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bitcoin brokers

Bitcoin Breaks $266 Resistance, $300 Eyed

After fighting with the $266 mark for almost a day, bitcoin finally managed to rally higher. The breakout happened in the last few hours of today’s trading session. Bitcoin took out the temporary daily high at $272.99 and rallied exactly $10 dollars higher to $282.99. We have since fallen back somewhat, prices are currently trading […]

Top Trade Ideas

Top Trade Idea For February 27th, 2015 – USD/CAD

Tuesday’s trend peak in Dollar: CAD confirmed the resistance line of a descending triangle formation. This looks to me like a situation that might provide a trade setup in either direction. The bullish scenario comes out of the Elliot wave playbook. The last major swing higher has the potential to be an impulsive 3rd wave […]

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 March 3rd,2015 – EUR/USD

  • EUR/USD Technical Strategy: Flat
  • Support: 1.1185, 1.0970, 1.0796
  • Resistance:1.1318, 1.1533, 1.1659

The Euro continues to digest losses after issuing its largest daily decline in nearly a month against the US Dollar. A daily close below the 23.6% Fibonacci expansionat 1.1185 exposes the 38.2% level at 1.0970. Alternatively, a reversal above the 1.1276-1318 area (January 30 close, 14.6% Fib expansion) clears the way for a test of the February 3 high at 1.1533.

Risk/reward considerations argue against entering shortin line with our long-term outlook as prices sit squarely at support. We will remain on the sidelines for the time being, waiting for a more actionable opportunity to present itself.

EUR/USD Technical Analysis: Standstill Above 1.11 Continues

Bitcoin

bitcoin brokers

Bitcoin Breaks $266 Resistance, $300 Eyed

After fighting with the $266 mark for almost a day, bitcoin finally managed to rally higher. The breakout happened in the last few hours of today’s trading session. Bitcoin took out the temporary daily high at $272.99 and rallied exactly $10 dollars higher to $282.99. We have since fallen back somewhat, prices are currently trading […]

Global Market Commentary

Chart Of The Day For March 3rd,2015 – EUR/USD

By Ilya Spivak, EUR/USD Technical Strategy: Flat Support: 1.1185, 1.0970, 1.0796 Resistance:1.1318, 1.1533, 1.1659 The Euro continues to digest losses after issuing its largest daily decline in nearly a month against the US Dollar. A daily close below the 23.6% Fibonacci expansionat 1.1185 exposes the 38.2% level at 1.0970. Alternatively, a reversal above the 1.1276-1318 […]

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