Technical Analysis.

[MohammadDaood]

The Central Bank of Nigeria (CBN) on Tuesday opened the foreign exchange market with the injection of another 210 million dollars to sustain liquidity. The Acting Director, Corporate Communications Department, CBN, Mr Isaac Okorafor in a statement, said 100 million dollars was offered to the wholesale segment, while the Small and Medium Enterprises (SMEs) segment got an allocation of 55 million dollars.

Read more at: https://www.vanguardngr.com/2017/12/...s-market-210m/

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Final Words
Forex trading can be the beginning of a great career, but make sure you do your research first. There are many pros and cons, just like with any other financial career. You have to be willing to take risks and willing to make an investment in your learning. Make sure to begin trading with the kind that works for you.

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[Abniali05]

For there is a lot of importance and massive value of technical analysis i completely following the technical
Analysis every day by some one special and only follow analysis of rare expert not of everyone...........

[MohammadDaood]

While we await the US jobs report this Friday, it was a familiar mood and forex today was good for dollar bulls, +0.16% in the DXY at 93.32 at the time of writing while US short-term yields pushed higher again with the ten years benchmark currently at 2.3723% -0.75% within a range of between 2.3509% and 2.3937% after a close of 2.3545% on Monday.

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DOLLAR INDEX, USDX
The US Dollar Index (USDX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of US trade partners' currencies.
These currencies are the Euro (constituting 57.6% of the weighting), Japanese Yen (13.6%), British Pound (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%) and Swiss Franc (3.6%).

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DOLLAR INDEX, USDX
The US Dollar Index (USDX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of US trade partners' currencies.
These currencies are the Euro (constituting 57.6% of the weighting), Japanese Yen (13.6%), British Pound (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%) and Swiss Franc (3.6%).

The index started in 1973 with a base of 100.000, and values since then are relative to this base. For example, if the current reading says 99.800, this means that the dollar has fallen 0.2% since the start of the index (99.800 - 100.000).

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After a brief consolidative stint near the midpoint of 1.18 handle, the EUR/USD pair broke to the downside amid resurgent USD demand across the board, now looking to test the 1.1800 mark.

EUR/USD targets 50-DMA support of 1.1759

The main currency pair failed to chew the offers lined up near 1.1850 levels and dropped sharply, as a comeback staged by the US dollar against its main competitors offset the optimism seen around the Euro, following the release of upbeat German factory orders data.

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EUR/USD Technical Levels

Karen Jones, Analyst at Commerzbank, noted: “EUR/USD remains below the 78.6% retracement at 1.1976 and is consolidating below here. A close below 1.1768 55 day ma and preferably below 1.1712 the recent low is needed to alleviate immediate upside pressure. The intraday Elliott wave counts remain neutral. The Fibonacci retracement at 1.1976 is regarded as the last defense for the 1.2092 September high. Below the 55 day ma alleviates upside pressure – below 1.1712 the 21st November low should negate upside pressure and allow for slippage back to the 1.1553 7th November low”.

[MohammadDaood]

Forex today saw a further bid in the greenback following Saturday�s US Senate tax reform plan passage that underpinned the upside in shorter-term US yields and US stocks, (until the close that is).

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Underpinning the dollar was the divergence between central bank expectations this month with the Fed around the corner, 12/13 December. However, we now enter a 1-week blackout period as we await the Senate to vote on the nomination of Jerome Powell as Fed Chair on Tuesday.

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Forex tends to be a financial topic that seems appealing but out of reach for many.

Why?

Unless you travel in certain financial circles, then you don't really hear much about it or the experiences of many people who actually utilize it successfully to make money.

[fxearner]

forex ke business me kaam karne ke liye trader ko esme technical analysis karna bahut he jaroori hai,esme trader jetna jada market ko samajhleta hai wo esme utna he acha kar sakta hai,esme trader ko pehle charts par focus karte hue usmein sabb samajhna chahiye aur fir indicators ko khud usme upload karke uska movement aana chahiye uske baad he wo esme acha kaam kar sakenga.

[incomejobs]

Forex trading technical analysis karna bahut important head technical analysis main numerical analysis and classical analyses Bhi Aa Jaate Hain. This is a signal code Delhi follow karna padta hai.forex mein phir he achi earning hoti hai

[oray]

The analysis is most important to me. its part of forex trading.i follow not only technical analysis
but also follow fundus analysis. Because, many relationships in the analysis between technical analysis
and fundus analysis. I am trying to figure out market trends with analysis. Technical analysis
helped me to know the trend of price action and fund fund analysis helped me to know the obvious trend.
becarfull

Technical analysis is close to mathematical theory, it is very interesting if we like the practice of logic,
besides technical analysis also helps us study the market spycology with candlestick before predicting where the price will move.
thank

[kuya]

There are some merchants who trade only with technical analysis .. I saw one of them and he came from Thailand ..
he told me that he never used fundamental analysis about his trade .. but it is true he is a good trader both now ..
Sometimes you can master fundamental analysis only by technique ..
best regard

The analysis is most important to me. its part of forex trading.i follow not only technical analysis
but also follow fundus analysis. Because, many relationships in the analysis between technical analysis
and fundus analysis. I am trying to figure out market trends with analysis. Technical analysis
helped me to know the trend of price action and fund fund analysis helped me to know the obvious trend.
becarfull

[sangkur]

I use technical analysis through what I found in India forums and Insta Forex locations,
as well as recommendations I found when experts in foreign exchange trading. It was also found
that technical analysis is very important in the field of investment in cash. I hope the Forum
members provide graphic arts analysis with graphics until it is clear to us more
best regard

There are some merchants who trade only with technical analysis .. I saw one of them and he came from Thailand ..
he told me that he never used fundamental analysis about his trade .. but it is true he is a good trader both now ..
Sometimes you can master fundamental analysis only by technique ..
best regard

[batool]

Forex Trading main Trader ko technical analysis karna aor Trading market main daily market kay signals ko mallom kar kay Trading karna hay aor Trader ko market main thek indicators ky learning karna aor market main thek tarah say market ky strong signals ko Trading main use karna Trader kay liay profitable hoty hain