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bitcoin brokers

Bitcoin Breaks Lower, More Losses Likely

Bitcoin took out the $460 support yesterday. Initially prices only fell slightly to a daily low of $456 before rebounding to retest $460. But today BTC/USD continued the move lower to hit a new multi-day low of $452.85. One coin is currently selling for $456.88 on BTC-E. Prices are 7 dollars higher on Stamp at […]

Top Trade Ideas

Top Trade Idea For September 15th, 2014 – EUR/USD

Last week, we recommended a USD/CHF long towards 0.9350 on a fourth wave pullback. While our target was reached, price didn’t pull back enough to trigger the entry. This time, we’ve waited for a euro fourth wave pullback to end and have designed a short trade around it. This one-hour chart includes a simple Elliott […]

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 16th,2014-EUR/USD

  • EUR/USD Technical Strategy: Short at1.3644
  • Support: 1.2864, 1.2794, 1.2708
  • Resistance:1.2981, 1.3057, 1.3104

The Euro may be preparing to correct higher against the US Dollar after prices completed a bullish Piercing Line candlestick pattern. Near-term resistance is at 1.2981, the 14.6% Fibonacci retracement, with a break above that on a daily closing basis exposing the 23.6% level at 1.3057. Alternatively, a reversal below the 50% Fib expansion at 1.2864 clears the way for a challenge of the 61.8% threshold at 1.2794.

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: Candle Pattern Hints at Bounce

Bitcoin

bitcoin brokers

Bitcoin Breaks Lower, More Losses Likely

Bitcoin took out the $460 support yesterday. Initially prices only fell slightly to a daily low of $456 before rebounding to retest $460. But today BTC/USD continued the move lower to hit a new multi-day low of $452.85. One coin is currently selling for $456.88 on BTC-E. Prices are 7 dollars higher on Stamp at […]

Global Market Commentary

Chart Of The Day For September 16th,2014-EUR/USD

By Ilya Spivak EUR/USD Technical Strategy: Short at1.3644 Support: 1.2864, 1.2794, 1.2708 Resistance:1.2981, 1.3057, 1.3104 The Euro may be preparing to correct higher against the US Dollar after prices completed a bullish Piercing Line candlestick pattern. Near-term resistance is at 1.2981, the 14.6% Fibonacci retracement, with a break above that on a daily closing basis exposing the 23.6% level at 1.3057. Alternatively, a […]

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