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.
2015 | EURUSD | GBPUSD | USDJPY |
10 Tháng mười hai | 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 | 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 | 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 |
09 Tháng mười hai | |||
08 Tháng mười hai | |||
07 Tháng mười hai |