AUDUSD technical analysis | 8th may

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

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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

USDJPY hitting channel support

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

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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

Understanding the structure of Forex market

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As you have gained some basic ideas about what is forex and how the forex works, you should get the knowledge of the structure of forex. In this articles, you will be provided with real life examples to broaden and widen your window of partial understanding into a single piece of completed knowledge of forex Read More