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Banco Santander Stock to profit Binary Traders in 2013
Sunday, May 19, 2013 - 12:52
By Martin Kay Banco Santander’s performance is intimately related to the Spanish economy, and if we are to believe the political leaders, the prospects are optimistic for 2013. Economy Minister claims that the economy is on the mend and will continue to strengthen in the next months, and what is certain is that the worst is behind us. Consecutive quarters of positive growth are expected, although on the long run the faltering recovery remains a serious threat and the future is uncertain...
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EUR/USD Weekly Outlook
Monday, September 24, 2012 - 09:57
The EUR/USD showed these past weeks a very strong uptrend in the Forex market that provided long term traders a very good return on investment. The currency pair literally made 800 pips in 4 weeks moving from the weekly support at 1.2400 to almost 1.3250, a strong level which several months ago marked the beginning of a huge downfall. EUR/USD rise despite economic turmoil of the eurozone How was that possible? One simple yet effective explanation is the actions taken by both the European...
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EUR/USD Outlook for the September 10 Week
Monday, September 10, 2012 - 06:11
The US non-farm payroll released last Friday didn’t bring significant change in the expected data by professionals. But contrarily to the positive US dollar results, the EUR/USD made a huge up move of more than 180 pips. This is due to Draghi’s recovery plan based on the purchase of unlimited euro bonds for up to 3 years, in order to counter the crisis and rebuild the European’s economy. Will this move continue? All major economic indicators favor an uptrend continuation for...
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Forex Forecast: Sept 3–8 2012
Tuesday, September 4, 2012 - 17:17
With the beginning of a new month the Forex market is expected to make some decent moves as many major economic reports are to be released.  The interest rates of various central banks and the Non-Farm Payroll are the key market movers in the Forex. Even if the previous week lacked interesting moves, it’s really possible for the currency pairs to achieve their weekly pips movements in a couple days. EUR/USD and GBP/USD continued to rise due to Mario Draghi’s promise of buying...
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Forex Signals August 29
Wednesday, August 29, 2012 - 05:54
The USD/JPY is giving some reversal signals. The currency pair failed to break the weekly low at 7899, and now is getting rejected at the daily consolidation between 79.50 and 78.15. The weekly TDI has been showing some strength to the upside since January of this year. Odds are to the upside because the daily up move is supported by the indicator as well as a lower high… The first buy entry is at 79.65 Stop at 77.80  Take profit 1 is around 81.30 Take profit 2 at  83.00 A...
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