Category Archives: Forex Trading Signals

Forex Trading Signals

EURUSD Weekly Summary: Remains Consolidating, Waiting for a Breakout – FXOpen forex Analytics

Below is copy from FXopen daily forex Analytics:
The EURUSD made another indecisive weekly movement this week, formed a Doji on weekly chart. On daily chart below we can see that the pair still trapped in range area of 1.4405 – 1.4180. We need a break from the range area to have a clearer view whether [...]

USDCHF Daily Forecast: September 04 – FXOpen Forex Analytics

below is the daily forex Analytics from FXOpen
USDCHF Forecast
The USDCHF made indecisive movement yesterday. The pair attempted to push lower, bottomed at 1.0544 but further bearish scenario was rejected as the pair whipsawed to the upside and closed higher at 1.0617. On h4 chart below we can see that the pair still trapped in a [...]

30th January Forex Breakout Signals

EUR/USD
Sell Limit @ 1.3000  SL 1.3050   TP 1.2700
GBP/USD
Sell Limit @1.4280  SL 1.4380  TP 1.3500

Euro Pummeled Again, EUR / USD 1.2600 in Sight

It ’s not only the outlook on shrinking interest rate differentials between the euro and the USD that puts pressure on the euro: Weak stock markets, influenced by bad news again from the financial sector ignited some flight to the Greenback, considered now as the saver haven, the same as with the yen, now the [...]

What is Average True Range (ATR) Technical Indicator

The Average True Range is an indicator of volatility. It was developed by J. Welles Wilder in 1978. As well as the many other indicators, first it was created for the commodity markets, which are more unsteady than shares, and for the prices at the end of day. Nowadays it’s widely used in Forex market, [...]