Today is Fri, March 6, 2015 13:58:12 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook

Top Global Market Stories

Higher Volatility Driving Investing Into Oil Funds

Billions of dollars are pouring into oil exchange-traded funds as investors, many of them small savers more familiar with stocks than commodities, risk big losses and focus on the chance of huge rewards. Five of the biggest oil ETFs have seen their assets more than quadruple since July to $5.4 billion as the oil market […]

Top Trade Ideas

Top Trade Idea For March 6th, 2015 – EUR/JPY

It’s the best of trades, and the worst of trades. The currency wars rage on, as central banks attempt to pillage each other’s domestic demand in an environment of competitive currency devaluation. The fighting is fiercest on the Eastern front, where the united forces of the European Central Bank are smashing into the imperialist resources […]

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 6th,2015 – EUR/USD

Talking Points:

  • EUR/USD Technical Strategy: Flat
  • Support: 1.0970, 1.0796, 1.0623
  • Resistance:1.1185, 1.1318, 1.1533

The Euro declined for a sixth consecutive day against the US Dollar, sinking to a new 11-year low. Near-term support is at 1.0970, the 38.2% Fibonacci expansion, with a break below that on a daily closing basis exposing the 50% level at 1.0796. Alternatively, a turn above the 23.6% Fib at 1.1185 opens the door for a challenge of the 1.1276-1318 area (January 30 close, 14.6% Fib expansion).

Prices are too close to support to justify entering short in line with our long-term outlookfrom a risk/reward perspective. On the other hand, the absence of a defined bullish reversal signal suggests that taking up thelong side is premature. With that in mind, we will remain flat for now.

EUR/USD Technical Analysis: Euro Declines for Sixth Day

Bitcoin

bitcoin brokers

Bitcoin Retraces, OKCoin Lowers Fees

Bitcoin retraced some of the gains from the rally. During the last 2 hours of yesterday’s trading session, BTC fell from $275 to $261 per coin, eventually closing the day at $264.66. Today we are trading more or less unchanged with BTC/USD quoted at $266.77 on BTC-E. As usual, prices are trading at a slight […]

Global Market Commentary

Top Trade Idea For March 6th, 2015 – EUR/JPY

It’s the best of trades, and the worst of trades. The currency wars rage on, as central banks attempt to pillage each other’s domestic demand in an environment of competitive currency devaluation. The fighting is fiercest on the Eastern front, where the united forces of the European Central Bank are smashing into the imperialist resources […]

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