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michel

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  1. Hello everybody, Give me some idea's for a redesign to change a style. This is the page http://www.fxallnews.com/category/forex-no-deposit-bonus/index.html Thank you.
  2. No matter if have a good forex trading system and if you have the ideal mindset, if you're not using a proper risk management, you aren't likely to be profitable in the long run. An adequate risk management must avert a forex dealer going broke and in the same time must see to it that the forex accounts has a chance to grow. Probability plays a huge role in tackling a decent risk management. The danger percentage per trade relies on the opportunity to go broke in a less positive period while at the exact same time the comfortable zone in addition to the growth potential should be thoroughly detected. Minimize the opportunity to go broke - For example, if every time you're playing for high stakes into such an extent that you're risking 50% of your accounts, there will be a fair possibility you will be going broke when having the smallest bit of hardship. No matter the possibility of your own trading system, there's always the risk you could lose a variety of trades in a row. With no money available you won't be able to trade, so its essential that you manage your financial resources with good care! - Guidelines regarding danger percentages per trade - Normally forex traders hazard about 1% up to four percent of their accounts per trade. With these percentages, the possibility to go broke should be negligible. The smaller the risk percentage that a trader is used to manage per trade, the smaller will be the possibility that he\/she is going bankrupt. Growth potential - And on the flip side, of course, a forex account has to get an opportunity to grow. This way its possible that a trader can become too nervous by risking four percent per transaction and by doing so is making precisely the wrong decisions based on emotional motives. Nevertheless, an opposite reaction might also be possible. So see to it that you manage a risk management which will suit your comfort zone! - The risks of a competitive hazard management - The above-described guidelines don't exist for anything. You've already learned that chance plays a very major role and that you should look at all the long run. You will have to understand that the more competitive your risk management becomes aggressive, the more you are going in the direction of gambling! - Additionally, you shouldn't forget the emotional side of this development. Whenever you risk a relatively high percentage per trade and things aren't in your favor for some time, as a consequence of this the negative implications will probably be quite a lot bigger than just losing precisely the money that you've been investing until then.
  3. This utterly banal question is asked too frequently. Banal? One is the asset category, another a financial tool! - Forex vs Binary Options? It'd be good to be knowledgeable about the answer to the question of if investing in forex is better then investing in binary possibilities, and vice-versa. This may help some dealers who've found themselves in the wrong marketplace to make the readjustment, particularly because there are many traders who've lost a ton of money junketing from one financial marketplace to another. We'll attempt to critique the pros and cons of binary and forex trading choices under these keywords: Risk Element - Ease of Trade - Profitability factor - Ease of market entry - Danger Element - A key component of the difference between forex as well as the binary choices marketplace is that of danger. Trading the forex market is more dangerous than trading the binary choices market in several ways. The forex market is a very leveraged marketplace where returns and risks are magnified. When you have novices on each side of the divide, the risk component will surely have significantly more of an effect than the component of yields. Some agents will return to 15% the invested amount. You lose and you lose all. There are features in the binary choices marketplace that aid in risk control. Many of those are the rollover function and the early closure facility. Benefits of Trade - Trades are easier to place at this binary choices market. Many times, trades can be inserted at a simple four-step process which only involves making inputs in dialog boxes: Choosing the asset - Entering the investment amount - Selecting expiry - Trade implementation - The process of order entry isn't always that simple in forex. There are stop as well as limit points to compute, lot sizes to select, etc. A forex dealer needs to be extra cautious not to use the wrong type of order. A binary options dealer is basically chosen between two orders, but a forex dealer is going to have to choose which of a possible 6 to 8 types of orders will suit his trade. Profitability Factor - Because of the nature of the binary choices payout structure, it's simpler to get a risk: reward ratio that's more favorable To the dealer than FX trading. Going on from there, we need to point out that dealers investing in the binary choices marketplace are shown just how much the trade will cost and what they may expect as profits if these trades are successful. For newbie can choose binary options bonus and forex bonus
