FOREX

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EURUSD has been trading within a well defined uptrend over the last several months, since breaking out in early 2017. 1.2360 provided support to the pair in early February and now switches to resistance. The pair’s top level was $1.2555, and recent low was 1.2155. Immediate resistance is seen around ...

Bitcoin is in a clear bullish path and soon will challenge the all time high area at 4921. It looks like the Catalonian leader speech add more confidence to the buyers, and sent the cryptocurrency to new daily highs. Bitcoin is trading above the 50 day moving average and after ...

Forex Technical analysis week: 9-13 October 2017 10-12-2017 GBPUSD regains bullish momentum breaking above the 50 hour moving average and also breaking above the 50 daily moving average after rumors that EU may offer UK a 2 year transition period, stay long as the pair is trading above 1.32 10-11-2017 ...

The most important is the long term trend, closely followed by the recent price action and picking your entry.   Don’t let trading consume you. You can lose just as much money by trying too hard as trying too little.   Hard work is key but quality work is even ...

Remember that forex trends can continue for a long time, even if fundamentals start to change.   A good broker will always oŽer a variety of Deposit & Withdrawal methods, including localized solutions.   Complex trading strategies cause confusion and frustration. You will make less mistakes if you stick to ...

Traders often fail because they don’t learn from mistakes. Keep a diary of trades to discover what works and what doesn’t.   Setting limit orders and stop/loss orders takes emotion out of the equation and ensures trading discipline.   Trade small amounts when you are a beginner. Grow your account ...

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USDJPY Technical analysis July-19-2017 USDJPY is under selling pressure today and sellers now are in full control as the pair broke below the 50d MA and 100d MA and now it is targeting the 111.21 level, meanwhile USD is weak across the board. AUDUSD Technical analysis July-12-2017 AUDUSD made an ...

Regulators and leading financial firms launched a new code of conduct for global currency trading on Thursday, including measures aimed at ensuring its universal adoption by the world’s major financial institutions. The code is a central element of the foreign exchange industry’s response to the charges of market manipulation and ...