Category: Forex Trading
The analysis published under this category are as follows.
Thursday, August 16, 2018
Up Your Forex Trading Game / Currencies / Forex Trading
By: Submissions
Trading foreign exchanges has never been easier, thanks to the advent of new technology, and as a result many people are getting into this potentially lucrative form of trading.
However, like any form of financial activity, Forex trading isn’t something that you can make money from overnight. Many of the experts whose advice can be found at forextraders.comworked hard to develop their skills, and Forex trading is not simply a matter of following a simple pattern and collecting a profit. In fact, it is more of an art than a science.
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Wednesday, August 15, 2018
Impulse Moves in the Currencies / Currencies / Forex Trading
By: Rambus_Chartology
For the last several months or so I’ve been showing you that many of the important currencies that make up the US dollar have been breaking down from large 2 1/2 year trading ranges. If you want to know what the US dollar is going to do the first thing you need to do is look at the important currencies that make up the US dollar as the US dollar is just a derivative of those currencies. Most of the time a stock, or in this case the currencies that make up the US dollar are trading within a reversal pattern, consolidation pattern, or are in an impulse move. It’s that impulse move that you want to be aware of and the earlier the better.
Tonight I’m going to update most of the currencies we’ve been following over the last several months because I believe they’re in the process of beginning an important impulse leg down which can have a profound affect on the PM complex and commodities in general. These types of moves don’t come around all that often, but when you begin to see an important setup maturing it’s usually worth the risk to try and take advantage of what the market will give you and impulse moves are what I live for as an intermediate term trader.
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Thursday, August 09, 2018
NZD/USD Holding Important Supports / Currencies / Forex Trading
By: FXOpen
The weekly chart of NZD/USD suggests that the pair is trading in a bearish zone, but it is currently trading near important support levels.
Key Points
- NZD/USD is currently testing a key connecting support trend line at 0.6700 on the weekly chart.
- The pair could correct higher, but upsides are likely to be capped by 0.6850.
Wednesday, August 01, 2018
USD/JPY and EUR/JPY Testing Significant Hurdles / Currencies / Forex Trading
By: FXOpen
The weekly chart of USD/JPY and EUR/JPY indicates that both pairs are facing important resistance levels and they remain at a risk of a bearish reaction.
Key Points
- The US Dollar is trading above the 110.00 support and the 50-week simple moving average.
- USD/JPY is facing two significant bearish trend lines with resistance near 113.00 on the weekly chart.
- EUR/JPY declined recently and settled below a key support at 131.60.
- The pair remains at a risk of more losses towards the 128.00 and 127.00 supports.
Thursday, July 26, 2018
British Pound, Canadian Dollar, Russian Ruble and Euro Show Massive Volatility / Rotation Setup / Currencies / Forex Trading
By: Chris_Vermeulen
Our research team has been watching the foreign currency markets with great interest. Recently, the strength of the US Dollar has put extended pressures on many foreign currencies. The recent crash of the Chinese Yuan has alerted many traders to the concerns that China could be edging over the precipice in terms of debt and credit market collapse.
As traders/investors, we need to understand how these currencies move, and future moves may drive the global equity markets to new highs or lows. Let’s take a brief look at how some of our proprietary indicators are set up on these Weekly charts.
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Friday, July 13, 2018
Focus on the Greenback, Will USD Fall Below Euro 1.6? / Currencies / Forex Trading
By: Nadia_Simmons
Although last week’s decline took the USD Index under the late June’s lows, currency bulls didn’t break down with this deterioration and responded to their rivals fairly in previous days. Thanks to their determination, the greenback has wiped out most of the recent decline, which in combination with several other positive factors about which we wrote in today's Forex Trading Alert suggests that ...
Before, we analyze the current situation in our currency pairs, let’s examine the short-term picture of the USD Index.
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Saturday, July 07, 2018
The Euro, the British Pound and the Other Side of the Coin / Currencies / Forex Trading
By: Nadia_Simmons
Analyzing the medium-term charts of the euro and the British pound, we see that currency bulls fought fiercely with their rivals during recent weeks. Despite several attempts to push both currencies lower, they successfully defended their main strongholds in both cases and defeated fans of the greenback. What does this mean for the U.S. currency and its European competitors?
Thursday, May 24, 2018
EUR/USD – Reward for Bears / Currencies / Forex Trading
By: Nadia_Simmons
During the recent days, the euro extended losses against the greenback, which took EUR/USD to December 2017 lows and one more important support. What does it mean for the sellers?
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Tuesday, May 22, 2018
5 Reasons Why Forex Trading Is Becoming Such A Big Deal In SA / Currencies / Forex Trading
By: Submissions
Forex trading is quite popular in many parts of the world. In South Africa, it was not such a huge deal until recently. Recent years have been marked with so much buzz in the industry and today, it is a very vibrant and promising market. There are many reasons why things have changed. The most important of all has been the spread of success stories from actual traders. Many more people have since then ventured into the business and the top 10 South African forex brokers today continue to gain more clients. Here are the 5 main reasons why forex trading is capturing the attention of the masses.
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Thursday, May 17, 2018
Negative Signs for EUR/USD? AUD/USD - Battle / Currencies / Forex Trading
By: Nadia_Simmons
Monday's session discovered currency bulls’ weakness, which was mercilessly used by their opponents during yesterday's trading. Thanks to the sellers’ attack, EUR/USD hit a fresh 2018 low, but will we see further declines in the coming days?
