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 February 27, 2015, Technical Analysis
Friday, 27 February 2015 07:45 UTC
The USD/JPY pair initially fell during the course of the session on Thursday, but found enough support below the 190 level to turn things back around and form a fairly positive looking candle. Ultimately, the market looks as if it’s ready to test the...USD/CAD Forecast February 27, 2015, Technical Analysis
Friday, 27 February 2015 07:44 UTC
The USD/CAD pair initially fell during the course of the session on Thursday, but found enough support to pop back over the 1.25 handle. Because of this, we believe that the market will continue to go higher but struggle with the potential...GBP/USD Forecast February 27, 2015, Technical Analysis
Friday, 27 February 2015 07:43 UTC
The GBP/USD pair fell hard during the session on Thursday, forming a massively large red candle. With that, we feel that the market is getting ready to break down from here and that the 1.55 level has in fact offered quite a bit of resistance....EUR/USD Forecast February 27, 2015, Technical Analysis
Friday, 27 February 2015 07:42 UTC
EUR/USD pair fell hard during the session on Thursday, breaking below the 1.12 handle. Because of this it appears that the market is ready to continue going lower, probably down to the 1.11 handle. We believe that the pair will continue below...AUD/USD Forecast February 27, 2015, Technical Analysis
Friday, 27 February 2015 07:41 UTC
The AUD/USD pair broke higher during the course of the session on Thursday, testing the 0.79 handle. We did up falling from there though, and forming a relatively significant bearish candle. With that, the market looks as if it has support at the 0.77...GBPUSD Ascending Channel (Feb 27, 2015)
Friday, 27 February 2015 04:25 UTC
GBPUSD just bounced off resistance at the rising channel on its 1-hour forex chart and is currently testing the bottom of the range. At the same time, a bullish divergence is playing out, after stochastic made lower lows while price drew higher...
Forex SignalsClose(SL) Sell GBP/CAD @ 1.93138 By Signal Factory
Friday, 27 February 2015 16:31 UTC
Close(SL) Sell GBP/CAD @ 1.93138 By Signal Factory | Loss: -16 pips | 2015.02.27 16:17...Sell GBP/JPY @ 184.913 By Signal Factory
Friday, 27 February 2015 16:30 UTC
Sell GBP/JPY @ 184.913 By Signal Factory | SL:185.048 | TP:184.690 | 2015.02.27 16:30...Sell GBP/NZD @ 2.04477 By Signal Factory
Friday, 27 February 2015 16:30 UTC
Sell GBP/NZD @ 2.04477 By Signal Factory | SL:2.05027 | TP:2.03488 | 2015.02.27 16:27...Sell GBP/CAD @ 1.92975 By Signal Factory
Friday, 27 February 2015 16:15 UTC
Sell GBP/CAD @ 1.92975 By Signal Factory | SL:1.93138 | TP:1.92717 | 2015.02.27 16:10...Close(SL) Sell NZD/JPY @ 90.453 By Signal Factory
Friday, 27 February 2015 16:00 UTC
Close(SL) Sell NZD/JPY @ 90.453 By Signal Factory | Loss: -34 pips | 2015.02.27 15:58...
Technical Analysis ArticlesTips on Choosing the Right Forex Broker
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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
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