Archives: Forex

Forex Technical Analysis

US Dollar Index keeps drifting lower following a recent failure to clear 98.00 resistance. The index has fallen back under 97.00 with next support near 96.55 then 96.00. RSI falling back toward 50 indicates upward momentum fading. EURUSD has regained $1.1000 which may be becoming new support with the pair having bounced up off of • Read More »


North American and European Indices

US 30 successfully retest support at its 200-day MA near 17,570 and has rallied back up above 17,700 with support moving up toward the 17,670-17.680 area. Next resistance at the recent high near 17,850 then the 18,000 round number. RSI suggests more digesting may still be needed. US NDAQ 100 continues to struggle with resistance • Read More »



Forex Technical Analysis

US Dollar Index failed to hold above 97.00 and has started to retreat again retesting 96.70 with next potential support in the 96.20 to 96.40 area. EURUSD continues to attract support above $1.1000 and RSI suggests downward pressure starting to ease off but it still hasn’t been able to rebound very far, only up into • Read More »


WTI dives, stocks slide on possible US oil sales and disappointing durables

US markets spent the day in retreat, dragging European indices down for the ride as disappointing US economic data dragged on sentiment. Durable goods were particularly poor, coming in below expectations for September and August being revised even deeper into the red, while consumer confidence took a tumble as well. In recent years, this kind • Read More »


Forex Technical Analysis

US Dollar Index failed to hold above 97.00 and has started to retreat again retesting 96.70 with next potential support in the 96.20 to 96.40 area. USDCAD is surging higher today, breaking through $1.3200 and its 50-day average and climbing toward $1.3225 with next potential resistance near $1.3300 or even $1.3340. RSI back above 50 • Read More »


North American and European Indices

US 30 has slumped back from 17,600 toward 17,570 with next support possible near 17,500 in what appears to be a normal trading correction of an overbought RSI which otherwise confirms the underlying uptrend. US NDAQ 100 is steady near 4,630 as it continues to level off in the 4,600 to 4,650 area for a • Read More »


How Do Binary Options Brokers Make Money?

Over the recent past, binary trading options has become an acknowledged kind of investment in the actual financial markets. Unlike the fx or currency markets where the certain brokers charge develops or profits, binary options broker agents don’t work in this manner. This often raises the issue of “How carry out Binary Option brokers generate • Read More »


Looking At the EUR/USD

EURUSD In terms of the fundamental analysis, regarding EURUSD a very paradoxical situation has taken appears – Neither the EU, and neither the US want a strong national currency. The US will do everything they can to give a possibility to raise the refinancing rate (raise the rate = start of deflation process (inflation slows)), • Read More »


Traders will be Focusing on the EUR & GBP

Poor manufacturing production figures from July will weaken the Euro and British Pound against other major currencies, while higher than expected figures will result in a bullish market. Binary options trading is so flexible that traders will potentially be able to profit from any market response to Monday’s figures.