Forex Trade Signals

ForexInfo24.com Provide Forex Trade Signals: Here All Forex Trade Signals information are regularly updated. Click “All Forex Market Analysis” to view more details of brokers.

  • Oil is testing support – FBS

    Forex Analysis: The recovery of WTI last week met resistance in the 54.60 area. The price formed a gap down on the mounting fears about the coronavirus. The spread of the disease may affect the commodity as the demand for it may decline because of the travelling bans. The decline below the support at 51.55 ...
  • GOLD: rising during a disaster – FBS

    Time to worry: Simply put, things are getting worse. The virus keeps spreading, people keep dying, the Chinese economy is close to partial paralysis, the global market is scared. Amidst all this, gold keeps rising in value. In fact, it just woke up for the crisis alert. Have a look at an interesting dynamic visible at ...
  • Levels to trade USD/MXN – FBS

    The volatility in USD/MXN has jumped. The pair is correcting up within the downtrend, which has been in place since September. On Thursday, the price closed above 18.78 (50-day MA). The targets for the correction lie in the 19.015/038 area (100-day MA, the presumed point D of a harmonic “Crab” pattern). Notice, however, that buying ...
  • Forex Trade Signals GBP/USD Tests The Downside -FBS

    GBP/USD had been rejected down from the 200-week MA in the 1.3033 area. Then it fell below the 100-week line at 1.2950. On Wednesday, the pair closed below the 200-day MA (currently at 1.2936). As long as it is trading below this level, the technical picture will remain bearish. There may be some support at ...
  • Trade Signals: NZD/USD: a short-term idea – FBS

    Forex Analysis – NZD/USD has once again found support in the 0.6830 area. The price action on the H1 chart strongly resembles an inverted “Head and Shoulders” pattern. The advance above the neckline at 0.6400 will open the way up to the 0.6415/20 area, where it will once again meet resistance. This is where it ...
  • GOLD: up to $1,600? – FBS

    Key indicators: Performance in 2020: +4.6%, Last day range: $1,578 – $1,584, 52-week range: $1,265 – $1,612 Will gold rise back to $1,600? Gold trades at $1,585 per ounce – that’s almost as high as it was at the beginning of February, when the unfolding story of the Coronavirus was at the peak level of tension. Today, even with ...
  • How to trade WTI oil – FBS

    WTI oil has reached our previous targets. On the W1, a big bullish candlestick engulfed the previous bearish one. If the price rises above 52.35, it will likely push up to 53.00 (23.6% Fibonacci retracement of the 2020 decline). The Awesome Oscillator on the D1 is bullish. On the H4, the price has managed to overcome ...
  • Forex Market Analysis: EUR/NZD: where to sell? – FBS

    EUR/NZD formed a “hanging man” pattern on the W1 and went down to trade below the 100- and 50-week MAs. The decline of the pair was caused by the weakness of the EUR because of the euro area’s low economic figures and the strength of the NZD after the policy meeting of the Reserve Bank of New Zealand. ...
  • Forex Analysis: WTI wants to recover – FBS

    WTI oil has found support in the 49.35 area for the second time this February. As concerns about the coronavirus ease, oil got a chance to recover. The price is currently testing the resistance of 50.80 (the area of the 2019 lows and the 50-period MA on the H4). The Awesome Oscillator on the H4 ...
  • AUD/CHF: levels to trade – FBS

    AUD/CHF formed a higher low on the H1. The pair may be forming something like a “Crab” harmonic pattern. It has support around 0.6543 and may rise to the area between 0.6572 and 0.6582, where it will meet resistance (100-period MA on the H4, the line connecting January 29 and February highs). From that point, the possibility ...
  • NZD/USD is targeting lower levels – FBS

    NZD/USD has met the resistance of the 200-day MA earlier this week (0.6500) and closed below the 100-day MA (0.6460) on Thursday. The pair resumed the downtrend as it got to the lowest levels since the start of December. The odds are that the price will be drawn to lower levels in the 0.6415/00 area ...
  • AUD/USD is driven by the news – FBS

    The Australian dollar will be quite volatile in the upcoming sessions. The near-term pressure on the Australian currency is related to worse-than-expected retail sales and trade balance figures released in Australia on Thursday. Earlier this week, comments of country’s central bank, on the contrary, had pushed AUD/USD up from the 2019 lows. The RBA Governor ...
  • EUR/GBP can get higher -FBS

    Forex Analysis – The British pound is hurt by concerns that Britain would reach the end of an 11-month transition period without agreeing a trade deal with the EU. EUR/GBP formed an interim bottom in the 0.8930 area and closed above the 50-day MA at 0.8490 on Monday. If the pair breaks above the 61.8% ...
  • EUR/NZD Has A Lot Of Potential – FBS

    Last week EUR/NZD made a triumphant comeback to the upside. The pair rose above the 50- and 100-week MAs in the 1.7000/7025 area. It retraced 50% Fibonacci of the October-December decline (1.7160). This level is currently providing resistance: to resume growth, the euro has to overcome this obstacle. Of that happens, the next target will ...