Main

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 an author of the method.

Subscribe to our RSS
Forex Technical Analysis: Trend potential feed

เริ่มเทรด

เปิดบัญชีทดลองใช้

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

07 - 11 December	weekly forecast 07 - 11 December Weekly Review. S&P 500, Brent, Gold S&P500 Monthly: tendency does not change - we expect a retest of the upper Bollinger band (2169.5) and downward reversal. Weak ADX parameters convey relatively weak movement in the last month. Weekly: confirm resistance 2169.5 (upper Bollinger band). Support - 2040.3 (middle band). The d เพิ่มเติม
2015	EURUSD	GBPUSD	USDJPY
10 December	We expect a corrective decline Daily chart: the upper Bollinger envelope was once again breached. However, ADX is inactive, so we can expect a pullback to the area of the middle Bollinger band (1.0736), from where the main phase of the medium-term growth can start. Н4: a well-expressed divergence of oscillator also speaks fo เพิ่มเติม	Bulls have a good shape Daily chart: a probability of reaching the upper Bollinger band (1.5307). Н4: a significant resistance at 1.5184 can get the pair corrected to the middle Bollinger band (1.5072). Н1: the upper Bollinger band indicates a possible revision of 1.5237 before the correction. Otherwise, bears start di เพิ่มเติม	Beginning of the mid-term decline Daily chart: an impressive breakthrough of the bottom envelope. We are waiting for a rollback to the middle band (122.83) and sell for the medium-term target - 118.68 Н4: a similar situation Н1: localized resistance at 122.15 Expectations: The main scenario - a roll back to 122.15 and then declin เพิ่มเติม
09 December	Potential for growth is limited	Sales from the zone 1.5030-1.5060	Fifty/ Fifty
08 December	Two scenarios for the euro	Decline that may be delayed for one day	Preparing for the impulse
07 December	Premarket view on the euro. Analysis of Friday's close	Premarket view on the pound. What we can expect on Monday	Premarket view on the yen

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

รางวัลที่ดีที่สุดของเรา: