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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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Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on June 16

Analysis of transactions in the EUR / USD pair A buy signal appeared in the market, but it had to be ignored because it came when the MACD line...
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Analytical expert:
2021-06-16T10:00:16

Trading recommendations for starters of EUR/USD and GBP/USD on June 16, 2021

Here are the details of the economic calendar from June 15: The UK labor market data was published yesterday, where the unemployment rate fell from 4.8% to 4.7%, but even...
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Analytical expert:
2021-06-16T09:15:22

Analytics and trading signals for beginners. How to trade GBP/USD on June 16. Analysis of Tuesday. Getting ready for Wednesday

Analysis of previous deals: 30M chart of the GBP/USD pair The GBP/USD pair fell by 100 points on the 30-minute timeframe. However, growth followed in the second half...
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Analytical expert:
2021-06-15T21:05:06

Analytics and trading signals for beginners. How to trade EUR/USD on June 16. Analysis of Tuesday. Getting ready for Wednesday

Analysis of previous deals: 30M chart of the EUR/USD pair The EUR/USD pair was not trading very actively on Tuesday. The pair is still inside the downward trend channel, which...
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Analytical expert:
2021-06-15T21:05:00

June 15, 2021 : EUR/USD daily technical review and trade recommendations.

Further upside movement was expected to pursue towards the backside of the broken trend line. However, the pair has failed to do so. On the other hand, re-closure below 1.2175...
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Analytical expert:
2021-06-15T17:56:59

Update on bullish signal in USDCAD.

On June 11th analysis we noted the bullish signal it was given in USDCAD as price was breaking above key resistance levels combined with a bullish divergence...
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Analytical expert:
2021-06-15T16:11:27

Trading recommendations for starters of EUR/USD and GBP/USD on June 15, 2021

Here are the details of the economic calendar from June 14: Europe's volume of industrial production for April was released yesterday, where traders observed high rates again...
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Analytical expert:
2021-06-15T09:10:09

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on June 15

Analysis of transactions in the EUR / USD pair Euro rose on Monday, thanks to strong industrial output in the Eurozone. It formed several buy signals in the market...
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Analytical expert:
2021-06-15T07:46:42

EUR/USD Temporary Growth!

EUR/USD increases after failing to stabilize below the 1.2110 level. It could come back to test and retest the downtrend line. You already know that the pair maintains a bearish...
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Analytical expert:
2021-06-15T07:11:40

June 14, 2021 : EUR/USD daily technical review and trade recommendations.

Currently, Persistence below the price level of 1.2175 indicates further downside movement towards 1.2110 and 1.2070. On the other hand, any upside pullback towards 1.2175 should be considered for selling...
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Analytical expert:
2021-06-14T21:09:52