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Bullish movement is expected on EURUSD
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD is in bearish movement and reach at a support level at 1.3125. It has broker previous strong support level around 1.3300-1.3330. Now a recovery bullish movement is expected targeted 1.3220 and next 1.3290. But a break and close below 1.3050 on daily chart can make this scenario invalid. … Read more
The Reason of Spike in Forex Chart
Excessive liquidity or Lack of liquidity Some time in forex chart you notice the spikes. This is a good trading opportunity but, know the insight before real trade.
How to Control Emotion in Forex Trading?
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]One MUST follow rules for achieving the BEST result that you should not mix your emotion in your forex trading. Often people fall into fear & greed in taking the position. If you can notice you are now captured with fear and greed then stop and rethink your trade setup. Fear and greed … Read more
GBPUSD more Bullish movement is expected.
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that GBPUSD is in strong uptrend. Last week it has broken successfully the resistance area around 1.700 and back to test it. Further bullish movement is expected to make a new high with the target 1.7100. But a break and close below at 1.6970 on daily chart can make this scenario … Read more
Forex News Trading Tips
During FOMC, NFP, Fed Event or Central Bank Interest rate decision market some time prevail a profit-making opportunity
How to use Pivot Point in Forex Trading
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]Most institutions and professional traders use pivot points. The beauty of the turning points is that the lines are taken from the previous day’s data and can project a course of action and business plan for the next day. Pivot points are important to support and resistance levels that the price almost predictable … Read more
EURUSD Bearish Movement is expected
It shows that EURUSD is in a bearish mood. Last week it breaks a rising trendline. More falling is expected now. Before further bearish movement, a small pullback is expected now then the target of bearish movement can be 1.3700.
AUDUSD Analysis- Expected Bearish Movement
[vc_row color_scheme=”alternate”][vc_column width=”1/1″][us_post_title tag=”h1″ align=”center”][/vc_column][/vc_row][vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text] AUDUSD at Critical Confluence: A Bearish Movement Expected The AUDUSD currency pair is currently at a strong confluence zone near 0.9090. This level is significant due to in that price two trendline resistances. The Fibonacci 38.2% retracement level, acts as horizontal resistance. The last daily candle has formed … Read more
EURUSD Analysis- Expected Bearish movement
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text] EURUSD USD Technical Outlook: Strong Support Area Analysis The EURUSD pair is currently approaching a critical support area between 1.3830 and 1.3890, a region that has twice previously repelled downward movements. This historical behavior suggests that we may once again witness a bearish reversal from this zone. However, it is essential to … Read more