Category: Forex Trading
The analysis published under this category are as follows.
Tuesday, October 10, 2017
NZDUSD Broke Below Important Support At 0.7131 / Currencies / Forex Trading
By: Franco_Shao
The NZDUSD pair recently broke below an important support level at 0.7131 and extended its bearish movement from 0.7557 to as low as 0.7055, indicating that the bearish movement from 0.7557 has resumed. Further decline towards 0.6817 would likely be seen over the next several weeks.
Saturday, October 07, 2017
British Pound GBP down 500 points, time for a corrective rally... / Currencies / Forex Trading
By: Enda_Glynn
My Bias: short below parity in wave (5).
Wave Structure: continuing impulsive structure to the downside in wave (5)
Long term wave count: decline in wave (5) blue, below parity
Monday, October 02, 2017
USDCNH Broke Above Major Resistance Trend Line / Currencies / Forex Trading
By: Franco_Shao
USDCNH extended its upside movement from 6.4412 to as high as 6.6777, breaking through a major bearish trend line on its daily chart, confirming that the bearish movement from 6.8588 had completed at 6.4412 already.
Saturday, September 30, 2017
What Are Some Good FX Scalping Techniques? / Currencies / Forex Trading
By: Kavinesh_A
As you acquire Forex dealing experience, you understand the key role that your technique performs. There are many options investors can use, but this article will discover a Forex dealing scalping technique. We'll take a quick look at what is involved in scalping rate of exchange and evaluation some of the best tips/tricks you can use.Read full article... Read full article...
Wednesday, September 27, 2017
NZDUSD Moves In Falling Price Channel / Currencies / Forex Trading
By: Franco_Shao
NZDUSD stays in a falling price channel on its 4-hour chart, suggest that the pair remains in the downtrend from 0.7428. As long as the as the price is in the channel, the downside move could be expected to continue and further decline to test 0.7131 support would likely be seen in the coming days.
Tuesday, September 26, 2017
EUR/USD and Bearish Formation on Horizon / Currencies / Forex Trading
By: Nadia_Simmons
Earlier today, the euro extended losses against the greenback, which resulted in a breakdown below the lower border of the trend channel. Will this bearish development trigger bigger move to the downside in the coming week?
Monday, September 25, 2017
Grid Forex Strategy - All You Need to Know / Currencies / Forex Trading
By: Kavinesh_A
...
Sunday, September 24, 2017
Advantages of Forex Trading / Currencies / Forex Trading
By: Kavinesh_A
Forex trading dealing which also is called by another name “Foreign Return Trading” which deals with currency dealing. Forex is the most important aspect in this world. Forex company exchange is liable and important for move and the import and export company. For example, If an individual is a citizen of the United States of America but wants to buy branded shoes or a dress by a famous designer who lives across in a another nation like France or Paris, that individual has to pay the currency equivalent to the currency rate in that particular nation. This transaction benefits the overall economy of the nation and for the people it’s a good financial commitment to generate extra cash by taking threat and trusting the uncertainty. Anyone can get associated with Forex trading dealing plan to generate a little cash because it doesn’t take a lot of capital to be eligible for that. Before deciding to go on this venture it is always suggested to understand the following ventajas del trading en forex Read full article... Read full article...
Tuesday, September 19, 2017
USD/CHF – Verification of Breakout or Further Declines? / Currencies / Forex Trading
By: Nadia_Simmons
At the end of the previous week, the greenback moved lower against the Swiss franc, which resulted in a comeback to the previously-broken support/resistance line. Will we see a verification of the earlier breakout or rather further declines in the coming week?
Tuesday, September 19, 2017
What is Backtesting? And Why You Need Backtesting System? / InvestorEducation / Forex Trading
By: Kavinesh_A
If you be familiar with Currency trading backtesting or always considered how to do it, then this information is for you. Just like everything in dealing, and in life, there is no one-size-fits-all. Backtesting will not work for every investor or every dealing plan. It is considered the specified information to backtesting Currency dealing techniques, to help get you began. This information is the effect of my personal expertise with backtesting and speaking with a multitude of expert Currency trading investors over the years. it can help you begin and see the value in the procedure. Even more important perhaps, It is also wished that it is something that carries on to help you take your dealing activity to new stages, even when you have become continually effective. Read full article... Read full article...
