The euro was declining at this Forex session against the dollar, than surged and now falling again. Values of jobless claims and nonfarm productivity in the US were near forecasts, but pending home sales presented a pleasant surprise for traders, growing significantly. On the other hand, factory orders rose less than expected.…
EUR/USD currency pair was rising this trading session but began to decline after reports showed that home prices and consumer confidence increased more than expected. The dollar weakened previously as a report showed that US personal income rose less than analysts estimated. EUR/USD is currently…
EUR/USD trend: hold.
GBP/USD trend: hold.
USD/JPY trend: buy.
EUR/JPY trend: buy.
GBP/JPY trend: buy.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | |||
…
The euro rose against the US dollar slightly today as the market participants reacted to the pessimistic macroeconomic reports. The currency pair was going up rather strongly during the day but then retreated on some risk-awareness doubts. EUR/USD is now trading near 1.2657.
Durable goods orders rose by 0.3% in US…
If you’ve read the first article in this series, you’re probably wondering what is with people named “Russell” and Forex scams? How does a former football star with an almost decade-long career in professional football end up in the Forex trading market and bilking millions of dollars from innocent…
EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | |||
…
Originally created for VT Trader, Quantitative Qualitative Estimation (or simply QQE) is an interesting indicator that uses a lot of moving average based smoothing on the standard RSI indicator. Although the calculation of the indicator is rather complex, the result is quite easy to use. I’ve used the MQL4 code by Roman…
Many free Forex expert advisors and indicators for MetaTrader 4 and 5 are offered on this site and many other websites on-line. That’s one of the main reason why the MetaTrader platform is so popular — the traders enjoy a lot of free user-created content that is shared and discussed by the community.…
I’m glad to announce that EarnForex.com now features a completely new design of all pages in all three currently supported languages (English, Spanish and Russian). The aim of the redesign is to offer a better on-site navigation, more informative layout of the content and to achieve a more detailed representation of the listed brokers,…
EUR/USD jumped today at the start of trading session on good GDP values in Eurozone countries, especially Germany, but later resumed its decline. Reports from US hadn’t brought any surprise, as forecast correctly predicted changes of macroeconomic indicators. EUR/USD is trading now near 1.2761 after jumping as high…