USDJPY back into ascending channel zone | 18th May 2017

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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

latest usdjpy technical analysis

Possible breakout of channel resistance in USDJPY pair | 4th May 2017

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USDJPY technical analysis: Possible breakout of channel resistance |4th May 2017 First critical Resistance: 112.70 (Channel resistance) Second critical Resistance: 115.42 (High of 10th March 2017) First critical Support: 108.23 Second Critical Support: 105.40 Overall Sentiment: Bullish Δ The USDJPY pair rallied higher towards the channel resistance level and we have booked 75 percent of our Read More

Price action trading using 100 day SMA

Perfect price action trade setup using 100 day SMA

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The perfect way to trade the 100 day SMA in forex  Everyone wants to become a profitable trader in the forex market but very few of them can actually achieve success in the long run. The novice traders always search for the perfect trading system in the market and end up by losing a huge Read More

Forex Knowledge: An Overview

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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