Forex Charts MACD divergence in addition to S1 Pivot Point provided an excellent support level for EUR/USD in the hourly forex chart. Technical analysis in forex trading pointed out a great entry point for forex traders to bet on the retracement of the currency pair ...

Forex Charts Posting the triangle breakout of EUR/USD 15-minute chart at my Facebook fan page yesterday hopefully helped some traders to gain almost 100 pips in overnight forex trading. The currency pair climbed to 1.44 during the night (European time) and is now ...

Forex Charts I posted earlier about my profitable EUR/USD trade but that didn’t stop me from continuing trading the forex market. Once again I opted to short sell the same currency pair at a major resistance level, only this time I traded 2 lots instead of 3 in ...

Forex Charts This morning I traded the forex market making $350 in 20 minutes, while I am still short half a lot, in case EUR/USD currency pair breaks below the daily S1 pivot point. This trade is a fine example why we need to pay attention to important support and ...

Forex Charts The forex market plays a major role in the life of investors looking to make a fortune from the swings in the currency market. A forex market undergoes change every second of the day based on a plethora of conditions and situations. Based on the intricacies ...

Forex Charts EUR/USD has hit a resistance level nowadays and I decided to short it in the 2-min chart an hour ago, when the currency pair price hit the upper Bollinger Band. Keeping an eye on the hourly chart where daily pivot points are visible, I am targeting a ...

Forex Charts Euro is trending upwards the last month and is now challenging the previous 3-month high at 1.3025. However a major resistance level is to be verified at 1.3250, which was the resistance level when EUR/USD was dropping fast in the first months of 2010. ...

Forex Charts EUR/USD has gained more than 1,000 pips since June and technical analysis suggest we might see a short term downtrend this week. As I am going to trade forex this week, I will be looking for sell signals mainly and I will always keep an eye on different ...

Forex Charts EUR/USD has entered a downtrend since late 2009 but perhaps June 2010 was the month that hit its lowest low. A couple of strong reversal signals indicate a probable ending of the downtrend and all that is left to find out is whether the currency pair ...

Forex Charts GBP/USD is one of the currency pair in Forex trading. If you think the British pound will do better against the American dollar you buy, if you favor USD you sell. Yesterday GBP did exceptionally well in just one minute as I was trading the currency pair ...