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About bhinder

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  1. No Deposit Bonus Receive a $50 No deposit bonus by TradingForex.com and benefit from: the best spreads in the market, practice your skills while at the same time making a profit at no cost. This promotion applies to all traders that open a new live trading account with TradingForex.com. Open an account today and get $50 trading money for FREE. This bonus gives new traders the opportunity to gain valued trading Forex experience and earn money without any initial deposit of funds. Take full advantage of the World's preferred MT4 TradingForex.com platform, most competitive spreads in the market average 0.4 on EUR/USD, STP (straight through process), leverage up to 1:200, 4 platforms in 1 account, transparent trading conditions and support team 24/5. Traders who are interested in claiming this bonus simply click on the button above and fill in our Live Trading Account form found on our website (copies of ID or passport and utility bill up to 6 months are required). Bonus will be credited to the account instantly upon all required documents sent. Traders will only be eligible for receiving the bonus once. Any attempt at registering more than once, will forfeit all eligibility for this offer. More Info
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  3. GBP/USDhit 1.6022 during U.S. morning trade, the daily low, the pair subsequently consolidated at 1.6053, edging down 0.14%. Cable was likely to find support at 1.5983, Thursday’s low and resistance at 1.6141, the high of October 8. EUR/USD pulled back from 1.2979, the session high, to hit 1.2938 during U.S. morning trade, slipping 0.11%. The pair was likely to find support at 1.2824, Thursday’s low and resistance at 1.2990, Friday’s high. USD/CHF hit 0.9372 during European late morning trade, the daily high; the pair subsequently consolidated at 0.9333, easing up 0.01%. The pair was likely to find support at 0.9307, the low of October 12 and resistance at 0.9384, the high of October 4. More Info
  4. EUR/USD was trading at 1.2957, up 0.03% at time of writing. The pair was likely to find support at 1.2824, Thursday’s low, and resistance at 1.3015, Monday’s high. GBP/USD hit 1.6020 on Tuesday, the pair’s lowest since September 11; the pair subsequently consolidated at 1.6064 by close of trade on Friday, down 0.41% on the week. AUD/USD hit 1.0292 on Thursday, the pair’s highest since October 2; the pair subsequently consolidated at 1.0230 by close of trade on Friday, still up 0.74% for the week. More Info
  5. EUR/USD was trading at 1.2939, up 0.09% at time of writing. The pair was likely to find support at 1.2932, today’s low, and resistance at 19.3300, Monday’s high. EUR/GBPwas trading at 0.8066, up 0.09% at time of writing. The pair was likely to find support at 0.8023, Thursday’s low, and resistance at 0.8099, Tuesday’s high. USD/JPY was trading at 78.40, up 0.08% at time of writing. The pair was likely to find support at 77.95, Thursday’s low, and resistance at 78.71, Monday’s high. EUR/JPY was trading at 101.54, up 0.27% at time of writing. The pair was likely to find support at 100.15, Thursday’s low, and resistance at 102.45, Monday’s high. More Info
  6. GBP/USD hit 1.6034 during U.S. morning trade, the daily high; the pair subsequently consolidated at 1.6015, adding 0.07%. Cable was likely to find support at 1.5960, the low of September 10 and resistance at 1.6083, the high of September 11. EUR/USD hit 1.2913 during U.S. morning trade, the session high; the pair subsequently consolidated at 1.2897, inching up 0.09%. The pair was likely to find near-term support at 1.2802, the low of October 1 and resistance at 1.2990, Tuesday’s high. USD/CHF pulled back from 0.9431, the session high, to hit 0.9390 during European afternoon trade, slipping 0.13%. The pair was likely to find support at 0.9321, Tuesday’s low and resistance at 0.9431, the session high and a seven-day high. More Info
  7. Yuan steady, Chinese firms sell dollars after post-holiday influx The yuan held steady on Wednesday as corporates sold dollars, which had flooded in since China's onshore market resumed trading on Monday after a week-long holiday last week , traders said. The post-holiday influx of dollars had put off a long-anticipated correction in the yuan, they said, and had helped the Chinese currency defy a rally in the dollar in global markets. Spot yuan traded at 6.2873 versus the dollar at midday, after moving in a narrow range of 6.2866 and 6.2899, little changed compared with Tuesday's close of 6.2878. https://www.tradingforex.com/
  8. Euro under pressure due to uncertainty over Spain bailout The euro was on the back foot on Tuesday as uncertainty about Spain persisted after euro zone ministers said the country did not need a bailout yet, dashing investors' hopes they might inch closer to a resolution of the debt problems of the region's fourth largest economy. Caution on company earnings also kept risk assets, including the euro, in check, as investors weighed the impact of the global slowdown on corporate earnings due out this week. The euro bought $1.2971 in early Asian trade, s lightly higher than l ate U.S. levels but s till about a full cent be low a two-week high of $1.3072 hit on Friday More Info
