Foreign Exchange (Forex) market services
About Market Cycle
Most of the phenomena we encounter in our daily lives occur in cycles. This is the case with seasons, the rising and setting of the sun, the ebb and flow, day and night, the earth revolving around the sun, etc. We take these for granted and rarely think of them in terms of cycles. Furthermore, we seldom associate cycles with forecasting. Now, we can use market cycle theory to forecast the evolution of forex markets.
Daily Forex ReportsUSDCAD Weekly Analysis - March 29, 2015
Sunday, 29 March 2015 07:22 UTC
USDCAD remains in uptrend from 1.0619 (Jul 3, 2014 low), the sideways movement in the range between 1.2351 and 1.2835 is likely consolidation of the uptrend. Key support is at 1.2351, as long as this level holds, the uptrend could be expected to...USDJPY Weekly Analysis - March 29, 2015
Sunday, 29 March 2015 07:21 UTC
USDJPY remains in uptrend from 101.06 (Jul 10, 2014 low), the sideways movement in the range between 115.56 and 122.02 could be treated as consolidation of the uptrend. Support is at 115.56, as long as this level holds, the uptrend could be...AUDUSD Weekly Analysis - March 29, 2015
Sunday, 29 March 2015 07:21 UTC
After touching 0.7912 resistance, AUDUSD pulled back into the trading range between 0.7560 and 0.7912, indicating that the pair remains in downtrend from 0.9504 (Jul 1, 2014 high), and the price action in the trading range could be treated as...GBPUSD Weekly Analysis - March 29, 2015
Sunday, 29 March 2015 07:20 UTC
GBPUSD's bounce from 1.4634 extended to as high as 1.5162. Further rise to test the resistance of the top of the price channel on daily chart is possible. As long as the channel resistance holds, the rise could be treated as consolidation of the...EURUSD Weekly Analysis - March 29, 2015
Sunday, 29 March 2015 07:19 UTC
EURUSD stays in the downward price channel on daily chart, and remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462 could be treated as consolidation of the downtrend. Resistance is located at the top of the channel, as long...EURGBP Ascending Trend Line (Mar 27, 2015)
Friday, 27 March 2015 04:21 UTC
EURGBP has been trading in a short-term uptrend for most of the month, as an ascending trend line can be drawn to connect its recent lows. Price has formed a bullish divergence, with stochastic making lower lows and the pair making higher lows...
Forex SignalsBuy GBP/JPY @ 177.378 By Signal Factory
Sunday, 29 March 2015 21:30 UTC
Buy GBP/JPY @ 177.378 By Signal Factory | SL:176.978 | TP:178.178 | 2015.03.29 21:15...Buy CHF/JPY @ 123.955 By Signal Factory
Sunday, 29 March 2015 20:45 UTC
Buy CHF/JPY @ 123.955 By Signal Factory | SL:123.555 | TP:124.755 | 2015.03.27 20:58...Buy EUR/JPY @ 129.701 By Signal Factory
Friday, 27 March 2015 20:15 UTC
Buy EUR/JPY @ 129.701 By Signal Factory | SL:129.301 | TP:130.501 | 2015.03.27 20:02...Close(SL) Buy AUD/NZD @ 1.02384 By Signal Factory
Friday, 27 March 2015 18:45 UTC
Close(SL) Buy AUD/NZD @ 1.02384 By Signal Factory | Loss: -40 pips | 2015.03.27 18:37...Sell NZD/CHF @ 0.72792 By Signal Factory
Friday, 27 March 2015 18:00 UTC
Sell NZD/CHF @ 0.72792 By Signal Factory | SL:0.73192 | TP:0.71992 | 2015.03.27 17:46...
Technical Analysis ArticlesTips on Choosing the Right Forex Broker
Wednesday, 29 January 2014 14:43 UTC
According to estimates, the average traded value per day in the forex market is to the tune of $4 trillion, making it the world’s largest financial market. Forex trading is a high-risk activity and investors are susceptible to windfall profits and...The Two Types of Forex Trading Spreads
Tuesday, 17 December 2013 04:31 UTC
A spread is the difference between the price a trader pays and the price offered by a broker. It is expressed in pip/s. For instance, a trader's price is 4.000 and a broker's offer is 3.500, the difference between them is .500. Thus, the spread is...What are the political and economic factors associated with forex trading?
Thursday, 24 October 2013 12:32 UTC
For people seeking to engage in forex trading, whether by directly buying currencies or by spreadbetting via a company like IG, the array of political and economic indicators that can move the currency markets...What's the best way to trade Martingale Forex Trading Strategies?
Monday, 07 October 2013 08:19 UTC
We are not advocating Martingale strategies. But rather, we respect the Martingale concept and believe it has its place in a trader's portfolio. The following tips seek to reduce the overall risk and increase the overall success for Martingale...Know more about Forex Risk/Reward Ratio
Thursday, 12 September 2013 11:03 UTC
A forex trader will often encounter the term 'risk/reward ratio'. What does this tem actually mean? Would understanding this ratio bring a lot of profit to a trader?
Forex Market Analysis
Subscribe to Newsletter