FOREX

Money Management in Trading Money management is one of the most important part of building a successful investment in trading. Money management combined with a successful trading strategy, it will enable the forex trader to eliminate the emotional and psychological aspects and to make money over the long term. A successful trader is actually a risk ...

Forex Trading Signals and Robots Forex trading signals are used by Foreign exchange traders around the world to help them in making critical decisions about their investments. There are many different types of FX signals systems, some are offered for free while others for a fee but take in mind ...

Forex Daily Technical Analysis USDCAD – USDJPY The USDCAD broke through the intraday resistance at 1.3180 and knocked the older highs at 1.3195/00 to hit 1.3208. That is an overly bullish forex signal for the pair as long as USD stays above the 1.3180 level is a buy. Also the pair ...

Forex Daily Technical Analysis GBPUSD looks like it breaks the triangle formation to the upside, supporting the bullish scenario for the pair. The price is trading above the 100H MA enhancing the positive momentum. USDJPY is under pressure today and has fallen below trend line support and below the 100 and ...

Technical Analysis EURUSD EURUSD broke above the 1.13 level and also above the 1.1318 resistance but sellers rushed and push the pair back below the 1.13 and this is not a good sign for the EUR. EUR is still trading above the 100h EMA and some buyers will push the ...

Technical Analysis GBPUSD 9-8 GBPUSD made a break of the 100 hour MA to the downside and is moving away. The next target comes below 1.33 at 1.3296 which is the 38.2% of the move up from the August 29th low. The 1.3250 area is a confluence area where the ...

EURUSD Technical Analysis 9-7 The pair shows sideways trading today after breaking yesterday the 1.12 level due to worst than expected ISM number from USA, EURUSD affected by stochastic negativity that might push the price to test the support base formed above 1.1196 level. The bullish trend scenario still active ...

GBPUSD Technical analysis The pair has moved above the July high at 1.3371 and keeps trading higher. Weaker data out of the US, ISM non-manufacturing PMI down to 51.4 in August, lowest in 6 years, is pushing the dollar lower and the GBPUSD higher the price moved above the 1.3400 level. ...

Relative Strength Indicator – RSI Relative Strength Index is a so called momentum indicator that is very popular to use in technical analysis of financial instruments. Relative Strength Indicator is a momentum indicator that compares the number of days with price increases in relation to the number of days with ...

EUR/USD buy signal The pair has been trading sideways since the Brexit decline. The lower level is at 1.0980 and the top at 1.11. The ECB will cut rates by the end of 2016 and it could also taper its QE program. Earlier this week, German ZEW Economic Sentiment, shocked the ...