The EUR/USD Decline After The Announcement of Nonfarm Payrolls

US Nonfarm payrolls were announced yesterday, and they were fundamentally in line with prediction. Yet this didn’t limit EUR/USD from dropping after the announcement. It was the first fall for the currency pair after four terms of gains. As for other news, production data was decent while development spending fell surprisingly. Nonfarm payrolls displayed a rise by 215k in March which was hardly above the median prediction of 206k.…

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Learn how to add Alerts in Meta Trader Indicators.

Metatrader alerts are created with the purpose for alerting you to a specific price event that you maybe interested in. Wondering how to add alerts in Metatrader indicators? Well, you should try using the MT-4 by Hannover. The overview below is an attempt to provide a general purpose remedy for your meta trading. Since every…

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The EUR/USD Reaches The Topmost Level Since October

Yesterday EUR/USD prolonged its session to the fourth continuous day, increasing to the topmost level since October 15. The unexpected growth of unemployment claims makes it even harder for the dollar to end its fall versus the euro. The US cash firmed a bit after the huge rise of the Chicago Business Barometer although the greenback still stands very vulnerable. Daily altered initial unemployment claims rose to 276k last week from 265k the week previously while…

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Crazy Strategy For Predicting Weekly Gaps on Friday.

Over trading is popularly known as an evil in the world especially in the Forex trading. Why is this so? Over-trading is kind of a malicious twin, it lacks confidence and in most cases it does not lead to direct losses. However, it can at times cost traders a lot of money because as a…

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