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Daily Market Review - 04/03/2014

Crude Oil

image001

Oil prices slid in Asia this morning as the U.S. and Russian policymakers look to find a diplomatic way out of the crisis over the annexation of the Ukraine. A few weeks into this crisis, both party’s would like to put it behind...

Daily Market Review - 03/28/2014

EUR/USD

EURUSD_March28

The Euro continues to depreciate against the US Dollar. By now the downward trend has stopped and the rate is consolidating. Support is approximately at 1.3730 levels.

USD/JPY

USDJPY_March28

The pair has been fluctuating a lot recently. Now it is...

Bitcoin: The War for the Future

What side are you on?

The war is in full swing. Warriors dressed in suits and hoodies are lining up on both sides. This is probably the first clash in history where every person on the planet has an equal say in the outcome and in the future. I’m talking of course about Bitcoin.

The arguments are certainly compelling and everybody seems to have a unique and equally valid opinion. Many people have a vested interest to see the crypto-currency succeed or fail. Some are simply advocates of change, others are just trying to uphold the status quo. Nobody can tell the future.

Famous investor Warren Buffet opposes Bitcoin, very likely because he owns a large stake in credit card companies and other payment processors that Bitcoin is competing with.Our own CEO, Yoni Assia is a firm believer in the magic of Bitcoin. Not only does he hold them in his personal portfolio, but he also actively promotes and hosts Bitcoin hackathons meetups and other development projects.

Read Whole Article »

Understanding CandleStick Patterns

How Can I read CandleStick Patterns

Japanese candlestick patterns look imposing to the uninitiated trader. However, they are actually quite accessible. Devoting a small amount of time will raise your awareness of patterns as expressed by the candlesticks. Recognizing patterns in asset prices will inevitably lead you to more in-the-money binary options trades.

Candlesticks belong exclusively to technical analysis. They give a graphical picture of market sentiment over a period of time. You can find charts for any length of time you want. You can get hourly charts that give that day's trading pattern. You can get minute-by-minute charts as well.

Daily Market Review - 03/27/2014

US Stock Market

nasdaq

Wall Street finished Wednesday’s trading in the red after US President Barack Obama’s statement on tightening sanctions against Russia dragged down shares. The S&P 500 declined by 0.70%, the NASDAQ dropped by 1.29%, and the Dow...


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