Author: daniel

The volatile start to the week could continue on Tuesday, as we receive key data points from the U.K. and the euro zone. Trade is expected to remain light during the Easter Bank Holiday weekend. The morning will see the release of PMI data on manufacturing and services for Germany, France, and the eurozone. It…

The price of one bitcoin was $913 at the time this guide was written in January 2014. This is slightly lower than the $1,200 record set earlier in December. Two years ago, the new cryptocurrency traded below $4. Major online and offline retailers have begun to accept the new currency as a method of payment. What is bitcoin…

Plus500.com offers a bitcoin CFD that is based on the price feed for BTC-E. The spread is usually around $7 or 1.43%. A minimum deposit of $25 is not required to open an account. Additionally, the company offers a $25 bonus with no deposit. Plus500 does not offer MetaTrader 4. Maximum leverage to open a bitcoin position at the moment…

Do you want to trade Bitcoin? ForexNews RecommmendsClick Here To Learn More. Technically, the bitcoin rally ended on Saturday with the breaking of the $422 swing low. We saw first that prices crashed through this level on OKCoin, and other Chinese exchanges. Bitfinex and BTC–E, which are U.S.-dollar exchanges, took a little longer to break the levels but…

USD/CAD fell 0.17 percent after the USD fell across the board in anticipation of the Federal Reserve’s rate announcement on December 16. The USD/CAD traded at 1.3565, with no data as investors didn’t have any data for the U.S. or Canadian releases. In volatile trading, West Texas crude oil recovered 0.36 percent over the past 24 hours….

Parabolic SAR, which doesn’t include lines on the chart, is the most widely used indicator. Although it is widely used by trend traders, range traders can also use it. This indicator can spot entry and exit signals, which provides long-term opportunities. Parabolic SAR begins with a dot below the price. If the price is not changed, the dots…

Further gains were seen in gold on Thursday as the metal traded at a spot price $1151.88 per ounce during the North American session. The US unemployment claims fell to 285 000, disappointing economic news. Preliminary Unit Labor Costs showed a strong increase of 4.5%. This was well above what had been expected. The US Factory Orders however,…