Month: June 2019

EUR/USD The price continued growing, but unfortunately the movement was on the small volume, so that we can’t point out any new volume level or zone. Nevertheless, given the presence of the local uptrend, we still should prefer a scenario of opening long positions. However, we can enter the market …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has been finding resistance around 0.6965. The AUDUSD is up-trending. The moving averages are bullish and steady, signalling that the uptrend may continue. Buying opportunities could exist around the dynamic support of the moving averages and around …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, the AUDUSD reversed around the shorter-term moving average and has since moved higher. The moving averages are bullish and widening, all signalling that the upside momentum could continue. Opportunities to go long may exist around the dynamic support …

EUR/USD The Euro showed a rapid and sharp rise on the increased volume and broke out the previous resistance level, which is an excellent bullish signal. Thus, we should consider exceptionally long positions. Puchases can be opened after a small and smooth downward price correction to get a better entry …

EUR/USD Nothing has changed with the Euro as the price is still located inside the local range between the level of support 1.1185 and the level of resistance 1.1338. Therefore, the best decision with this instrument is just to wait for the exit of the price from the range and …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has continued to be bullish and move higher. As also suggested, the AUDUSD has been finding resistance around 0.6930. The moving averages are bullish and widening, signalling that the upside momentum may continue. Buying opportunities could exist …

First of all, you might be wondering WHAT is risk management? Just like the word itself, it means managing your risk. In Forex trading, it means making sure you are not taking too much risk when you are trading and you can handle the losses when the outcome is not …

EUR/USD The Euro demonstrated an abrupt growth supported by the large volume yesterday. However, the pair is still located inside the local range between the level of support 1.1185 and the resistance 1.1338. Therefore, we can consider new positions only after the sharp and confident exit of the price from …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the recent downtrend is now over. The AUDUSD has been bullish. The moving averages are about to cross bullish, signalling that the upside momentum could continue. Opportunities to go long may exist around the moving averages, around the …

EUR/USD The Euro demonstrated an abrupt fall supported by the large volume and broke down the previous level of support, which is a great bearish signal. The further move was stopped by the formation of the new volume level 1.1185. Thus, we can consider short positions only after the confident …