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  13. March 12th, 2012 Currencies EUR/USD The dollar hit its highest level in nearly a month versus the euro on Monday after last week's upbeat jobs data suggested the U.S. economy may not be in dire need of further monetary stimulus from the Federal Reserve. The single currency slipped 0.3 percent to $1.3087, having dipped to as low as $1.3079 at one point on trading platform EBS, the euro's lowest level since Feb. 16. USD/JPY A focal point for dollar/yen this week will be policy decisions by the Bank of Japan and the U.S. Federal Reserve, both of which are due on Tuesday. The dollar dipped 0.2 percent against the yen to 82.32 yen, coming under pressure due to profit-taking and dollar-selling by Japanese exporters, traders said. Commodities Oil fell from the highest price in more than a week after exports grew more slowly than forecast in China, the world’s second-largest crude consumer, signaling an economic slowdown. Crude for April delivery declined as much as 79 cents to $106.55 a barrel in electronic trading on the New York Mercantile Exchange. It was at $106.59 at 1:52 p.m. Singapore time. Gold rose further on Monday as gains on the Nikkei helped it offset pressure from a firm U.S. dollar, but some investors were likely to stay on the sidelines ahead of a U.S. Federal Reserve meeting this week, which could potentially weigh on the precious metal. Spot gold was steady at $1,708.56 an ounce by 0248 GMT after rising as high as $1,713.80. On Friday, gold rose nearly 1 percent on higher crude oil and U.S. equities after U.S. employment grew solidly for a third straight month in February. http://blog.acfx.com/wp-content/uploads/tech/march2012/12-3/eurusd.jpg http://blog.acfx.com/wp-content/uploads/tech/march2012/12-3/gbpusd.jpg http://blog.acfx.com/wp-content/uploads/tech/march2012/12-3/usdjpy.jpg http://blog.acfx.com/wp-content/uploads/tech/march2012/12-3/gold.jpg
  14. March 5th 2012 Currencies EUR/JPY The euro slid for a fourth day against the yen before data economists say will show the region’s retail sales dropped for a third month, adding to signs the currency bloc’s debt woes are hurting the economy. The euro slid 0.6 percent to 107.36 yen as of 6:30 a.m. in London from last week’s close. EUR/ USD opened marginally lower at 1.3191 at the weekly open, but managed to go up to 1.3213 after bouncing off support ahead of 1.3180 during the Asian session, this morning 7:30 gmt time the pair continues to struggle around 1.3180 support level, further volatility expected after the European markets opening. Commodities Oil rose from a three-day low in New York after US President Barack Obama said the U.S. may use military force to stop Iran from developing a nuclear weapon and Enbridge Inc. (ENB) shut a pipeline in Illinois. Oil for April delivery gained as much as 59 cents to $107.29 a barrel in electronic trading on the New York Mercantile Exchange and was at $106.94 at 2:23 p.m. Singapore time. Gold lost nearly 4 percent last week, after U.S. Federal Reserve Chairman Ben Bernanke disappointed the market by omitting any reference to further monetary easing in a congressional testimony. Gold was little changed at $1,712.79 an ounce by 0331 GMT. U.S. gold edged up 0.3 percent to $1,714.20.Technical analysis shows gold could rebound to $1,728 an ounce during the day. http://blog.acfx.com/wp-content/uploads/tech/march2012/5-3/highres/eurusd.jpg http://blog.acfx.com/wp-content/uploads/tech/march2012/5-3/highres/gbpusd.jpg http://blog.acfx.com/wp-content/uploads/tech/march2012/5-3/highres/usdjpy.jpg http://blog.acfx.com/wp-content/uploads/tech/march2012/5-3/highres/gold.jpg
  15. March, 1st 2012 Currencies EUR/USD has traded in the range of 1.3454-1.3485 this morning and it holds itself above the 100-day moving average at 1.3316; it has kept above this key level since last Friday ahead of today’s much anticipated 3-year Long Term Refinancing Operation (LTRO). To the upside next immediate levels are 1.3535/1.3619 (the 61.80% retracement of the October 27th – January 13th move lower) while to the downside support should be found at 1.3408/1.3357. US Dollar fell to 3 month low against most of its major traded currencies on Thursday after the US Federal Reserve chairman Mr. Bernanke reduced the bond buying. The dollar index against a basket of currencies stood at 78.72, above a three-month low of 78.095 hit on Wednesday, while the euro traded at $1.3341, up slightly in Asia but hardly recovered from a loss of more than 1 percent from a high of $1.3486 on EBS on Wednesday. USD/CAD is currently trading 0.9889 after falling to 0.9845. Federal Reserve Chairman Ben Bernanke fueled strength in the dollar, and as upbeat U.S. economic data dulled safe-haven demand for the metal. In testimony prepared for the House Financial Services Committee, Bernanke said that recent improvement in employment has put the Federal Reserve on alert and that it’s watching incoming data closely. Bernanke stopped short of saying the improvement in the jobless rate meant a better economy ahead. Commodities Oil for April delivery was at $107 a barrel, down 7 cents in electronic trading on the New York Mercantile Exchange. Crude in New York fell as much as 1.6 percent yesterday after a report from the U.S. Energy Department showed stockpiles increased almost 4 times more than forecast. Gold futures fell as much as $100 to below $1,700 an ounce on signs that that the Federal Reserve will refrain from offering more monetary stimulus to bolster the U.S. economy. Yesterday, gold reached $1,792.70, a three-month high, even as coin sales by the U.S. lowest in February.On Wednesday, SPDR Gold dropped 5.3percent, its biggest one-day loss since late September. Volume was triple the average. Gold futures for April delivery fell $90.30, or 5 percent, to $1,698.10 at 5:14 p.m., compared with yesterday’s settlement. Earlier, the price tumbled as much as $100, or 5.6%, to $1,688.40, the lowest for a most-active contract since January 25th. http://blog.acfx.com/wp-content/uploads/tech/march2012/1-3/highres/eurusd.jpg http://blog.acfx.com/wp-content/uploads/tech/march2012/1-3/highres/gbpusd.jpg http://blog.acfx.com/wp-content/uploads/tech/march2012/1-3/highres/usdjpy.jpg http://blog.acfx.com/wp-content/uploads/tech/march2012/1-3/highres/gold.jpg