Today is Tue, September 30, 2014 11:47:25 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook

Top Global Market Stories

Forex Carry Trades Are in Trouble

Volatility is the forex investor’s greatest ally. In the month of September, there has been no let up from this key variable that had been missing during the Group of Eight central bank lower-for-longer interest rate stretch of the past two years. Volatility provides investors opportunity, something that has been in abundance for a number […]

Top Trade Ideas

Top Trade Idea For September 29th, 2014 – SGD/JPY

In early August, SGD/JPY (the Singapore dollar against the Japanese yen) hit a low near 81. Five weeks later, it began a serious uptrend which saw a rise of more than 500 pips. For the past week or so, it has consolidated within a narrow range. This should provide us an opportunity to join the […]

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 29th,2014-EUR/USD

  • EUR/USD Technical Strategy: Short at1.3644
  • Support: 1.2659, 1.2602, 1.2532
  • Resistance:1.2760, 1.2813, 1.2900

The Euro continues to face heavy selling pressure, with prices now approaching the weakest levels in close to two years against the US Dollar. A daily close below the 1.2659-73 area marked by the November 2012 low and the 38.2% Fibonacci expansion exposes the 50% level at 1.2602. Alternatively, reversal above the 1.2754-60 zone bracketed by the July 2013 bottom and the 23.6% Fib opens the door for a test of the 14.6% Fib at 1.2813.

We sold EURUSD at 1.3644 in line with our long-term fundamental outlook and have since booked profit on half of the position. The rest remains open to capture any further downside momentum with a stop-loss at 1.3583, our initial objective.

EUR/USD Technical Analysis: Euro Trying to Expose 1.26

Bitcoin

bitcoin brokers

Bitcoin on a Six Day Losing Streak

Bitcoin is now on a six day losing streak. The highly volatile trading session started with prices at $374. From here, BTC/USD fell to a new multi-day low of $361 only to rally 24 dollars to a high of $385 just six hours later. For a while it looked like the cryptocurrency may end its […]

Global Market Commentary

Forex Carry Trades Are in Trouble

Volatility is the forex investor’s greatest ally. In the month of September, there has been no let up from this key variable that had been missing during the Group of Eight central bank lower-for-longer interest rate stretch of the past two years. Volatility provides investors opportunity, something that has been in abundance for a number […]

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
ArabicChinese (Simplified)EnglishGermanItalianJapaneseRussianSpanish