GBPUSD technical analysis

GBPUSD heading towards broken trend line resistance |29th May, 2017

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GBPUSD Technical Analysis: Minor bullish retracement is in place |29th May 2017 First Critical Resistance: 1.29068 ( broken trend line resistance ) Second Critical Resistance: 1.30448 First Critical Support: 1.27732 Second Critical Support: 1.25951 Overall Sentiment: Slightly Bullish Δ The GBPUSD pair broke the 4-hour medium-term bullish trend line support level and stopped its bearish Read More

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

Forex amazing trading tips

Three secrets for trading the high impact news release

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Three things that you should follow while trading the high impact news  The forex market is an extremely volatile market and every single day the number of retail traders is increasing at an exponential rate. Most of the people consider forex trading as their full-time profession since they know that this market can secure their 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