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

30 November - 04 December	weekly forecast 30 November - 04 December Weekly review of S&P500, oil and gold Monthly: November's close is taking place on growth, so on the one hand, we are waiting for finalization of the upper Bollinger band (2169.5) in the medium term, and on the other hand - downward reversal, because ADX still contradicts RSI. Weekly: a little more localized resistance at 2160.0 เพิ่มเติม
2015	EURUSD	GBPUSD	USDJPY
04 December	Correctional karma Daily chart: the abnormal news bar broke the upper envelope, having covered 3-weeks' range, but meanwhile it has not impressed ADX, which turned away from bulls. This may mean a high probability of a strong downward correction prior to a possible full reversal of the euro up, which had been brewing เพิ่มเติม	Those who trade on pullbacks have a chance Daily chart: the middle Bollinger band (1.5147) was reached, from where, taking into account the downward attitude of the envelopes and insufficiently active ADX, we may expect another drop towards the bottom band (1.4976) before the main growth phase starts within the frames of the upward reversal เพิ่มเติม	Anticipating correction in the area of 123.13 Daily chart: the pair continues to be squeezed within the trading range of Bollinger envelopes (122.04-123.64) Н4: the bottom envelope is formally broken, but the pair has substantial support at 122.60. This may lead to a rollback to the zone 123.13 (middle Bollinger band) Н1: the same situation. เพิ่มเติม
03 December	Flat 1.0569-1.0633	Looking for the best entry point on decline	Sandwiched between 123.04 and 123.51
02 December	We may witness upward reversal of the euro	Determine areas to enter up	Small trading ranges
01 December	Bears' sadism is likely to continue	Active movement at relatively small ranges	The pair aims to 124th figure
30 November	Premarket review on the euro. Analysis of Friday's close	Premarket 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: