technical analysis

The Alibaba stock slid as much as 4% in Hong Kong on Monday after the e-commerce giant has forecasted slow growth for this year. The company projected sales of about 650 billion yuan ($91 billion) and fourth-quarter profit fell 88% from the same period a year ago. The (NYSE: BABA) stock price...

GBPUSD recovered from the early losses against the US dollar after buyers found short term support near the 1.2160 area. Overall the movement remained bullish throughout the Asian session, at the time writing the pair trading near 1.2270. Meantime, UK Prime Minister Boris Johnson announced that...

Fundamentals At the eve of last week, market sentiment suggested US Dollar retracement as it was seemed overvalued due fundamental background and outstanding liquidity injections from the Fed. The whole week gold was keeping bullish context, preparing to upside continuation and accurately...

Fundamentals No doubts the central moment of this week was NFP report on Friday and ADP report on Wed. Market reaction was moderate as everybody mostly was prepared to negative numbers, but these numbers are yet to be analyzed with scrutiny. Still, there are some other events that are important...

Is it worthy to spend 10K money to learn technical analysis or Buy any Buy Sell Signal Software

USDJPY might start an uptrend soon... 500+ pips up

GBPUSD has strong possibility of uptrend...

There is a nice opportunity of uptrend (around 150 pips) in USDCHF already confirm with trend strength

EURUSD market is currently a bit ranging, however, for long term analysis, it is strong down trend!

AUDNZD is continuously going down and currently, the pair is approaching the strong support at 1.0380/1.04 and currently trading oversold as well. If the pair holds and trade above 1.0380/1.04 we may expect an upside move to 1.0480 & 1.05. In case the daily market closes below 1.0380, the setup...

I used to post my analysis in https://www.forexpeacearmy.com/community/threads/daily-technical-and-fundamental-analysis-for-multi-pairs.61956/ which I have moved here. You can go to that thread for older posts.

Forex InfoBook's last week’s recommendation to short GOLD above 1432 yielded gains of over 300 pips to traders. This Gold weekly trading analysis is valid for the trading period between 01 to 05 July 2019 [published on 30 June 2019]. As mentioned in our analysis earlier, GOLD breaking above...

Forex InfoBook provides traders with accurate technical analysis, trading signals, trading strategies and broker reviews by data mining the Foreign Exchange Markets. The Forex market is the largest in terms of trading volume and offers maximum liquidity. It easy to enter and exit a position in...

In this discussion, we will regularly write our views on currency pairs, stock indices or even commodities. Check it out and give us your opinion too. We are very passionate about markets, so there will be a lot to talk about!

Gold makes a breakout above the March high at 1353/56 but topped exactly here the high for 2018, in January at 1365/66. Silver tests strong resistance at 1665/75 but tops exactly at the March high of 1686. Both remain in a sideways trend for now after rejecting the upper boundaries of the 3...

Welcome traders! Here you will find detailed analysis across various financial markets such as currencies, commodities and cryptocurrencies. My approach to the market is primarily based on technical analysis, using harmonic price patterns with a main focus on market confluence to depict my...

Fibonacci is an extremely popular tool used among analysts of financial markets. The concept of the Fibonacci indicator is to measure price and determine points from which the market will react and start buying or selling. This is considered one of the more reliable tools for Forex trading...

Pivot points are key levels that traders use all over the world. In simple terms, they help traders determine which way the price will move during the upcoming session. These levels are calculated by using data from the previous session to provide average prices from which to expect reactions...

Today I will be discussing trend lines - an effective support and resistance tool that I keep a close eye on. Traders diligently monitor these levels, as they do with horizontal support and resistance levels. Simple trend lines (also known as ‘diagonal support’ and ‘resistance levels’) offer...

There are tons of things that I could write regarding the different ways to trade and what trading methods suits your personality. My goal is to show you how to merge everything together to help give you an edge in your trading. However, I will start by discussing the most effective tools in my...