Forex Signals for 24th November 2020

Forex Signals for 24th November 2020 GBPUSD/GBPJPY  GBPUSD will likely retest 1.3390. Target should be 1.3400 For now there has been a cooling down in brexit information which had increased the volatility for the two pairs.  EURUSD  Long term target is 1.2000.  For swing traders with enough funds in their account place trades starting fromContinue reading “Forex Signals for 24th November 2020”

Placing orders Long and short positions

Placing orders Long and short positions The ability to go long or short is my favorite part about the Forex market. This is my favorite because you can profit regardless of whether the market is moving up or down.  Most of the material in this post I obtained here In this lesson we’re going toContinue reading “Placing orders Long and short positions”

Upcoming week Forex signals

Upcoming week Forex signals (15-19/6/2020) ……  XAUUSD(Gold)  …….  XAU/USD:  analysis and forecast for 12/06/2020 – 19/06/2020 The pair XAU/USD remains likely to fall. Estimated pivot point is at a level of  1764.82. Main scenario: consider short positions from corrections below the level of  1764.82 with a target of 1634.13 – 1599.64. Alternative scenario: breakout andContinue reading “Upcoming week Forex signals”

Gold trading on 4th June 2020

Gold printed fresh daily highs after a short-lived correction to $1700 following the beginning of the American session. XAU/USD trades at $1722, the highest since Wednesday’s European session. The precious metal is rising after falling during two consecutive days. It found support again above $1690 that has become a critical barrier. A firm break belowContinue reading “Gold trading on 4th June 2020”