  4. Before venturing into trading, the first step should be to find a competent broker. That you know about put and call options doesn’t make you a pro, which is why seeking professional assistance from a brokerage company is necessary. Besides acting as a bridge between you and the market, the company also contributes to you getting the most out of your trades in real time. You benefit from many things including professional tools like indicators, signals, graphs and more so, expert advice. The popularity of trading has grown over the years, and today, you will get a wide variety of brokers with a simple Google search. In effect, this has made choosing the best broker a challenging task for many people, especially those who are doing it for the first time. The good news is that there are a few things that you can look for to know that you are dealing with the best in the business. Better yet, you won’t have to look for them farther. Top 5 things to look for when choosing a good broker The broker’s reputation The first thing that should come up naturally when conducting your research is the reputation of the broker. How many people have they helped to trade? How many do they manage at the moment? Can their previous clients speak of good things about them? The reputation of the broker that you choose to use will determine how well your investment is managed as well as the possibility of getting what you deserve. So be sure to check that the broker has a good history with its clients and if you can get in touch with some of its clients; even better. Professional Trading Tools and Features The difference between using a broker in your real-time trading and not using one include among other things the tools and features that they offer. These are aimed at making your trading more efficient and productive. They are supposed to help you to make the most when the market goes up and help cut loses when the market goes down. As such, a good broker should have effective tools and features to help you maximize your profits and tame the loses, but if they offer anything less than that, you better look for another one – they are many after all. Terms and Conditions The mistake that many people commit when looking for a broker is getting carried away by the good words most of them use and forget to read the fine print. They say the devil is in the details and you want to be sure that you are acquainted with everything before putting the ink on paper. For this reason, take your time and go through the terms and conditions, noting the benefits that you are liable to and how the loses are handled. A good broker will have its terms and conditions well-laid out in a simplified and straightforward manner to make sure that you understand. Be sure that you seek clarification when you need any. Demo Account Whether you are a seasoned trader or a beginner, a demo account comes in handy in understanding how your broker operates. This includes the ease of calling and putting as well as the effectiveness of the professional tools that they offer. This allows you to taste the waters before actually being part of it, and if you think that the platform is way better than those that you have tried before, then you probably will have found your broker. It is a red flag when the broker doesn’t have a demo account. While it is not easy to find any without a demo account, it is good to ensure that it is offered. Customer support So, you have been trading, and sometime in the night, your platform fails you. You try calling in, but no one picks your cal. Worse yet, they pick, and they offer more problems than solutions. What do you do? Another critical thing to look for in a good broker is the quality of customer support that they provide. To be sure, contact them and have them solve an issue that you have. If you are satisfied with how they not only handle the query but also how they treat you, you may want to consider. #Source: https://www.fxdailyinfo.com/forex-brokers/reviews
  5. Weekly Trading Forecasts for Major Pairs (June 25 - 29, 2018) Here’s the market outlook for the week EURUSD The market swung upwards and downwards last week, without a directional movement. Nevertheless, the major bias remains bearish, and the outlook on EUR pairs is mostly bearish for this week. It is possible that price will test the support lines at 1.1600, 1.1550 (which were previously tested last week). Price may also reach the support line at 1.1500, and possibly breach it to the downside. But that will require a heavy selling pressure. USDCHF Price went sideways from Monday to Wednesday, and fell on Thursday and Friday, corroborating the outgoing bearish outlook on the market. Both USDCHF and EURUSD are currently bearish: But protracted bearish pressure on the latter may help a bullish signal to be generated on the former. There are support levels at 0.9850 and 0.9800. There are also resistance levels at 0.9900 and 0.9950. GBPUSD In the context of a downtrend, price went further southwards, shedding 160 pips and almost testing the accumulation territory at 1.3100. There was an upwards bounce on Thursday, but that would be an opportunity to sell short at higher prices (unless the distribution territory at 1.3400 is breached to the upside). GBP pairs (as well as other major pairs) will experience high volatility this week, and also in the first week of July. USDJPY The long-term bias is bullish, but the short-term bias is bearish. Throughout last week, price meandered between the demand level at 109.50 and the supply level at 111.00. Should price continue to move within the confines of the aforementioned demand and supply levels, the short-term bias would remain neutral. Once the confines are breached, a directional movement will resume, and it could