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Daily Analysis

EUR/USD: This market has been moving steadily in the...

Tian Kriek

Analyst
Daily Chart
October 9, 2018

Now that the down Daily D Extension has been hit at 1.1417 I am expecting a bullish reaction to roundabout 1.2090 which is the right tip of the Bearish Crown. There is a smaller bullish crown on the daily chart and I plan to look for a 123 buy signal at the right tip  ...

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LATEST ANALYSIS


GBP/USD

October 9, 2018

AUD/USD

October 9, 2018

NZD/USD

October 9, 2018

USD/CHF

October 9, 2018

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Education

Forex Glossary

The Big Three of Forex Trading

Want to know how to make the money while Forex trading? This can be simple, and pretty much uncomplicate the things you do with everyday life while

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Why Trade the Forex Market

More Bang for Your Trading Dollar! You may ask yourself, “Why would I want to trade the FOREX?” The answer is simple… it’s called

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What is a Currency Pair?

Here’s an example… Say you wanted to convert your sterling into yen. You would first have to convert your sterling into U.S. dollars and then

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Appreciation

An increase in the value of an asset; the rising of a price in response to market demand.

Efficient Market

A market in which the current price reflects all available information from past prices and volumes.

Cross Rates

An exchange rate between two currencies. The cross rate is said to be non-standard in the country where the currency pair is quoted. For example, in the US, a GBP/CHF quote would be considered a non-standard rate; whereas in the UK or Switzerland, GBP/CHF would be one of the primary currency pairs traded.