Forex Forum

Technically for the last two sessions EURUSD was trying to move downwards to a lower position on the Forex market. During those two sessions it met my recommendations for opening a short position at 1,3810 and also reached my the first take-profit level I mentioned at 1,3775. The stop-loss level ...

Gold price were showing their weakness and it is no wonder they reached a new month low (last was on 20 February). US dollar lost its positions on yesterday’s market but gold prices were unable to mirror that for some unknown reason. It could mean that overall sentiment is negative, especially after ...

Technical analysis of FOREX for 19.03.2014

From the technical point of view, EURUSD’s future still has not been decided. Today’s press-conference that will given by J. Yellen could push EURUSD up. If the currency will be able to fix it’s positions above the 1,3790, we recommend buying pair with a ...