most likely favor bulls. EURJPY Just like its USDJPY counterpart, this cross mostly ranged last week (though the recent bias on the market is bearish). For the ranging movement to end, it is either price will breach the demand zone at 127.00 to the downside (going further downwards), or price would need to breach the supply zone at 129.00 to the upside (going further upwards). One of these conditions must be met for the bearish bias to be supported or invalidated; otherwise the trend would become neutral. GBPJPY This cross underwent a heavy selling pressure on July 18 and 19, but bulls pushed price upwards on July 20 and 21. There remains a Bearish Confirmation Pattern in the market, and it would be invalidated only when price moves upwards by 500 pips from here. On the other hand, price could continue falling towards the demand zones at 145.00, 144.50 and 144.00. Price could even go further downwards than that. This forecast is concluded with the quote below: “Trading is a process-oriented endeavor for those who are serious about becoming and remaining a consistently successful trader.” – Dr. Woody Johnson
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  10. (April 23 – 27, 2018) Weekly Trading Forecasts for Major Pairs Here’s the market outlook for the week: EURUSD The bias is neutral in the long-term term, and bearish in the short-term. Price went southwards last week, losing up to 130 pips, after testing the resistance line at 1.2400. The support line at 1.2250 was almost tested, but price closed close to the resistance line at 1.2300. Owing to the short-term bearishness in the market, further southwards journey is anticipated, which may push price towards the support lines at 1.2250, 1.2200 and 1.2150. USDCHF The Bullish Confirmation Pattern in this market was partly brought about by the anticipated stamina in Greenback. Since testing the support level at 0.9200 on February 16, price has gained 550 pips (gaining 220 pips in this month alone), closing around the resistance level at 0.9750 on Friday. Price should continue going further upwards as EURUSD is pushed further southwards. The resistance levels at 0.9800 and 0.9850 are the targets for this week. GBPUSD The Cable consolidated in the first week of April, went upwards in the second week, and came downwards heavily in the third week (last week). After testing the distribution territory at 1.4350, price has nosedived by 350 pips, reaching the accumulation territory at 1.4000, and closing slightly below it. The bias on the market has now turned bearish, and that may be upheld this week, as the accumulation territories at 1.3950, 1.3900 and 1.3850 are aimed. Source: https://www.fxdailyinfo.com/?p=forex-analysis&id=5643 USDJPY The trading instrument is bearish in the long-term, and bullish in the short-term. After price rammed into the demand level at 105.00 on March 23, it has gone upwards by 280 pips since then. Price closed above the demand level at 107.50 on Friday and it may even reach the supply levels at 108.00 and 108.50 this week…. Before the anticipated reversal occurs. The reversal may be strong enough to take price towards the demand level at 107.50. EURJPY This is a bull market in the near-term, but the bullishness in the market is very weak. Price did almost nothing last week, save some consolidating movement throughout the week. The consolidation may continue this week, but a breakout is imminent, which would most probably favor bears. Thus, the demand zones at 132.00, 131.50 and 131.00 could be reached, which may effectively challenge the recent bullishness in the market. GBPJPY There is now a Bearish Confirmation Pattern in the market, which was forcefully brought about by the large pullback that occurred in the market. Roughly 280 pips were shed as price closed below the supply zone at 151.00 on April 20, 2018. It is expected that further southward movement would play itself out this week, because the outlook on JPY pairs is somewhat bearish for the week. This means the accumulation territories at 150.50, 150.00 and 149.50 would be reached easily. This forecast is concluded with the quote below: “Accept that you can trade, it really isn’t as cognitively difficult as people make out. It is emotionally and psychologically difficult but it doesn’t require much brain power despite what you may be told. Therefore, it is within the realm of most to be able to understand the basics of trading.” – Chris Tate. All forex news
  11. What’s next? – GOLD 16.04.18 Gold prices traded higher in Asian hours on Monday, with market players weighing geopolitical concerns while keeping an eye on upcoming economic reports scheduled later this week. On the Comex division of the New York Mercantile Exchange, gold futures were up 0.07 percent at $1.348.90 a troy ounce as of 06:50 GMT. Last week, the yellow metal settled in green territory at $1,347.80 per ounce, about 0.44 percent higher. For the week, gold prices added 0.88 percent. There were three factors supporting the metal in the last few sessions: prospects of a trade war between the US and China, rising international tensions over Syria, and the dollar’s dynamic. President Xi Jinping said in the previous week that China is willing to take active measures to open its economy, allowing more foreign investments and importation. While this position reinforced the idea of a diplomatic solution, the US hasn’t responded in the same terms so far. Meanwhile, attention progressively moved to Syria, where three military stations were destroyed by a US-led coalition airstrike launched on Friday. Forces from