EURUSD could break resistance and head towards 1.3780
EURUSD is currently looking to test some important level at the moment. A good resistance can be seen at 1.3670 and EURUSD touched it once yesterday and might look to test it once again. If EURUSD managed to continue the current upward momentum and managed to break that level, then we will be looking EURUSD [...]
GBP/USD quickly advancing on new 9-month low…
The GBP is rapidly falling and soon to approach a fresh, 9-month low against the USD dollar which was set yesterday at 1.5189. This downward fall is due to the pair (GBP/USD) recently breaking through the 1.5240 support. We can report that Valeria Bednarik who is an independent analyst for FXStreet.com that: “The pound remains [...]
The Importance of Forex Historical Data
Although it certainly is possible that you look at all of the data that is available and to consider what the future holds whenever trading on the Forex market, there is also a lot of benefit that can be received by looking at Forex historical data as well. Not only can this help you to [...]
How To Setup a Fx Trading System
If you’re interested in getting started on the Forex market, you are about to take a step into a much larger world. There are a number of different things that you need to familiarize yourself with in advance, however, in order to ensure that the trading that you do is going to be as successful [...]
Using a Currency Exchange Rate Calculator for Forex Trading
There are a number of different tools which can assist you in training in forex effectively. One of the ones that is often overlooked is the simple currency exchange rate calculator. These are available on almost any website that offers free tools for trading and even for traveling. Although they are not always utilized for [...]
The Importance of Doing a Forex Broker Comparison
When you first start trading on the Forex market, one of the things that you are going to quickly learn is that not all brokers are created equal. As a matter of fact, it would be a good idea for you to do a Forex broker comparison even before you ever get started on the [...]
EURUSD takes a dip, but for how long?
EURUSD took a good extended dip during this week and the momentum seems to run into next week as well. Although the RSI is on getting very low but EURUSD seems to managing quite nicely by taking retracements which also is providing traders with opportunities. Keeping the current moment into mind, we might see EURUSD [...]
Live Currency Rates – Where Can I Find Them Online?
There are a number of different things that you need to have on hand whenever you’re trading on the Forex market. One thing that you may want to consider, however, is the way in which you are going to get the live currency rates that are taking place in the different types of currencies that [...]
Why Would You Choose a Mini Forex Broker?
Although many of us have heard about the Forex market and would like to try it out, we may not want to put hundreds or perhaps even thousands of dollars into an account in order to try it. There are a number of different ways for you to be able to get around this and [...]
EURUSD getting ready for a dip
EURUSD was traded sideways with low volume for couple of days and its RRI was also on lower side and with sideways movement, RSI has opened up a bit and have created some space for downward move towards 1.3550 level. A good selling level is present just around 1.3680 and EURUSD already touched it one [...]
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