Foreign Exchange

Note: This article shows why the use of stop loss is 100% mandatory, despite what suicide traders (who call themselves professionals) may say. This article comes from someone with over 60 years of experience in various financial markets. Would you ever think of jumping out of an airplane without a parachute? Of course not, but […]

Since teasing markets with a break above the infamous 1.20 level, EURCHF opted to plunge over 5% from the highs with some sort of vengeance. But now prices have stabilised below a cluster of resistance, we’re closely watching the cross for a potential short. We can see on the daily chart how bearish momentum increased as […]

Price action is creeping up the inside of a broken trendline and remains below a cluster of resistance. If bearish momentum is to return soon, a bearish flag could unfold to target the April lows. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

Daily analysis of USD/CHF for June 11, 2018 USD/CHF This is a weak market, for the USD/CHF has been caught in a slow and gradual bearish movement since May 10 (over 230 pips). It is possible that the market would continue going further downwards (albeit slowly), especially when EURUSD gains a lot of stamina. This […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair is bearish in the long-term, and bullish in a very short-term. Since May 30, price has been making a measure of bullish attempt (save the correction that was witnessed on Friday). A movement above the resistance lines at 1.1850, 1.1900 and 1.1950 […]

The bounce in AUD/USD is nearing some critical technical levels ahead of a big week for financial markets. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

After 3-months of coiling the S&P500 has regained its focus on the all-time highs following the return of bullish momentum. Near the end of April, we highlighted the importance of a large coiling pattern on the S&P500 and the impact a breakout could have on global sentiment. The logic was simple; a notable breakout in either direction […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the long-term, and neutral in the short-term. Apart from the noticeable downwards movement in the first half of May, price has not assumed any directional movement so far this week. A rise in volatility will be witnessed in this June, which would most probably favor bears, […]

Since confirming an evening star formation on the monthly chart, momentum is back in line with a longer-term bear trend to suggest the end of an 18-month correction may have been seen. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

Over the past years, foreign exchange or Forex market became increasingly popular and one of the largest financial markets on a global scale. Forex market is attractive to different levels of traders because it is accessible, and a plethora of educational materials are available. So, you are not getting into a total unknown world. As […]