Try Fibonacci Fan Tool!!!

[jahanzaib1]

NEW YORK, Dec 7 (Reuters) - The dollar rose to a two-week
high against a basket of currencies on Thursday, recovering
losses against the yen, on stronger risk appetite across markets
and on optimism the United States will successfully push through
a tax reform program.

[jahanzaib1]

The Labor Department said Friday, U.S. non-farm payrolls rose by 228,000 jobs in November, as the post-hurricane recovery in the labor market continued. That beat economists� forecasts for 200,000 new jobs.

Wage growth, however, undershot expectations rising just 0.2% compared to expectations for a 0.3% increase, while wage growth in the previous month was revised downwards dropping to 0.1%

[jahanzaib1]

As for the currencies, EUR/USD was better offered throughout the day on the back of lower Bund yields falling below support with euro to 1.1780 the low from 1.1840 the high. The yen was sideways between 111.99 and 112.64 while cable made recovery attempts from 1.3358 the low to 1.3448 the high after the UK appears to be failing to get an Irish border agreement and PM May remains under pressure to squeeze through a deal in the divorce package before next week.

[jahanzaib1]

The peso has emerged as the worst performing currency in Asia this year, depreciating 1.9 percent against the US dollar due to rising geopolitical tension between the US and North Korea, the normalization path taken by the US Federal Reserve, the country’s expected current account (CA) deficit arising from strong imports, among others.

The BSP has allowed the moderate and ****ual depreciation of the peso against the dollar as part of its mandate to smoothen the volatility in the foreign exchange market and to support the expanding economy.

The peso continues to trade within the 50 to $1 level after recovering from the 51 to $1 level last month.

[jahanzaib1]

The USD/CHF pair has expanded the consolidation range upwards. Possibly, today the price may form another consolidation range around 0.9954. If later the instrument breaks this range to the upside, the market may grow towards 1.0000; if to the downside – start another correction to reach 0.9900.

[jahanzaib1]

While there's been a fall in transactions on Forex, still, they continue to attract a large user base. Today we'll talk about why that is: the appeal of Forex, risks and types of trading accounts

[jahanzaib1]

The dollar is getting a lift from the U.S. tax-reform optimism and expectations of more interest rate increases, but we have to see inflation prints come higher before market expectations start to shift,� said Commerzbank AG currency strategist Thu Lan Nguyen.

[himaa]

I think that the fonchi is an advanced tool that should be well trained, especially fan mode, because I think that the months are used as levels of support and resistance and so on, the practical training on the tool and learn how to win the deals through it to be a monotonous and not a large number of deals and see if these The tool is suitable for the market at this time or not

[shahroz156]

can you explain how do I pull the fan? How many degrees to make the fan? and how do I work this? fibo retrace
I hope your friend once with an explanation.[COLOR="Silver"]

Try Fibonacci Fan Tool!

Fibonacci retracements, extensions, arcs, and fans are tools that may be familiar make easy generate support and resistance levels. These tools ought to be utilized in conjunction with other trading tools whether or not they are elementary read or another technical analysis indicator like drive or trend following studies.

[fxearner]

Bhai agar jo aapko tools ke bare mein maloom nahi hai to main to samjhata hoon ki aapko learn karna hoga bhai, agar tools ki sahi jaankari ho jaye to tab humare ko trading karne mein koi bhi dikkat nahi hoti hai bhai.

hanji forex trader ko esme tools ka ache se samajh aana bahut he jaroori hai,esme trader jetna jada ess par practice karleta hai usko pata rehta hai market me kaise kaam karna hai,esme trader ko apne se market me analysis aana chahiye,esme tradr ko demo account par he har tool ka kaise use karna hai eska pata karlena chahiye fir uske baad he wo esme ache se kaam kar sakenga.