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[candle7]

The European Central Bank (ECB) is expected to keep the benchmark interest rate at 0.50% as the monetary union returns to growth, but President Mario Draghi may show a greater willingness further embark on the easing cycle in an effort to encourage a stronger recovery.
What’s Expected:
Time of release: 10/02/2013 11:45 GMT, 7:45 EDT
Primary Pair Impact: EURUSD
Expected: 0.50%
Previous: 0.50%
DailyFX Forecast: 0.50%

 

[candle7]

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[candle7]

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advantages

 

[candle7]

GBPUSD
The pair may test its major resistance at 1.61900 as the than pound price will start bearish movement. It is better to sell to the target 1.61270. And stop loss in this case will be 1.62100.
details

 

[candle7]

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The Japanese Yen outperformed in overnight trade, rising as much as 0.4 percent on average against its top counterparts, as risk appetite soured and drove demand for the safe-haven currency. Asian stocks followed Wall Street lower after the Federal Reserve disappointed the markets’ hopes for a meaningful dovish shift in official rhetoric, as expected. The New Zealand Dollar underperformed after the RBNZ hinted that the elevated exchange rate may limit scope for interest rate hikes planned for next year.
details

 

[candle7]

GBPUSD
The pair may test the level 1.5995 as the than pound price will bearish movement. Then I suppose it is good idea to sell to the target 1.58570. And stop loss in this case will be 1.6092.
details

 

[candle7]

GOLD TECHNICAL ANALYSIS – Prices broke higher as expected after putting in a bullish Morning Star candlestick pattern. Resistance is now at 1364.06, the 61.8% Fibonacci retracement, with a break above that targeting the 76.4% level at 1390.64. Near-term support is at 1342.57, the 50% Fib. A reversal back beneath that eyes the 38.2% Fib at 1321.09. details

 

[candle7]

AUDUSD
Trading Strategy: If the price is below 0.9445 would suggest that a short term top is in place and shift focus to 0.9325/45.

details

 

[candle7]

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[candle7]

Results of 7 round of “Master Scalper”
Position Accont Number Contestant Login Balance
1 2781405 ANDI 5 916.00
2 2781644 riyaz22 3 874.85
3 2781398 Fern 2 407.00
4 2780974 Anfield 2 166.71
5 2782020 faster 2 162.24
6 2781259 Loginstein 1 949.14
7 2781641 Apophis 1 920.49
8 2781250 Andoff 1 880.00
9 2781251 erroorrr 1 746.78
10 2781401 soer79 1 690.07
Oct 30 2013. 15:00 terminal time – Demo
details