Forex Pivot Points and Technical Analysis 21 November 2014

Nov 21 2014, 06:30 GMT   Shady Bahouth Forex Daily technical analysis for major currency pairs, main support and resistance levels and intra-day trading strategies based on same day Pivot Points. EURUSD – Day Trading Strategies Bullish scenario: Long positions above the daily pivot point 1.2540$ with targets at 1.2575$ next 1.2615$ in extension. Alternatively, Bearish scenario: Short positions below the daily pivot point 1.2540$ with targets at 1.2505$ next 1.2470$ in extension. EURUSD – Daily Chart Support and Resistance levels Resistance:  1.2605, 1.2615, 1.2770, 1.2840, 1.2890 Support:  1.2505, 1.2400, 1.2355, 1.2325, 1.2240 GBPUSD – Day Trading Strategies Bullish scenario: Long positions above the daily pivot point 1.5685$ with targets at 1.5740$ next 1.5790$ in extension. Alternatively, Bearish scenario: Short positions below the daily pivot point 1.5685$ with targets at 1.5640$ next 1.5580$ in extension. GBPUSD – Daily Chart Support...

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Orbex Daily Forex Analysis For October 28th 2014

By Jay Hawk at Orbex Fundamental Currency Analysis USD: The U.S. Dollar Index is currently up +0.0650 or +0.08% to 85.5600 after opening at 85.5650 in Asia earlier today. The Greenback is mixed against most major currencies after yesterday’s release of Pending Home Sales, which increased +0.3% m/m compared to an expected +1.1% rise. Today’s U.S. economic numbers will have Durable Goods Orders (+0.4%), Core Durable Goods Orders (+0.5%) and CB Consumer Confidence. EUR: The Euro is trading fractionally higher against the U.S. Dollar today, after yesterday’s release of the German Ifo Business Climate index, which came out with a reading of 103.2 compared to an anticipated print of 104.6. Also, the EZ M3 Money Supply increased by +2.5% versus the +2.2% rise expected, and Eurozone Private Loans showed a -1.2% decline versus -1.3% anticipated. Today’s only Eurozone economic...

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Orbex Daily Forex Analysis For October 27th 2014

Guest post by Jay Hawk at Orbex Fundamental Currency Analysis USD: The U.S. Dollar Index is currently down -0.2220 or -0.26% to 85.5100 after opening at 85.6960 in Asia earlier today. The Greenback is off against most major currencies as traders tread cautiously ahead of Wednesday’s FOMC Statement and in the wake of Friday’s disappointing New Home Sales number. The annualized number of New Home Sales dropped to 466K compared to an expected 473K. Later today, the National Association of Realtors releases Pending Home Sales (+1.1%). EUR: The Euro is trading higher against the U.S. Dollar today, after the results of the EBA stress tests released over the weekend. According to the latest reports, only eight lenders of the original 25 banks found with a shortfall continue to be short a total of EUR 6.35B out of EUR 25B....

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Race for Green Pips Contest September 2014 – Apex Financial

Race for Green Pips Contest September 2014,8000$ is the total prize: 1st place has two options: 5000$ cash Or Traveling package to Georgia (for 2 persons) + 2000$ Cash. – 2nd place:2000$ Cash. – 3rd place:1000$ Link: Race for green pips Contest September 2014 , Dates: September 2014 .Contest offer: Race for green pips Contest September 2014 ,  Terms and Conditions: show your skills just with 300$. You may participate with more than one account You Compete by Apex Mini Account. Accounts leverage will be 1:200 for all participants. Hedging and Scalping are Possible during the contest. EAs could be applied. Margin Call level is 100% and Stop Out is 50%.  ...

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