Today is Wed, March 4, 2015 10:30:49 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook

Top Global Market Stories

As Demand Grows, Saudis Boost Oil Price to Asia Most in 3 Years

Saudi Arabia, the world’s largest crude exporter, increased the pricing terms for Arab Light sold to Asia by the most in three years as demand improved. State-owned Saudi Arabian Oil Co. said Tuesday it will sell cargoes of Arab Light in April at 90 cents a barrel below Asia’s regional benchmark. That narrows the discount […]

Top Trade Ideas

Top Trade Idea For February 27th, 2015 – USD/CAD

Tuesday’s trend peak in Dollar: CAD confirmed the resistance line of a descending triangle formation. This looks to me like a situation that might provide a trade setup in either direction. The bullish scenario comes out of the Elliot wave playbook. The last major swing higher has the potential to be an impulsive 3rd wave […]

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 March 3rd,2015 – EUR/USD

  • EUR/USD Technical Strategy: Flat
  • Support: 1.1185, 1.0970, 1.0796
  • Resistance:1.1318, 1.1533, 1.1659

The Euro continues to digest losses after issuing its largest daily decline in nearly a month against the US Dollar. A daily close below the 23.6% Fibonacci expansionat 1.1185 exposes the 38.2% level at 1.0970. Alternatively, a reversal above the 1.1276-1318 area (January 30 close, 14.6% Fib expansion) clears the way for a test of the February 3 high at 1.1533.

Risk/reward considerations argue against entering shortin line with our long-term outlook as prices sit squarely at support. We will remain on the sidelines for the time being, waiting for a more actionable opportunity to present itself.

EUR/USD Technical Analysis: Standstill Above 1.11 Continues

Bitcoin

bitcoin brokers

Bitcoin Breaks $266 Resistance, $300 Eyed

After fighting with the $266 mark for almost a day, bitcoin finally managed to rally higher. The breakout happened in the last few hours of today’s trading session. Bitcoin took out the temporary daily high at $272.99 and rallied exactly $10 dollars higher to $282.99. We have since fallen back somewhat, prices are currently trading […]

Global Market Commentary

USD/CAD – RBA Decision has the Loonie Bear Concerned

RBA keeps rates on hold Abe’s Aide guides Yen higher Will CAD’s GDP influence BoC Poloz? Market to focus on NFP Capital markets are finally on the move albeit slowly. Record low bond yields, record high global equities indices, and strained forex ranges are beginning to provide more trading opportunities in these first few days […]

Breaking News

Global Markets

USD
USD
EUR
EUR
GBP
GBP
JPY
JPY
Gold
Gold
Exotics
Exotics
CHF
CHF
AUD
AUD
NZD
NZD
CAD
CAD
Oil
Oil
 
Complete Calendar
Free Expert Advisors by email