NZDUSD channel analysis

NZDUSD technical analysis: Testing critical channel resistance level | 20th June, 2017

Posted Posted in Technical Analysis

Bearish trade setup in the NZDUSD pair near the channel resistance First Critical Resistance: 0.7300 Second Critical Resistance: 0.7402 First Critical Support: 0.7095 Second Critical Support: 0.6830 Overall Sentiment: Bearish ∇ There NZDUSD pair has rallied higher for the last consecutive 5 week and currently, the bullish momentum of this pair has ceased after the pair Read More

USDJPY back into ascending channel zone | 18th May 2017

Posted Posted 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 amazing trading tips

Three secrets for trading the high impact news release

Posted Posted in Articles

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