FXOpen Trader

I have been doing my trading in the Forex markets with the International Broker FXOpen Markets They are a True ECN Forex Brokers.

We will need to make use of a correct trading strategy so that the income will start coming to us in the trading.

EUR/USD Remains At Risk, USD/CHF Eyes Larger Increase EUR/USD declined heavily below 1.1900 and it tested 1.1770. USD/CHF is rising and it could gain momentum if it manages to clear the 0.9200 resistance. Important Takeaways for EUR/USD and USD/CHF The Euro started a fresh decline from well above the 1.1900 zone against the US Dollar. There was a break below a major contracting triangle with support near 1.1855 on the hourly chart of EUR/USD. USD/CHF started a fresh increase after it found support near 0.9123. There was a break above a key bearish trend line with resistance near 0.9168 on the hourly chart. EUR/USD Technical Analysis The Euro struggled to gain pace above the 1.1900 level and it started a major decline against the US Dollar. As a result, the EUR/USD pair broke the 1.1850 support zone to move into a bearish zone. The pair even declined below the 1.1820 support zone and settled below the 50 hourly simple moving average. There was also a break below a major contracting triangle with support near 1.1855 on the hourly chart of EUR/USD. A low was formed near 1.1772 on FXOpen and the pair is now consolidating losses. An immediate resistance on the upside is near the 1.1795 level. It is near the 23.6% Fib retracement level of the recent drop from the 1.1875 high to 1.1772 low. If there is an upside break above the 1.1800 resistance zone, the price could recover steadily towards the 1.1825 resistance zone. The 50% Fib retracement level of the recent drop from the 1.1875 high to 1.1772 low is also near 1.1825. Any more gains might call for a test of 1.1850. On the downside, there is a major support forming near the 1.1770 zone. A downside break below the 1.1770 support could start another decline. The next major support could be near the 1.1710 level. Read Full on FXOpen Company Blog...

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I started trading in the Forex markets in the Year 2010 with the International and Reputed Broker FXOpen Markets

I have been doing my trading with the International and Reputed Broker FXOpen Markets

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I have been doing my trading with the International and Reputed Forex Broker FXOpen Markets They are a True ECN Forex Brokers.

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I have been doing my trading in the Forex markets with the International Broker FXOpen Markets

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I have been doing my trading with the International and Reputed Broker FXOpen Markets