forex

EURUSD adds to the ongoing optimism and reaches a new three-month peak around 1.0940 at the beginning of the week. The continuation of the upward bias could see the weekly high of 1.0945 (August 30) revisited sooner rather than later. Once cleared, spot could challenge the psychological...

The AUDJPY snuck over the 97.50 level just ahead of the Friday closing bell, trying to claw back some of the midweek's losses after the pair tumbled from a Wednesday peak of 98.66. The AUD/JPY closed out the trading week with some gains, up nearly 1.2% from Monday's opening bids near 96.40, but...

USDCHF lost more than 100 pips in the previous session, due to the downbeat US inflation data. The USD/CHF pair extends the losses, trading near 0.8870 during the European session on Wednesday. A decisive break below the latter could push the USD/CHF pair to reach the support region near 0.8800...

In the mid-North American session, GBPJPY rallied and refreshed eight-year highs at around 188.28 on Tuesday, after economic data from the US sparked speculations the Federal Reserve wouldn’t tighten monetary policy any further. Investors see that as a green light to buy riskier assets, to the...

EURJPY resumes the upside and prints new yearly highs in the vicinity of the 162.00 yardstick on Friday. Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 161.85 (November 10) is expected to face the next significant...

EURUSD trades in an inconclusive fashion around the 1.0700 region on Thursday. In case the downward bias picks up extra pace, the 55-day SMA at 1.0645 should offer temporary contention prior to the weekly low of 1.0495 (October 13). In the meantime, while below the 200-day SMA at 1.0801, the...

Hey there, Instead of being copy pasted from ChatGPT and bard.ai, let's come to the point here are the key differences between a Forex trader and an FX trader: Terminology: The term "Forex" is more commonly used in the United States, while "FX" is more commonly used in Europe. Scope: Forex...

Hello

In India, currency trading is permitted only via currency futures. You cannot participate in the spot market or cash market in forex. So, from the Indian perspective, let’s see if investing in currency futures is a good investment strategy. Currency futures are traded on NSE, BSE, and MCX-SX...

Forex Forecast and Cryptocurrencies Forecast for December 21 - 25, 2020 First, a review of last week’s events: - EUR/USD. According to Bank of America Merrill Lynch, the most popular strategy in the market after “buy shares” is “sell the dollar”. Speculative short positions in this...

How is Forex trading profitable?

hi everyone am new to here how is the trades in 2019 ???:cool::cool::cool:

I know Sir, I'm technically analyst with over +1 year of experience in equity's and currencies with swing trading. Now, I want to go even further. Learning about fundamentals and my goal is to best trader of India. I'll not be able to pay your fees if you are looking for that, but other than...

There are a lot of members here who have been trading forex since quite some time. And all of us have experience and knowledge that'll only increase by sharing. I tried to find a forex thread for strategies / timeframes / risk management and various things but only found a few which were...

Hey guys, I searched on this forum and could not find any recent thread for recomended forex brokers, please share wghich brokers you use personally and the easy and advantages of that broker as well, if possible. Any answers to this thread would be vastly appreciated! Thanks, Kartikeya.

I've read plenty of reviews about this broker, most of them were positive, I've seen some negative as well but just a few. Moreover, reasons for negativity were explained only with the fact that traders had lost their money, there wasn't a word about broker's quality. So, I would like to ask...

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Hi Traders , This is Asir :thumb: from Tiruchy , interested in Forex Trading. :!:!

I just wrote this thread to know are there any trader who trades in currency futures.

Hi all Does anyone have experience on copytrading services offered by Forex Brokers. If their claim is genuine,it seems like autotrading most Profitable Trades from Experts.. I've seen many Overseas Forex Brokers offering this service,but not anyone fromIndian Markets