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bitcoin brokers

Bitcoin Retraces Gains, Forum Hacked

Bitcoin can’t catch a break. Today the cryptocurrency retraced most of the gains made during the past 4 days. After peaking out at $243.63 in yesterday’s trading session, today BTC/USD fell to a low of $237 flat before stabilizing somewhat. About two hours ago we had another retest of $237 with prices trading as low […]

Top Trade Ideas

Top Trade Idea for May 22nd, 2015 – AUD/NZD

At its last meeting the New Zealand Reserve Bank moved to an easing bias on interest rates. By contrast the Australia’s RBA toned its easing bias back to only a fraction short of neutral at its meeting. The combination of these two moves delivered a strong rally for the Aussie against the Kiwi, allowing it […]

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 22,2015 – EUR/USD

Talking Points:

  • EUR/USD Technical Strategy: Flat
  • Support: 1.1059, 1.0934, 1.0808
  • Resistance:1.1214, 1.1310, 1.1466

The Euro turned lower against the US Dollar as expected but an Inverted Hammer candlestick now hints a rebound may be brewing. Near-term resistance is at 1.1214, the 23.6% Fibonacci expansion, with a break above that on a daily closing basis exposing the 14.6%levelat1.1310. Alternatively, a push below the 38.2% Fib at 1.1059 clears the way for a test of the 50%expansionat1.0934.

Positioning is inconclusive at this point, with prices offering no clear-cut and actionable signal to initiate a short tradein line with our long-term outlook. With that in mind, we will continue to stand aside until a more attractive opportunity presents itself.

EUR/USD Technical Analysis: Euro May Renew Recovery

Bitcoin

bitcoin brokers

Bitcoin Retraces Gains, Forum Hacked

Bitcoin can’t catch a break. Today the cryptocurrency retraced most of the gains made during the past 4 days. After peaking out at $243.63 in yesterday’s trading session, today BTC/USD fell to a low of $237 flat before stabilizing somewhat. About two hours ago we had another retest of $237 with prices trading as low […]

Global Market Commentary

Canada’s April Inflation Slowest in Two-Years

Canada’s inflation rate last month was the slowest since October 2013, falling below the central bank’s target band on a drop in energy costs. The consumer price index rose 0.8 percent in April from a year ago after March’s 1.2 percent pace, Statistics Canada said Friday from Ottawa. The core rate, which excludes eight volatile […]

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