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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: Simple trading tips for novice traders for May 3rd (US session)

Trade analysis and advice on trading the Japanese yen The tests of the levels I indicated in the first half of the day did not happen due to low volatility...
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Analytical expert:
2024-05-03T10:28:46

GBP/USD: Simple trading tips for novice traders for May 3rd (US session)

Trade analysis and advice on trading the British pound The test of the price at 1.2560 in the first half of the day coincided with the moment when the MACD...
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Analytical expert:
2024-05-03T10:14:02

EUR/USD: Simple trading tips for novice traders on May 3rd (US session)

Trade analysis and advice on trading the European currency The test of the price at 1.0744 in the first half of the day coincided with the moment when the MACD...
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Analytical expert:
2024-05-03T10:05:12

USD/JPY: trading tips for beginners for European session on May 3

The price test of 154.99 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:
2024-05-03T07:00:35

GBP/USD: trading tips for beginners for European session on May 3

The price test of 1.2506 in the afternoon occurred at a time when the MACD indicator was just starting to move down from the zero mark, which confirmed the entry...
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Analytical expert:
2024-05-03T07:00:25

EUR/USD: trading tips for beginners for European session on May 3

The price test of 1.0694 in the afternoon occurred at a time when the MACD indicator sharply fell from the zero mark, which limited the pair's bearish potential. For this...
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Analytical expert:
2024-05-03T07:00:15

Key events on May 3: fundamental analysis for beginners

For Friday, the lineup of macroeconomic events is quite considerable. Let us start with the US reports as they can be crucial for the US dollar. In recent weeks...
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Analytical expert:
2024-05-03T04:44:30

Trading plan for GBP/USD on May 3. Simple tips for beginners

Analyzing Thursday's trades: GBP/USD on 1H chart The GBP/USD pair also tried to initiate a downward movement on Thursday after the price consolidated below the ascending trend line...
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Analytical expert:
2024-05-03T03:49:18

Trading plan for EUR/USD on May 3. Simple tips for beginners

Analyzing Thursday's trades: EUR/USD on 1H chart The EUR/USD pair traded within an ascending channel on Thursday, which it should have already broken out of. In fact, we are still...
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Analytical expert:
2024-05-03T03:49:13

Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday May 03 2024.

On the 4 hour chart of Doge cryptocurrency, Seller seems still looks dominating where this is shown by the MA 20 which is below MA 200. However, with the price...
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Analytical expert:
2024-05-03T03:46:33