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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May 27, 2022 : EUR/USD daily technical review and trading opportunities.

The price zone around 1.1500 has applied significant SELLING pressure when a valid SELL Entry was offered upon the previous ascending movement towards it. Shortly after, the EURUSD looked oversold...
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Analytical expert:

USDJPY remains vulnerable to more downside.

USDJPY is trading around 126.97. Short-term trend is bearish as price is making lower lows and lower highs. Price continues trading below the key downward sloping resistance trend line...
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Analysis and trading tips for GBP/USD on May 27

Analysis of transactions in the GBP / USD pair GBP/USD reaching 1.2553 prompted a sell signal in the market, however, having the MACD line far from zero limited the downside...
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Analysis and trading tips for EUR/USD on May 27

Analysis of transactions in the EUR / USD pair EUR/USD reaching 1.0695 led to a buy signal in the market. Coincidentally, the MACD line was just starting to move above...
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Tips for beginner traders in EUR/USD and GBP/USD on May 27, 2022

The EURUSD currency pair prolonged the corrective movement during the price rebound from the support level of 1.0636. This led to an increase in the volume of long positions...
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Analytical expert:

NZD/USD buyers in control

The NZD/USD pair extended its growth and now is trading at 0.6512 at the time of writing. As long as it stays above the uptrend line, the pair could approach...
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How to trade GBP/USD on May 27, 2022. Tips and trade analysis for beginners

Analysis of Thursday's trades: 30M chart of GBP/USD On Thursday, GBP/USD traded around 1.2597. Earlier, the quote had already tested this level but failed to break it. Despite several attempts...
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How to trade EUR/USD on May 27, 2022. Simple trading tips and analysis for beginners

Analyzing trades on Thursday: EUR/USD on 30M chart: On Thursday, EUR/USD made an attempt to continue its upward movement but did not succeed. Daily volatility was only 70 pips which...
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GBP/USD: more gains in cards

The GBP/USD pair increases at the time of writing and it could try to approach and reach the 1.2639 key level, the former high which stands as a potential upside...
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May 26, 2022 : EUR/USD daily technical review and trading opportunities.

The recent movement towards 1.1200 was considered for another SELL Trade which is already running in profits now. For beginners, the current price levels are too low to have SELL...
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