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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How to trade GBP/USD on August 12? Simple tips for beginners.

The GBP/USD pair, after showing impressive growth a day earlier, also tried to continue it on Thursday. But the pound failed to even reach the level of 1.2260, which...
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How to trade EUR/USD on August 12? Simple tips for beginners.

The EUR/USD currency pair made a second attempt to overcome the level of 1.0359 on Thursday, but with the same success as the day before. The second bounce from this...
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August 11, 2022 : EUR/USD daily technical review and trading opportunities.

The EURUSD found support while approaching the price levels of 1.0800 few weeks ago. That's where the recent upside movement was previously initiated. However, the recent movement towards 1.1200...
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Short-term AUDUSD analysis.

Blue lines- Fibonacci retracement levels Red lines- Fibonacci extension levels AUDUSD is making new short-term higher highs and higher lows. Price has broken above the 38% Fibonacci retracement resistance...
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Tips for beginner traders in EUR/USD and GBP/USD on August 11, 2022

The EURUSD currency pair completed the formation of a three-week flat of 1.0150/1.0270 by breaking its upper limit. At that moment, there was a strong speculative interest in the market...
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Gold buyer exhausted

The price of gold registered a strong growth on the H1 chart but it has signaled exhausted buyers after failing to reach and retest the upside line...
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Trading tips for beginners. Overview of yesterday's trading. GBP/USD on August 11, 2022

The buy signal was confirmed when the price tested 1.2085 and the MACD just started to move up from zero. Eventually, the price rose by about 40 pips...
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EUR/USD: simple trading tips for beginners, August 11. Analysis of yesterday trades

The test of 1.0220 occurred at a time when the MACD indicator had just started to rise from the zero level. It confirmed the correct entry point into long positions...
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How to trade GBP/USD on August 11? Simple tips for beginners.

The GBP/USD pair, after leaving the descending channel a day earlier, showed an impressive growth today. However, we all understand what caused this growth. If there was no US inflation...
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How to trade EUR/USD on August 11? Simple tips for beginners.

The EUR/USD currency pair rose by 160 points on Wednesday. To be more precise, it rose by 160 points within 2-3 hours after the inflation report for July was published...
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