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Bitcoin Weekly Price Analysis – April 28

dimanche 29 avril 2018
BTCUSD Long-term Trend – Bearish


Distribution territories: $11,000.00, $12,000.00, $13,000.00.
Accumulation territories: $7,000.00, $6,000.00, $5,000.00.

BTCUSD, like many other digital assets across the globe, witnessed a volatile price decline on April 25. The BTC market prices are averaging a bit above the distribution territory of $9,000.00 right now, after tumbling below the accumulation territory of $8,000.00. The chart shows that the BTC bulls hit some strong distribution territories, very close to $10, 000.00.

The Simple Moving Average 13 has crossed the 50 one from below. This indicates that some of the downturns may be short-lived and the path distribution territory will be headed northward. The Stochastic Oscillators have dipped into the overbought zone, but is still pointing northward. The sentiment remains that the bulls need to break the distribution territory again, above the $10,000.00 distribution territory, to have a better stride. There can also be some pit stops between $9,000.00 and $11,000.00 distribution territories. Traders should be cautious of taking short trade entries at this point in time to avoid selling at lower prices as a result of panic.


The views and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your own research.



Bitcoin Weekly Price Analysis – April 28
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Weekly Trading Forecasts for Major Pairs (April 30 – May 4, 2018)

dimanche 29 avril 2018
Here’s the market outlook for the week:

EURUSD
Dominant bias: Bearish
This pair experienced a strong bearish movement last week, dropping 230 pips, and nearly reaching the support line at 1.2050. However, price closed above the support line at 1.2100, and that might be a good opportunity to sell short at a better price, for price may continue going downwards this week, because USD keep on being strong. The support lines at 1.2100, 1.2050 and 1.2000 are the next targets. EUR pairs will also experience strong volatility in May.


USDCHF
Dominant bias: Bullish
This trading instrument went upwards last week (gaining 150 pips). Over 300 pips have gained in the last two weeks, and this is just the beginning, because the northwards journey would continue as a result of the stamina in USD. The resistance level at 0.9900 has been tested and it would be tested again, and get breached to the upside. That is when price would target additional resistance levels at 0.9950, and ultimately 1.0000.

GBPUSD
Dominant bias: Bearish
GBPUSD shed 250 pips last week, and it has shed more than 600 pips since April 17. There is a huge Bearish Confirmation Pattern in the market, which portends possibility of further southwards journey. The accumulation territories at 1.3750, 1.3700 and 1.3650 could be reached before the end of the week. The accumulation territory at 1.3750 was tested last week, and it would be tested again this week, for the outlook on GBP pairs remains bearish. GBP pairs will also experience high volatility in May.

USDJPY
Dominant bias: Bullish
Price started rallying last month, and it rallied considerably last week. The bias on the market has thus turned completely bullish as price neared the supply level at 109.50, and it is now close to the demand level at 109.00… However, price may not be able to go protractedly upwards again, because there is a very strong bearish outlook on JPY pairs for this week, and for May 2018. Long positions should be liquidated because bulls will suffer seriously in May.

EURJPY
Dominant bias: Bullish
This cross did not made any strong directional movement last week. Price made a weak bullish effort on Monday and Tuesday, consolidated on Wednesday and then got a bearish correction on Thursday and Friday. Although the ongoing bias is bullish, bulls are obviously getting weaker and weaker, showcasing their lack of interest in pushing price upwards. The recent bearish correction may eventually turn out to be something significant. A large movement is expected on EURJPY in May, and it would mostly favor bears.

GBPJPY
Dominant bias: Bearish
Just like EURJPY, albeit in a significant mode, this cross pair made a clear bullish effort on April 23 and 24, then ranged on April 25; only to dip on April 26 and 27. The dip on April 27 was strong enough to enforce a formation of a Bearish Confirmation Pattern in the market. Given the weakness in GBP and a bearish outlook on JPY pairs (Yen would become strong), this cross would continue to go further southwards, reaching the demand zones at 150.00, 149.50 and 149.00 this week.

This forecast is concluded with the quote below:

“What you need is the safety of a detailed trading plan: specific guideline to follow. Making a plan follows the wisdom of any job being 80% preparation and only 20% execution. The more clearly the plan is laid out, the easier it is to follow. And when the plan is easy to follow, it's likely that you'll stick with it. You'll be disciplined and in control of your emotions and thought processes.” – Andy Jordan (Source: Tradingeducators.com)

Source: www.tallinex.com



Weekly Trading Forecasts for Major Pairs (April 30 – May 4, 2018)
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Spread

vendredi 27 avril 2018
Spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. We the traders who are particularly scalpers have to choose the broker which always makes sure lowest trading spreads which is very supportive to make profit with certainly by scalping.



