Forex Technical News

EUR/USD

After a strong rally over the last few days, the pair is finally seeing some downward correction with some room for the trend to continue. Looking at the daily chart, a breach of the upper Bollinger Band is evident with the RSI for the pair floating in the overbought territory. A bearish cross is evident on the 4 hour and 8 hour chart's Slow Stochastic. Going short with tight stops may be preferred for the day.

GBP/USD

The pair is currently range trading between 1.5630 and 1.5690 with most indicators in neutral territory. The RSI for the pair floats near the overbought territory on the 4 hour and daily chart indicating some downward movement may still be expected from the pair. Going short with tight stops for the day may be advised.

USD/JPY

After a strong downward move some correction may be expected for the pair as the RSI is floating in the oversold territory on the 4 hour and 8 hour charts and a bullish cross is evident on the 8 hour chart's Slow Stochastic. Going long for the day may be a good option.

USD/CHF

A breach of the lower Bollinger Band is evident on the daily chart with the RSI for the pair floating in the oversold territory on the 8, 4 and 2 hour charts. Furthermore, a bullish cross is evident on the 8 hour chart's Slow Stochastic. Going long with tight stops may be advised for the day.

AUD/CAD

After a long bullish run, some correction may be in store for the pair. A bearish cross is evident on the daily chart's Slow Stochastic with the RSI for the pair floating in the overbought territory on the 4 hour, 8 hour and daily charts. Moreover, a breach of the upper Bollinger Band can be seen on the daily chart, indicating an imminent downward move. Forex traders are advised to go short for the day.

Why to trade on Forex The Reason?

There are Many reasons to Trade on Forex but here below i will tell you about some of them :

1. There is no commission fee for trading at Forex.

2. There is no intermediary, you can trade directly at Forex.

3. Forex is open 24-hours a day.

4. Nobody can influence the market for a longer period.

5. High liquidity.

6. Free demo accounts, analysis and charts.

7. Small accounts that allow everyone to try out his luck.

Hope this has answered a lot of questions you were asking yourself about Forex and that you can now start trading. Also make sure that you check out other articles on this blog which can help you earn your fortune.

Good luck to everyone!

How to generate lots of Traffic for your Blog/Website

You have to know that  the  keywords are not the only thing that will generate lots of traffic for your website. With using different techniques and using right combination of key words that will put a lot of money in your bank account. Before you can start generating lots of traffic you have to understand the raw nature of keywords  because they are practically the root of everything you will do. As you know  when you visit the  Google and type in what it is you are looking for  all of the results that you see on the very top in the very right of the search engine are placements that people pay money to be there.


When you are identifying keywords that have a lot of exposure that will delivery you more traffic
than you think is possible to come out  from search engines.
You have to know that there are two types of keywords.
1. Short-Tail Keywords.
2. Long-Tail Keywords.


Short-Tail Keywords are ones that are usually one word and very broad.
Long-tail keywords are ones that are usually multiple words and very specific.


Many people do not take the time to put together a list of long-tail keywords to promote their
product or service.This is definitely tragic, because long-tail keywords do take time, however
they can generate you more highly targeted and qualified customers and short-tail keywords
would ever do. You can generate a lot of traffic with short-tail keywords, but in the end you will
probably be losing money because they are not anywhere near as targeted as long tail keywords.