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FX.co ★ Forex analysis for newbies. Simple trading tips for beginning traders

Do you want to make money trading on Forex? It is really possible. However, there are a lot of those who have suffered losses. To gain money, traders should learn to understand the market. They should be able to correctly analyze changes on Forex and skillfully interpret its signals. Newbies are recommended to develop their own strategies and views on the financial market. To get all necessary information, traders can make use of the Analytics for Beginners section. Data presented in the section will help them find profitable and effective trading solutions.
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USD/JPY: trading tips for beginners for European session on May 2

The price test of 157.61 at the beginning of the US session occurred at a time when the MACD indicator sharply fell from the zero mark, which limited the pair's...
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Analytical expert:
2024-05-02T07:24:58

GBP/USD: trading tips for beginners for European session on May 2

The price test of 1.2494 in the afternoon occurred at a time when the MACD indicator was just starting to move up from the zero mark, which confirmed the entry...
iconRelevance until2024-05-03
Analytical expert:
2024-05-02T07:24:53

EUR/USD: trading tips for beginners for European session on May 2

The price test of 1.0675 in the afternoon occurred at a time when the MACD indicator was just starting to move up from the zero mark, which confirmed the entry...
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Analytical expert:
2024-05-02T07:24:49

Key events on May 2: fundamental analysis for beginners

There are fewer macroeconomic events on Thursday, and none of them are crucial. The second estimates of the manufacturing Purchasing Managers' Index (PMI) for Germany and the EU will...
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Analytical expert:
2024-05-02T04:18:36

Trading plan for GBP/USD on May 2. Simple tips for beginners

Analyzing Wednesday's trades: GBP/USD on 1H chart The GBP/USD pair hardly moved on Wednesday, as it was mostly stagnant throughout the day. Although the price settled below the ascending trendline...
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Analytical expert:
2024-05-02T04:01:40

Trading plan for EUR/USD on May 2. Simple tips for beginners

Analyzing Wednesday's trades: EUR/USD on 1H chart The EUR/USD pair showed dishonorable movements on Wednesday. First of all, the market ignored all the "important" US reports. Secondly, the price initially...
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Analytical expert:
2024-05-02T04:01:36

Technical Analysis of Intraday Price Movement of EUR/USD Main Currency Pairs, Thursday May 02 2024.

Even though currently on the 4-hour chart the main EUR/USD currency pair is moving in a ranging/sideways condition, the condition of the 50 MA which is below...
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Analytical expert:
2024-05-02T03:44:56

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday May 02 2024.

With the appearance of deviations between the price movement of the Nasdaq 100 index and the Stochastic Oscillator indicator plus the condition of the MA 50 which is below...
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Analytical expert:
2024-05-02T03:44:54

GBP/USD: Simple trading tips for novice traders for April 30th (US session)

Trade analysis and trading tips for the British pound The test of the price at 1.2540 in the first half occurred when the MACD indicator was starting to move upward...
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Analytical expert:
2024-04-30T15:03:33

EUR/USD: Simple trading tips for novice traders for April 30th (US session)

Trade analysis and trading tips for the European currency The first price test at 1.0713 in the first half of the day occurred when the MACD indicator was starting...
iconRelevance until2024-05-01
Analytical expert:
2024-04-30T14:58:12