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• $200 minimum account size to start trading and 0.1 lot minimum trade size.
• Spread vary between 2 and 3 for EUR/USD.
• Offers trading with gold and silver.

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• Forex, CFD and futures are available for trading.
• Trading contests with real cash prizes.
• WebMoney is accepted as a payment method along with the wire transfer and credit cards.

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Read the rest of Consolidation at Support Line on EUR/CHF W1 — March 7th 2010 (18 words)

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Read the rest of Forex Technical Analysis for 03/08—03/12 Week (14 words)

Nonfarm payrolls were at -36k in February from a previous revised reading of -26k in January. This report brought more positive news than what forecasts suggested at -56k jobs.

Unemployment rate held at 9.7 percent in February, the U.S. Bureau of Labor Statistics reported today. Employment fell in construction and information, while temporary help services added jobs. Average hourly earnings increased by 0.1% compared to 0.2% — the average forecast for this indicator.

Consumer credit increased by $5.0 billion in January from a previous revised decline of $4.6 billion in the previous report. Forecasts were completely wrong expecting a reading of -$4.2 billion.
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Pending Home Sales, a forward-looking indicator based on contracts signed in January, fell 7.6% to 90.4 from a revised number of 97.8 in December. The actual figures came considerably below forecasts which expected an increase of 1.4% in pending home sales.

U.S. factory orders advanced 1.7% in January from a previous revised advance of 1.5% in December. Forecasts expected a less expressive advance of 1.4% for new orders.

Nonfarm business productivity was revised from 6.2% to 6.9% during the fourth quarter of 2009, while forecasts expected the rate to be at 6.2% like the previous report.

Initial jobless claims were at 469k last week from a previous revised data of 498k applications. Forecasts were near the correct number expecting 472k applications.
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Nonfarm payrolls were at -20k in February from a previous revised reading of -60k in January. This report came within the range of forecasts that expected -15k jobs.

U.S. crude oil inventories increased by 4.1 million barrels from the previous week. At 341.6 million barrels, crude oil inventories are above the upper limit of the average range for this time of year. Total motor gasoline inventories increased by 0.7 million barrels last week, and are above the upper limit of the average range.

ISM non-manufacturing index rose to 53.0 in February from a previous reading of 50.5 in January. This report came slightly above forecasts that expected this index to be at 51.
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ISM PMI Index was to 56.5 in February with a slighltly lower result for this index from a previous reading at 58.4. Forecasts expected this manufacturing index to be at 57.7. Readings above 50 mean expansion in the sector.

Total construction spending declined by 0.6% in January confirming numbers expected by forecasts, and from a previous decline of 1.2% in December.
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Preliminary GDP report for last year’s fourth quarter showed a growth of 5.9%, from the previous advance report that showed showed an increase of 5.7%. Forecasts expected a decline to 5.6%, being the GDP numbers an optimistic sign of recovery in the U.S. economy.

Existing home sales declined to a seasonally adjusted annual rate of 5.05 million units in January from a previous revised reading of 5.44 million units in December. The actual figures came considerably below forecasts that expected 5.51 million units sold.

Michigan Consumer Sentiment index declined to 73.6 in February from a previous reading of 73.7 in January. Forecasts expected this important confidence index to be at 74.0.

Chicago PMI rose to 62.6 in February from a previous reading of 61.5 in January. Forecasts missed out once again expecting a decline to 59.6 for this business barometer index.
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