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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 Beginner Traders for November 7th (U.S. Session)

Analysis of trades and trading tips for the Japanese yen The test of the 153.84 level occurred when the MACD indicator moved significantly below the zero mark, limiting the pair's...
iconRelevance until2024-11-08
Analytical expert:
2024-11-07T13:19:35

GBP/USD: Simple Trading Tips for Beginner Traders on November 7th (U.S. Session)

Analysis of trades and trading advice for the British pound The test of the 1.2941 level occurred when the MACD indicator was significantly above the zero mark, limiting the pair's...
iconRelevance until2024-11-08
Analytical expert:
2024-11-07T13:17:48

EUR/USD: Simple Trading Tips for Beginners on November 7th (U.S. Session)

Trade Analysis and Advice for the Euro The first test of the 1.0759 price occurred when the MACD was significantly above zero. Within the euro's bearish trend, this limited...
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Analytical expert:
2024-11-07T13:15:14

GBP/USD: Trading Plan for the U.S. Session on November 7th (Morning Trade Review)

In my morning forecast, I highlighted the 1.2925 level as key for making trading decisions. Let's examine the 5-minute chart to assess the developments. A breakout and retest of 1.2925...
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Analytical expert:
2024-11-07T13:06:10

USDJPY: Simple Trading Tips for Beginner Traders on November 7. Review of Yesterday's Forex Deals

Analysis of Trades and Trading Tips for the Japanese Yen The test of the 154.19 level occurred when the MACD indicator was beginning to move upward from the zero mark...
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Analytical expert:
2024-11-07T07:40:16

GBPUSD: Simple Trading Tips for Beginner Traders on November 7. Review of Yesterday's Forex Deals

Trade Analysis and Tips for Trading the British Pound The test of the 1.2880 level occurred when the MACD indicator was just beginning to move downward from the zero mark...
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Analytical expert:
2024-11-07T07:40:04

EURUSD: Simple Trading Tips for Beginner Traders on November 7. Review of Yesterday's Forex Deals

Trade Analysis and Tips for Trading the Euro The test of the 1.0741 level occurred when the MACD indicator was just beginning to move downward from the zero mark. This...
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Analytical expert:
2024-11-07T07:39:50

What to Watch on November 7? Analysis of Fundamental Events for Beginners

Quite a few macroeconomic events are scheduled for Thursday, but none are significant. In the Eurozone, industrial production and retail sales reports will be published. In the United States, data...
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Analytical expert:
2024-11-07T07:15:01

How to Trade the GBP/USD Pair on November 7? Simple Tips and Trade Analysis for Beginners

Analysis of Wednesday's Trades: 1H Chart of GBP/USD Pair The GBP/USD pair also experienced a significant drop on Wednesday, triggered by the U.S. presidential elections. As we mentioned, there...
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Analytical expert:
2024-11-07T06:56:20

How to Trade the EUR/USD Pair on November 7? Simple Tips and Trade Analysis for Beginners

Analysis of Wednesday's Trades: 1H Chart of EUR/USD Pair The EUR/USD currency pair plummeted by nearly 250 pips on Wednesday. Most of the downward movement occurred overnight, triggered...
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Analytical expert:
2024-11-07T06:56:16