Category Archives: Forex

The recent down move in GBP-USD has confirmed the triangle breakout which was in the making since early 2009! In fact, on the weekly charts it is below its 21/55/200 moving average. Also, it is in the 5th wave of … Continue reading →

If you are interested in trading Forex market, then the first thing you need to do is to find a Forex broker who provides you with the best of the services. Many new traders are confused and frustrated in their … Continue reading →

USD-INR is holding a short term range of 49.75-50.75 with 21 DMA of 49.7 acting as a strong support. In short term, expectations of a growth oriented budget, strong stock market and higher demand for dollars ahead of the financial … Continue reading →

U.S. Dollar Index is the key parameter based on which the risk appetite in the near and intermediate term from now onwards should depend. If the Dollar is strong, market will reduce the risk appetite. A strengthening Dollar might create … Continue reading →