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bitcoin brokers

Bitcoin Extends Move Lower, $304 Hit

After breaking past $319 yesterday, bitcoin extended the move lower to $312. The downtrend continued today with more losses to $304.05. After the lows prices rallied on BTC-E, spiking to a high of $319.45 four hours ago. But when the other bitcoin exchanges didn’t follow the move and remained flat, price fell back down. We […]

Top Trade Ideas

Top Trade Idea For December 18th, 2014 – AUDUSD

Yesterday’s FOMC decision and press conference was followed by a US dollar buying mood all over the dashboard as the Fed basically gave a timing for the possible future rate hike: a couple of more meetings away. However, if I were to pick an opposite view, I would pick audusd as a good candidate, and […]

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 17th,2014 – EUR/USD

  • EUR/USD Technical Strategy: Flat
  • Support: 1.2491, 1.2397, 1.2340
  • Resistance:1.2566, 1.2642, 1.2735

The Euro advanced against the US Dollar as expected having completed a bullish Morning Star candlestick pattern. Near-term resistance is at 1.2566, the 50% Fibonacci retracement, with a break above that on a daily closing basis exposing the 61.8% level at 1.2642. Alternatively, a reversal below the 38.2% Fib at 1.2491 clears the way for a test of the 23.6% retracement at 1.2397.

Our long-term outlook calls for a broadly stronger US Dollar against its key counterparts. With that in mind, we will treat the ongoing EURUSD bounce as a chance to get short at more attractive levels once a clear-cut trade setup presents itself rather than a buying opportunity.

EUR/USD Technical Analysis: Euro Pops to One-Month High

Bitcoin

bitcoin brokers

Bitcoin Extends Move Lower, $304 Hit

After breaking past $319 yesterday, bitcoin extended the move lower to $312. The downtrend continued today with more losses to $304.05. After the lows prices rallied on BTC-E, spiking to a high of $319.45 four hours ago. But when the other bitcoin exchanges didn’t follow the move and remained flat, price fell back down. We […]

Global Market Commentary

Top Trade Idea For December 18th, 2014 – AUDUSD

Yesterday’s FOMC decision and press conference was followed by a US dollar buying mood all over the dashboard as the Fed basically gave a timing for the possible future rate hike: a couple of more meetings away. However, if I were to pick an opposite view, I would pick audusd as a good candidate, and […]

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