Spread
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Ethereum Price Analysis – April 25

jeudi 26 avril 2018
ETHUSD Medium-term Trend: Bullish

Resistance: $680, $670, $660
Support: $620, $630, $640


Yesterday, April 24, Ethereum price was in a bullish market and reached the resistance level at $700. The bulls have attempted breaking the resistance level without success. The reason for this is that the resistance level was previously a strong support level that was broken by the bears on March 13, 2018. Today, the asset is trading at $644.55 at the time of writing.


Nevertheless, in the weekly chart, the ETHUSD pair traded up to $709, but was resisted by the bears. The price fell to the $640 low. However, although the price has fallen as per the indicators and price action; the overall trend is bullish. In the weekly chart, the MACD line and the signal line are below the zero line, indicating that the market is bearish.


The 12-day EMA is above the 26-day one and are below the price, indicating that the bullish trend is ongoing.


ETHUSD Short-term trend: Ranging


n the daily chart, the price is in a range bound movement. Ethereum was ranging at the $700 resistance level. At $670, the bulls took the price to the resistance zone and were resisted by the bulls at $710. Then there was a pullback to the $640 low when the market went into a range bound movement.


The views and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your own research.



Ethereum Price Analysis – April 25
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Weekly Trading Forecasts for Major Pairs (April 23 – 27, 2018)

lundi 23 avril 2018
Here’s the market outlook for the week:

EURUSD
Dominant bias: Neutral
The bias is neutral in the long-term term, and bearish in the short-term. Price went southwards last week, losing up to 130 pips, after testing the resistance line at 1.2400. The support line at 1.2250 was almost tested, but price closed close to the resistance line at 1.2300. Owing to the short-term bearishness in the market, further southwards journey is anticipated, which may push price towards the support lines at 1.2250, 1.2200 and 1.2150.


USDCHF
Dominant bias: Bullish
The Bullish Confirmation Pattern in this market was partly brought about by the anticipated stamina in Greenback. Since testing the support level at 0.9200 on February 16, price has gained 550 pips (gaining 220 pips in this month alone), closing around the resistance level at 0.9750 on Friday. Price should continue going further upwards as EURUSD is pushed further southwards. The resistance levels at 0.9800 and 0.9850 are the targets for this week.

GBPUSD
Dominant bias: Bearish
The Cable consolidated in the first week of April, went upwards in the second week, and came downwards heavily in the third week (last week). After testing the distribution territory at 1.4350, price has nosedived by 350 pips, reaching the accumulation territory at 1.4000, and closing slightly below it. The bias on the market has now turned bearish, and that may be upheld this week, as the accumulation territories at 1.3950, 1.3900 and 1.3850 are aimed.

USDJPY
Dominant bias: Bearish
The trading instrument is bearish in the long-term, and bullish in the short-term. After price rammed into the demand level at 105.00 on March 23, it has gone upwards by 280 pips since then. Price closed above the demand level at 107.50 on Friday and it may even reach the supply levels at 108.00 and 108.50 this week…. Before the anticipated reversal occurs. The reversal may be strong enough to take price towards the demand level at 107.50.


EURJPY
Dominant bias: Bullish
This is a bull market in the near-term, but the bullishness in the market is very weak. Price did almost nothing last week, save some consolidating movement throughout the week. The consolidation may continue this week, but a breakout is imminent, which would most probably favor bears. Thus, the demand zones at 132.00, 131.50 and 131.00 could be reached, which may effectively challenge the recent bullishness in the market.

GBPJPY
Dominant bias: Bearish
There is now a Bearish Confirmation Pattern in the market, which was forcefully brought about by the large pullback that occurred in the market. Roughly 280 pips were shed as price closed below the supply zone at 151.00 on April 20, 2018. It is expected that further southward movement would play itself out this week, because the outlook on JPY pairs is somewhat bearish for the week. This means the accumulation territories at 150.50, 150.00 and 149.50 would be reached easily.

