Foreign Exchange

In the last several trading days, the currency instruments have been able to maintain their overall outlook, though the majors do not move that significantly, except the JPY pairs. The EUR and the GBP are strong, while the JPY and the USD are weak. Matching these weak and strong currencies together with sensible logic would […]

The AUDUSD is trying to continue its bearish trend, but this is within a range that generates a lot of volatility in the Aussie. AUDUSD is within a range between 0.9302 and 0.9028. This pair has to make a break for some of these levels, in order to be clear about the trend of this […]

Mindset matters a lot. Yes, when one is agitated and angry, she/he may stay out of trading. It’s best to trade when the mind is fresh or the mood is better. We make profits from big and small risks. Small risk brings small profits and small losses. Big risk brings big profits and big losses. […]

Recently, I went to a local cash office. There were many customers there, and while I was waiting for my turn, a man asked me what I did for a living. I was happy to reply him that I’m a Forex trader and a market analyst. “Forex,” the man said, “ruined many people, including me, […]

The EURUSD remains strong in the current bullish trend is likely to continue rising, during this week. EURUSD is forming a pattern lower high resistance below the level of 1.3175. If the pair manages to break that level, it is expected to rise to the level of 1.3282. On the other hand, we must bear […]

The EURGBP continues to consolidate in the current bullish trend, while it tries to form patterns to strengthen bullish trend. Days ago, the EURGBP made ​​a bullish rebound in the 200 day moving average near 0.8509 level. Then, the pair broke the resistance level at 0.8613 and now,  it’s trying to climb to the resistance […]

Pound Sterling Over the course of last week the Pound experienced pretty extensive fluctuations. As the week began, disappointing UK industrial production figures and speculation surrounding Federal Reserve chairman Ben Bernanke’s announcement saw Sterling slide against the US Dollar and Euro. To ask a currency expert a question direct, click HERE Or to receive a […]

The recent week was characterized by significant reversals in the markets; an event which led to new confirmed signals on popular pair and crosses. This is especially possible with the new lease of stamina in the EUR and the GBP, as the USD was suddenly caught in exponential weakness. Even the JPY pairs have assumed […]

The GBPUSD continued its bullish trend and is expected to this week, this pair continues to build the bullish road. GBPUSD is forming a lower high pattern, below the resistance level at 1.5200. We must be cautious at current levels, because the GBPUSD made ​​a strong bearish movement and this might indicate a change in […]

Online trading brings out our best and our worst. However, it’s the way we deal with these two extreme emotions that matter. People want the method without acknowledging the fact that their mindset is more important than the method. Trading success is nearly 100% psychology. It’s not uncommon to see many a mad genius using […]