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Bitcoin Still Undecided as Range Persists

Bitcoin is still undecided. Prices has been trading in a $5 dollar range today, with a low at $220.75 and a high at $225.50. We are currently quoted right at the highs, $225.49 for one bitcoin. The chart below shows today’s uneventful price action on BTC-E. Let’s take a look at another chart. After a […]

    Top Trade Ideas

    Top trade idea for September 2nd, 2015 – GBP/CAD

    Crude oil prices fell sharply on Tuesday, ending their recent good run of form.  After a small bounce back this morning, crude prices came under renewed selling pressure this afternoon following the release of the official US stockpiles report from the EIA which showed among other things a sharp build of 4.7 million barrels for […]

    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 September 2nd ,2015 – EUR/USD

    Talking Points:

    • EUR/USD Technical Strategy: Flat
    • Euro Finds Support Below 1.12 Figure, Attempts to Resume Recovery
    • Waiting for Signs of Long-Term Down Trend Resumption to Get Short

    The Euro is attempting to resume the upside correction launched a month ago against the US Dollar having found support above the 1.11 figure. Prices hit seven-month highs last week but failed to maintain momentum above the 1.17 mark. Still, the series of higher highs and lows carved out from the August 5 low remains intact.

    Near-term resistance is now at 1.1368, the 23.6% Fibonacci expansion, with a break above that on a daily closing basis exposing the 38.2% level at 1.1501. Alternatively, a reversal back below the 14.6% Fib at 1.1287 initially clears the way for a test of the August 28 low at 1.1155.

    The long-term EURUSD trend remains bearish. That paints the current upswing as well as the larger advance from lows in mid-March as ultimately corrective. With that in mind, we will remain on the sidelines until positioning produces actionable confirmation of down trend resumption.

    EUR/USD Technical Analysis: Trying to Re-launch Recovery

    bitcoin brokers

    Bitcoin Still Undecided as Range Persists

    Bitcoin is still undecided. Prices has been trading in a $5 dollar range today, with a low at $220.75 and a high at $225.50. We are currently quoted right at the highs, $225.49 for one bitcoin. The chart below shows today’s uneventful price action on BTC-E. Let’s take a look at another chart. After a […]

    Global Market Commentary

    Top trade idea for September 2nd, 2015 – GBP/CAD

    Crude oil prices fell sharply on Tuesday, ending their recent good run of form.  After a small bounce back this morning, crude prices came under renewed selling pressure this afternoon following the release of the official US stockpiles report from the EIA which showed among other things a sharp build of 4.7 million barrels for […]

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