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bitcoin brokers

Bitcoin Bowl Tonight on ESPN

Bitcoin is trading undecided as the year draws to a close. The fledgling cryptocurrency reversed all of yesterday’s losses and more in today’s trading session. The start of the day went relatively okay, with prices continuing the downward trend, trading to a low of $314.70. But from here BTC/USD rallied to hit a high of […]

Top Trade Ideas

Top Trade Idea For December 24th, 2014 – EUR/USD

It is understandably a very quiet day with the stock markets in Italy and Germany closed for the Christmas Eve. Elsewhere, most traders are probably out today too although that does not necessarily mean the markets won’t move. In fact, the lack of volume means there could be bouts of high volatility. Still, that will […]

MT4 Trading & Education

How To Trade The Parabolic SAR in MT4

Hi, this is Shaun Overton with ForexNews.com and OneStepRemoved.com. In this 3 minute video, I’m going to introduce you to the Parabolic SAR indicator for MetaTrader 4. If you don’t already have a demo account, you can follow along for free with an OANDA account by clicking the link below this video.  Register For A […]

Featured Chart

Chart Of The Day For December 26th,2014 – EUR/USD

  • EUR/USD Technical Strategy: Flat
  • Support: 1.2173, 1.2080, 1.1929
  • Resistance:1.2246, 1.2324, 1.2418

The Euro dropped for a fifth consecutive day against the US Dollar, setting a new 28-month low against the US Dollar. A daily close below the 61.8% Fibonacci expansionat 1.2173 exposes the 76.4% level at 1.2080. Alternatively, a reversal above the 50% Fib at 1.2249 opens the door for a test of the 38.2% expansion at 1.2324.

Risk/reward considerations argue against entering short with prices in close proximity to support. We will remain flat for now, waiting until an attractive selling opportunity in line with our long-term outlook presents itself.

EUR/USD Technical Analysis: Support Met Below 1.22 Mark

Bitcoin

bitcoin brokers

Bitcoin Bowl Tonight on ESPN

Bitcoin is trading undecided as the year draws to a close. The fledgling cryptocurrency reversed all of yesterday’s losses and more in today’s trading session. The start of the day went relatively okay, with prices continuing the downward trend, trading to a low of $314.70. But from here BTC/USD rallied to hit a high of […]

Global Market Commentary

Chart Of The Day For December 26th,2014 – EUR/USD

By Ilya Spivak EUR/USD Technical Strategy: Flat Support: 1.2173, 1.2080, 1.1929 Resistance:1.2246, 1.2324, 1.2418 The Euro dropped for a fifth consecutive day against the US Dollar, setting a new 28-month low against the US Dollar. A daily close below the 61.8% Fibonacci expansionat 1.2173 exposes the 76.4% level at 1.2080. Alternatively, a reversal above the 50% Fib at 1.2249 opens the […]

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