Today is Tue, March 31, 2015 14:00:57 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook

Top Global Market Stories

Oil to Stabilize in 2H According to Reuters Poll

Oil prices should stabilise in the second half of this year and rise in 2016 and 2017 as consumers respond to a period of much cheaper fuel, a Reuters poll of analysts showed on Monday. The survey of 34 analysts predicted North Sea Brent crude LCOc1 would average $59.20 a barrel in 2015, up from […]

Top Trade Ideas

Top trade idea for March 27th, 2015 – USD/MXN

Many traders will refuse an each way bet. That is, if a trade goes against them, they won’t reverse and go in the new direction. Usually this is a result of at least one painful “whipsawing” as an inexperienced trader. Yet experienced traders know when to break the rules,, and the Mexican peso’s positioning at […]

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 31th,2015 – EUR/USD

Talking Points:

  • EUR/USD Technical Strategy: Flat
  • Support: 1.0806, 1.0456, 1.0244
  • Resistance:1.1051, 1.1263, 1.1513

The Euro is digesting gains after rallying as expected against the US Dollar following the appearance of a bullish Piercing Line candlestick pattern. A daily close above the march 26 high at 1.1051 exposes the 38.2% Fibonacci retracement at 1.1263. Alternatively, a move below trend line resistance-turned-support at 1.0806 clears the way for a test of the 1.0456-541 area (March 16 low, the 23.6% Fib expansion).

Our long-term outlook calls for broad-based Euro weakness. With that in mind, we will treat any on-coming gains as corrective, looking to enter short at a more attractive level rather than a seeing the move higher as a buying opportunity. In the meantime, we remain flat.

EUR/USD Technical Analysis: Stalling Below 1.10 Figure

 

Bitcoin

bitcoin brokers

Bitcoin Bounces Off $235, Silk Road Plot Thickens

Bitcoin ended the short losing streak today by bouncing off the $235 mark. After opening at $238.22, BTC/USD fell to a low of $234.08, briefly piercing the $235 support. But bitcoin spent less the 30 minutes below the mark and soon the bulls pushed prices back above the figure. By the end of day, a […]

Global Market Commentary

Chart Of The Day For March 31th,2015 – EUR/USD

By Ilya Spivak, Talking Points: EUR/USD Technical Strategy: Flat Support: 1.0806, 1.0456, 1.0244 Resistance:1.1051, 1.1263, 1.1513 The Euro is digesting gains after rallying as expected against the US Dollar following the appearance of a bullish Piercing Line candlestick pattern. A daily close above the march 26 high at 1.1051 exposes the 38.2% Fibonacci retracement at […]

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