Monday, May 07, 2018
Understanding Technical Analysis In Currency Trading / InvestorEducation / Forex Trading
By: Submissions
There are many different things you will learn when you start forex trading. One of the things that will have an impact on your entire trading career however, is learning technical analysis. Forex trading is not just about reading the charts and observing the signs. It is also about a deep understanding of the forex trading strategies (for example fibonacci trading strategy) through logical means. Calculations and forecasts are thus an essential part of the trade. One of the best ways of getting deep insights about the market is by carrying out technical analysis. By using technical charts and technical data, you can have better prospects in the trade.
Thursday, April 05, 2018
USD/CAD – Happy and Profitable Bears, EUR/USD – Breakdowns and Their Implications / Currencies / Forex Trading
By: Nadia_Simmons
Yesterday, the U.S. dollar moved sharply lower against its Canadian counterpart, which took the exchange rate to our next downside target. Thanks to the seller’s attack, we noticed a potential pro-bearish formation on the horizon, which can make positions even more profitable…
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Saturday, March 10, 2018
An Introduction to Online Forex Trading / Currencies / Forex Trading
By: Kavinesh_A
Forex stands for foreign exchange, the currencies. Forex trading is the process of buying and selling of foreign exchange or currencies. Statistics indicate that the online forex trading is increasingly getting more popular and that the forex market has grown at least 20% in the last five years. Grab more information about trading from the Admiral Markets.
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Friday, March 02, 2018
Euro, Cable and Aussie Forex Trading - The Reward for Patience / Currencies / Forex Trading
By: Nadia_Simmons
February was the best month for the U.S. dollar since October. Nevertheless, what goes up must fall someday. Yesterday, the gravity caught the greenback after President Donald Trump said that the country will impose tariffs on steel and aluminum imports. As a result, the USD Index reversed and declined, supporting our 3 currency pairs. Will yesterday’s news kill the greenback’s rally in the coming days?
Analyzing the charts after yesterday’s session we noticed several disturbing factors, which can thwart currency bears’ pro-declining plans and melt profits from short positions (in EUR/USD, GBP/USD and AUD/USD) in the coming days. Therefore, we decided to close our short positions and take profits off the table.
As we mentioned earlier, the greenback’s very short-term situation deteriorated yesterday, which caused, that we decided to start today's alert by looking at the current picture of the USD Index.
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Thursday, February 22, 2018
6 Tips For Seamless Business Foreign Exchange / Currencies / Forex Trading
By: Submissions
For thousands of Australian individuals and businesses across the country, foreign currency exchange is just a fact of life - and also the cause of many a headache.
Perhaps you're just making a payment for a good or a service that's located overseas. Perhaps you're sending some cash or a gift to another country, or heading there yourself. Maybe you're buying foreign land, assets, shares or bonds. Maybe you're in the foreign market game and you make money from the clever appreciation of currencies. Or perhaps you're an Australian business that makes money from importing or exporting or transacting with overseas entities.
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Thursday, February 01, 2018
How To Identify The Right Forex Broker / Currencies / Forex Trading
By: Kavinesh_A
Those who have been into forex market would certainly understand that your success or failure in the trading market would depend to a large extent on the kind of broker you choose. In a real life situation, you will be giving all your trading capital the forex dealer. You will trust him fully and expect that he will trade well with it and give you some handsome profits at the end of the day. You could be an expert in forex with the best of experience and strategies. However, if you have a dubious forex dealer, you could end up losing your hard earned money and you could be in dire straits. Hence you must be careful when it comes to choosing the right forex dealer. This is not an easy task given the fact that there are dozens of forex dealers. We give below the list of a few tips to be kept in mind when it comes to choosing the right broker.Read full article... Read full article...
Wednesday, January 31, 2018
Investors Can Make Huge Money Through Forex Trade / Currencies / Forex Trading
By: Kavinesh_A
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Wednesday, January 31, 2018
USD/CHF – C Is for Consolidation / Currencies / Forex Trading
By: Nadia_Simmons
Looking at the daily chart of USD/CHF we can summarize the recent days in one word: boredom. But behind the current consolidation there may be something more than we think at first glance. Read today's alert and you'll find out what we mean.
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Thursday, January 25, 2018
USD/CHF Under Long-term Support! / Currencies / Forex Trading
By: Nadia_Simmons
Earlier today, the greenback declined to the lowest level against the Swiss franc since mid-September 2017, which resulted in a small drop under the long-term support line. Is this a sign of bigger move to the downside or just a trap?
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Friday, January 19, 2018
Complete Guide On Forex Trading Market / Currencies / Forex Trading
By: Kavinesh_A
Forex rate is highly interrelated with inflation and interest rates. It is a commonly seen phenomenon that countries with low inflation over a period of years see a rise in their currency value. This is the case because as the inflation is less, the purchasing power increases which in turn increases the currency value. Higher interest rates generally tend to attract more foreign capital investment thereby an increase in demand for the currency, but this positive aspect can be negated if the inflation remains high too. It is a widely known fact that a stable government with liberal attitude towards trade will attract more foreign investments which help to increase the currency value and the exchange rate. Another factor of importance is the balance between imports and exports. If a country gets paid more for exports than the payments it has to make for imports, the exchange rate of the country’s currency will be high.Read full article... Read full article...