Forex technical analysis helps to answer the questions: How to interpret Forex rates? Buy? Sell? Close a trade? Take profit or let it run for some more time? Will it face reversal or go trhough correction? Accept a loss and “flip over” or wait for some more time? Finally, how to define Forex trend?” All these questions drive a trader (mainly beginning) crazy, if he does not know the answer. By the way, who will dare to claim to know the answer? Forex exchange rates are cruel towards one's self-confidence and arrogant manner.
Nevertheless, it is subject to regularities and daily techical analysis forex. There are plenty of strategies on Forex trend lines. We are not so much interested with the direction of fx rate along major lines (this is interesting too, though) as with the Potential of the Forex trend. The main purpose of our Forex technical analysis report named "Potential of Trend" is to find if current price goes through correction either we face a trend.
| 2016 | EURUSD | GBPUSD | USDJPY |
| 12 Agustus | Daily chart: the pair continues to stay within the upper Bollinger envelope (1.1090 - 1.1222) Н4: The bearish pattern Over&Under is being worked out; the goal is 1.1051 (bottom Bollinger band) Н1: a local resistance 1.1157 (middle Bollinger band), from where we can again consider sales of eu | Daily chart: ADX is close to trend area and growing. This means that no purchases are considered. Н4: an active trend ADX, we are waiting for activation of sellers and drop to 28th figure. Н1: at this local level, correction to the middle Bollinger band (1.2981) still may take place. There the b | Daily chart: the pair is concentrated within the lower Bollinger envelope (99.78-103.75) and so far this trend shows no sign of the end. Н4: a local resistance 102.79 (upper Bollinger band). Envelopes are stable, so there is a high probability of a downward rebound from this level. Н1: local n |
| 11 Agustus | |||
| 10 Agustus | |||
| 09 Agustus | |||
| 08 Agustus |
en 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
