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Forex Trading Tips

Forex Trading Tips

Analyze,recomandation and news about forex and shares market


Market Review

20 Jan 2022 4 minute read 0 comments Robufantomas

United States of America The US currency has ambiguous dynamics paired with the yen and the pound, but is moderately strengthening against the euro. The US labor market data published today turned out to be weak: the number of initial applications fo...

USD/JPY: development of a correction to an uptrend

14 Jan 2022 1 minute read 0 comments Robufantomas

Current trend After reaching a 5-year high, USD/JPY went into a correction under the influence of investor disappointment due to high inflation in the US. The Consumer Price Index in the US in annual terms reached the level of 7.0%, which is a record...

USD/CHF: Fibonacci analysis

14 Jan 2022 1 minute read 0 comments Robufantomas

USD/CHF, D1 On the daily chart, the price reached 0.9260 (retracement of 61.8%), but then sharply corrected down and is now trying to gain a foothold below the level of 0.9110 (retracement of 0.0%). If successful, the decline will continue to the are...

EUR/USD: inflation data weakened the dollar

13 Jan 2022 1 minute read 0 comments Robufantomas

Current trend Since the end of November, the EUR/USD pair has been trading within a sideways range of 1.1350–1.1230 but left it yesterday, rising to the area of 1.1450. Positive dynamics followed the publication of US December inflation data, which c...

GBP/USD: massive sales of the US dollar facilitate the growth of the pair

13 Jan 2022 1 minute read 0 comments Robufantomas

Current trend The pound reached 1.3700 as a result of massive sales in the US dollar after the publication of inflation statistics the day before. The Core Consumer Price Index in annual terms rose from 4.9% to 5.5% against the projected 5.4%, while...