Technical Analysis

Hi there, fellow trader

Despite the breakout of 1.20 (very important psychological quote), I still think that the euro will be able to resist for a while …Here’s the chart with  1 hour time frame.According to my predictions (you know,  very sharp and direct) the EURUSD cross rate  should follow the oscillations shown in the picture:1) rises to 1.2150/1.2222) drops to 1.193) rises to 1.2150 / 1.224)drops to 1.205) rises to 1.2150 / 1.226) drops to  1.18Obviously the trend can be very slow, and not all steps could be completed.As you see, I don’t use two-meaning words. I think so, and so I will set my trading.You can try all you want, but you will not find anyone who expresses himself  so clearly (and risky), because it takes courage and conviction.I wish you a very profitable trading, and I wait for your kind opinion.David Stones

Today I gonna tell you about some tool, that will be really a good help in your trading. Frankly speaking, I think that it can easily become a base for the whole trading strategy, working on different timeframes. So, what is that nice thing? It is called RVI indicator, and not many people are talking about it and even less know how to use it. If you type the letters RVI in a search engine, you want get many information about methods of implementing that indicator, but just a short description.

At this rate I decided to show, how it is better to use this wonderful tool and what are the special points to be taken into consideration while dealing with it. I implemented the indicator on EUR/GBP graph on H1 timeframe and started testing it. At the same time I changed the standard frame of the indicator, which is 10, to 14, as it seems to me to be really more convenient and precise. See the picture below for the result.

As you see, the indicator repeats the price and smooth over the “losing” parts of the graph (captured into pink frames), taking them out of your attention, which really cool. It is quite obvious, that the best strategy is to sell when the lines are crossing at the top part of the indicator frame and buy when the cross at the bottom one. And this allows to make the Forex signals really precise.

What is more, I consider it quite logical not only to open, but also to close positions according to RVI. The points, where I entered and quitted the market, are highlighted with the pink arrows. You see, when you open a position at the first lines’ crossing in the top part of the frame and close it at the first crossing in the bottom part, the position will be profitable. And the same situation is with the other graph parts.

At the same time the indicator is capable of showing divergences (2 of them are shown by the lines at the top of the graph). All above-stated means, that RVI is the tool, which is really valuable and can bring you to the success, if you use it carefully and in the proper way. So, just try it out and then share your experience with other traders!

Howdy, guys! Today we have another surprise for you all. We’ve found the real Forex-BOMB, which gonna crush all the stereotypes about Forex trading and trading systems down! Heaven Forex – new trading method developed by a real trader and used by him on the real account. What’s special? The point is, that you are able to see the performance of Heaven Forex on the LIVE account in real time completely for FREE.

Yeas, you will be able see, how the trading method developer is trading on the LIVE account and getting REAL profit. By the way, average weekly account growth counts 25%, which is ENORMOUS! Just register there, get investor login and password and get sure, that the profit is real. What is more, you are able to see, how the trading method developer is working in real-time! Get the idea of new trading method, which seems to turn the world of Forex upside down.

In order to get the detailed information just go to the Heaven Forex, register there and see everything with your own eyes!

Yesterday the situation on the Forex market didn’t really change. But there were some remarkable event, which might be found very interesting. EUR/USD broke the year’s maximum and reached 1.4599, at the same time USD/CHF fell down to 1.0383, which is this years minimum. Such fall down of the dollar is mainly caused by the growth of American stock indices. Speaking about GBP/USD it can be admitted, that the day was ended at 1.6540, which also showed the weakness of bucks at those moment. USD/JPY was also to fall down and set the year’s minimum – 91.58. Then dollar pushed the pair back to 92.00, but that didn’t change the situation greatly.

Really, such behavour of the USD isn’t a big surprise, because both investors and fundamental news are continuing suppression of the American currency. In this situation the decision of the Central banks about their loan policy and interest rates is very important. So, today the price rages for currency pairs, mentioned above, are expected to be the following: GBP/USD – 1.64 – 1.665, EUR/USD – 1.445 – 1.465, USD/JPY – 91.0 – 92.3 and finally USD/CHF will remain between 1.035 – 1.050.

An excellent opportunity to earn money for experienced Forex traders!

Get really BIG income! Follow Forex signals from professional traders!

Our Forex signals providers are working very hard at the moment, but the find time for writing a little bit of market analysis and Forex predictions specially for our clients. Notice, that our traders are even giving detailed recommendations, what to do in this or that situation.

Long-term analysis of GBP/USD:
On the Month graph the pair has passed 1st, 2nd and 3rd waves (falling down from 2.1160) and has made minimum of the 4th wave, ended at 1.7040 (but that doesn’t mean that the wave is complete). So, the nearest target of the pair’s falling is 1.4840. In case the trend breaks through 1.3500, it will start doing the 5th Elliot wave. Therefore the full 5-waves cycle could be possibly observed.
Recommendation for long-term investing:
Go short below 1.6270 with the target of 1.4840 (62% correction according to Fibo correction level).

Short-term analysis of GBP/USD:
On the daily graph the trend has finished ABC growth correction after falling to 1.7040 and now is moving to 1.6050.
Recommendation for short-term investing:
Set short below 1.6325 with the target of 1.6150.

An excellent opportunity to earn money for experienced Forex traders!

Get really BIG income! Follow Forex signals from professional traders!

As you see, the news have been quite positive recently. So, today we can expect the continuation of dollar’s falling down against its main rivals – British Pound and Euro. The main attention is to be paid to the following news, which can influence the situation on the market greatly: ADP Employment Change, Euro-Zone Retail Sales and the level of Industrial Production in Great Britain. Due to that the prices are likely to be moving in the following way: EUR/USD – 1.4300 – 1.4500, GBP/USD – 1.6850 – 1.71200, USD/CHF – 1.0500 – 1.0650.

Professional Forex traders wanted! Don’t lose time – begin to earn just now!

Make your money work! Follow profitable Forex signals provided by independent traders.

One of our active and successful traders Utusk is taking a view back at USD/JPY in June. He’s also analysing the market and giving forecast for July.

Beginning from the 2nd part of June I’ve been keeping Buy order on USD/JPY. Analyzing the history of that currency pair I can say that Read more »

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 »

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.

Read more »

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.
Read more »