JPY

Earlier opened and preserved short positions have had a positive result in attainment of minimal anticipated target. OsMA trend indicator, having marked preservation of parity in both party activity, in the bigger picture, gives grounds not favoring probably rate range movement, but favoring preservation of bearish case of rate fall contained in descending trading channel.

Among one of the important concepts a new forex trader should know is what a Moving Average means, how it's calculated and what its use as a trading indicator is.

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  GBP

The pre-planned break-out variant for sales has been implemented with attainment of basic anticipated targets. OsMA trend indicator, having marked break of key supports by high level of sales activity, gives grounds favoring priority of bearish direction in planning trading operations for today.

  EUR

The pre-planned short positions from key resistance range levels have been implemented with attainment of basic anticipated targets. OsMA trend indicator, having marked in the bigger picture preservation of parity of both party activity and as earlier does not clarify the choice of planning priorities for today.

In this Forex course we will review some steps you need to take care before you venture into your trading journey. Most traders venture into the Forex market with little or no experience in the Forex market. This results in painful experiences like loosing most of the risk capital, frustration because it seemed so easy to make money, etc.

The chart patterns can provide excellent trading opportunities. They are two types - continuation and reversal. When we see a continuation pattern we can expect that the prevailing trend will continue,

  EUR

The estimated test of key resistance range levels has been confirmed, but relative rise in buying activity, marked by OsMA trend indicator, did not favor immediate implementation of the pre-planned short positions.

CHF. The estimated test of key resistance range levels has been confirmed, but relative rise in bullish activity, marked by OsMA trend indicator, was not considered to be a positive moment for implementation of the pre-planned short positions.