USDCHF Rebounds on 0.99 Level; Neutral in Medium Term
USDCHF is advancing after it found a strong rebound on the 23.6% Fibonacci retracement level of the upleg from 0.9185 to 1.0130 around the 0.9900 psychological level. Technically, the red Tenkan-sen line is pointing downwards, indicating a bearish retracement, however,...
GBPUSD Pressured Below 1.3150
The British pound is trading towards the lower-end of its weekly trading range against the US dollar as the UK Parliament remains deadlocked over Brexit. If the GBPUSD pair continues to decline, the 1.3100 level offers the strongest form of...
Copper’s Failed Break Could See Further Downside
We had higher hopes for copper after it broke out of its multi-month range. Yet, having failed its quest to hold above key support and trade back within range, bearish ears have perked. The break back below $2.87 has effectively...
Gold Price Uptrend Facing Many Hurdles
Key Highlights Gold price started a solid upward move from the $1,282 support against the US Dollar. There is a significant ascending channel formed with support at $1,308 on the 4-hours chart of XAU/USD. The US Trade Balance in Jan...
USD/MXN Reclaims Key Level
The USD/MXN is another EM currency pair we are monitoring after we identified bullish characteristics on the USD/INR and USD/CNH previously. The USD/MXN’s temporary break of its bullish trend line earlier this month must have trapped a few bears. This...
USD/CNH: Potential Bullish Reversal
Last week, we wrote about the Indian Rupee which had created a potential topping pattern as the USD/INR dropped to test a key technical support area. While the USD/INR hasn’t been in a rush to bounce away from this area,...
EUR/JPY Decline Likely To Continue
The single European currency tested a resistance cluster formed by the weekly and the monthly PPs at 124.95 during the previous trading session. After hitting the resistance cluster, the currency pair began to depreciate. At the end of yesterday’s trading...
USD/JPY Bearish ABC Correction In Wave 2 Pattern
The USD/JPY could make a bearish bounce at the Fibonacci resistance if the current WXY (pink) wave pattern is correct. The main target is the Fibonacci retracement level of wave 2 vs 1 (purple). A break above the resistance trend...
USD/JPY Rallies Into Key Resistance
The rebound at the start of this week for major stock averages has undermined some safe haven assets such as gold and Japanese yen, following Friday’s sharp moves. But at the time of writing, the major indices were coming off...
GBP/CAD Found Buyers In Blue Box And Rallied
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPCAD. As our members know GBPCAD is showing incomplete bullish sequences in the cycle from the August 15th 2018 low....
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 ... |