EUR/USD Forecast March 25, 2014, Technical Analysis
The EUR/USD pair bounce during the session on Monday, breaking above the 1.38 level by the end of the day, but giving back quite a bit of the gains nonetheless.
Geopolitical Tension Keeps Brent Above $106
Brent crude oil (BNO, quote) slid lower on Tuesday after PMI data added to worries about a waning global demand outlook. The commodity traded at 106.63 at 5:20 GMT as the confrontation between the West and Russia helped keep a floor under prices.
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HSBC China’s preliminary manufacturing PMI sinks
China’s manufacturing activity contracted for the third month in a row in March, hitting an eight-month low, according to HSBC’s preliminary purchasing managers’ index (PMI) released on Monday.
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Taking Profits – ECYT
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Less than 4 trading sessions…nailing 386% profit
USD/JPY Forecast March 24, 2014, Technical Analysis
The USD/JPY pair fell during the session on Friday, but stays above the 102 level to show signs of support.
EUR/USD Channel Support Retest (March 24, 2014)
EUR/USD recently broke below a key support zone around the bottom of the rising channel on the 1-hour time frame and the 1.3800 major psychological level.
Position Updates
I wanted to provide a couple of position updates as we close out the last day of trading for March Expatriation. We had 6 awesome winners this month with 3 of them in triple digit gains of which 2 of them only took 90 minutes to realize.
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