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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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USDJPY reaches our next target of 106.70

USDJPY remains in a bullish trend. Price has reached the upper channel boundary at 106.70 which was our target that we mentioned in our previous post. The RSI continues...
iconRelevance until2021-02-27
Analytical expert:
2021-02-26T21:13:01

February 26, 2021 : EUR/USD daily technical review and trade recommendations.

Buying pressure was applied on the pair. That's why, the RECENT upside movement extended towards the resistance level around 1.2175 which failed to offer sufficient downside pressure on the pair...
iconRelevance until2021-02-27
Analytical expert:
2021-02-26T16:07:12

Gold Under Massive Selling Pressure!

Gold is trading lower at 1,758 and it could hit the black dynamic support soon. I've told you in a former analysis that XAU/USD could decrease significantly if it falls...
iconRelevance until2021-02-27
Analytical expert:
2021-02-26T11:50:41

Trading recommendations for starters of EUR/USD and GBP/USD on February 26, 2021

The US dollar suddenly strengthened against its competitors after weakening for several times. In terms of the economic calendar, a lot of statistics for the United States was published yesterday...
iconRelevance until2021-02-27
Analytical expert:
2021-02-26T09:04:13

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on February 26

Analysis of transactions in the EUR / USD pair Strong consumer confidence and lending data in the EU led to an increase towards 1.2188. It also formed a buy signal...
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Analytical expert:
2021-02-26T08:25:06

Technical analysis of S&P 500 for February 26, 2020

The S&P 500 index could be building an invers Cup With Handle formation and a break below the support-line at 3,808 will active the top-formation for a decline...
iconRelevance until2021-03-26
Analytical expert:
2021-02-26T06:44:32

Analytics and trading signals for beginners. How to trade EUR/USD on February 26. Analysis of Wednesday trades. Getting ready for Thursday session.

EUR/USD hourly chart EUR/USD resumed an uptrend on Thursday, even despite the previous consolidation of quotes below the ascending line. At the moment, the upward movement remains in place...
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Analytical expert:
2021-02-25T20:05:29

USDJPY remains inside bullish channel making new highs.

USDJPY remains in a bullish trend making higher highs and higher lows. Recently price challenged the lower channel boundary and then we mentioned that this was the time...
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Analytical expert:
2021-02-25T17:24:32

February 25, 2021 : EUR/USD daily technical review and trade recommendations.

Recent Buying Pressure existed around 1.1950, leading to the current quick upside spike above 1.1990 again. Further buying pressure was applied on the pair. That's why, the current upside movement...
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Analytical expert:
2021-02-25T17:01:22

USD/JPY Upside Signal!

USD/JPY is traded within an uptrend on the H4 chart. It has decreased a little from around 106.00 coming lower towards the red uptrend line failing to reach...
iconRelevance until2021-02-26
Analytical expert:
2021-02-25T13:47:37