Foreign Exchange (Forex) market services
RSI (Relative Strength Index)
The RSI is a price-following oscillator that ranges between 0 and 100. A popular method of analyzing the RSI is to look for a divergence in which the currency price is making a new high, but the RSI is failing to surpass its previous high. This divergence is an indication of an impending reversal. When the RSI then turns down and falls below its most recent trough, it is said to have completed a "failure swing." The failure swing is considered a confirmation of the impending reversal in the price of the currency.
Relative strength index day trading signal
USDJPY daily chart
USDJPY 4 hours chart
Daily Forex ReportsUSD/JPY Forecast November 27, 2015, Technical Analysis
Friday, 27 November 2015 06:11 UTC
The USD/JPY pair rose slightly during the course of the session on Thursday, but you have to keep in mind that it was a fairly illiquid market as the Thanksgiving holiday was celebrated in the United States. At this moment, we feel that the market...USD/CAD Forecast November 27, 2015, Technical Analysis
Friday, 27 November 2015 06:10 UTC
The USD/CAD pair initially rose during the course of the day on Thursday but turned back around to form a bit of a shooting star. Ultimately, you have to keep in mind that even though today is a necessarily a holiday, the reality is that this pair...GBP/USD Forecast November 27, 2015, Technical Analysis
Friday, 27 November 2015 06:09 UTC
The GBP/USD pair fell initially during the day on Thursday, but just as we have seen all week, this market found buyers and we turned back around to form a hammer yet again. Because of this, we feel that this market will more than likely bounce,...EUR/USD Forecast November 27, 2015, Technical Analysis
Friday, 27 November 2015 06:09 UTC
The EUR/USD pair fell slightly during the session on Thursday, but we had a bit of a liquidity issue as the Americans were away celebrating Thanksgiving. Ultimately though, this is a market that every time it rallies you have to be thinking about...AUD/USD Forecast November 27, 2015, Technical Analysis
Friday, 27 November 2015 06:08 UTC
The AUD/USD pair initially fell during the course of the day on Thursday, but then turned back around to form a bit of a hammer. The 0.72 level of course has offered support, but we think there is a significant amount of resistance above at the...USDJPY Reversal Pattern (Nov 27, 2015)
Friday, 27 November 2015 05:40 UTC
USDJPY has been climbing recently but a reversal pattern just formed, indicating that a downtrend might be next. Price made a double top pattern on the 4-hour time frame and is currently testing the neckline at the 122.50 minor psychological...
Forex SignalsBuy USD/CHF @ 1.02935 By Signal Factory
Friday, 27 November 2015 18:45 UTC
Buy USD/CHF @ 1.02935 By Signal Factory | SL:1.02535 | TP:1.03735 | 2015.11.27 18:38...Buy GBP/NZD @ 2.30099 By Signal Factory
Friday, 27 November 2015 18:00 UTC
Buy GBP/NZD @ 2.30099 By Signal Factory | SL:2.29699 | TP:2.30899 | 2015.11.27 17:45...Sell CHF/JPY @ 119.203 By Signal Factory
Friday, 27 November 2015 16:00 UTC
Sell CHF/JPY @ 119.203 By Signal Factory | SL:119.603 | TP:118.403 | 2015.11.27 15:59...Close(SL) Sell GBP/CAD @ 2.01145 By Signal Factory
Friday, 27 November 2015 14:30 UTC
Close(SL) Sell GBP/CAD @ 2.01145 By Signal Factory | Loss: -40 pips | 2015.11.27 14:22...Close(SL) Sell AUD/NZD @ 1.10309 By Signal Factory
Friday, 27 November 2015 13:00 UTC
Close(SL) Sell AUD/NZD @ 1.10309 By Signal Factory | Loss: -40 pips | 2015.11.27 12:59...
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Forex Market Analysis
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