Principal

Forex Technical Analysis: Trend potential

Presented method is the method of technical analysis, which statistics of accuracy is within the range of 60-70%. It is based on three key indicators (Bollinger bands, ADX and RSI) as well as on price levels and price action signals. Analyst Alexey Panasenko is the method's author.

Subscribe to our RSS
Forex Technical Analysis: Trend potential feed

Comece
a negociar

Abrir
Conta Demo

Forex Technical Analysis: Trend potential

Forex technical analysis helps to answer the questions: How to interpret Forex rates? Buy? Sell? Close a trade? Take profit or let it run for some more time? Will it face reversal or go trhough correction? Accept a loss and “flip over” or wait for some more time? Finally, how to define Forex trend?” All these questions drive a trader (mainly beginning) crazy, if he does not know the answer. By the way, who will dare to claim to know the answer? Forex exchange rates are cruel towards one's self-confidence and arrogant manner.

Nevertheless, it is subject to regularities and daily techical analysis forex. There are plenty of strategies on Forex trend lines. We are not so much interested with the direction of fx rate along major lines (this is interesting too, though) as with the Potential of the Forex trend. The main purpose of our Forex technical analysis report named "Potential of Trend" is to find if current price goes through correction either we face a trend.

Example of Forex technical analysis

13 - 17 Julho	weekly forecast 13 - 17 Julho Weekly review of S&P500, oil and gold Monthly chart: Together with the oscillator, the price is moving upwards as ADX is falling. It means that index will reverse downwards at least to the middle Bollinger band (1964.1) – not above the upper Bollinger band (2182.0). Weekly chart:: even better shaped resistance on 2132.3 (the Mais
2015	EURUSD	GBPUSD	USDJPY
17 Julho	Key support for Euro - 1.0843 Daily chart bears still press and now a new support level is 1.0843 (the bottom Bollinger band). Below we have a small downfall to the 5th figure. Н4: resistance is on 1.0968 (the middle Bollinger band ). On the event a pullback to this area takes place, we can open sales. Н1: a better shaped resi Mais	Flat 1.5586-1.5636 Daily chart : the middle Bollinger band has put bulls in trouble. Н4: an ascending flow has been preserved here. Support is on 1.5586, resistance is on1.5701 (the middle and the upper Bollinger bands respectively) Н1: flat horizontal channel 1.5586-1.5636 Expectations: flat 1.5586-1.5636 Trading Mais	Taking a rest Daily chart: the price has preserved an ascending dynamics towards the upper Bollinger band (124.67) Н4: a better shaped resistance on the upper band (124.34) plus a correctional dynamics towards the middle (123.69) and the bottome ones (123.04) Н1: a narrow flat channel 123.94-124.17. Expectatio Mais
16 Julho	Possible demand in Euro – around 1.0882-1.0904	Today we have two scenarios	Sell signals may occur around 124.14
15 Julho	Flat but it is not boring	Waiting for an upward dash, pullback and chanced to enter in purchase	Equally probable scenarios
13 Julho	Looking to buy on this decline	Waiting for growth in the direction of 1.5650	Equally possible outcomes

FreshForex is a brand that provides access to online trading for clients from more than 200 countries all over the world. The Company's partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 19 years.
Clients must be at least 18 years old to use the services of the Company.
The company's services and information on the site are not intended for citizens and residents of some countries, such as Belgium, China, North Korea, France, Hong Kong, Russian Federation, Spain, Great Britain, USA, and also countries identified by the FATF as high-risk countries or countries with serious AML/CFT deficiencies; countries or regions that are under international sanctions. A complete list is available on the "Countries where the company's services are not provided" page. The Company does not have representative offices in the Russian Federation and does not register clients from the Russian Federation.
Risk Warning: Trading financial instruments with leverage carries high risks and can result in both profits and losses. Potential losses are limited by the deposit amount. Before deciding to trade, the client should assess their risk tolerance, experience, and knowledge level.

Freshforex.com uses cookies for better website operation, traffic flow analysis, and personalization. By using this website you agree to our Cookie Policy.
User Data privacy is protected in accordance with GDPR. The SSL certificate installed on the website transfers the information over a secure protocol.
The site contains links to websites of third parties. The Company does not check or control the third-party resources that are in any way related to the FreshForex site, so the Company is not responsible for any third-party information or materials posted.
By creating a link to a third party website, the Company does not endorse or recommend any products or services offered by the third party.
The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. It also should not be considered as an offer/solicitation to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as a recommendation to buy, sell or otherwise deal with any particular currency or any other trading asset investment. If you are not sure about your local trading regulations, please, leave this website immediately.

© 2004—2024 FreshForex – Forex broker
Reproduction of the contents is allowed only with active hyperlink to original source.

Forex Technical Analysis: Trend potential

Nossos melhores prêmios: