Foreign Exchange (Forex) market services
About Market Cycle
Most of the phenomena we encounter in our daily lives occur in cycles. This is the case with seasons, the rising and setting of the sun, the ebb and flow, day and night, the earth revolving around the sun, etc. We take these for granted and rarely think of them in terms of cycles. Furthermore, we seldom associate cycles with forecasting. Now, we can use market cycle theory to forecast the evolution of forex markets.
Daily Forex ReportsGBPUSD Head and Shoulders Forming (Sep 1, 2016)
Thursday, 01 September 2016 04:33 UTC
GBPUSD might be tired from its climb as price seems to be forming a head and shoulders pattern on its 1-hour time frame. The pair has yet to complete the right shoulder if the short-term Fib levels keep gains in check. In particular, price could...GBPUSD Daily Analysis - September 1, 2016
Thursday, 01 September 2016 02:41 UTC
GBPUSD remains in downtrend from 1.3278. The rise from 1.3059 is likely correction of the downtrend. Another fall could be expected after correction, and next target would be at 1.2900 area. Key resistance is at 1.3278, only break above this level...EURUSD Daily Analysis - September 1, 2016
Thursday, 01 September 2016 02:40 UTC
EURUSD continued its downward movement from 1.1366 and the fall extended to as low as 1.1123. Further decline is still possible after a minor consolidation, and next target would be at 1.1000 area. Resistance is at 1.1210, only break above this...USDCAD Daily Analysis - August 31, 2016
Wednesday, 31 August 2016 05:36 UTC
USDCAD's upward movement from 1.2763 extended to as high as 1.3112. Further rise could be expected after a minor consolidation, and next target would be at 1.3200 area. Support is at 1.3000, as long as this level holds, the uptrend will continue.USDJPY Daily Analysis - August 31, 2016
Wednesday, 31 August 2016 05:36 UTC
USDJPY's upward movement from 99.52 extended to as high as 103.22. Further rise is still possible over the next several days, and next target would be at 106.00 area. Support is at 101.70, only break below this level could trigger another fall to...AUDUSD Daily Analysis - August 31, 2016
Wednesday, 31 August 2016 05:35 UTC
AUDUSD continued its downward movement from 0.7755, and the fall extended to as low as 0.7500. Further decline is still possible over the next several days, and next target would be at 0.7250 area. Near term resistance is at 0.7585, only break...
Forex SignalsBuy GBP/NZD @ 1.81215 By Signal Factory
Thursday, 01 September 2016 01:45 UTC
Buy GBP/NZD @ 1.81215 By Signal Factory | SL:1.80815 | TP:1.82015 | 2016.09.01 01:44...Buy NZD/CAD @ 0.95023 By Signal Factory
Wednesday, 31 August 2016 21:00 UTC
Buy NZD/CAD @ 0.95023 By Signal Factory | SL:0.94623 | TP:0.95823 | 2016.08.31 20:52...Buy EUR/CAD @ 1.46222 By Signal Factory
Wednesday, 31 August 2016 20:45 UTC
Buy EUR/CAD @ 1.46222 By Signal Factory | SL:1.45822 | TP:1.47022 | 2016.08.31 20:41...Close(SL) Sell GBP/NZD @ 1.81195 By Signal Factory
Wednesday, 31 August 2016 20:30 UTC
Close(SL) Sell GBP/NZD @ 1.81195 By Signal Factory | Loss: -40 pips | 2016.08.31 20:28...Sell GBP/NZD @ 1.80795 By Signal Factory
Wednesday, 31 August 2016 19:45 UTC
Sell GBP/NZD @ 1.80795 By Signal Factory | SL:1.81195 | TP:1.79995 | 2016.08.31 19:35...
Technical Analysis ArticlesTips on Choosing the Right Forex Broker
Wednesday, 29 January 2014 14:43 UTC
According to estimates, the average traded value per day in the forex market is to the tune of $4 trillion, making it the world’s largest financial market. Forex trading is a high-risk activity and investors are susceptible to windfall profits and...The Two Types of Forex Trading Spreads
Tuesday, 17 December 2013 04:31 UTC
A spread is the difference between the price a trader pays and the price offered by a broker. It is expressed in pip/s. For instance, a trader's price is 4.000 and a broker's offer is 3.500, the difference between them is .500. Thus, the spread is...What are the political and economic factors associated with forex trading?
Thursday, 24 October 2013 12:32 UTC
For people seeking to engage in forex trading, whether by directly buying currencies or by spreadbetting via a company like IG, the array of political and economic indicators that can move the currency markets...What's the best way to trade Martingale Forex Trading Strategies?
Monday, 07 October 2013 08:19 UTC
We are not advocating Martingale strategies. But rather, we respect the Martingale concept and believe it has its place in a trader's portfolio. The following tips seek to reduce the overall risk and increase the overall success for Martingale...Know more about Forex Risk/Reward Ratio
Thursday, 12 September 2013 11:03 UTC
A forex trader will often encounter the term 'risk/reward ratio'. What does this tem actually mean? Would understanding this ratio bring a lot of profit to a trader?
Forex Market Analysis
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