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  1. TraderNovo

    USD is back on tracks, correction is on

    The EURUSD pair ended last week below 1.1356 level, to confirm the turn of the intraday and short term trading to the downside, and as we mentioned in our last technical update, the price will head towards 1.1196 areas as a next main station. Stochastic positivity might push the price to retest...
  2. TraderNovo

    Will GOLD continue the move? NZD/USD bearish prediction || Market analysis

    Gold Gold price bounced bullishly yesterday after testing 1227.40 level, which supports the continuation of the positive scenario in the upcoming period, but the price is facing solid resistance formed by the EMA50 at 1240.85 that blocks the continuation of the bullish bias, especially that...
  3. TraderNovo

    ECB Negative interest rates are hurting the market

    The stock markets are preparing for an up-movement with the expected reduction in European rates on Thursday the 10th. Looser monetary policy usually sparks a stock market uptrend but in the long term it does the opposite, according to J.P. Morgan Chase analysts. J.P. Morgan in a new report...
  4. TraderNovo

    NZD/USD AND GOLD WITH BULLISH ANALYSIS

    TraderNovo analysis team: The NZDUSD pair managed to return to trade above the bullish channel’s support that appears on chart, which reinforces the expectations of continuing the bullish trend on the short term basis, as the price approaches from our main waited target at 0.6860. Therefore...
  5. TraderNovo

    What kind of problems do you have with your forex broker?

    None of the honest brokers should have inactivity fee.
  6. TraderNovo

    Tips for being a Successful Forex Trader

    Great article! Another important factor is to have a good money management strategy, so whenever you have a successful trade its outcome will be bigger than a losing trade.
  7. TraderNovo

    TraderNovo Market Analysis

    Today's analysis by TraderNovo's analysis team: The EURUSD pair continues to fluctuate in sideways track below 1.0890 level, while stochastic begins to hit the overbought levels, therefore, the chances available for resuming the bearish bias in the upcoming sessions, especially that the EMA50...
  8. TraderNovo

    Market moving up? No reason yet to celebrate

    We don’t want to kill the vibe, but in order to claim latest market movements up are solid, we have to have more confirmation in the near future. In the past 2 weeks the DOW30 recover 7.2% after falling 13.1% between December 15 to end of January 16. The S&P recover 8.6% after dropping 11.9% in...
  9. TraderNovo

    need information

    Hey Marry, The best way to find out is with a demo account. if they allowed demo testing, make sure to test it for couple of months before trading in your real money. hope that helps.
  10. TraderNovo

    Where to begin Forex. I have only Basic Idea about currency trading

    Hey Lokky, Forex trading can be a career opportunity or just an option for having extra cash. however, it requires a lot of attention to details and a trader must be educate and to have a specific strategy before jumping on to real money account. start with learning technical analysis basics...