In this technical blog we’re going to take a quick look at the Elliott Wave charts of AUDUSD published in the membership area of the elliottwave-forecast . As our members know, AUDUSD recently gave us rally within...
In order to trade on the Forex, or the international foreign exchange, you must rely on a broker as an intermediary. Brokers provide trading platforms for a trader to open an account on and start trading currencies....
Many readers will think about the bold statement will tell that Forex is all about freedom. Well, it is actually true that the marketplace gives the traders a lot of freedom. But that does not mean you...
The nearest long-term area of resistance is the 20% sellers area (229.95-255.22). The nearest long-term area of support is 30% of sellers (127.69-102.41).The next support level on the daily timeframe is the technical minimum of March 25,...
EURUSD For the euro today we expect a rebound from the zone of 4% and the subsequent increase to the level of the limit seller with a possible false breakdown to the zone of 8%. GBPUSD Today...
GBPUSD Today we expect a rebound from the zone of 12% and an increase to the zone of 16%. In case of fixation below the 12% zone, we expect a decline to the level of the weekly...
EURUSD Today we expect growth to the zone of 8%. An increase of $ 67 million strengthens the zone by 8%. Medium-term reference point of increase, – option level of growth of $ 40 million. GBPUSD Today...
When it comes to day trading, things are really hard. The majority of the long-term traders suggest the new traders trade the market in the higher time frame. The position trading strategy is considered to be the...
If you cannot sleep due to the pressure from your work, it is not for you. Having a job doesn’t mean it will give you the most pain possible and in exchange, some money will come to...
The Canadian Dollar strengthened to a two month high against US Dollar earlier this week. Market participants seem to bet on possible inclusion of Canada in a new Nafta pact. The U.S. has just concluded a successful...
