EUR/USD The Euro continued falling, which is a good bearish signal. The move was supported by the increased volume, but, unfortunately, it was evenly spread across the chart. Therefore, we can’t point out any new volume levels or zones. However, we still should prefer a scenario of opening short positions. …
AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has reversed around the horizontal level at 0.7070. The AUDUSD continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they have been crossing frequently and are moving sideways. Trading opportunities …
EUR/USD The Euro resumed falling, but the movement was on the average volume, therefore, we can’t point out any new volume levels or zones. However, we still should give preference to short positions, but we can enter the market only after the continuation of this sink. The downward movement must …
AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD has reversed around the horizontal level at 0.7070. Price continues to be indecisive and lack trend momentum. The moving averages confirm this – they have been crossing frequently and are moving sideways. Trading opportunities could exist …
AUDUSD – 1 Hour Chart Price continues to be indecisive and lack trend direction. The moving averages confirm the current indecision – they have been crossing frequently and are moving sideways. Trading opportunities may exist around the moving averages, around the diagonal support area and around the horizontal levels …
EUR/USD The Euro continued falling and broke down the previous support level, which is a great bearish signal. Unfortunately, the movement was on the small volume, therefore we can’t allocate any new volume levels or zones. Moreover, there is a high possibility of a correction. Thus, we should give advantage …
EUR/USD EUR/USD corrected upwards yesterday, but the movement was on the small volume, so that we can’t consider long positions at the moment. Moreover, the price is still located near the new level of support 1.1278. Therefore, our previous scenario remains relevant: we can and should regard a breakdown of …
AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD has been finding resistance around the horizontal level at 0.7120. Price continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they have been crossing frequently and are moving sideways. …
One of the most frequent questions we have received is ‘What is the difference between Forex and Stock?’ Before you make up your mind on which market to trade, various factors should be considered in order to get the most out of your investment. So, here’s the 4 differences between …
Posted BySamuel Morton
Category Analysis Aside
Forex trading is a very rewarding career that offers so much. Being your own boss, earning a significant income and trading something fast pace and exciting are some of the great things about being a trader. Forex is not easy though, there are many obstacles to overcome and the …