Recent content by AmanK

Well, two indicators can give the best view about the market. for example: MACD (Moving Averages of convergence and divergence) - If the bullish chart line is above the bearish chart line.. Its a bullish trend. (buying opportunity) RSI (Relative Strength Index) - If the chart line is bullish...

AUDUSD: Retraces from its 7-weeks Highs After closing the previous day above the 7-weeks major resistance of 0.7300, the traders are restoring to technical selling on the wake of long positions being built by them ahead of the major OZ’s data. Yesterday, the currency pair was all geared up when...

Hey, GBP is being subdued by the hard-rock USD all because of rising expectations from FED. 1.5300 is acting as the major resistance for the cable as shown in the chart- Since this week is highly crucial, any bad new for USD can turn out be positive for GBP and then it might go upto this...

Hey Gustave, thanks fellow for starting this thread. For a newbie like me, this thread is really helpful. And a big thanks to Pharaoh, the link provided by you really looks like a Golden collection :D Great work man! Thanks a ton:) and keep us updating with such good information.

Yeah it is good to start with one currency pair as mentioned you can earn large profits. But fundamentally, when we talk about currency it is not only the domestic economy that matters but also the global economy have some significant over the currency pair. Like if we select the pair of...

First of all as we know there are hundreds of currency pairs that are interconnected to each other. Like taking your example we have a pair of EUR/AUD on the other hand we also have a pair of EUR/USD and AUD/USD. Thus any news on USD will make changes with some percentage on the latter currency...

Hello, On a daily trade, Stock prices are determined by the forces of demand and supply at which stocks are bought and sold. It means that no trade exists until and unless one participant is willing to sell and other participant is willing to buy the same stock at same price. A rise in demand...

hello, In your chart the two lines, EMA 26 and EMA 12 are showing a strong bullish signal at the point you have mentioned as it was about to make a crossover but it touched and bounced back predicting a strong buying at that price. However if EMA 12 would have breached EMA 26 it would be a sign...

there are thousands of indicators that millions of traders follow. according to my analysis, kind of indicator or technical depends on the fundamental of the stock like the market capitalistation, PEG ratio, earnings etc. its performance over last few sessions. we should also look over any...