Monday, September 18, 2017
How to Choose right Forex Trader? / Currencies / Forex Trading
By: Kavinesh_A
Market makes up more than $4 billion in average exchanged value every day, making it the world's biggest economical market. Since there is no central sell for forex dealing, traders must select a fx agent to help them conduct their dealing activity. There are a large and growing number of fx agents, deciding on the right one requires very carefully searching through a massive number of journal and internet ads. In this article, we'll look at when selecting a fx agent in today's aggressive forex dealing industry at Admiral Markets Deutschland.
Friday, September 15, 2017
GBP USD Approaches Fibonacci Target / Currencies / Forex Trading
By: Enda_Glynn
Good evening to you all.
Another day, another all time high in the DOW, and another step closer to the target zone.
The wave count is working well on this front,
And I am sure we will see a break above 22300's before long,
But what amazes' me everyday,
is the sheer lack of interest in questioning this now eight year long rally.
It is taken for granted like milk in the supermarket.
Wednesday, September 13, 2017
TRADE FOR A CHANGE / Currencies / Forex Trading
By: Kavinesh_A
Marketting business has always been referred to as a tedious task to handle. Its strategic approach to every service delivery should always seem to be a compatible one. Before taking a leap into this category of business one should get familiarised with it and, the various terminologies of forex trading for beginners. A person experienced enough to handle trading business online can have a blooming start in the same.
Friday, September 01, 2017
NZDUSD Broke Below 0.7200 Support / Currencies / Forex Trading
By: Franco_Shao
NZDUSD recently broke below a major support level at 0.7200, indicating that the uptrend from 0.6817 had completed at 0.7557 already. The pair is now in downtrend, further decline would likely be seen after correction.
Read full article... Read full article...
Thursday, August 24, 2017
USDCHF Is Waiting For Breakout / Currencies / Forex Trading
By: Franco_Shao
USDCHF moved sideways in a trading range between 0.9583 and 0.9772 on the 4-hour chart for several weeks. All we can do is wait for the breakout to occur.
Thursday, August 10, 2017
USDCHF Failed To Break Channel Resistance / Currencies / Forex Trading
By: Franco_Shao
USDCHF pulled back from 0.9772 to as low as 0.9611 after approaching the top resistance trend line of the price channel on its daily chart, indicating that the pair remains in the downtrend from the December 2012 high of 1.0343.
Wednesday, August 09, 2017
USD/CAD - Can We Trust This Breakout? / Currencies / Forex Trading
By: Nadia_Simmons
Yesterday, the U.S. dollar rose against its Canadian counterpart, which pushed USD/CAD above the upper border of the declining wedge, but can we trust this breakout?
Friday, August 04, 2017
NZDUSD Broke Above 0.7484 Resistance / Currencies / Forex Trading
By: Franco_Shao
After breaking above the resistance of the September 2016 high of 0.7484 high, NZDUSD pulled back from 0.7557, suggesting that a short term top had been formed on the daily chart.
Read full article... Read full article...
Wednesday, August 02, 2017
GBP/USD - Will Currency Bulls Break above Long-term Resistances? / Currencies / Forex Trading
By: Nadia_Simmons
Although GBP/USD moved higher once again earlier today, currency bulls approached two very important resistances on their way to higher levels. Will they be strong enough to push the exchange rate above them?
Friday, July 28, 2017
Will USD/CAD Drop Further? / Currencies / Forex Trading
By: Nadia_Simmons
Yesterday, the greenback extended losses against the Canadian dollar, which resulted in a drop below the May 2016 low. Does it mean that the way to lower levels is open?
EUR/USD
Read full article... Read full article...