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Amartya Sen – 1998 Nobel Prize of Economics

September 26, 2012

Amartya Sen ( অমর্ত্য সেন ) is one of the most Famous Indian economists… Read More at NewOnForex.com

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Forex Tips, News and Analysis

July 15, 2012

Forex tips, news andd analysis at: newonforex.com

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GBP/USD going up in correction?

June 3, 2012

When you look at the daily chart of GBP/USD  you can see that it tested the significant support at 1.5278 and rebounded, forming asymmetrical triangle. Read more

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Forex: Technical analysis VS Fundamental analysis

June 3, 2012

Many traders wonder how to analyze the market – via the chart or via the news and events, many traders think that the news lead the movement of the price… But our opinion(and not only ours) is that the influence of the major events is not as big as you think. Trader’s Sentiment is what moves the price up or down. And you can see the sentiment of the traders at the chart. Most of the time the bad news are coming as a result of the previous downtrend movement and the good news are coming as a result of the previous uptrend movement. Read More

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AUD/NZD Weekly Elliott Wave Analysis

May 21, 2012

When you look at the weekly chart of AUD/NZD you can see that since August 2008 till now it perfectly formed uptrend Elliott Wave movement. It also formed Symmetrical Triangle. This can give us the signal that the price more likely will break the resistance levels at 1.3050 and 1.3270 and will target the strong resistance at 1.3720. So we recommend you to open long positions if it breaks the resistance at 1.3050. You decide where to put your stop loss!

Good luck!