This forecast is concluded with the quote below:

“Accept that you can trade, it really isn’t as cognitively difficult as people make out. It is emotionally and psychologically difficult but it doesn’t require much brain power despite what you may be told. Therefore, it is within the realm of most to be able to understand the basics of trading.” – Chris Tate


Source: www.tallinex.com



Weekly Trading Forecasts for Major Pairs (April 23 – 27, 2018)
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Bitcoin Weekly Price Analysis – April 21

lundi 23 avril 2018
BTCUSD Long-term Trend – Bearish

Distribution territories: $10,000.00, $11,000.00, $12,000.00.
Accumulation territories: $7,000.00, $6,000.00, $5,000.00.


Though the trend outlook in the BTCUSD long-term trend chart is still bearish. Bitcoin has been making a more appreciable rebound against the US dollar since 12th of April, while producing a dramatic northward spike. There have been many higher lows than lower lows on the pair. The stochastic oscillators have now found a fresh dipping into the overbought zone.


The bullish candlestick formed on April 12, has breached past the simple moving average 13, leading the price action hover toward the trend line of the simple moving average 50. The price has been trading between the accumulation territory of $7,000.00 and a bit above the distribution territory of $8,000.00. The BTC/USD chart has shown a bullish reversal above the southward trend line, and if the bears manage to claw the price down, then there can be some smaller thick accumulation territories below the $8,000.00 distribution territory. In this regard, investors can watch out for taking a long entry while the price reverses.


The views and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your own research.



Bitcoin Weekly Price Analysis – April 21
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Bitcoin Price Analysis – April 19

jeudi 19 avril 2018
BTCUSD Medium-term Trend: Bullish


Resistance: $9,500, $9,000, $8,500
Support: $6,500, $7,000, $7,500

Yesterday, April 18, price of Bitcoin which fell was as a result of price pullback. It was at the resistance level of $8,500 that it faced opposition. We also assume that if price of Bitcoin continues with fall in price, it will find support at $7,500. Today, price of Bitcoin is in a Bullish market trading at $8,209.61 as at the time of writing.

At the onset of a trend, whether bullish or bearish traders are to look for buy setups or sell setups. In the case of a bullish trend, we are to look for buy setups. From the weekly chart, a bullish trend line is drawn across the price bars showing the support levels of price where traders can place long trades.

Any time price pulls back to the trend line, it is an opportunity to initiate a long trade. As the bullish market continues, price is expected to retest the resistance level at $8,500 and break it. If it eventually breaks the resistance at $8,500, it will face another resistance at $9,000 before reaching other highs of price levels.

BTCUSD Short-term Trend: Bullish

In the daily chart, price of Bitcoin is making a series of higher highs and higher lows. The 50-day moving average and 20-day moving average are trending northward signifying the uptrend.

The views and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your own research.



Bitcoin Price Analysis – April 19
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Successful in trading

mercredi 18 avril 2018
You can find a successful trading strategy from various sources , but if you want to get maximal result by your trading strategy first of all you have to make sure real money managing plan , otherwise that’s not possible at all to make profit with consistency despite of having most successful trading strategy.



Successful in trading
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How should a Forex trader think to become successful

vendredi 13 avril 2018
If you are in the Forex market you should bear one thing in mind i.e. psychology plays a major role in trading. When we mention psychology it directly deals with the trader's mindset. The topic trading psychology is not a simple topic rather it is a wide topic. If we focus psychology of traders it will be easy to identify the mistakes. As for an example, the Singaporean traders are successful it is not only because of the market knowledge but also due to the trading psychology. Traders are also human, so it is impossible to avoid mistakes to zero. They will also make mistakes and it might even repeat if they don't handle the trading mindset. A trader should have the ability to control his mindset in order to become successful. The major mistake among naïve traders is fear and it leads to higher losses. Most traders leave the Forex market due to their fear of trading Forex. You cannot avoid your feelings but you can handle the way you approach it. If you want to handle it intelligently you must focus on trading psychology. You must take the time to enhance your knowledge related to the psychology of trading. Trading psychology will increase your profit immensely but you should grasp the knowledge properly.

Trading is an art which requires an extreme level of precision and devotion. You can really call yourself a successful trader unless you make a consistent profit for six months. Managing a big fund for a long period of time is extremely challenging. You have to ask yourself whether you have a financial backup for six months to support your family. If you trade this market under extreme stress, it won’t take much time to make mistake. You need to be stress-free to become successful at Forex trading profession.

