camarilla pivot points4th Sup3rd S...
-
- EUR/USD Strong After EU Immigration Deal
- EUR/USD jumped sharply today after the leaders of the European Union reached a deal about immigration. Strong eurozone inflation data also helped the currency pair. Meanwhile, US data was mixed.Both personal income and spending increased in M...
-
- EUR/USD Continues to Feel Pressure from Trade War Fears
- EUR/USD fell today as markets continued to feel pressure from fears of a trade war between the United States and their trading partners. Although all the markets took the hit, European assets were particularly vulnerable after US President Do...
-
- Forex Brokers Update — July 1st, 2018
- One new broker has been added during the last two weeks:Coinexx — an unregulated MT5 crypto/Forex broker based in the United Kingdom. They offer trading in cryptocurrencies via CFD. Traditional currency pairs are also available.Updates...
-
- EUR/USD Rallies on Soft NFP
- EUR/USD rallied today, finding help from the disappointing US nonfarm payrolls. While employment rose more than was expected, other indicators failed to meet expectations. The currency pair rallied even as new US tariffs of Chinese goods kick...
-
- EUR/USD Gets Boost from Underwhelming US Employment
- EUR/USD rallied today, getting boost from worse-than-expected US employment data. Meanwhile, data in the eurozone was good.ADP employment rose by just 177k in June, missing the analysts’ average estimate of 190k. On a positive note,...
-
- Forex Regulation Authorities
- While all transactions in a stock or futures markets are carried out under the supervision of an exchange, Forex is an over-the-counter market where the transacting parties can be from different corners of the globe. Thus, in the interest of...
-
- Script to Place Orders with Position Size Calculator
- If you have thought that trading based on the accurately calculated position size cannot get any better, think again. Now you can use a MetaTrader script to place orders based on the calculations of the Position Size Calculator indicator. The...