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  1. Alexfx79

    Daily forecast for shorts and longs

    An interesting technical picture has developed on the USD/CHF. Currency has retained the 0.9935-0.9965 key demand zone. I expect the correction here. I’d buy USD/CHF after the price fixes above the 0.9995 level. Potential movement - to 1.0035.
  2. Alexfx79

    Daily forecast for shorts and longs

    My yesterday's expectations for AUD/USD have failed. The technical pattern indicates the downward trend development at the moment. I’m going to wait for the retest of the 0.7205 "mirror" resistance level. I’ll sell the pair after the price reaches this mark. Potential movement - to 0.7155.
  3. Alexfx79

    Daily forecast for shorts and longs

    The technical pattern on GBP/USD is mixed at the moment. I identified the following key levels: support - 1.2420 resistance - 1.2545 I will look for the entry points into the market after the breakout and retest these levels. If the price fixes above the 1.2545 level, I will buy GBP/USD...
  4. Alexfx79

    Daily forecast for shorts and longs

    The demand for the Australian dollar is supported with positive labor market data today. AUD/USD has kept the 0.7695 "mirror" support level. I would buy AUD/USD after the price fixes above the 0.7715 level. Potential movement - to 0.7750-0.7775.
  5. Alexfx79

    Daily forecast for shorts and longs

    A classic figure of technical analysis, "Triangle", has formed on USD/CAD now. It seems to me that the US dollar will continue to grow today. I would buy USD/CAD after the breakout and retest of the 1.3080 mark. Potential movement - to 1.3100-1.3120.
  6. Alexfx79

    Daily forecast for shorts and longs

    The US dollar strengthened against the major world currencies yesterday. Janet Yellen stated that it is not necessary to delay an increase in interest rates in 2017. EUR/USD There is an interesting technical pattern on EUR/USD at the moment. I will sell it if the price fixes below 1.0570...
  7. Alexfx79

    Daily forecast for shorts and longs

    The speech of Fed Chairman on the monetary policy and the economy is in the focus today. The data on the GDP of the eurozone will be also published. I identified the following key levels: Support: 1.0595 Resistance: 1.0620 I plan to open short-term speculative positions. I will buy the EUR/USD...
  8. Alexfx79

    Daily forecast for shorts and longs

    The growth of the Canadian dollar against the US dollar continued yesterday. USD/CAD has formed the 1.3045 local support level at the moment. I plan to open deals towards the current trend. I will sell USD/CAD after the breakout and retest of the 1.3045 mark. Potential movement – to 1.3000.
  9. Alexfx79

    Daily forecast for shorts and longs

    I’ ll look for the entry points for opening long positions on GBP/USD today. The currency kept the 1.2475 key support level on Friday, February, 10. We can see the power of buyers at the moment. The indicators also point onto the development of an upward trend. I will buy GBP/USD if the price...
  10. Alexfx79

    Daily forecast for shorts and longs

    A mixed technical pattern has formed on USD/JPY at the moment. I highlighted the key levels: support 113.15; resistance 113.85. Signals of the indicators are different. 50 MA is above 200 MA. The MACD histogram has started to decline. I’ll open positions after the breakout and retest of these...
  11. Alexfx79

    How Forex Trading Can Make you Rich?

    It's a casino for those who trade without a proper risk management. :)
  12. Alexfx79

    Daily forecast for shorts and longs

    An interesting technical pattern has developed on USD/CAD. The currency is testing the 1.3150 resistance level at the moment. I’m going to buy this pair after the breakout and retest of this level. The next target for taking profit is 1.3210.
  13. Alexfx79

    Daily forecast for shorts and longs

    The yen has weakened against the US dollar yesterday. This happened due to the promises of Donald Trump to make a "phenomenal" tax reform in the nearest future. I plan to open transactions towards the current trend today. I’ll buy USD/JPY after the price fixes above 113.85. Potential movement -...
  14. Alexfx79

    Daily forecast for shorts and longs

    EUR/USD kept the 1.0640 key support level yesterday. It triggered the aggressive buying in the afternoon. I plan to look for the entry points for opening long positions. I’m going to buy EUR/USD in case of the breakout and retest of the 1.0700 round price level. The next target for taking profit...
  15. Alexfx79

    Daily forecast for shorts and longs

    Buyers showed their strength on GBP/USD during the last trading session. The nearest resistance level is 1.2540 now. I plan to open positions in the direction of the current trend. I’d buy GBP/USD after the price exceeds the 1.2540 level. Potential movement - to 1.2625.
  16. Alexfx79

    Daily forecast for shorts and longs

    The euro continues to fall against the US dollar today. I plan to open a deal towards the current trend. I’m going to sell EUR/USD after the price fixes below 1.0640. Potential movement - to 1.0590. I recommend to use trailing stop to accompany this position.
  17. Alexfx79

    Daily forecast for shorts and longs

    There was a fairly sharp rise of the USD/CAD currency pair this week. The technical pattern is mixed at the moment. The currency has reached the 1.3210 key resistance level. The nearest support level is 1.3150. I will open positions after the breakout and retest of these levels. If the price...
  18. Alexfx79

    Daily forecast for shorts and longs

    The euro weakened significantly against the US dollar today. I haven’t got any trading ideas currently. I’ve identified the following key levels: Support: 1.0665, 1.0625 Resistance: 1.0725, 1.0765 So, I’ll watch how the price reacts to them. Maybe I’ll open short-time speculative orders from...
  19. Alexfx79

    Daily forecast for shorts and longs

    The RBA kept its monetary policy unchanged today. The regulator also noted the growth of China's economy, which is a key partner for Australia. I saw an increase in demand for the Australian dollar during the Asian session. Sales dominate on the market currently. The currency has broke the...
  20. Alexfx79

    which one is better?- Forex or HYIP

    What broker do you work with?
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