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  1. Alexfx79

    Daily forecast for shorts and longs

    The pound weakened significantly against the US dollar on Thursday, February 02. GBP/USD is trading near the 1.2420-1.2470 key demand zone. I think that the correction is possible in the near future. I will monitor this instrument closely. I will buy if the price exceeds the 1.2530 level...
  2. Alexfx79

    Daily forecast for shorts and longs

    The US dollar weakened against other major currencies on Friday, February 03. This happened due to the release of controversial statistics on the labor market. EUR/USD I’m going long today. The price kept the 1.0735 key support level. I’ll buy EUR/USD in case of breakout and retest the 1.0765...
  3. Alexfx79

    Daily forecast for shorts and longs

    GBP/USD The important statistics on the UK economy will be published today. The Bank of England will make a decision on the key interest rate. I won’t open transactions on GBP/USD before the Central Bank meeting. I identified the following key levels and will watch how the price reacts to them...
  4. Alexfx79

    Daily forecast for shorts and longs

    Yesterday's Federal Reserve meeting pressed the US currency. The central bank left its monetary policy unchanged. The regulator pointed to a gradual tightening of the monetary policy. USD/CAD The technical pattern on USD/CAD indicates the development of a downward trend. I plan to sell after...
  5. Alexfx79

    Daily forecast for shorts and longs

    USD/JPY Support: 113.15, 112.60 Resistance: 113.85, 114.40 Trump criticizes the strong dollar. How soon will the US Federal Reserve increase the rate? Or should we expect another vector of events development? Wish you all good profits!
  6. Alexfx79

    Daily forecast for shorts and longs

    The US dollar weakened against the "majors" yesterday. The first Fed meeting of the year will be held today. Experts assume that the rate will remain unchanged. There hardly will be strong trending movements before the decision of the US Central Bank. I highlighted the key levels for opening...
  7. Alexfx79

    Daily forecast for shorts and longs

    The aggressive buying was observed on the NZD/USD pair yesterday. The currency has formed the 0.7295 local resistance level. I plan to look for entry points for opening long positions. I am waiting for the breakout and retest of the 0.7295 mark. The potential for movement - to the nearest round...
  8. Alexfx79

    Daily forecast for shorts and longs

    My expectations regarding USD/JPY have confirmed. The yen continued to strengthen against the US currency. Trump’s immigration policy supports safe assets. I expect further growth in demand for the yen. I will sell USD/JPY, if the price fixes below 113.30. Potential movement - to 112.60. The...
  9. Alexfx79

    Daily forecast for shorts and longs

    The USD/JPY currency pair is testing the 114.900 local resistance level at the moment. I’m going to sell it if the price fixes below 114.60. The nearest goal for taking profit is 113.85.
  10. Alexfx79

    Daily forecast for shorts and longs

    The technical pattern on GBP/USD is mixed now. Indicators don’t show any precise signals. The price is between 50 mA and 200 mA. The MACD histogram started to decline and moved into the negative zone. I identified the following key levels: support: 1.2530; 1.2420 resistance: 1.2595; 1.2655 If...
  11. Alexfx79

    Daily forecast for shorts and longs

    USD/JPY Support: 114.55, 113.85 Resistance: 115.25, 115.85 If the price fixes above 115.25, I will buy USD/JPY to 115.85. If the price fixes below 114.55, I will sell it to around 113.85.
  12. Alexfx79

    Daily forecast for shorts and longs

    EUR/USD. The US dollar rose against major world currencies yesterday. Very important economic data from the US will be published today. The data on the GDP of the country will be announced at 13:30 (GMT). The technical picture on the "majors" is ambiguous for me at the moment. I highlighted the...
  13. Alexfx79

    who is your favorite FX broker??

    Yeah, it seems strange to me too. Those people even don't reply! :D
  14. Alexfx79

    Daily forecast for shorts and longs

    There is an upward trend on the NZD/USD currency pair. The growth of quotes exceeded 120 points since the beginning of this week. I plan to open positions in the current trend direction. So, I’ll buy it after the price fixes above the 0.7285 level. Potential movement - to 0.7325-0.7350.
  15. Alexfx79

    Daily forecast for shorts and longs

    The technical picture on USD/JPY is ambiguous for me at the moment. I have identified the following key levels: Support - 113.15 Resistance - 113.90 I’ll open orders after the breakout and retest of these levels. If the price fixes above 113.90, I’ll buy USD/JPY to the 114.50 mark. If the price...
  16. Alexfx79

    Daily forecast for shorts and longs

    The Aussie fell due to the weak data on the consumer price index In Asian trading session. I plan to open transactions towards the current trend. If the price exceeds the 0.7520 level, I will look for an entry point to open short positions. My next target for taking profit is 0.7465.
  17. Alexfx79

    Daily forecast for shorts and longs

    The technical picture on EUR/USD indicates the correction development. The euro is traded near the 1.0715 support level. I’m going to sell EUR/USD if the price fixes below this mark. Potential movement - to 1.0665.
  18. Alexfx79

    Daily forecast for shorts and longs

    USD/JPY is trading near the 113.35-113.75 offers area at the moment. The continuation of the downward trend is expected today. I’ll sell after the breakout and retest the 113.15 level. The best level for taking profit is 112.50.
  19. Alexfx79

    Daily forecast for shorts and longs

    Purchases dominate on GBP/USD at the moment. The pound rose significantly against the US dollar yesterday. I’ll open positions in the current trend direction. I plan to buy GBP/USD, if the price fixes above the 1.2510 level. Potential movement - to 1.2550-1.2575.
  20. Alexfx79

    How Forex Trading Can Make you Rich?

    Thank you for the reply! It was interesting for me how it's done in the US, cause I'm from the EU :) In fact, I meant the way when people buy real estate and then lease it to renters
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