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Trading signals and online forecasts

Online trading signals with results in real time on the financial markets from professional traders

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GBP/USD - Technical analysis of the GBP/USD currency pair on September 17
GBP/USD - Technical analysis of the GBP/USD currency pair on September 17 With the opening of trading in Asia on Friday, this currency pair is trading with an increase in quotations, remaining within the current support level at 1.3749 and the resistance level at 1.3899, where the market chart progresses slightly below the exponential moving averages with a period of 21 and 55 days, demonstrating the loss of initiative by the bulls and the formation of a downtrend in this market in the short term.On the four-hour chart, the moving averages turned down, reducing the divergence to a minimum and forming a signal to sell this trading instrument, which indicates in favor of strengthening the downtrend in this market in the short term.The technical picture also demonstrates the sellers' advantage, since the MACD histogram entered the area just below its central line, and the strength indicator of the current RSI movement fell below the 50 line, confirming the downward potential of this market in the short term.Thus, we intend to sell this trading instrument ...
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The value of the British currency declined against the US dollar
The value of the British currency declined against the US dollar The value of the British currency declined against the US dollar and reached the level of 1.3780.The dollar strengthened across the entire spectrum of the market on the back of strong retail sales data last month. The indicator grew by 2.5% in annual terms, although even a slight decrease was expected according to forecasts. The pair has remained in the middle of the 1.3600–1.4000 range since June 2021. Despite the high demand for the US currency, the pound continues to hold its positions against the dollar. The situation with the energy crisis in Europe may put pressure on the pound in the very near future. Yesterday, a major fertilizer manufacturer announced the closure of two plants in the UK. This can be considered the first sign that the record increase in gas and electricity prices may slow down the recovery of the region's economy. At the same time, the company did not give any forecasts about the timing of the resumption of production. The problem is connected with a serious shortage of energy resources in Europe and a record increase in gas and electricity prices. The continent does not have time to fill the storage facilities before the beginning of winter, as flows from leading suppliers from Russia and Norway are still limited. In addition, countries are competing for the supply of liquefied natural gas, while Asia is buying up cargo to meet its own demand. The crisis can lead to serious economic consequences. According to Goldman Sachs, due to a sharp increase in prices, there may be a risk of power outages in the winter. The power outage is likely to lead to an even greater increase in energy prices, increasing concerns about inflation and increasing the costs of enterprises for raw materials.The forecast expects a further decline in the pound/dollar exchange rate to the price values of 1.3760, 1.3730 and ...
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Forex trading. Pound/Dollar GBP/USD forecast for today, Seprember 16, 2021
Forex trading. Pound/Dollar GBP/USD forecast for today, Seprember 16, 2021 The British currency rose against the US dollar to the resistance level of 1.1830.The pound received support from strong inflation data in the UK last month. The consumer price index increased by 3.2% in annual terms and significantly exceeded expectations. Core inflation strengthened to 3.1%, and this indicator also turned out to be higher than forecasts. Consumer prices, along with labor market data, are key indicators for the Bank of England's decision to reduce the volume of purchases of securities. Already, inflation is significantly higher than the Central Bank's target, although the regulator invariably claims that the price increase is temporary. BNP Paribas analysts believe that the US dollar will weaken against currencies with a high beta coefficient. In their opinion, the main beneficiary of this process will be the British pound, since it is predicted that the Bank of England will react much more actively to the economic recovery than the European Central Bank. Already, the pound maintains a strong position against the dollar, and any tightening of monetary policy by the Bank of England will strengthen the position of the national currency.The forecast expects further growth of the pound/dollar exchange rate to the values of 1.1850, 1.1870 and ...
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GBP/USD - Technical analysis of the GBP/USD currency pair for September 15
GBP/USD - Technical analysis of the GBP/USD currency pair for September 15 With the opening of trading in Asia on Wednesday, this currency pair is trading with a decrease in quotations, remaining within the current support level at 1.3734 and the resistance level at 1.3884, where the market chart progresses below the exponential moving averages with a period of 21 and 55 days, demonstrating the loss of initiative by the bulls and the emergence of a downtrend in this market in the short term.On the four-hour chart, the moving averages are turning down, maintaining the divergence, which indicates in favor of strengthening the downtrend in the short term.The technical picture also demonstrates the sellers' advantage, since the MACD histogram entered the area below its central line, and the strength indicator of the current RSI movement fell below the 50 line, confirming the downward potential of this market in the short term.Thus, we intend to sell this trading instrument today.GBP/USD, ...
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Articles about financial markets

Forex trading: understanding the forex market
Forex trading: understanding the forex market The foreign exchange market is better known as Forex or FX. Trading in this market has become very popular in recent years. However, this is not the case - Forex trading raises a number of questions. For example: what is the foreign exchange market? Which currency pairs are best to trade? Is currency trading risky? Some of the answers to these questions will be found in this article.What is the Forex market?The foreign exchange market is also called the Forex market or the English foreign exchange market. It is simply a market where currencies are exchanged. According to the Bank for International Settlements (BIS), the foreign exchange market is the largest market in terms of total volume, with up to USD 5 trillion traded daily. It is not a physical place, but rather an electronic network where institutions or individuals trade with each other.The left-hand currency is called the base currency and the right-hand currency is called the quote currency. The second currency indicates the value relative to 1 unit of the base currency. For instance, the formula EUR/USD = 1.4000 implies that EUR/USD trades at 1.4000, i.e., 1 Euro has a value of $1.40. The first currency is always expressed in the second currency. USD/JPY at 110.50 means that one USD is worth JPY 110.50. EUR/USDWhat are the best currency pairs to trade?The best currency pairs to trade effectively depend on your trading style. If you have a short term strategy, for example, if you like to scalp, then the major currency pairs will be most profitable for you because of the low spreads.On the other hand, for a fundamental trader, smaller currency pairs will be of interest based on long-term analysis. The most profitable currency pairs may be those involving the Australian dollar, Japanese yen or Canadian dollar.The best forex currency pairs:EUR/USD: this pair has the lowest spread and is not very volatile.GBP/USD: this pair is interesting in terms of spreads and possible gaps, but it is quite volatile.USD/JPY: this pair has low spreads and offers some interesting possibilities. GBP/USDHow to get started trading currencies online?To start trading currencies online, follow these steps:- Choose a regulated and reputable broker- Choose a broker by the quality of execution of trading instructions- Decide on the trading style that suits you best (scalping, intraday trading, swing trading - you keep your position open for several days)- Determine the appropriate leverage effect in the stock market according to your strategy and experience.- Do not invest more than you can afford to lose.- Choose an intuitive, simple and secure trading platform such as MetaTrader 4.- Try all the above steps on a demo account, before trading live.GoldIs online currency trading dangerous?Like any financial investment, currency trading online is subject to risks. However, there are different methods to control these risks:- Determine the price of the currency pair at which you want to close a position if developments are unfavourable (for example, if you buy and the price falls, or if you sell and the price rises),- Determine the size of the trade so that your potential loss should not exceed 2-3% of your capital per trade,- Estimate your risk/return ratio (loss/profit) before you open the trade. By default you should have a greater potential for profit than loss, e.g. risk 50 pips, but try to make a profit of e.g. 100 pips.For proper money management and risk reduction it is advisable to start trading on a demo account and try things out on the dirt first. Such an account will allow you to trade in real market conditions, but with fictitious capital, so that you have a complete understanding of the foreign exchange market without any ...
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