Tag Archives: March


How’s your broker’s spread in March? Detailed data for 100+ brokers

How’s your broker’s spread in March? Detailed data for 100+ brokers

Basics & Industry, Forex Industry | Written By Yohay Elam | Created: Apr 16, 2015 14:25 GMT; Last Modified: Apr 16, 2015 14:11 GMT If you’re new here, you may want to subscribe to receive daily updates. Thanks for visiting! TradeProofer is a forex trader community where members can benchmark their broker’s quote and trade

EUR/USD Surges Back Above $1.0650 after March US Retail Sales Miss

DailyFX.com – Talking Points: – March US Advance Retail Sales miss at +0.9% m/m. – Data shows US economy started to recover after winter weakness. – EURUSD jumps above $ 1.0600 after US yields fall. After several weeks of disappointing US economic data (the Citi Economic Surprise Index started the day at -45.6), traders were

EUR/USD Surges Above $1.1000 as March NFPs Severely Disappoint

DailyFX.com – Talking Points: – US Nonfarm Payrolls miss expectations at +126K. – US unemployment rate ticks holds at 5.5% despite participation rate falling. – EURUSD jumps to fresh weekly highs at $ 1.1021 as report mostly negative. The US Nonfarm Payrolls headline reading plunged to +126K for March, a rather weak figure, well-below the

Intraday technical levels and trading recommendations for GBP/USD for March 31, 2015

The market has previously established a consolidation zone around 1.5000, which extended up to 1.5280. This was followed by a transient uptrend maintained within the depicted channel.Bulls managed to push towards higher levels, including 1.5550 (just below the weekly supply level).Significant bearish pressure was applied around 1.5550 resulting in the formation of multiple bearish engulfing

Intraday technical levels and trading recommendations for EUR/USD for March 31, 2015

The market aggressively pushed lower after breaking below major demand levels around 1.2100 and 1.2000 where historical bottoms were previously established back in July 2012 and June 2010.The EUR/USD pair has lost almost 1600 pips since the beginning of 2015. Moreover, the EUR/USD pair has been already pushed slightly below the monthly demand level around

USD/CAD intraday technical levels and trading recommendations for March 31, 2015

Overview:Since bulls have pushed further above the upper limit of both depicted bullish channels and the 79.6% Fibonacci level the market looks quite overbought.However, bullish pressure is still expressed as the previous weekly closure came above 1.2550 (consolidation zone mid-line).Successive lower highs were established within the wedge pattern. However, the market expressed a bullish breakout

Gold analysis for March 31, 2015

Overview : Since our last analysis, gold has been trading downwards. As we expected, the price has tested the level of $ 1,178.30 in a high volume. Accoridng to the daily time frame, we can observe supply in a volume below the average (weak supply). I have placed Fiobonacci retracement to find potential support levels.

EUR/NZD analysis for March 31, 2015

Overview: In our last analysis, EUR/NZD was trading downwards. The price has tested the level of 1.4307 in an average volume. The price found support around the level of 1.4330 (our Fibonacci expansion 61.8%). The short-term trend is still neutral. So, be careful when trading EUR/NZD. According to price action on 4H time frame, we

GBP/USD intraday technical levels and trading recommendations for March 31, 2015

Overview:On February 5, temporary bullish breakout above 1.5220 (previous consolidation range) took place. Shortly after, an ascending channel was established at the level of 1.5170-1.5200. This indicates bullish sentiment on the market.A projected target for this bullish breakout has already been reached around 1.5550 where the previous daily bottoms were located (solid resistance).Two weeks ago,