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March 25, 2019

USDJPY

  • Analysts explained that USD/JPY has eroded the 55-day ma and the 2-month uptrend at 110.25/33

  • USD/JPY is currently trading at 110 the figure, trading between a range of 110.24 and 109.70.

  • Japanese yen near six-week highs on global growth fears and m...

January 30, 2019

EUR/USD:

  • EUR/USD appears to have met a tough resistance in the 1.1450 region, where sits the key 100-day SMA.

  • Extra gains need the pair to clear this area on a sustainable note. The 1.1500 neighbourhood should then emerges as the next target.

  •  EUR/USD shou...

January 18, 2019

Money Management in forex is one of the important factor for consistent profit. Due to its volatility, the Forex market is inherently risky. Money management in Forex is therefore a non-negotiable success factor for both beginners and experienced traders alike.

Successf...

January 2, 2019

What is Currency Correlation?

Currency correlation depicts an extent to which two currency pairs have moved in same, opposite, or totally random directions over a period of time.

Thought Process:

Why a certain currency pair rises, another currency pair falls?

Why same curr...

December 28, 2018

EUR/USD:

  •  EUR/USD is poised to close nearly 5% lower year-to-date with the pair trading just 1.5% off the 2018 lows.

  • For months now, we’ve been tracking a key support pivot in Euro and the focus remains on a breakout of the consolidation range which has go...

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