3.0 01 [taq_review] Plus500 is located in London, UK. It operates its CFD business through its subsidiaries: Plus500 UK Ltd is authorized and regulated by the Financial Conduct Authority (FRN 509909). Plus500 CY LTD is authorized and …
Read More »USD/JPY—Locked in a Narrow Trading Range
0.0 00 USD/JPY (119.376) Resistance Levels: 120.80, 121.90, 123.87 Support Levels: 118.80, 117.18, 115.49 Trade Strategy: Stand Aside The US Dollar is staying locked in a tight range below the key pivot at ¥120. Please refer …
Read More »US Big Tobacco Settles Lawsuit for $100 Million
0.0 00 Three of the biggest US tobacco companies, RJ Reynolds Tobacco, Lorillard (LO: NYSE) and Altria (MO: NYSE) have agreed to pay $100 million to settle federal lawsuits over smoking. This agreement covers 400 lawsuits …
Read More »EUR/USD—The Euro Stays flat above 1.12
0.0 00 EUR/USD (1.1209) Resistance Levels: 1.1532, 1.1660, 1.1830 Support Levels: 1.1277, 1.1185, 1.0968 Trade Strategy: Stand Aside The Euro continues to digest losses above the key pivot at 1.12. Please see the below daily MT …
Read More »EUR/JPY—Follow Up, Short Trade Held Despite Sideways Movement
0.0 00 EUR/JPY (135.284) Resistance Levels: 135.85, 137.65, 139.95 Support Levels: 133.80, 132.05, 129.18 Trade Strategy: Short Entered at 135.26, Target 133.80 Not much to update from yesterday, except I have help onto my short trade …
Read More »Apple is a Profit Machine, but can iPhone Hurt Them?
0.0 00 There is no question that Apple Inc. (AAPL, Nasdaq) market cap is unbelievable, now over $750 billion, but can the very thing that has propelled them hurt them? I am talking the tech giant’s …
Read More »GBP/JPY— The British Pound Eyes the Pivot at ¥185
0.0 00 GBP/USD (184.963) Resistance: 184.98, 186.00, 187.05 Support Levels: 183.70, 182.93, 181.80 Trade Strategy: Stand Aside The GBP/JPY is moving higher to test the key pivot at ¥185. This comes after three straight days of …
Read More »NZD/USD Technical Analysis – February 25, 2015
0.0 00 The NZD/USD pair broke down during the session on Tuesday, testing support near the 0.7450 handle. We did bounce enough to form a bit of a hammer though, so that of course shows that …
Read More »EUR/JPY—Short Euro Order Entered at 135.26
0.0 00 EUR/JPY (134.870) Resistance Levels: 135.68, 137.65, 139.95 Support Levels: 133.80, 132.05, 129.18 Trade Strategy: Short Sale at 135.26 Target 133.80 The euro has resumed falling against the Japanese yen. Please see the below daily …
Read More »Extension Given to Greece: The Greek Tragedy Plays Out
0.0 00 Eurozone ministers have given approval to extend the Greek bailout. This paves the way for another installment of payments and now official creditors can discuss a new program over the next quarter. After the …
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