Forex is a portmanteau of international money as well as exchange. Forex is the process of changing one money right into an additional for a selection of reasons, typically for trading, tourism, or commerce. According to a 2019 triennial report from the Bank for International Settlements (a worldwide financial institution for nationwide reserve banks), the...
FOREX trading is one of the quickest ways to make money online and the strategies involved are simple to learn and simple to implement. To give top-notch advice that all investors can use in their quest for extra profits. Spread Trading is simply a method of trading securities, or shares, by putting your bets...
Monthly view of the GBP/JPY (09/23/13) The GBP/JPY is now approaching a major monthly based tendline started in 2000 with touchpoints in ‘08 & ’09. Look for a major reversal as it hits this line.
Weekly view of the USD/CAD (09/24/13) The USD/CAD as predicted in July had stopped at the 1.0250 mark. It is now on a downward tract of a narrowing channel. being sandwiched between 1.0490 and 1.02300. Look in the coming weeks for either another test of the upper trendline or another run at par.
Weekly view of the GBP/JPY (07/21/13) Be very wary as the GBP/JPY is in a narrow channel between 151.60 and 155.00. Look for breakouts out of this channel in the coming weeks.