FX.co ★ Forex analysis for newbies. Simple trading tips for beginning traders

Do you want to make money trading on Forex? It is really possible. However, there are a lot of those who have suffered losses. To gain money, traders should learn to understand the market. They should be able to correctly analyze changes on Forex and skillfully interpret its signals. Newbies are recommended to develop their own strategies and views on the financial market. To get all necessary information, traders can make use of the Analytics for Beginners section. Data presented in the section will help them find profitable and effective trading solutions.
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EUR/USD. Dollar and NonFarm: Test for the upward trend's stability

The euro-dollar pair is breaking records: day after day, EUR/USD buyers are updating price highs not only of the current year, but also of the previous year. Traders were last...
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Analytical expert:

Analytics and trading signals for beginners. How to trade EUR/USD on December 4? Analysis of Thursday deals. Getting ready for Friday

Hourly chart of the EUR/USD pair The EUR/USD pair moved up all day without any hint of a correction on Thursday. We have formed a new trend line so that...
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Analytical expert:

USDJPY continues lower towards our next target of 103.

USDJPY continues to trade inside the bearish channel we mentioned last time. Price today is breaking below 104 and trading now at 103.80. Our next target as we mentioned...
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Analytical expert:

December 3, 2020 : EUR/USD daily technical review and trade recommendations.

Further upside movement is being demonstrated towards 1.2160 where a false breakout to the upside may be expressed as a possible bearish reversal signal. Hence, Bearish closure below the mentioned...
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Analytical expert:

USD/JPY Shows Oversold Signs!

USD/JPY is trading at 104.28 above the minor uptrend line and near the major downtrend line. Its failure to approach and reach the 103.27 lower low signals that the sellers...
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Analytical expert:

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on December 3

Analysis of transactions in the EUR / USD pair Several trading signals emerged for the euro yesterday, however, all of them did not bring much result. Short positions at 1.2065...
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Analytical expert:

GBP/USD. Pound and Brexit: the Pound flies in the 200-point range

GBP/USD price turns are caused by Brexit, which again became a headache for traders. The contradictory news flow does not allow investors to determine the vector of price movement-- even...
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Analytical expert:

Analytics and trading signals for beginners. How to trade GBP/USD on December 3? Analysis of Wednesday deals. Getting ready for Thursday

Hourly chart of the GBP/USD pair The GBP/USD pair's movement on Wednesday was even more upbeat and unpredictable than the EUR/USD pair. If the euro is now trading...
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Analytical expert:

Analytics and trading signals for beginners. How to trade EUR/USD on December 3? Analysis of Wednesday deals. Getting ready for Thursday

Hourly chart of the EUR/USD pair The EUR/USD pair corrected by 40 points on Wednesday morning, which is very small compared to last week's movement, and then it went back...
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Analytical expert:

EURJPY inverted head and shoulders pattern is enabled

In a previous analysis we noted the upside potential in EURJPY as price had formed a bullish inverted head and shoulders pattern. Yesterday the resistance neck line was broken upwards...
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Analytical expert: