Advanced Forex Strategies

USDJPY Weekly Forex Forecast - 15th Aug to 19th Aug 2016

USDCHF Weekly Forex Forecast – 22nd Aug to 26th Aug 2016

Technical Outlook: USDCHF has completed the breakout from the previous ascending wedge pattern with price breaking down below 0.9640 – 0.9612 support level to test June 24/Brexit lows at 0.9553. The strong bounce off this support level has sent


USDJPY Weekly Forex Forecast - 15th Aug to 19th Aug 2016

USDJPY Weekly Forex Forecast – 22nd Aug to 26th Aug 2016

Technical Outlook: USDJPY posted new losses last week as price broke down below the Brexit lows made in late June. However, USDJPY continues to evolve into a descending wedge pattern which signals a potential upside risk. Near term resistance


EURUSD Weekly Forex Forecast - 22nd Aug to 26th Aug 2016

EURUSD Weekly Forex Forecast – 22nd Aug to 26th Aug 2016

Technical Outlook: EURUSD posted an 8-week high last week near 1.1360 before pulling back by Friday’s close. Major resistance is seen at 1.1389 but we expect EURUSD to pull back towards the support at 1.1230 – 1.1200 before we


AUDUSD Weekly Forex Forecast - 22nd Aug to 26th Aug 2016

AUDUSD Weekly Forex Forecast – 22nd Aug to 26th Aug 2016

Commodity currencies like CAD and Aussie are the strongest counterparts against the greenback, a rally inspired by strong commodity prices. Commodity based currencies are expected to outperform in the coming week as well and the 0.7646 -07610 area of


USDCAD Weekly Forex Forecast - 22nd Aug to 26th Aug 2016

USDCAD Weekly Forex Forecast 22nd Aug to 26th Aug 2016

The USDCAD technical pattern looks constructive for more downside momentum as the break below 1.2830 July’s low exposes and opens the door for a much deeper correction towards 1.2653 Jun’s low. There is a strong inverse correlation between USD/CAD


GBPUSD Weekly Forex Forecast - 22nd Aug to 26th Aug 2016

GBPUSD Weekly Forex Forecast – 22nd Aug to 26th Aug 2016

Last week’s GBPUSD up drift lack momentums and it failed to produce a close above the 200-day moving average a key resistance level which is constructive for the bearish case. The downside channel formed in the aftermath of Brexit


Stochastic 3 MT4 Indicator Long Trade Entry Rules

How to Trade with the Stochastic 3 MT4 Indicator

The Stochastic 3 MT4 Indicator is a trading strategy which is based on the popular MT4 Indicator, the Stochastic indicator, to produce reliable buy sell trading signals. For this strategy, a few modifications has to be made to the indicator to get what we want out of the strategy setup. Stochastic 3


Profit By Friday EURUSD Forex Trade Signal Service Result - 15th Aug 2016

EURUSD Forex Trade Signal Service – 15th Aug 2016

Profit By Friday EURUSD Forex Trade Signal Service – 15th Aug 2016 It’s been really some time since we updated the results for Profit by Friday EURUSD…about 3 weeks to be exact and a lot of things has happened with this portfolio. The most obvious is the portfolio has now grown by


AUDUSD Weekly Forex Forecast - 15th Aug to 19th Aug 2016

AUDUSD Weekly Forex Forecast – 15th Aug to 19th Aug 2016

Without a doubt, the best-performing currencies against the greenback are the commodity currencies and the AUDUSD enjoyed a nice run over the last couple of weeks. The latest RBA rate cut was not enough to keep Aussie down for


USDCAD Weekly Forex Forecast - 15th Aug to 19th Aug 2016

USDCAD Weekly Forex Forecast – 15th Aug to 19th Aug 2016

USDCAD is trading softer again as the bearish momentum quickly accelerates to the downside, a move partial motivated by stronger Oil prices. There is a strong inverse correlation between USD/CAD and Crude Oil price and the two weeks rally