AUDUSD technical analysis | 8th may

AUDUSD pair testing 61.8% retracement level | 8th May 2017

Posted Posted in Technical Analysis

AUDUSD technical analysis: Testing 61.8% retracement level | 8th May 2017 First critical Resistance: 0.7520 Second critical Resistance: 0.7451 First critical Support: 0.7380 Second Critical Support: 0.7390 Overall Sentiment: Bullish Δ The AUDUSD pair sharply dropped in the global market after hitting the long term bearish trend line resistance level at 0.7746.We took short entry at 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

USDJPY hitting channel support

USDJPY bounce off from channel support level | 23rd April 2017

Posted Posted in Technical Analysis

USDJPY technical analysis: Possible bullish move | 23rd April 2017 First critical Resistance: 110.06 Second critical Resistance: 112.20 (Channel resistance) First critical Support: 108.10 Second Critical Support: 107.40 Overall Sentiment: Bullish Δ The USD JPY pair sharply fallen in the descending channel support zone and after hitting the critical channel support level at 108.10 the pair Read More