At the moment there are some improvements in the economical situation in Europe, which helped Euro to push US dollar a little bit down. Last week the price stopped at about 1.40. Read more »

USDCAD has been trending higher. Support is expected in the 1.1420 region. Resistance is expected in the 1.1630 region.

Some more Forex signals, provided by our traders will be available for free testing net week. Today we are going to announce most profitable and perspective of the systems available for free testing. Our traders are doing their best in order to give profitable Forex signals. Their systems are really worth trying!

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GBPUSD has been moving higher after finding support at the 1.6200 levels. It would be interesting to watch the pair in the next few trading sessions.
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That’s just a try to give a short analysis of USD/JPY for the nearest future. Both traders, trading that pair, and analysts will find it useful.

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Next week you guys will be able to test some more trading strategies for free. Now we are going to announce most profitable and perspective of them. Our traders are doing their best in order to give profitable signals. Their systems are really worth trying!
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Last week  was a good one, the goal   of 500+ pips per month is almost half done.

The daily and 4 hour charts for USDJPY pair have been attached. The USDJPY pair has been trading lower before the start of the european session. Support is expected in the 97.10 region. A break lower could see the pair moving towards the 96.30 region. Resistance to a move higher lies in the 98.40 region. A break of this could see the pair test the recent previous highs in the 98.80 region.

Just a little bit of statistics for you guys. We’ve analyzed the performance of our active traders, whose Forex signals for the last week were profitable. Now we are going to show, what are the forecasts of the traders about the most popular currency pairs at our service.
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At the moment we can see forming of the figure “Head and Shoulders” in the H1 timeframe. That’s the sign of trend reversal.
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