France, Britain and the US targeted key military infrastructure of Syrian President Bashar al-Assad's regime. President Donald Trump gave green light to a military intervention following Syria’s deployment of chemical weapons on April 7 in Douma. That attack killed nearly 40 people. The US dollar index, which gauges the greenback against six major currencies, was trading 0.03 percent lower at 89.48 by the time of this writing. Dollar-denominated gold is very sensitive to moves in the American currency. A stronger dollar makes the yellow metal less attractive for investors holding foreign currencies. Capping gains for the metal were minutes of the Fed’s March monetary policy encounter, which reinstated the possibility of another two interest rate hikes later this year. According to policymakers, the economy will reach its 2 percent target pretty soon. Ahead in today’s session, retail sales for March will be out as of 12:30 GMT, along with the NY Empire State manufacturing index for April. Business inventories are due at 14:00 GMT. Investors will also be monitoring a series of speeches by FOMC representatives, including Kaplan and Kashkari at 16:00 GMT and Bostic as of 17:15 GMT. Get all forex analysis news
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  14. Weekly Trading Forecasts for Major Pairs (April 16 - 20, 2018) EURUSD Irrespective of the bullish attempt that was witnessed last week, the outlook on EURUSD remains neutral. The neutrality has been ongoing for over 2 months, and the bullish attempt that happened last week pales into insignificance when compared to the overall outlook on the market. Price currently oscillates between the support line at 1.2200 and the resistance line at 1.2400. There is a going to be a directional bias once that support line or that resistance line is breached. However, a breach of the support line at 1.2200 is much more likely. USDCHF There is some form of bullishness in this market. Since the support level at 0.9200 was breached on February 16, price has moved upwards by 440 pips, closing above the support level at 0.9600 on Friday. This week is supposed to be bullish, because USD will likely gain some stamina against certain currencies like EUR, CHF, AUD and NZD (with the exception of GBP). The first object of attack this week is the resistance level at 0.9650. GBPUSD The market gained 220 pips last week, almost reaching the distribution territory at 1.4300, and getting corrected lower, to close below the distribution territory at 1.4250. There is a Bullish Confirmation Pattern in the market, and price is supposed to go seriously upwards again, breaching the distribution territories at 1.4250, 1.4300 and 1.4350 to the upside. Short trades are not yet recommended. USDJPY The trading instrument is bearish in the long-term, and bullish in the short-term. There is a weak short-term bullishness owing to the fact that price made some effort to go upwards last week, gaining only 80 pips. Price managed to briefly breach the supply level at 107.50, but it could not close above it on Friday (it closed below it). However, price would be able to go above the supply level at 107.50; even reaching other supply levels at 108.50, 109.00 and 109.50. EURJPY This cross is bearish in the long-term, and now bullish in the short-term. It has gained roughly 250 pips this month, and it can gain another 250 pips before the end of the month. That is something that can bring about a long-term bullish outlook on the market as it goes through the supply zones at 133.00, 133.50 and 134.00, even exceeding those supply zones as price goes further and further northwards. GBPJPY There is a Bullish Confirmation Pattern in the market. The market gained roughly 500 pips in March and it has gained over 400 pips this month, closing above the demand zone at 152.50 on Friday. The outlook on GBP/JPY and most other JPY pairs, remains bullish for this week. The price is expected to reach the supply zones at 153.00, 153.50 and 154.00: the targets that could even be exceeded. Trading forcast forex analysis This forecast is concluded with the quote below: “The markets never reward desperation. They only reward clear thinking, discipline and courage.” – Louise Bedford,
  15. What’s next? – GOLD 13.04.18 Gold prices traded higher in Asian hours on Friday, with rising geopolitical tension over Syria offering support to the demand of safe-haven assets. On the Comex division of the New York Mercantile Exchange, gold futures were up 0.07 percent at $1.342.90 a troy ounce as of 06:20 GMT. On Thursday, US President Donald Trump said military actions in Syria “could be very soon or not so soon at all”. His remarks boosted the dollar’s position and weighed on the metal. The precious metal fell 1.3 percent in the previous session, the largest one-day drop since March 28. The dollar’s dynamic continues to play a key role for gold prices. The US dollar index, which gauges the greenback against six major currencies, was trading 0.08 percent higher at 89.33 by the time of this writing. Dollar-denominated gold is very sensitive to moves in the American currency. A stronger dollar makes the yellow metal less attractive for investors holding foreign currencies. Ahead in today’s session, traders will be paying attention to speeches by FOMC members Rosengren and Bullard as of 12:00 GMT and 13:00 GMT respectively. On the data front, JOLTs job openings for February will be published at 14:00 GMT, along with Michigan Consumer Expectations and Sentiment indicators for April. get forex analysis
  16. right, beginner need to understand.
