The pair is now again in levels last seen in mid January. Update: Now 6 reasons are cited for this fall.

Here’s an update on technicals, fundamentals and what’s going on in the markets.

The list doesn’t include the regular sections, such as EUR/USD weekly outlook or the forex news section. It also excludes news items with a limited scope – items that were relevant for only day. A list of the top 5 sections follows.

Many industries are controlled by a few powerful entities, and it is great that forex isn’t one of them. What does regulation provide?

Interestingly, the IMF reports that sovereign wealth funds have also been lowering their euro-exposure, favouring the Japanese yen, the Aussie and the Canadian dollar. To add to the almost unanimous pessimism towards the euro, the overwhelming expectation of analysts polled by Bloomberg is for the euro to depreciate before year-end. To summarise then, the euro is gripped by a sovereign debt and banking crisis which very few believe Europe can resolve and traders and investors have supposedly fled the currency – it is universally despised. So, it seems reasonable to ask the following: if there has been such an incredible volume of euro-selling, why is the single currency not much lower?

According to the case settled by both sides, the company failed to provide an equal treatment to all customes  regarding adjustments in prices. It also failed to seriously investigate suspicious activity in all related accounts.

Some of the firms are based in the US, while others are from the British Virgin Islands, Belize, the UK, Australia and Cyprus. Here are their names:

On October 18th, the new leverage limits came into effect: 50:1 on major pairs and 20:1 on others. This was worse than the initial proposal of 10:1, but it still caused fury and thoughts that traders would move their accounts to foreign brokers.

The new CFTC rules limit leverage in the US, but they sure have some positive parts as well. One of the new regulations requires brokers to publish the profitability rate of their traders, and the number of their accounts. The calculation methods have been challenged and modified several times, and they seem more logical now.

• Jakob publishes 7 great tips and tricks for forex traders – this is a collaborative effort I’ve been part of.
• Kathy Lien analyzes the triangle between China, Japan and the US, and the impact on currencies.
• James Chen provides a long term analysis for gold prices.
• Lior Cohen examines the significant gap between Brent and WTI oil prices.
• James Woodley provides a complete guide for forex education.
• Andriy Miraru has an interesting poll about traders getting scammed by brokers. The methods vary.
• Casey Stubbs explains support and resistance.
• Adam Kritzer discusses the correlation between volatility and the movement of currencies.
• Jay Norris writes about trading the yen pairs, and asks to keep it simple.
• Michael Greenberg reports that yet another big US broker, FXDD, has been slapped with a class action suit.
• Francesc Riverola shows that only one of the 14 unregistered US brokers that was sued by the CFTC has responded to the claims. The others didn’t respond.

Here are some long term articles published on Forex Crunch this week: