Forex Analysis – NZDCHF Daily

We have been waiting for this setup since last week, now it’s a good time to short. Technically, NZDCHF price makes a double top inside a bigger double top, which gives up double confirmations for weakness of buyers at those areas and sellers can take the control. Possible Targets :– Fibonnacci Levels : 50% – 61.8% – 78.6% – 100%Possible Stop Loss :– Daily candle close above previous high For more Analysis and Signals, Join our Public Channel on Telegram : https://t.me/ffpfx

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Forex Analysis – GBPJPY 4H

Stepping down to the 4hr tf, you will see things more clearly as price broke the 200ma, retested it and broke through the 143.00 weekly level. The red zone above converges well with the 200ma on the daily, so to buy, wait for the close above. Also there is potential for price to retest the 143.00 resistance now turned support level which it broke few days ago before heading to the channel resistance and thats another opportunity to buy. So, buy only if any of those two conditions are met. IF price breaks the zone above, buy with target at the tl while if price retraces first, buy…

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How to make profits with Forex, from Novice to Pro

Beginner Forex Trader Guide Open a demo account The fastest and easiest way to discover forex trading is to open a demo account for free. Simply download a trading platform on your computer to place your first orders with fictitious money. Opening a demo account takes 5 minutes. There are different brokers and trading platforms on the foreign exchange market. For now we will take an example with the MetaTrader 4 platform (MT4) which is most commonly offered by forex brokers. We will talk later about the criteria to choose a broker and open a real account. For now you only need to open a demo account at a forex broker…

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