In the near term, a break of the 1. Sterling was bid across the board this morning as the Organization for Economic Cooperation and Development suggested UK interest rates will need to be increased. Cable rose as high as 1. The pair could continue its move lower as the Greek debt crisis keeps the euro on its back foot. A target may be 0. Global bourses were mixed with the Nikkei down Commodities are higher with silver receiving strong bids, trading as high as Stronger US data would likely feed into USD selling and help to push sterling and spot silver higher.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The requirements for leverage vary with account size, and may be changed from time to time at the sole discretion of the dealing desk, based on volume traded and market conditions. Leverage maxes out at I was pleased to see that a demo account was offered as well as an Islamic account for those who keep Sharia laws.
Features Many items are presented in the form of charts rather than a textual explanation. The Analyzer is a chart with technical analysis of all the currency pairs traded as well as oil, gold and silver. Their proprietary technology allows search engines to monitor thousands of financial instruments 24 hours a day, and automatically identifies trade opportunities in the form of chart patterns, Fibonacci patterns, and Key Levels as they occur.
In addition, Autochartist offers PowerStats as a feature which will provides a better assessment of risk and volatility on the instruments that tradedAutochartist can be downloaded to the MetaTrader4 platform. Education ForexYard offers a host of different educational materials.
Guides and instructional tutorials can be viewed on YouTube and there is an extensive section on charts and chart trading.
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