  17. Forex Fundamental Analysis Fundamental analysis could be a means of observing the forex market by analyzing economic, social, associate degrees political forces which will have an effect on the availability and demand of an quality. If you think that concerning it, this makes a full ton of sense! rather like in your economic science one hundred and one category, it’s provide and demand that determines worth, or in our case, the currency rate. Using provide associate degreed demand as an indicator of wherever worth may be headed is simple. The exhausting half is analyzing all of the factors that have an effect on provide and demand. In alternative words, you have got to seem at various factors to work out whose economy is rockin’ sort of a Taylor Swift song, and whose economy sucks. You have to grasp the explanations of why and the way bound events like a rise within the pct affects a country’s economy and financial policy that ultimately, affects the amount of demand for its currency. The idea behind this kind of research is that if a country’s current or future economic outlook is sweet, their currency ought to strengthen. The better form a country’s economy is, the a lot of foreign businesses and investors can invest therein country. This ends up in the requirement to buy that country’s currency to get those assets. In a shell, this can be what elementary analysis is: Forex elementary Analysis For example, let’s say that the U.S. dollar has been gaining strength as a result of the U.S. economy is rising. And you see regular forex analysis news. As the economy gets higher, raising interest rates could also be required to manage growth and inflation. Higher interest rates build dollar-denominated money assets a lot of enticing. In order to urge their hands on these pretty assets, traders and investors need to obtain some bucks initial. As a result, the worth of the dollar can seemingly increase. Later on within the course, you may learn that economic information points tends to drive currency costs, and why they are doing thus. You will apprehend UN agency the Fed Chairman is and the way retail sales information reflects the economy. You’ll be expulsion out international interest rates like baseball statistics. But for currently, simply apprehend that elementary analysis could be a means of analyzing the potential moves of a currency through the strength or weakness of that country’s economic outlook. It’s getting to be impressive, we tend to promise! Source: https://newforexdiscussion.wordpress.com/2017/12/25/learn-forex-analysis-forex-fundamental-analysis/
  18. What’s next? – USDJPY 12.04.18 The dollar was trading 0.15 percent higher vs the Japanese yen at 106.94 as of 06:25 GMT on Thursday, as the dollar recovered moderately on the back of upbeat inflation data. Yesterday, the core consumer price index showed a 2.1 percent year-on-year growth for March, its best performance since February 2017, compared to a prior month 1.8 percent. The US dollar index, which gauges the greenback against six major currencies, was trading 0.08 percent higher at 89.33 by the time of this writing. Ahead in the day, the US export/import price index is up at 12:30 GMT. No other relevant reports are scheduled for today’s session. We believe attention will turn to political developments. Overnight, the Trump administration warned Moscow about its position in the Syria conflict, suggesting serious military actions would be taken against Bashar al-Assad’s regime. President Donald Trump tweeted: “Russia vows to shoot down any and all missiles fired at Syria. Get ready Russia, because they will be coming, nice and new and “smart!” You shouldn’t be partners with a Gas Killing Animal who kills his people and enjoys it!” Earlier this week, the Republican leader told a group of reporters that “[the United States] have a lot of options, militarily. And we'll be letting you know pretty soon" It seems investors’ focus is not shifting from US-China trade relations to US-Russia war relations. This matter could potentially be much more damaging than a trade war, therefore market players are likely to closely monitor the situation. The pair is expected to run high on the back of higher geopolitical uncertainty. The USDJPY will be driven by fear and the Japanese yen will take the lead in that case. USDJPY Forex analysis
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  21. CAD surges further on weaker USD It was all downhill today for the USDCAD as the USD weakness continued to be a major factor. This comes as China looks to work together with the US in order to help deal with intellectual property rights and bring about the end of the trade war. However, it seems that the USD is currently not in favour with traders and they're pushing it lower every chance they get, and no more so than against the CAD which is currently one of the strongest currencies out there. One thing that is worrisome, and on the horizon, is of course the US CPI reading which if strong could potentially lead to a bounce in the USDCAD as it does show signs of being oversold at present. In the long run though the USDCAD does seem like it could potentially run away further on the back of the head and shoulders pattern which has given the bears so much more hunger as of late. For the USDCAD bears the bottom is looking all the more possible and I am expecting to see some sort of push to support at 1.2548 on the chart. A bounce here not be a surprise as it's oversold