Forex trading, for example with HFM or Instaforex offers several benefits for foreigners, including access to global markets, the ability to trade 24/7, and opportunities to profit from currency fluctuations regardless of market direction....
GBP/USD continue to trade belowthe 20-period and the 50- period Simple Moving Average SMA on Monday. Aditionally, the Relative Strength Index RSI stays near 40, pointing to a lack of recovery momentum. On the downside, immediate support is located...
EUR/USD Forum Analysis,Forecast Looking at the EURUSD pair, which is still in a bearish trend, it is likely to continue its downtrend. However, if the price fails to break the 1.1044 support, a correction phase to the upside will occur. The...
Price Action Analysis: Gold Today's discussion will focus on the Gold price action analysis. Gold closed the previous week with a bearish candle, yet it's premature to label this as a definitive reversal signal. The small body of the candle suggests...
USD/ CHF Price Review Our discussion involves the ongoing study of the USD/ CHF currency pair's pricing movement analysis. Technical analysis of the USD/CHF currency pair on the H1 chart reveals a closing price of 0.8495. The trading instrument...