You are the enemy
Definitely, in trading Forex, you are the enemy of yours. The reason is you don't let yourself play the role rather your emotions do. You may want to remain calm. You may want to run a successful trading account. You may want to select the best online trading platform. But to do all these you should have a stable mindset if not you will take the wrong decision. In fact, there are traders who trade demo account in a mind-blowing manner but when it is the live account, it becomes vice-versa. Likewise, all these happen due to not having a balanced mindset and not controlling the emotions. If you don't control the emotions you wouldn't be able to succeed in trading because the reality may scare you. You can never get rid of emotions because you are a human but you can handle them wisely. You should practice demo account assuming it as live account and let the emotions be real. If you are tempted to enter into a trade you should not enter until you feel it as profitable. Likewise, you should try to play your role completely.

Trading euphoria to be avoided
You may have learned the successful trading strategies and techniques but it doesn't make you superior. You may think you are well-versed once you face two or three profitable trades but it is not the case. When a trader becomes overconfident in trading it leads to worse situations. He tends to believe that what he is doing is correct and perfect. This is how most traders fail in trading the Forex market. If you want to become successful you should get rid of such thoughts.

Come outof your comfort zone
You may already know that Forex market is a decentralized market meaning no one controls it. If you try to decide what might happen next without studying the market then, it is obvious for you to end up losing. You shouldn't assume that the market will be as it was yesterday because Forex market is uncertain.



How should a Forex trader think to become successful
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Strategies in Forex

mercredi 11 avril 2018
For using any kinds of trading strategies first of all we the traders have to make sure the broker which for all time make sure lowest trading spreads which is really supportive to predict the real faction of this market with certainly. that’s why now I am with LQDFX which always ensures lowest trading spreads from 0 pips that’s very supportive to lead a comfortable trading life with certainly.



Strategies in Forex
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Ethereum Price Analysis – April 11

mercredi 11 avril 2018
ETHUSD Medium-term Trend: Bullish


Resistance: $435, $430, $425
Support: $405, $410, $415

The ETHUSD pair had a bearish outlook yesterday. The MACD line and the signal line were below the zero line. From the price action, Ethereum had a bearish view but it commenced a range bound movement. Today, price of Ethereum is in a bullish trend, trading at $417.92, as at the time of writing. From the weekly chart, price bars of Ethereum is above the 12-day EMA and 26-day moving averages indicating that the bullish trend is in force.

The MACD line and the signal line are above the zero line and a positive histogram showing us that a bullish trend has begun. Price of Ethereum will encounter its first resistance at $420. If the bulls overcome the initial hurdle at $420, I expect price to reach its previous level at $440.


ETHUSD Short-term trend:Bullish

In the daily chart, we find the bullish trend in its expanded view. You will find the bullish trend line showing support levels where traders can place their long trades. Traders are to look for buy setups along the trend line. They can exit their positions as soon as price breaks the trend line and the candlestick close on the opposite of the trend line.
On the other hand, you can exit your trade as soon as the MACD lines are below the zero line.

The views and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your own research



Ethereum Price Analysis – April 11
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Bitcoin Price Analysis – April 10

mardi 10 avril 2018
BTCUSD Medium-term Trend: Ranging

Resistance: $7,100, $7,000, $6,900
Support: $6,500, $6,600, $6,700

Yesterday, April 9, the price of Bitcoin was in a bullish trend. Bitcoin traded up to $7,200 before the bears took control of the market and brought price to its low at $6,786.67. Price has resumed its range bound movement because neither the bulls, nor the bears have control of price. From the weekly chart, the support at $6,500 and the resistance at $7,500 have been strong key levels for the price of Bitcoin.
These key levels have been holding since March 30, 2018. The bears have been resisted by the bulls at the support level; therefore price is expected to rise again or fluctuates. Traders can adopt a range bound strategy in a situation where price is in a range bound movement. I don’t see price breaking the support level but if it does traders should short their positions.

I expect price to rise again or fluctuates in a range bound movement. Now look at the weekly chart. If you had followed the range bound movement since March 30, 2018, you would have had the opportunity of placing two long trades and a short trade. In a range bound strategy, you take a long trade at the support level and exit near the resistance zone.
On the other hand, you take a short trade at the resistance level and exit near the support zone.
BTCUSD Short-term Trend: Ranging

From the daily chart, the BTCUSD pair is in a range bound movement. Price is oscillating between the resistance at $6,800 and the support at $6,600.

The views and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your own research.



