Forex signals today monday 16 /5/2022

ForexSignals. Be ready, market is open ! ⏱ Let’s go for a week full of +Pips ✅ Hoping for another great week of trading!! Gold buy now @ 1810 Sl: 1805 Tp1: 1812 gold buy now 1805.41- 1802.41 Enjoy your profits okay , hold with be😎🌊 almost +50pips running ✅🔥 sl1800.00 tp1807.41 tp1810.41 USDCHF sell now @ 1.00263-1.00563 TP 1 : 1.00063 TP 2 : 0.99763 TP 3 : 0.99263 SL : 1.00763 BUY BTCUSD @ 30400 TP1 - 30600 TP2 - 30900 TP3 - 31300 TP4 - 40400 (LONG TERM) SL - 25400 XAUUSD SELL NOW @1809- 1812 sl 1815 tp 1805 tp 1800 tp open SELL USDCAD ENTRY 1.2933 SL 1.3058 TP 1.2913 TP 1.2883 TP 1.2833

Weekly Report 5-15-22

Euro Looking Increasingly Vulnerable, Overall Sentiment to Stabilize after Wild Rides

markets last week, in particular in the across the broad rout in cryptocurrencies. Stocks the tumbled sharp but stage a late come back. Gold and silver resumed recent decline. Yen ended as the best performer, helped by both risk aversion and pull back in benchmark treasury yields. However, overall sentiments seemed to have stabilized with help from Fed's clear communications. Yen could turn into range trading, experiencing counter forces of stabilizing risk sentiment and pull back in yields. Also in the currency markets, Canadian and Dollar were the next strongest. Australian Dollar was the worst performing followed by Kiwi, and then Swiss and Euro. As risk sentiment stabilizes, the decline in Aussie and Kiwi could at least slow, with prospect of stronger recovery. Euro on the other hand, is starting to look increasingly vulnerable. It looks inevitable that Euro will break through 2017 low against Dollar soon. Also the path, there are downside risks in the common currencies in crosses too. EUR/USD Weekly Outlook EUR/USD's down trend resumed last week and hit as low as 1.0348. A temporary low is probably formed, just ahead of 1.0399 key support. Initial bias is turned neutral this week for some consolidations. But outlook will stay bearish as long as 1.0641 resistance holds. Decisive break of 1.0339 will carry larger bearish implication and target 161.8% projection of 1.1494 to 1.0805 from 1.1184 at 1.0069. Nevertheless, break of 1.0641 will indicate short term bottoming and turn bias back to the

A way of winnig huge profits.

Currency exchange is the trading of one currency against another. Professionals refer to this as foreign exchange, but may also use the acronyms Forex or FX. Currency exchange is necessary in numerous circumstances.

Consumers typically come into contact with currency exchange when they travel. They go to a bank or currency exchange bureau to convert their "home currency into , the currency of the country they intend to travel to. They may also purchase goods in a foreign country or via the Internet with their credit card, in which case they will find that the amount they paid in the foreign currency will have been converted to their home currency on their credit card statement. Although each such currency exchange is a relatively small transaction, the aggregate of all such transactions is significant. Businesses typically have to convert currencies when they conduct business outside their home country. They exportin goods to another country and receive payment in the currency of that foreign country, then the payment must often be converted back to the home currency. Similarly, if they have to import goods or services, then businesses will often have to pay in a foreign currency, requiring them to first convert their home currency into the foreign currency. Large companies convert huge amounts of currency each year. The timing of when they convert can have a large affect on their balance sheet and bottom line.Investors and speculators require currency exchange whenever they trade in any foreign investment, be that equities, bonds, bank deposits, or real estate. Investors and speculators also trade currencies directly in order to benefit from movements in the currency exchange markets. Commercial and Investment Banks trade currencies as a service for their commercial banking, deposit and lending customers. These institutions also generally participate in the currency market for hedging and proprietary trading purposes.

Governments and central banks trade currencies to improve trading conditions or to intervene in an attempt to adjust economic or financial imbalances. Although they do not trade for speculative reasons --- they are a non-profit organization --- they often tend to be profitable, since they generally trade on a long-term basis. Currency exchange rates are determined by the currency exchange market.A currency exchange rate is typically given as a pair consisting of a bid price and an ask price. The ask price applies when buying a currency pair and represents what has to be paid in the quote currency to obtain one unit of the base currency. The bid price applies when selling and represents what will be obtained in the quote currency when selling one unit of the base currency. The bid price is always lower than the ask price. Buying the currency pair implies buying the first, base currency and selling (short) an equivalent amount of the second, quote currency (to pay for the base currency). (It is not necessary for the trader to own the quote currency prior to selling, as it is sold short.) A speculator buys a currency pair, if she believes the base currency will go up relative to the quote currency, or equivalently that the corresponding exchange rate will go up. Selling the currency pair implies selling the first, base currency (short), and buying the second, quote currency.

A speculator sells a currency pair, if she believes the base currency will go down relative to the quote currency, or equivalently, that the quote currency will go up relative to the base currency. After buying a currency pair, the trader will have an open position in the currency pair. Right after such a transaction, the value of the position will be close to zero, because the value of the base currency is more or less equal to the value of the equivalent amount of the quote currency. In fact, the value will be slightly negative, because of the spread involved.

Forex News Trading Alchemy from Forex Signals to Consistent Profits

Forex currency trading has been a hot subject lately. Imagine a business with no employees, no customers, and no inventory; with possibility of reaping great profits every single month, week, or day. It is only you, lap-top computer, and your favorite sofa… Attractive? Sure, but the secret ingredient of success is missing in the formula.

It is estimated that only 5% of retail forex traders have consistently profitable currency trading system. It is usually based on deep understanding of economy (fundamental analysis), awareness of the patterns of market reaction on specific economic events (technical analysis), and proprietary set of "tools and instruments". Clearly, you want to jump in to get your feet wet in forex trading, but what if your toolbox is almost empty. One way to start is to follow professional trader guidance. It does not break your wallet to subscribe to quality forex trading signals (for instance, I offer them free), then test their consistency on your training account and finally apply these alerts for live trades. I call this "forex news trading alchemy", loosely referring to the clandestine process of transmuting substances of no or little value into pure gold. Economy news that people watch on TV just to have something to chat with their friends later apparently aren't of great value. The very same news disturb currency market, providing possibilities to make money on the market movements and therefore become remarkably tangible. Training and experience is required to interpret news into the trading terms and the final product of such interpretation is called Forex Trading Alert or Signal. High-quality FX trading signals provide final price projection based on the deviation between prior number, actual number and possible revision combined with support and resistance levels. Timing of the indicator is of crucial importance here as well as the same deviation may have completely different impact on the market. It is advisable to eventually get familiar with these forex technical terms; however generally you can follow the simplified summary explaining optimal trading strategy for this particular news event including entry and exit points and stop loss limit. Following news trading signals is a good way to reap some profits, but more importantly it is extremely beneficial for the general forex trading education. The trader is able to observe elements of fundamental and technical analysis comprised into the signal that pertain to the certain economic situation. Live trade execution teaches various trading strategies besides educators agree that practice is by far the best way to increase the comprehension level and retain the knowledge. After trade follow up with step-by-step scrutiny is simply invaluable.

Remember, your goal is to establish your very own perfect business by making it into the five percent of successful forex traders. If you read this article, that means you already have computer with internet access. The only thing between you and your dream is that illusive secret ingredient of proper currency trading education. Try the alchemy of forex news trading to access that covert element.