GBP/USD Tests Resistance Level
Yesterday, the GBP/USD exchange rate dropped to the 1.2550 level. During Friday morning, the rate was testing the resistance level formed by the 200-hour SMA and the Fibo 61.80% at 1.2646. If the given level holds, it is likely that...
EUR/USD Revealed Short-Term Channel
On Thursday, the EUR/USD currency pair revealed a short-term ascending channel. During today’s morning, the pair reversed north from the upper channel line. From a theoretical perspective, it is likely that some upside potential could prevail in the market. In...
Market Morning Briefing: Dollar Index Has Bounced Back From 95.72
STOCKS As we have been cautioning over the last few days the correction in the equity segment has begun. However, the pace and quantum of fall at the beginning of this corrective phase has been much bigger than we had...
Copper Futures Give Up Some Gains; Positive Picture Stands
Copper futures retreated slightly from their freshly plotted four-and-a-half month high of 2.6959. Confirming the bullish sentiment that has mostly controlled the ascent from the 45-month low of 1.9684 are the rising Ichimoku lines. Additionally, the improving 50-day simple moving...
USDCHF Set For A Painful Weekly Close, Enters Oversold Zone
USDCHF is set to close deep in the red sea this week following the sharp pullback off the 0.9625 level. The bears are currently ready to pierce the 0.9400 number and open the way towards the 0.9320 support, but some...
Can Gold Price Overcome This Hurdle To Continue Higher?
Key Highlights Gold price started a fresh increase from the $1,670 support. A key bearish trend line is forming with resistance near $1,732 on the 4-hours chart of XAU/USD. The US CPI increased 0.1% in May 2020 (YoY), less than...
USD/JPY Outlook: Dollar Remains Under Heavy Pressure ahead of Fed
The pair extends steep fall into third consecutive day (so far down 2.1% since Monday’s opening) as traders sell dollar ahead of Fed policy decision. Today’s weakness broke strong supports at 107.52/46 (30DMA / Fibo 61.8% of 105.98/109.85), with close...
GBP/USD Outlook: Cable Rises To New 3-Mth High, Firm Bullish Stance Above 200DMA
Cable hit new highest since 12 March (1.2786) in European trading on Wednesday after cracking important Fibo barrier at 1.2777 (76.4% of 1.3199/1.1409 fall). Fresh advance comes Tuesday’s long-tailed Doji and second consecutive daily close above 200DMA (1.2674) which signaled...
USD Continues To Slide, USD/CHF Update
The US Dollar was bearish against most of its major pairs on Tuesday with the exception of the NZD, AUD and CAD. On the economic data front, The National Federation of Independent Business’s Small Business Optimism Index rose to 94.4...
USDCAD Rebounds on 3-Month Low, Surpassing 20-Period SMA
USDCAD has been in declining movement over the last month but is currently trading above the three-month low of 1.3360. The stochastic oscillator is approaching the overbought zone; however, the RSI is pointing down after the touch on the neutral...
Join us on Facebook
Signal2forex.com - Best Forex robots and signalsDo you want to have such profits and charts? Click for more info…
Recommended fast VPS provider
I have been with this company for the second month with a v.11+ VPS robot with a smaller deposit and I am satisfied. For a monthly fee of $30 from the second month, I don’t have to worry about anything and just watch the earnings. The robot earns, the Skype support is excellent and you can see that it understands trading. In the future, I will definitely increase the deposit for full use of the robot to 14 pairs. I recommend Signal2forex!!!!!
From the beginning I didn’t trust the EA robot FOREX V PORTFOLIO v.11 pro 14 because I had other trades than shown in the video on the website. After a month on two demo accounts with a deposit of 2000 USD, I must say that the EA works very well!!! Monthly appreciation of both accounts approx. 30% with max DD 19%. I have to praise the developers and keep my fingers crossed for the future.
Guys are geniuses!!! I am grateful for your work!!! Everything works, they helped me install everything and there is always feedback !!! Thanks!!!
Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
Daily Forex Trading Course Walkthrough: Part TwoForex Trading Course Walkthrough Talking Points: This is the second of a ten-part series in ... 
Forex Trading Truth or Lie? Uncovering the Truths of FX TradingDo you know the truths about forex trading? Traders face a barrage of information when ... 
Daily Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points: This is the fifth of a ten-part series in ... |