The Australian Dollar has been mostly ranging across the board in relation to other major fiat currencies. But sooner or later the price will continue trending. Currently, the probability is in favor of the uptrend and we might see AUD/USD rising by another 125 pips in the following week. Disclaimer: The analysis presented in […]
Overall, the Swiss Franc is starting to get weak based on multiple XXX/CHF pairs analysis as well as gold. If this is true, it will certainly help CAD/CHF to test the upside resistance and could even push the price much higher. Disclaimer: The analysis presented in this article is for educational purposes only and […]
Considering that analyses are done on the 1h timeframe and that the resistance is only 30 pips away, there could be a very short and fast wave to the upside. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done […]
Today there was a clean bounce off the 61.8%, which goes to show strong bullish domination. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free Demo Account with our trusted […]
There are no strong indications of either an uptrend or a downtrend. But considering the double rejection of the resistance, the price could be going down. In absence of the distinguished trend. The risk/reward ratio should be higher than normal and therefore the critical price for sellers should be very close to the current resistance. […]
It is a widely known fact that most people who trade Forex, or foreign exchange currencies, lose money in the long run. To put a specific number to it, 90% of traders, or even more, lose money and end up closing or abandoning their account. By understanding the root cause(s) of failure for the majority […]
Bulls are strongly defending the support area which should result in a fast upside move for the USD/CAD. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free Demo Account with […]
Along with many AUD pairs, the GBP/AUD might also move in the direction of the strong Australian Dollar, and perhaps this will be the final wave to the downside. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on […]
NZD/JPY still trending up, although there is a very high risk of a trend reversal and therefore we are only expecting one strong wave to the upside. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. […]
The Forex Market, short for foreign exchange market, makes over $5 trillion worth of transactions per day, making it the largest financial market in the world. Aside from the liquidity that this behemoth of a market brings, Forex also has a low barrier to entry, with live trading accounts starting as small as $10. So, […]
