Today is Sun, May 3, 2015 13:02:54 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook

Top Global Market Stories

bitcoin brokers

Bitcoin Back to Trading Below Important Resistance

Bitcoin has been trading below the important resistance level noted in our previous article for two days now. After that update, on both BTC-E and OKCoin, the highs were exceeded by few cents. The $243.71 high on BTC-E was surpassed by prices rallying to $243.86 while on OKCoin the $238.48 level was exceeded by 42 […]

Top Trade Ideas

The People’s Currency – Top Trade Idea for May 1st, 2015

Never traded the Chinese yuan? The real possibility that USD/CNY will one day be as important as EUR/USD means it’s never too early to start. At the moment, the Remnimbi (or “the people’s currency”) is a dirty float – the rate is allowed to fluctuate but ultimately is controlled by the central bank.  The People’s […]

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 May 1st,2015 – EUR/USD

Talking Points:

  • EUR/USD Technical Strategy: Flat
  • Support: 1.1040, 1.0712, 1.0461
  • Resistance:1.1266, 1.1515, 1.1764

The Euro pushed higher against the US Dollar as expected following the appearance of a bullish Morning Star candlestick pattern. A daily close above the 38.2% Fibonacci retracementat 1.1266 exposes the 50% level at 1.1515. Alternatively, a reversal below the 1.0959-1.1040 area (23.6% Fib, March 18 high) opens the door for a challenge of the March 31 low at 1.0712.

Our long-term outlook calls for broad-based Euro weakness. With that in mind, we will treat any on-coming gains as corrective in the context of a larger structural decline and look for opportunities to enter short after upward momentum has been exhausted.

EUR/USD Technical Analysis: Rally Meets Hurdle Below 1.13

Bitcoin

bitcoin brokers

Bitcoin Back to Trading Below Important Resistance

Bitcoin has been trading below the important resistance level noted in our previous article for two days now. After that update, on both BTC-E and OKCoin, the highs were exceeded by few cents. The $243.71 high on BTC-E was surpassed by prices rallying to $243.86 while on OKCoin the $238.48 level was exceeded by 42 […]

Global Market Commentary

The People’s Currency – Top Trade Idea for May 1st, 2015

Never traded the Chinese yuan? The real possibility that USD/CNY will one day be as important as EUR/USD means it’s never too early to start. At the moment, the Remnimbi (or “the people’s currency”) is a dirty float – the rate is allowed to fluctuate but ultimately is controlled by the central bank.  The People’s […]

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