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The Forex Market can often seem confusing, especially to a newbie trader. I remember when I first started trading, I looked at the charts and just couldn't see any definitive structure, the candlesticks were [...]
In my opinion Support and Resistance is one the main components to successful trading. Support and Resistance areas, are those areas on the chart where there are potentially a large number of Buyers (Support) [...]
EUR/USD The EUR/USD has broken through our Resistance Area (1.1450) and retraced to use the same area as Support. There does seem to be strong bearish sentiment at the moment, especially with the emergence [...]
EUR/USD The EUR/USD is currently in between our support (1.1180) and resistance (1.1315) areas, we expect price to continue its move down to support at which point we will look for indecision and a possible [...]