The EUR/USD slid to a one-year low early on Monday
The euro continued its poor performance, touching a one-year low against the US dollar; disappointing euro zone economic figures, combined with the raging Ukraine crisis, promise to keep the euro suppressed. The More...
EUR/USD – Pivot Points
Day Week Month R3 1.2122 1.2353 1.2570 R2 1.2070 1.2247 1.2329 R1 1.1976 1.2042 1.2042 S1 1.1886 1.1855 1.1856 S2 1.1876 1.1761 1.1640 S3 1.1855 1.1641 1.1537 Pivot points in the charts above More...
EUR/USD inches higher in a short squeeze, as Russia and Iraq geopolitical conflicts come into focus
The euro regained some of the lost ground on Friday, but the unfavorable geopolitical situation, the mounting sanctions and the prospect of rising oil prices are sure to cut its gains soon. The euro made a recovery More...
Two concepts you must know: Rollover and Carry trade
In forex trading positions are often kept open for more than a day. That is why it is useful to discuss the concept of rollover. The latter is the interest accrued or charged at midnight for keeping the position More...
