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.
2016 | EURUSD | GBPUSD | USDJPY |
29 tháng Giêng | Daily chart: Meanwhile, Bollinger envelopes are stable, but we that ADX is building its capacity in favor of bulls. Medium-term entrance will be enabled by break of the top envelope, we we should do not hurry with entrance. Н4: return to the area of the middle Bollinger band (1.0888) is very like | Daily chart: we expect a strong resistance in the 1.4427 area (middle Bollinger band), as approach to the level is against a falling ADX Н4: we also see the barrier in the area 1.4405-1.4427. Support is at 1.4294 (middle Bollinger Band). Н1: we confirm support levels and resistance 1.4294\1.4405 | Daily chart: strong resistance around zone 120.23 (the upper Bollinger Band), support is 118.32 (middle band). Н4: here is northern dynamics of the pair on the background of news from Japan. Н1: overboughtness plus weakness of ADX make the probability of a downward rollback toward the middle Bol |
28 tháng Giêng | |||
27 tháng Giêng | |||
26 tháng Giêng | |||
25 tháng Giêng |