AUD/USD Outlook: Bounce After Steep Fall Needs Confirmation On Break Above Important Barriers
The Australian dollar bounced above daily cloud after Monday’s inverted Hammer candle signaled stall of steep five-day downtrend. Fresh recovery was also boosted by US/China talks hopes, with oversold daily slow stochastic adding on expectations for stronger upside action. The...
Elliott Wave Analysis: USDJPY Trading into Possible Resistance and Reversal Zone at 113.0 – 113.35
As expected, USDJPY made a Monday rally for wave c) that can stop around 50% – 61,8% Fibo. retracement and between 113.0 – 113.35 resistance area. Monday rallies are usually fake movements, so we would not be surprised if we...
EUR/USD Outlook: Bulls Face Headwinds At Daily Cloud Base, Cluster Of Converged MA’s Underpins And Expected To Contain consolidation
The Euro stands at the front foot on Monday and cracked strong barriers at 1.1435/44 (falling 55SMA / base of falling thick daily cloud / Fibo 38.2% of 1.1815/1.1215 descend). Fresh bulls emerged after Monday’s gap-lower opening and filled the...
EUR/JPY Moving Towards Psychological Resistance Level
The common European currency appreciated about 54 base points against the Japanese Yen on Monday. The currency pair has reversed a new junior ascending channel pattern. The exchange rate breached both the 200-hour simple moving average at 128.58 and the...
USD/CHF Tumbles on Softer US Jobs and Wage Data
A wrath of US economic data painted the picture that US economy is slowing, propping up expectations that Fed will dial back their rate hike expectations at the December 19th meeting. The headline nonfarm payroll printed 155,000 jobs, a miss...
USDZAR Still Negative, Approaches Downtrend Line
USDZAR continues to print lower lows and lower highs on the daily chart below a downtrend line drawn from the highs of September 6. Hence, the broader picture remains negative for now. For it to turn neutral, it would require...
EURNZD Rebounds on 14-Month Low, Regaining Ground
EURNZD created a strong negative rally over the last two months, after the pullback on the three-year high of 1.7925. Looking at the very short-term, the price has been moving higher since yesterday finding support on the 14-month low of...
DOW JONES Outlook: Dow Maintains Negative Tone Despite Thursday’s Hammer Ahead Of US NFP Data
Dow is consolidating within narrow range and low-volume trading on Friday, following sell-off on Thursday, triggered by arrest of Huawei CFO. The fall found footstep just ticks above previous low at 24246 (23 Nov) ahead of strong rebound, which eased...
US 30 Index Cautiously Negative In Short Run, Neutral Overall
The US 30 index remains on the back foot, having crossed back below its 50- and 200-day simple moving averages (SMAs) in recent sessions. The price structure of lower highs on the daily chart suggests the bias is negative at...
AUD/USD Outlook: Bears Take A Breather After Steep Fall, US Jobs Data Eyed For Fresh Signals
The Australian dollar consolidates after strong fall in past four days (down nearly 2%) which was contained by daily cloud top/55SMA (0.7190). Long tail of Thursday’s daily candle signals that bears might be running out of steam and attempts to...
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 ... |