Today is Fri, December 19, 2014 13:53:28 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook

Top Global Market Stories

Will Negative Swiss Rates Reduce CHF Demand?

SNB goes negative in January Market assess policy moves by Fed and SNB EUR under pressure from intervention demands Yen bears relieved with higher U.S. yields Over the past 24 hours, capital markets have managed to navigate the last of the significant central bank scheduled meetings for this calendar year with the conclusion of the […]

Top Trade Ideas

Top Trade Idea For December 19th, 2014 – USD/RUB

Russian Rouble Roulette It’s hard to go past the Russian rouble as the traders’ choice, given the extraordinary volatility. Extreme price movements demand traders respond with aggressive risk management, but the potential rewards for a good entry are attractive. Trading USD/RUB is not for the inexperienced. However, traders willing to adapt to the environment may […]

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 December 19th,2014 – EUR/USD

  • EUR/USD Technical Strategy: Flat
  • Support: 1.2246, 1.2173, 1.2080
  • Resistance:1.2324, 1.2418, 1.2569

The Euro continued downward for a second day against the US Dollar, with prices now threatening December’s swing bottom. Near-term support is at 1.2246-49, the December 8 low and the 50% Fibonacci expansion, with a break below that exposing the 61.8% level at 1.2173. Alternatively, a reversal above the 38.2% Fib at 1.2324 clears the way for a test of the 23.6% expansion at 1.2418.

Prices are too close to support to justify entering short from a risk/reward perspective. On the other hand, the absence of a defined bullish reversal signal suggests that taking up the long side is premature. With that in mind, we will remain flat for now.

EUR/USD Technical Analysis: December Lows Under Pressure

Bitcoin

bitcoin brokers

Bitcoin Retests $300, Lawsky Announces Changes to BitLicense

Bitcoin is making another move for the $300 round figure. Earlier today, prices got as low as $304.98 before recovering somewhat. We are currently trading slightly above the lows at $308.65 on BTC-E. Prices are slightly higher on OKCoin and BitStamp at $310 a piece. Today’s trading session may be decisive in determining whether the […]

Global Market Commentary

Top Trade Idea For December 19th, 2014 – USD/RUB

Russian Rouble Roulette It’s hard to go past the Russian rouble as the traders’ choice, given the extraordinary volatility. Extreme price movements demand traders respond with aggressive risk management, but the potential rewards for a good entry are attractive. Trading USD/RUB is not for the inexperienced. However, traders willing to adapt to the environment may […]

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