Bitcoin Price Analysis – April 10
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Weekly Trading Forecasts for Major Pairs (April 9 - 13, 2018)

dimanche 8 avril 2018
Here’s the market outlook for the week:

EURUSD
Dominant bias: Bearish
The pair is bearish in the short-term, which is still a weak bias. Price went downwards last week, moving briefly below the support line at 1.2250, and closing above it on Friday. There are resistance lines at 1.2300, 1.2350 and 1.2400. Things will go bullish when the resistance line at 1.2400 is breached to the upside. There are support lines at 1.2250, 1.2200 and 1.2150. Things will go strongly bearish when the support line at 1.2150 is breached to the downside.


USDCHF
Dominant bias: Bullish
The market remains bullish in the short-term (and its fate is largely subject to whatever happens to EURUSD). Price went upwards last week, almost reaching the resistance level at 0.9650, and then getting corrected lower. The short-term bullishness will be rendered ineffectual only when price goes below the support level at 0.9500. On the other hand, a movement above the resistance level at 0.9700 will result in a stronger bullish bias on the market.

GBPUSD
Dominant bias: Neutral
The market is neutral because there was no significant directional movement last week. Price hovers between the distribution territory at 1.4200 and the accumulation territory at 1.3900. Price would need to go above that distribution territory or below the accumulation territory, for a directional bias to form, but that would require a big momentum to happen. A possibility of a movement to the upside is very strong because the outlook on GBP pairs is very bullish for this week. Therefore a rally is likely in the market.

USDJPY
Dominant bias: Bearish
The trading instrument is bearish in the long-term, and bullish in the short-term. In the short-term, price gained 180 pips from the low of last week, reaching the supply level at 107.50. Then there was a slight bearish correction in the market, which would eventually turn out to be an opportunity to buy long at better prices. A rally is very likely this week, which would push price upwards by 200 pips. This movement would be strong enough to override the long-term bearishness in the market.


EURJPY
Dominant bias: Bearish
This cross is bearish in the long-term, and rather neutral in the short-term. Another reality is that the market condition is currently choppy, but that might come to an end when a rally occurs in the market. There is a strong likelihood of a rally here, owing to a bullish expectation on JPY pairs for this week. The supply zones at 131.50, 132.00 and 132.50 could be reached when a bullish movement begins.


GBPJPY
Dominant bias: Bullish
GBPJPY cross remains bullish, especially in the medium-term. The market gained roughly 500 pips on March and it has gained over 200 pips this month, closing above the demand zone at 150.50 on Friday. There is a Bullish Confirmation Pattern in the market, and thus, price is expected to continue going upwards this week, reaching the supply zones at 151.00, 151.50 and 152.00. The supply zone at 152.00 could even be exceeded.

This forecast is concluded with the quote below:


“You have what it takes to be a great trader! You may know this already or you may be curious to find out if you really do have what it takes.” – VTI

Source: www.tallinex.com



Weekly Trading Forecasts for Major Pairs (April 9 - 13, 2018)
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Rate any6 Broker

dimanche 8 avril 2018
In my trading career, I could not rate at any kinds of broker which I have not used or verified. As a result in this retail market place almost thousands online brokers are available and by and large are found to be scams. In order to my trading understanding I can rate only LQDFX which I have been using from my first day of trading due to secure trading environment. Actually this STP Execution trading platform for all time make sure security of funds at any kinds of investments with a wide range of trading technologies. So, my trading life is very much secure and comfortable.



Rate any6 Broker
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What Leverage ?

dimanche 8 avril 2018
High leverage can bring profit instantly if you are able to make proper trading planning with great risk management policy , otherwise you can fall a huge loss by taking high leverage , in this market place by and large traders in particularly the newcomers fall a great loss by taking high leverage due to non-sense planning and zero risk management approach. So, before trading with high leverage we have to know how to manage risk.



What Leverage ?
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Unlock Your Potential with the Realities of Trading

vendredi 6 avril 2018
Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines.

Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor results. Making a career out of trading means you have to identify what doesn’t work for you, and stop doing it. But that’s not easy – nobody likes being told they are wrong.

Your mind is the biggest obstacle that you need to overcome. It prevents you from following trading plans and deceives you into disobeying winning rules because of a transitory setback, thus missing great opportunities to make decent profits.

You can only unlock your trading potential through the realities of trading.

This book explains the traps that your mind can fall into and the methods you should use to avoid them. The author talks about how to use trading strategies, how to stay disciplined, and the right attitude to take whether you win or lose a trade. He covers trading situations from the past, such as the Greek debt crisis and the Swiss franc/euro upheaval in 2015, and explains how he traded those opportunities. He also talks about position sizes, the right time to trade and what you need to know about drawdowns.

