Foreign Exchange

The USDJPY has had a week very slow in the forex market and is trying to define the general trend. The USDJPY still doesn’t break the resistance at the psychological level of 100.00, a very important because of its strength in recent weeks. Yet, still within the range of 99.45 and 96.41, any breach of […]

The GBPUSD has found strong resistance at the psychological level of 1.56, slowing its upward trend in the medium term. ¿Will this pair take up strength to continue in the bullish road or will begin a new bearish road? Just like that as I had said in previous articles, the GBPUSD quite possibly, would find […]

In yesterday’s session, the AUDUSD had a very bearish day, falling to strong support level at 1.0240. That support in the AUDUSD is a very important level, because there have slowed declines in recent days on the aussie and if this pair breaks that support, it is likely to see a fall below the psychological […]

The markets are now at critical levels and thus require tact to handle. Prices are now approach major supply and demand zones. When open orders are smoothed, bulls go against bears and bears go against bulls. This kind of scenario would signal that, should Smart Money exit all their orders, the market would be forced […]

The USDJPY has been unable to define its path, bullish or bearish on the daily chart and one should be aware of the moves that can be made this week, which can be very crucial in this pair. The USDJPY had little bullish movements last week, forming a bullish trend line that is serving as […]

Last week, the GBPUSD had slight movements that failed to overcome the barrier of 1.5600 level. Possibly GBPUSD is forming a lower high pattern to continue the climb but it is very difficult in the medium term due to the level of 1.5600, there is a very strong resistance supported by the 200 day moving […]

The trend is really your friend, only before there is that bend in the end. Trend-following systems must have positive expectancy incorporated into them; for trend-following tend to have low accuracy. Moreover, one needs to pay attention to demand and supply levels, because of major reversal points. People are ‘clearly’ interested in knowing how to […]

LEARN FROM GENERALS OF THE MARKETS – PART 27 “Work actively and constantly on turning a correct idea into a useful action which will then become an unconscious habit – if you do, you can manage to be a successful trader, too.” – Norman Waltz John Paulson was born in December 14, 1955, to Alfred […]

The EURUSD had a bearish session yesterday, approaching to the support at the psychological level of 1.30, a very important zone. The EURUSD fell 200 pips since the economic data released yesterday, which favored the U.S. Dollar. For today’s session will be published the now famous Non-Farm Employment Change (Previous: 88K / Forecast: 146K). If […]

In yesterday’s session, there were no significant changes in the EURUSD, indicating that this pair is preparing to receive the impact of economic data that will be published in the coming hours. The EURUSD is near a strong resistance at the 1.3194 level and is a very crucial this levale because if the EURUSD break […]