Today is Mon, October 5, 2015 13:53:12 GMT
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Top Global Market Stories

Oil Falls 1% as Demand Doubts Rise

Oil prices fell around 1 percent on Friday, heading for a weekly decline, as weaker-than-expected U.S. economic data weighed on the energy demand outlook and Hurricane Joaquin veered away from oil installations in the U.S. East Coast. The dollar’s drop limited losses in oil. The currency fell on concerns that the U.S. economy may still […]

    Top Trade Ideas

    Top trade idea for October 2nd, 2015 – GBP/AUD

    Australia is one of those countries where England is referred to as “the old enemy”. These days, thankfully, the reference is usually confined to sporting contents. Over the weekend, Rugby World Cup hosts the English Red Roses will play against the Australian Wallabies. We turn to GBP/AUD to determine a winner. No doubt there will […]

    MT4 Trading & Education

    How To Trade The Parabolic SAR in MT4

    Hi, this is Shaun Overton with and 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 25th, 2015 – EUR/USD

    Talking Points:

    • EUR/USD Technical Strategy: Flat
    • Euro Pausing to Digest Losses After Finding Support Above 1.11 Figure
    • Lackluster Follow-Through, Choppy Ranges Make for Inconclusive Setup

    The Euro paused to consolidate having declined as expected after prices put in a bearish Dark Cloud Cover candlestick pattern. The pair has struggled with directional conviction since spiking to a seven-month high in late August. Seemingly noteworthy technical breaks have not found follow-through and sliding ATR readings are pointing to ebbing volatility.

    Looking ahead, a break below horizontal shelf support at 1.1113 exposes 1.1016, a barrier marked by a rising trend line in play since March and the August 18 low. Alternatively, a move above the September 24 high at 1.1296 clears the way for a challenge of the September 18 swing top at 1.1459.

    Positioning is inconclusive at this point. Prices are oscillating in an increasingly choppy range, offering no actionable trade setups to compel us to take a trade. With that in mind, we will remain on the sidelines and wait for greater clarity to emerge before establishing exposure.

    EUR/USD Technical Analysis: Searching for Follow-Through

    bitcoin brokers

    Bitcoin Trading in a $2 Dollars Range Today

    Bitcoin is trading in an exceptionally small range of only $2 dollars today. We opened at $236.34 and remained almost flat for the entire session. Bitcoin is currently quoted at $236.83, not even 50 cents higher on the day. Today’s low stands at $235.14 while the high is at $237.19. This puts the daily range […]

    Global Market Commentary

    US Payrolls Disappoint, Dollar Gives Up Early Gains

    Payrolls rose less than projected in September, wages stagnated and the jobless rate was unchanged as people left the workforce, signaling the global slowdown and financial-market turmoil are rippling through the world’s largest economy. The addition of 142,000 jobs followed a revised 136,000 gain the prior month that was lower than previously estimated, a Labor […]

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