Tag: technical analysis

In forex trading, forex analysis is utilized by traders in order to figure out whether to buy or sell a particular pair of currency. The analysis could be technical where tools like charts, etc. are used. On the other hand, it can also be fundamental in nature where economic indicators or the latest news are used to […]

Forex has been long time assumed to be the “High Reward High Risk” scheme, which draws on the interests of many. To begin with the Forex Training it is essential to understand the potential of this particular sector that is equally outweighed by its risks. What is forex trading ? Forex is the short form […]

Last week,  as expected the price moved down suggesting the continuation of  the overall strong down trend after the possible correction. The price fell to around 1.2465 but made a slight recovery upto around 1.2481 before closing the market last week බලාපොරුත්තු වූ ලෙසම ඩොලරය දුර්වල වෙමින් තිවුනා කියන්න පුලුවන්. ඩොලරය සම්භන්ධ දුර්වල පුවත් මෙයට […]

Last week,  during intial few days USD did manage to recover to around 1.2774 but was not able to make any further higher highs. It kept on dropping till 1.2555. Then slightly recovered back to 1.2580 region where a support zone exists ( It is good example of a breakout retest before making the strong […]

Last week,  the CAD was weak during initial period of the month mainly due to falling oil prices and strong economic data from USA. But  on friday the CPI data  from USA  was weaker than expected which resulted in CAD making a slight recovery in pricing.  ගිය සතිය මුලදී ඇමෙරිකානු ඩොලරය සමත් වුණා ඊට ප්‍රථම සතිය […]

Last week EUR/USD was almost on a range market. Mainly fuled by the unexpected political tension between America & North Korea together with strong and week news  releases from USA. At the initial stage many thought the market made the reversal at last as it broke thorugh 1.1710 several times but was not able to […]