FXOpen Trader

We will need to make some Efforts in doing our trades into the Forex markets.

If we are making income from doing our trades into the markets then we can become Better Traders.

If we are making the best use of the trading resources then the income we can get will get increased.

We must make such Efforts so that the losses will start to come down for us in the long term.

If we are doing the correct type of analysis in doing our trades we can get more profits also.

The losses that we are getting from our trades will need to be limited by us.

We will need to first of all try to understand about the Chart Patterns.

I have made the mistakes in doing my trading and i need to bring them down.

The losses that we are getting from our trades will need to be reduced by us.

We will need to start making such Efforts so that the losses can be reduced by us.

We will need to make use of such kind of a Forex Broker which is Regulated and that is Truly International like FXOpen

I have been doing my Forex trading from the last 10 Years with the International and Reputed Forex Broker FXOpen Markets They are a True ECN Forex Brokers.

We can try to understand how the markets are moving so that the profits can be obtained by us.

If we are making some mistakes in doing our trades we will need to learn from them.

The losses that we are getting from our trading will need to be reduced by us so that we can gain the Profits.

We will need to learn our trading in a way so that the losses will remain limited for us.

We will need to make use of such kind of a Forex Broker which is Regulated and that is Truly International like FXOpen

If we will start doing the hard work in our trading we can also make some Good Profits.

We should try to understand the importance of making use of the correct Trading plan in doing our trades into the markets.

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We will have to start learning about doing our trades into the Forex markets.

GBP/USD and USD/CAD Could Extend Gains GBP/USD started a steady increase and surpassed the 1.3600 resistance. USD/CAD is holding gains above 1.2700 and eyeing more gains. Important Takeaways for GBP/USD and USD/CAD The British Pound started a fresh increase from the 1.3500 support zone. There is a key bullish trend line forming with support near 1.3590 on the hourly chart of GBP/USD. USD/CAD seems to be facing resistance near the 1.2760 and 1.2780 resistance levels. There is a major bearish trend line forming with resistance near 1.2755 on the hourly chart. GBP/USD Technical Analysis The British Pound formed a strong support base above the 1.3500 level against the US Dollar. As a result, the GBP/USD pair started a decent increase and it broke many hurdles near 1.3550. The pair gained pace above the 1.3580 level and the 50 hourly simple moving average. The pair even spiked above the 1.3600 resistance zone. A high is formed near 1.3642 on FXOpen and the pair is now consolidating gains. GBP/USD Hourly Chart There was a move below the 23.6% Fib retracement level of the upward move from the 1.3486 swing low to 1.3642 high. An initial support on the downside is near the 1.3605 level and the 50 hourly simple moving average. The main support is now forming near the 1.3590 level. There is also a key bullish trend line forming with support near 1.3590 on the hourly chart of GBP/USD. The trend line is also above the 50% Fib retracement level of the upward move from the 1.3486 swing low to 1.3642 high. If there is a downside break, GBP/USD might test the 1.3520 support. On the upside, the pair must settle above the 1.3630 level. The next major resistance is near the 1.3650 level. Any more gains could lead the pair towards the 1.3800 barrier in the near term. An intermediate resistance could be 1.3740. Read Full on FXOpen Company Blog...

It's Hard Work not LUCK Understanding Market Chaos Understand in Details and Get the Answers from the Experienced Forex Traders and FXOpen Forum Members. Learn Forex Trading with FXOpen Forum

Success Is Not for the Lazy Understanding Trend Reversal Pattern Understand in Details and Get the Answers from the Experienced Forex Traders and FXOpen Forum Members. Learn Forex Trading with FXOpen Forum

AUD/USD and NZD/USD Target Additional Gain AUD/USD started a fresh increase from the 0.7085 zone. NZD/USD is also rising and there was a clear move above the 0.6680 resistance. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar started a fresh increase after it cleared 0.7100 against the US Dollar. There is a key bullish trend line forming with support near 0.7180 on the hourly chart of AUD/USD. NZD/USD also climbed higher after forming a base above the 0.6600 level. There is a major bullish trend line forming with support near 0.6695 on the hourly chart of NZD/USD. AUD/USD Technical Analysis The Aussie Dollar found support near the 0.7080 zone against the US Dollar. The AUD/USD pair traded as low as 0.7086 on FXOpen before it started a fresh increase. There was a clear move above the 0.7100 and 0.7120 resistance levels. The pair surged above the 0.7180 level and the 50 hourly simple moving average. During the increase, there was a clear move above the 50% Fib retracement level of the downward move from the 0.7248 swing high to 0.7086 low. AUD/USD Hourly Chart Besides, there is a key bullish trend line forming with support near 0.7180 on the hourly chart of AUD/USD. The pair is now facing resistance near the 0.7210 level. The 76.4% Fib retracement level of the downward move from the 0.7248 swing high to 0.7086 low is also near the 0.7210 level. The next major resistance is near the 0.7250 level. A close above the 0.7250 level could start a steady increase in the near term. The next major resistance could be 0.7300. On the downside, an initial support is near the 0.7180 level and the 50 hourly simple moving average. The next support is near the 0.7165. If there is a downside break below the 0.7165 support, the pair could extend its decline towards the 0.7120 level. Any more downsides might send the pair toward the 0.7080 level. Read Full on FXOpen Company Blog...