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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 on December 20th (U.S. Session)

The test of the 156.83 level occurred when the MACD indicator had moved significantly below the zero line, limiting the pair's downward potential. For this reason, I sold the dollar...
iconRelevance until2024-12-21
Analytical expert:
2024-12-20T13:13:28

GBP/USD: Simple Trading Tips for Beginner Traders on December 20th (U.S. Session)

No tests of the specified levels occurred during the first half of the day due to significantly reduced volatility in the pound following yesterday's sell-off. The release of data...
iconRelevance until2024-12-21
Analytical expert:
2024-12-20T13:11:35

EUR/USD: Simple Trading Tips for Beginner Traders on December 20th (U.S. Session)

The test of the 1.0385 level occurred when the MACD indicator was already significantly above the zero mark, which, in my opinion, limited the pair's upward potential. For this reason...
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Analytical expert:
2024-12-20T13:10:02

USD/JPY: Simple Trading Tips for Beginner Traders on December 20. Forex Analysis of Yesterday's Trades

A test of the 157.12 level coincided with the MACD indicator beginning to move upward from the zero mark, confirming a proper entry point for buying the dollar...
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Analytical expert:
2024-12-20T08:01:15

GBP/USD: Simple Trading Tips for Beginner Traders on December 20. Forex Analysis of Yesterday's Trades

The 1.2635 price test occurred when the MACD indicator had just begun moving downward from the zero level. This confirmed a correct entry point for selling the pound, which resulted...
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Analytical expert:
2024-12-20T08:01:14

EUR/USD: Simple Trading Tips for Beginner Traders on December 20. Forex Analysis of Yesterday's Trades

The test of the 1.0402 price level coincided with when the MACD indicator was just beginning to move down from the zero mark. This confirmed the correct entry point...
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Analytical expert:
2024-12-20T08:01:13

Technical Analysis of Intraday Price Movement of Cardano Cryptocurrency, Friday December 20, 2024.

Simply by looking at the 4-hour chart of the Cardano cryptocurrency which is moving harmoniously in the Bearish Pitchfork channel and below the SMA (100) which has a decreasing slope...
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Analytical expert:
2024-12-20T07:58:02

Technical Analysis of Intraday Price Movement of Filecoin Cryptocurrency, Friday December 20, 2024.

Although on the 4-hour chart, the Filecoin cryptocurrency appears to be dominated by Sellers, which can be seen from its price movement which moves harmoniously within the bearish channel...
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Analytical expert:
2024-12-20T07:58:01

How to Trade the GBP/USD Pair on December 20? Simple Tips and Trade Analysis for Beginners

Analysis of Thursday's Trades 1H Chart of GBP/USD The GBP/USD pair continued its near-collapse on Friday. Recall that the Federal Reserve meeting results were announced on Wednesday evening, followed...
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Analytical expert:
2024-12-20T05:59:49

How to Trade the EUR/USD Pair on December 20? Simple Tips and Trade Analysis for Beginners

Analysis of Thursday's Trades 1H Chart of EUR/USD The EUR/USD currency pair attempted to correct on Thursday and then tried to continue its downward movement. In reality, it failed...
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Analytical expert:
2024-12-20T05:59:45