Throughout the book, the author pinpoints ways in which bad habits can sabotage your trades, and how to prevent this happening and unlock your potential to become a great trader.

Trading realities: http://www.advfnbooks.com/books/unlo...ial/index.html

www.tallinex.com wants you to be a successful trader



Unlock Your Potential with the Realities of Trading
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leverage in Forex

jeudi 5 avril 2018
In Fx trading leverage is an important financial tool which an investor should consider when choosing a broker. Basically leverage allows an investor to grow his market exposure to a level that exceeds the initial investments. My trading career I always like to trade with high leverage for making profit rapidly , that’s why I have chosen LQDFX due to leverage up to 1:500 that is very supportive to trade in a high lot in spite of small balance. so, my trading life is very much comfortable.



leverage in Forex
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Weekly Trading Forecasts for Major Pairs (April 2 - 6, 2018)

dimanche 1 avril 2018
Here’s the market outlook for the week:

EURUSD
Dominant bias: Neutral
The market went upwards last week, to test resistance line at 1.2450; a level from which a bearish correction was experienced. Price came down to test the support line at 1.2300, and then closed just above it. While the current bias on the market is neutral, it is expected that a rise in momentum will happen before the end of this week, which would most probably favor bearish, because the outlook on EUR pairs is strong bearish for the week.

USDCHF
Dominant bias: Bullish
This bias on this pair is bullish – but it is currently not a strong bias. Since testing the support level at 0.9200 (February 16), price has managed to gain about 360 pips. Last week, it managed to stay briefly above the resistance level at 0.9550, after which it closed below it again. A rise in the market is expected this week, which would also be fueled by weakness in EURUSD. The resistance levels at 0.9550, 0.9600 and 0.9650 could be reached before the end of the week.

GBPUSD
Dominant bias: Neutral
GBPUSD is bearish in the short-term, but neutral in the long-term. Last week, price nearly reached the distribution territory at 1.4250, after which it dived towards the accumulation territory at 1.4000. The outlook on GBP pairs is bearish for this week. However it is strongly bullish for April. While the general movement is expected to be upside in April, some selling pressure would be witnessed this week, which could propel price towards the accumulation territories at 1.4000, 1.3950 and 1.3900.

USDJPY
Dominant bias: Bearish
The trading instrument is bearish in the long-term, and bullish in the short-term. There is a Bullish Confirmation Pattern in the market, at least on a short-term basis. Price rose 220 pips last week, to test the supply level at 107.00, and then retraced below the supply level at 106.50. The supply level at 107.00 has thus become a major barrier for any bullish effort, as price goes downwards towards the demand levels at 106.00, 105.50 and 105.00.

EURJPY
Dominant bias: Bearish
This cross is bearish in the long-term, and rather neutral in the short-term. Price is currently choppy as things are now in a range. There is a supply zone at 132.00 and a demand zone at 130.00. As long as price saunters between these two zones, the short-term neutrality will hold. There is a higher probability that price will go southwards (in agreement with the long-term outlook) when a breakout does occur.

GBPJPY
Dominant bias: Neutral
The market is choppy and without direction, although the long-term bias is bearish. In March, what generally happened could be called a rally in a context of a downtrend, as price moved from the demand zone at 145.00, to reach the supply zone at 150.50. The outlook on JPY pairs is bearish for this week, and for this month, which means long trades are not recommended (except in a very short-term context). There will be great volatility on JPY pairs, which would most probably favor bears.

This forecast is concluded with the quote below:

“It’s not about the system, it’s about the trader’s ability to execute the system.” - Curtis Faith

Source: www.tallinex.com



Weekly Trading Forecasts for Major Pairs (April 2 - 6, 2018)
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TopBrokers.com

dimanche 1 avril 2018
Hi! guys I would like to share trading strategies with you as we all know Forex market is the largest, most versatile market in the world. Only few Forex trading strategies doesn't work all. And very best thing is time of investing when you are investing at right time is results to be more profit and good outcomes. But for this you should have good guide like topbroker and you can check forex brokers website topbrokers.com It offers any investor the possibility to filter all Top Forex brokers of the market and find the one that suits best. You should have good experience of up and down of Forex trading otherwise you should have experienced guide like topbrokers.com to earn good profit. I personally am using it and so far, I have actually got good results myself so I recommend it.



TopBrokers.com
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