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We are all looking for simplicity in life because simplicity reduces our stress level. Many new traders don't know where to start but want to trade all 28 forex pairs because they are afraid to miss an opportunity. Calm down, guys! It's important to focus on specific things and trading pairs...
In case of a breakdown into the zone above the levels of 0.7140, 0.7150, further growth of NZD / USD, which maintains long-term positive dynamics above the important support levels 0.6970 (ЕМА200 on the monthly chart), 0.6960 (ЕМА200 on the daily chart), with targets at resistance levels 0...
NordFX Brokerage company has summed up the performance of its clients' trade transactions in April 2021. The services of social trading, PAMM and CopyTrading, as well as the profit received by the company's IB-partners have also been assessed...
The new Savings Account from NordFX represents a unique know-how developed by the company's specialists, based on DeFi technology. This account allows you not only to receive passive income up to 30% per annum, but also to increase your profits through operations in the financial markets...
The EUR / USD pair responded with active growth after the publication of positive macro statistics from the Eurozone and rose 2.6% to the closing price last Friday. At the time of publication of this article, it is trading near the level of 1...
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Welcome, friends! GBPCHF trading opportunity 05.03 - 05.07 2021 GBPCHF has good trading opportunity next week 05.03 - 05.07 2021...
First, a review of last week’s events: - EUR/USD . The last week of April was marked by three events: the Fed meeting, as well as the publication of data on the US and Eurozone GDP. As for the US Fed, the results of its meeting were predictable. The interest rate was left unchanged at 0.25...
Using a better indicator to scan for ranging markets: The "Ranging Market Detector" Needless to say, trend following is the best way of trading. Try otherwise and life becomes really frustrating...
GBP / USD has moved to growth again, maintaining long-term upward dynamics above the support level of 1.3835 and moving within the ascending channel on the weekly chart. Breakdown of resistance levels 1.3970, 1...
In case of further growth, EUR / USD will head towards resistance levels 1.2180, 1.2340 (this year's highs). A more distant target is located at the resistance level 1...
A breakdown of the local resistance level 0.7815 (April highs and the upper border of the descending channel on the daily chart) will be a signal for the resumption of long positions (see "Fundamental Analysis and Recommendations" ) with a distant target at 0...
If XAU / USD resumes the downward trend, then the first signal for selling the pair will be a breakdown of the short-term support level 1774.00 (see "Fundamental Analysis and Recommendations" ) Breakdown of important short-term support levels 1757.00, 1765.00 will confirm the downside scenario...
In an alternative scenario, after a return to the bull market zone above the resistance level 108.15 and after the breakdown of the resistance levels 108.34, 108.56, long positions will again become relevant...
First, a review of last week’s events: - EUR/USD . The US economy is showing impressive growth. Europe, on the other hand, is in a widespread lockdown and, apparently, is experiencing a second recession. The share of those who received at least one COVID-19 vaccine in the EU is 25...
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The S&P 500 remains positive, but is traded in a range after yesterday's fall (see "Fundamental Analysis and Market Expectations" ) Above the support levels 4141.0, 4044.0, 4000.0, nothing threatens long positions. A breakdown of the local resistance level 4170...
There is a confrontation in the market between rising government bond yields, which puts downward pressure on the gold price, and rising inflationary expectations, which supports gold (see "Fundamental Analysis and Recommendations" ) . Break of the support level 1766...
The unconditional focus of traders' attention today is the ECB meeting. Market participants will closely follow the ECB meeting. Probably, following this meeting, the key interest rate of the ECB will remain at the same level of 0...