Forex Trading Library
Monthly Archives

December 2014

Dow Jones 2014-12-31

Dow Jones: 17950 Equity demand Dow managed to hit zone of 18000-100 last week which provided good zone to re-short-sell market as long as market holding trades below 18100 will expect some drop pressure to start affecting market…
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Gold 2014-12-31

GOLD 1198 Gold between deflation & Dollar hike market managed to activate more drop pressure over Gold after FOMC rate projections for rising interest rate next year while economic data from Europe and Japan showing slow down…
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Oil (F) 2014-12-31

Oil (G5) 52.95 Oil tumble after OPEC decision with no supply cut Oil prices sustain drop after OPEC meeting where countries agree that no supply cut action Market managed to add more drop pressure after the International Energy…
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USDJPY 2014-12-31

USD/JPY: 119.40 Japanese Yen on uptrend wave Short-run market managed to obtain drop correction after testing resistance level of 120.80 , while market still holding trades above support 119.00-10 zone as long as market…
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GBPUSD 2014-12-31

GBP/USD: 1.5585 Pound on trading zone market still holding short-run trading zone for the end of this year market now facing resistance at 1.5685 and 1.5785 as long as market holding trades below 1.5825 the downtrend pressure…
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EURUSD 2014-12-31

EUR/USD 1.2155 EURO on trading zone As we see over the chart, market still holding trades inside downtrend channel which still providing drop pressure over the pair Short-run market managed today to hit 1.2123 low while…
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Buy low, sell high!

Buy low, sell high! Learning to buy a currency pair when it is low or cheap and to sell it when it is high or expensive is the essence of successful forex trading. Of course, you can also sell high and buy low to make a profit. Either way,…
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