USDJPY back into ascending channel zone | 18th May 2017

Posted on Leave a commentPosted in Technical Analysis

USDJPY technical analysis: Back into the daily ascending channel |18th May 2017 First critical Resistance: 111.48 (Channel resistance) Second critical Resistance: 115.42 (High of 10th March 2017) First critical Support: 107.96 Second Critical Support: 105.40 Overall Sentiment: Bearish∇ The USDJPY pair rallied higher and broker the channel resistance level but ultimately failed to keep its Read More

Forex Knowledge: An Overview

Posted on Posted in Fx School

Overview on Forex As we have gone through our previous articles, you have some knowledge about the basic understandings of forex. In this article, we will try, sum up, the article with the extracts of the previous articles major ideas and give you an overview on Forex. This article will circulate all the basic ideas Read More