Forex Market News FX charts.

Sunday, February 9, 2020

Vietnam has estimated that the cost to tourism of the coronavirus outbreak would be $7.7 billion over the next three months, according to local press reports.

Friday, February 7, 2020

USD/JPY is little changed after Friday's job report, trading up to 109.95 before the data release and 109.76 after. Analysts say the report is likely to have a minimum effect on markets since the Fed isn't likely to alter its policy stance based on the release. The Labor Department said employers added 225,000 jobs in January, versus economist estimates of 158,000. The WSJ Dollar Index was recently at 91.48.

Thursday, February 6, 2020

Fore trading to make money

To make more money and have more winning trades you need to look at swing trading to avoid all the chop and channels that occur during the day. Day trading volatility and low volume is a harbinger of losing trades and a new trader will lose money for a long time. It is better to study a program these days than financial statements or charts that only look in the daily trend and not longer term trend that don't have all the chop associated with day trading. Professional Techniques For Short-Term Currency Trading

Downside risks for EUR/USD 2/6

Downside risks for EUR/USD could see the euro drop below the $1.0980-$1.0990 support zone, says TD Securities. Signs of further deterioration in the eurozone economy, emerging political risk in the region as factional discord arises in Germany's ruling coalition, plus limited scope for the European Central Bank to boost the economy by cutting rates further show the euro could weaken, it says. The first test would be a solid U.S. employment reading Friday, as it could easily send EUR/USD below 1.0950 to put a test of the early October multi-year low of $1.0879 into view, says the bank. EUR/USD is last flat at 1.1003.

Tuesday, February 4, 2020

forex chart CAD/JPY 2/4

	The following assumptions that have been made: - At least 20 pip forecast - The key level and chart pattern were at most 5 candles apart at time of identification


	Symbol : CADJPY

Direction :

Identified time : 2020-02-04 15:01 GMT
Breakout price : 82.278
Forecast price : 82.65892
Forecast pips : 38
Probability : 65.39 %

Pattern : Channel Down
Interval : 60 Min

Pattern : Resistance
Interval : 60 Min

Learning to Trade

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With this course you will master the success factors that will make you a winner in the markets. Then you can limit your time trading to just 90 minute per day, using methodology that’s been continually profitable since it was first developed it in the mid-1990s.