Weekly review of GBP/USD for April 24-28, 2023
Weekly Review : The GBP/USD pair steep decline spells for a capitulation event underway from the levels 1.2470 and 1.2448. More price decline is li…
Showing posts with the label aprilShow all
Analysis of the trading week of April 24-28 for the EUR/USD pair. COT Report. A boring week, but the euro currency is back
Long-term perspective. The EUR/USD currency pair was traded illogically again this week. We should start with the fact that we did not see any corr…
Analysis of the trading week April 17-21 for the EUR/USD pair. COT Report. Boring week, a new attempt by the euro to show
Long-term perspective. The EUR/USD currency pair again traded somewhat illogically this week. The correction never began, although the pair remaine…
Trading Signal for GOLD (XAU/USD) on April 10 - 11, 2023: buy if rebounds around 1,984 (200 EMA - oversold)
Early in the American session, Gold (XAU/USD) is trading around 1,996.66, retreating after the instrument reached the 21 SMA located at 2,001.20. We…
Analysis of EUR/USD on April 10. Easter Monday, and that says it all.
The wave markup of the 4-hour chart for the euro/dollar pair continues to get more confusing due to the recent upward waves. These waves are the beg…
Ichimoku cloud indicator analysis on EURUSD for April 10th, 2023
EURUSD is under pressure. Price is challenging the 4hour Kumo (cloud) support at 1.0855. Price is vulnerable to more downside as it trades below bot…
Technical analysis of GBP/USD for April 09, 2023
Overview: The GBP/USD pair broke resistance which turned to strong support at the level of 1.2302 yesterday. The level of 1.2302 coincides with a g…
EUR/USD and GBP/USD: trading tips for beginner traders on April 7 (US session)
The absence of statistics and the pre-Easter European session did not lead to market changes in the euro and the British pound. Although sellers of t…
Technical analysis on NZDUSD for April 4th, 2023.
Black line- resistance Blue line -support trend line Yellow rectangles- higher lows NZDUSD is trading around 0.6271 after making a new higher hig…
RobotFX is creating Expert Advisors for METATRADER (MetaQuotes Language) ment to follow distinct profitable proven trading strategies.
Risk warning
Before deciding to participate in the forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. We are not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Also, we are not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of our FLEX expert advisors. The content on this website is subject to change at any time without notice.
Forex trading involves risk. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.
