Thread: Forex daily Analysis by FBS

The chick and Forex. Level 3

https://fbs.com/blog/the-chick-and-f...xChick3rolclub

This is the third part of the story about a girl who decided to learn forex and try trading with FBS. Let's find out what's new in this article.
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FBS Services.

https://fbs.com/analytics/videolesso...vices_Carigold
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Account types



Find out the type of account that best suit you acording to your experience and the amount of capital to start trading on FOREX with FBS.

Forex trading requires a proper analysis if a foreign currency exchange trader needs to ensure success in this world market place. Two basic types of analysis are being used by the currency exchange traders in the present time: technical and fundamental analysis. As forex is a currency exchange market and currencies are the underlying securities which can be influenced by various global and domestic economic news here a trader needs to instant reaction to latest financial news.

Lesson 13. Swap and rollover

https://fbs.com/analytics/videolesso...oLessonrolclub

Rollover is a procedure of moving open positions from one trading day to another. If a trader extends his position beyond one day, he/she will be dealing with a cost or gain, depending on prevailing interest rates.
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Build your strategy on RSI.

https://fbs.com/analytics/tips/build...trategyrolclub

RSI (Relative Strength Index) is one of the oscillator indicators that is widely used by traders to determine reversal points.
In this important article you will learn two interesting trading strategies using the RSI Indicator.

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Ichimoku Kinko Hyo indicator

https://fbs.com/analytics/guidebooks...chimokurolclub

Ichimoku Kinko Hyo (IKH) is a very useful and informative technical indicator. It shows the direction of the dominant trend; its lines may serve you as solid supports and resistances, and its clouds will allow you to visualize momentum and trend strength. Learn in this article how to use it correctly.
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Technical indicators: trading divergences

https://fbs.com/analytics/guidebooks...rgencesrolclub


Divergence is one of the most efficient trading concepts that offer reliable high-quality trading signals. The most curious thing is that it owes its accuracy to the lagging action of oscillators. Learn all about this in this interesting article.

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Weekly CryptoNews

More at: http://bit.ly/2Dlufyu

21.09.2018

John Mccaffee, crypto enthusiast, investor: “Stay true, stay the course and hold. There is no such thing as a wealthy short-term investor.” (Mccaffee can't be wrong, can he?))

Monday was unfortunate for Bitcoin, as the cryptocurrency was trading lower its last week’s levels. The capitalization immediately dropped lower $200 million. Some people see the reason in the technical glitch at Tether (USDT). Wednesday was also quite eventful, as the Japanese crypto trading platform Zaif was hacked. Hackers stole around $60 million of crypto. As a result, Bitcoin experienced a massive sellout, although it could manage to stabilize with the help of 5 mln XBT/USD contracts bought at $6,469 on BitMEX. Right now the digital currency crossed the 50-day MA at $6,614 and 100-day MA at $6,666 and moving towards the resistance at $6,812. The next resistance will be at $7,137. If the market turns bearish, the support to watch is at $6,550.



In other news:

The US Securities and exchange commission (SEC) postponed its final decision concerning the trading of Bitcoin exchange-traded funds (ETF) again as they did not reach any conclusion on the issue. Right now they are looking for more feedback on market manipulations’ topic.
The Bancor platform developers announced their plans to adjust trading on EOS blockchain. The project is planning to work in two networks simultaneously.
Attorney general of the state of New York made a conclusion, that crypto platforms can be easily affected by market manipulations. The most suspicious among them are Binance, Gate[.]io and Kraken. They rejected to negotiate with the attorney.
Binance CEO Changpeng Zhao told, that there was a successful testing of a cryptocurrency platform which supports fiat in Singapore. Now Binance is planning to open two of these platforms on each continent.
Last report from the Europol contain an information that none of terroristic attacks was financed by cryptocurrencies. However, the organization is afraid, that criminals can soon start using smart-contracts.
15 international organizations cooperate on launching the blockchain Etherum based platform komgo SA for digitalization the trading of raw materials.

Bitcoin: $6,700.9 (+4.79%)

DASH: $205.89 (+7.74%)

Ethereum: $225.98 (+8.45%)

Litecoin: $57.730 (+7.28%)

Lesson 14. Definitions: trend, correction, reversal, support, resistance


http://bit.ly/2zr0yIf


Take a look at the price chart. As you can see, the price never moves in straight lines, there are a series of highs and lows.
Watch this tutorial to learn more.


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Analysis refers to the survey over the market. Analysis is of two types and one is technical and another one is fundamental. Technical analysis is commonly seen among traders. I also prefer it more. PSSFX is a reliable broker best for the technical analyzers because they provide almost all technical tools and resources with a nice trading platform. They also provide technical signals on daily basis to the traders.