at present and probably some traders will look to take profit. However, if we see sustained momentum and we have so far - with the 200 day moving average being swept aside - then I would expect further extensions to potentially 1.2406. In the event the bounce leads to a push back higher the neck line around 1.2807 is likely to be some hard work for the bulls to even crack through, as I would expect the vast majority of traders to defend this heavily. Oil has been one of the surprise movers in recent times as it rebounded sharply up the charts recently. This should not come as a surprise as the USD has been weaker over the last few days. The question now remains can it sustain a push to resistance at 66.05, as the majority of traders believe that at present 60-70 is the current market range we should expect in the near future. Beyond this level is something we've not seen since 2014. I would anticipate that any moves higher may be met with some bearish resistance but it's hard to tell just yet as oil has not been above this level for some time. On the charts in the long run momentum has always been bullish with a strong long term trend line. And the bulls today certainly showed they were keen to continue momentum with that push to resistance at 66.05. I would be surprised to see it breakthrough and I expect markets will look for a bounce here, especially if the USD does strengthen. If we do see that bounce then expect the bears to pull it back to 64.57, which will be the next level of support as the market falls. If we do however see a breakthrough then I would need to see a close above the resistance level to keep bullish momentum going. Get news forex analysis
  22. Xi Jinping provided equity bulls a much-needed boost Appetite for risk bolstered Tuesday morning, as Chinese President Xi Jinping offered plans to further open up the second largest economy. Xi’s public speech at the Boao Forum came days after the U.S. and China exchanged tit-for-tat tariffs threats, which kept investors on edge for several weeks. He promised to lower import tariffs for autos, as well as on some other products, open up the financial and insurance sectors, and most importantly, to increase protection to intellectual property. Xi’s speech calmed markets by responding to all of Donald Trump’s concerns, without even mentioning him. Now it’s time for China to provide specific figures and a timeline on how these reforms will be implemented. I think what was achieved today is likely to reduce trade tensions and buy some extra time. Whether the U.S. will wave back with an olive branch to China remains to be seen, but certainly, the probability of a full-blown trade war is now much lower than a week ago. Asian equities were all in the green this morning with the Hang Seng Index and Nikkei 225 climbing more than 1%. Futures are also indicating a positive start to Europe and U.S. – the S&P 500 futures are up 1.3% at the time of writing. However, the new geopolitical risks over the increased conflict in Syria cannot be ignored. This came after the U.S. imposed a wide range of financial sanctions on Russian assets, causing stocks to suffer their worst performance in four years and the ruble falling as much as 4.1%. Russia warned the U.S. that any military reprisal to Saturdays’ chemical attack in Syria could have “grave repercussions”. Will U.S. and Russia go into a confrontation in Syria? This likely depends on Trump’s decision over the next 24 hours, but the risks are high. Although oil prices may have risen on hopes that trade tensions will ease, investors may start pricing in a much higher risk premium. So far, it seems the conflict in Syria has no impact on the supply from the Middle East, but if the battle spills outside the Syrian border, I expect another $10 risk premium to be added to the current price. The economic calendar is light today, so expect currency traders to continue taking the cue from equity markets. # best forex analysis
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  25. Ethereum Weekly Price Analysis – April 8 ETHUSD Long-term Trend – Bearish Distribution territories: $500.00, $600.00, $700.00. Accumulation territories: $300.00, $200.00, $100.00. This week ETHUSD pair continues to trend southward almost the same bearish outlook as last week’s formation. On April 3rd, the price managed to form a lower high above distribution territory of $400.00, April 4th marked another noticeable bearish movement in the market. Presently, price has also moved deeply southward and has now been trading around the accumulation territory of $400.00. Moving average 50 is far above moving average 13. The price action has been traded along the bearish path of moving average 13 consecutively with a wide space notification to moving average 50. The stochastic oscillator remains crossed into the oversold zone and also pointing southward. However, the current price trend could, in the long-term, accumulate momentum from breaking below the next accumulation territory of $300.00 and form a trading range towards another accumulation territory of $200.00. Pit stops can be experienced if that eventually cropped up. Traders can look out at that point in time to take on the bull from a reversal or a pullback which can lead to a potential markup in price in the next few weeks. The views and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your own research. Get this forex analysis news
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