FOREX

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 EURUSD keeps the positive momentum ...

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 ...

Technical analysis USDJPY changes direction to bullish as it breaks below the 50h MA. The pair hit the daily high at 111.59 during the Draghi speech, but sellers took control and driving the pair to 111 AUDUSD hits fresh 3 month lows at 0.7439 the lowest level since January 12, ...

Technical Analysis for EURUSD and USDCAD EURUSD gapped up higher today and is keeping most of the gains after the results of French election. The pair hit the daily high at 1.0904 and made the low at 1.0820 just below the 200d MA and is moving slower higher after. It ...

GBPUSD Technical Analysis GBPUSD spiked higher early today breaking the 50h and 100h MA and hit the daily high at 1.2255, and now retracing back, breaking below the 1.22 level. This is a nice entry point for longs as long the 100h MA support is on hold.   AUDUSD Technical ...