Forex technical analysis

Find below top down forex technical analysis exclusively using supply and demand imbalances together with price action.
Bear in mind that a top down technical analysis is needed to make a trading decision, a single timeframe is not enough to place a trade. There are not signals, they are meant to point out strong imbalances usually in a clear trending market.

FX latest analysis today

8th December 2020

JPY to USD forecast December 2020

As explained in a previous long-term supply and demand analysis for JPY to USD forecast, we were expecting and waiting for new demand imbalances to be created before we thought of going long on USD JPY. Price action is showing us a very strong impulse that ended up creating a demand level around 100.75. USD […]
4th November 2020
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Trading Forex and Stocks during the US Elections 2020. The power of supply and demand imbalances

The outcome of the US presidential election 2020 is on a knife-edge, with Donald Trump and his rival Joe Biden neck and neck in key swing states. As a Forex or Stock traders, you will probably be scared by the high volatility of the markets during the elections. As a supply and demand trader, you […]
20th October 2020
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NZDUSD analysis Forex October 2020

Will the NZD (New Zealand Dollar) get stronger in 2020? It’s very unlikely. As supply and demand traders we do not need to pay attention to fundamentals to do NZDUSD analysis. However, If we were to believe major bank New Zealand Dollar forecasts, the NZDUSD will remain around 67 US cents to the NZ Dollar. […]
14th October 2020
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EURUSD and Dollar Index analysis 2020

EURUSD and Dollar Index analysis 2020 updates. As explained in previous EURUSD and Dollar Index #DXY analyses, we are expecting a bigger correction on EURUSD and Dollar Index after such strong impulses. Going long on EURUSD and short on Dollar Index is not a good idea given the strength of the bullish impulse on EURUSD and the bearish impulse […]
14th October 2020
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Activision Blizzard stock forecast for 2020

Below is Activision Blizzard stock forecast for 2020. Activision Blizzard stock #ATVI has created a very strong imbalance around $59 per share. The stock might continue to rally and break all-time-high again. This is a long-term analysis for this stock and could be used for short-term stock trading and intraday stock trading. It might take […]
1st October 2020
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There is no magic formula to become a profitable trader

There is no magic formula or an obscure recipe that you can cook and turn you into a profitable trader. When going over your watchlist, you may have realized specific patterns that repeat themselves over and over.  Maybe you haven’t realized yet but being proficient at reading price action and the numerous candlestick patterns can […]

Forex technical analysis is as hated and as loved by Forex traders. Those traders trading Forex fundamental analysis will be against using technical analysis because they believe everything in Forex is about fundamentals.

However, there is a big number of traders that use technical analysis and price action to trade the the Forex currency market.

Traditionally, Forex technical analysis has been the study of historical market data, including price and volume, while at the same time using tools like trendlines and support and resistance levels to help you trade with the support of as many indicators as possible.

Forex technical analysis hasn’t always been used in the past, most traders used to trade fundamental analysis of the Forex cross pairs they had in their watchlist or portfolio.

As supply and demand traders we also have to use technical analysis, it’s the core of what we do because trendlines and the strength of price action will indicate us potential huge imbalances where we want to place our trades on Forex.

However, we do not need to take into consideration volume or fundamental analysis in our technical analysis, because price action alone will tell us all we need to do.

Price action is alone is not enough, we must the price action into context since context is everything. Forex fundamentals are usually priced in price action technical analysis.

If your want to learn to trade forex you can visit our forex trading for beginners page.

Forex chart analysis

Trading Forex without looking at a chart or doing a top down chart analysis is like driving a car at night without the lights on. We need to pay very close attention to what price action and chart analysis is telling us, price action is the only non-lagging indicator, it’s very important to make a trading decision in Forex.

Price action and supply and demand go hand in hand because every single Forex imbalance is made of price action, candlesticks or bars if you are using the latter. Dozens of Forex charts analysis and potential trade setups are available in the set and forget trading community. We go over dozens of scenarios every week in our daily and weekly updates so you don’t have to do the hard work of locating those potential imbalances and trade opportunities.

Forex trading analysis

A top down trading analysis is needed to make a trading decision in the Forex market. A single timeframe analysis is not enough to make a high probably a trading decision. Your Forex analysis will be lacking a very important piece of the puzzle, multiple timeframe trading analysis.

Forex market analysis

Multiple timeframe Forex market analysis is needed to make a trading decision in the Forex market. A single timeframe analysis is not enough to make a high probably a trading decision. Your Forex market analysis will be lacking a very important piece of the puzzle, multiple timeframe trading analysis.

FX daily analysis and prediction

We can use technical analysis together with supply and demand to trade and predict future moves in our FX daily analysis. We should not be talking about Forex FX daily analysis and prediction, it sounds as if we were talking about astrology. However using a supply and demand trading strategy will help us make a FX market prediction with a high degree of accuracy.

Forex technical indicators

The goal of any Forex trader or investor is to make as much profit as possible trading Forex. To achieve this, traders go long or short on certain Forex currency pairs, including EURUSD, GBPUSD, NZDUSD and the like. For day traders, profits are derived from the most liquid Forex cross pairs using technical indicators.

Technical indicators are very popular amongst Forex traders, however we do not really need them if we use supply and demand imbalances to place our trades on Forex.

Top down analysis fx

A top down analysis in the FX market analysis is needed to make a trading decision. A single timeframe analysis is not enough to make a high probably a trading decision. Your FX market analysis will be lacking a very important piece of the puzzle, multiple timeframe trading analysis.

Fundamental analysis forex

As supply and demand traders we do not need to take into consideration fundamental analysis. Unless you are doing intraday or scalping Forex cross pairs, fundamental analysis is usually priced in the Forex charts.

     
 

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