Forex Tips and Forecast

Post on: 24 Август, 2015 No Comment

At Forex4you, we want you to succeed with your forex strategy. Our experts give you the most accurate and up-to-date market data, and back this up with expert analysis and forex tips. When you open a Forex4you account, you get the following valuable information:

Currency rate forecasts – prepared by our expert analysts several times a day
Comprehensive analysis of forex market trends
Short-term forex tips
Long-term forex trading recommendations
Valuable hints on forex trading techniques

Rely us for the latest forex market tips, news, trends and insights. Start building your forex strategy today!

Forecasting the market

There are four main ways of forecasting the market and building your forex strategy:

Fundamental analysis
Technical analysis
Wave analysis
Complex analysis

Here, we’re going to take a closer look at the first two of these: fundamental analysis and technical analysis.

Fundamental analysis

The forex market is affected by real-world political and economic events, just like any market. Here are some simple examples:

A country’s currency is likely to drop if traders think it might default on its debt
Raising interest rates makes a currency more attractive to investors – lifting the price
Exposure to risk – such as an imminent bank failure – can reduce the value of a currency

Fundamental forex analysis is when you track these factors, analyse their impact and make currency rate predictions. You can then use the results as part of your forex strategy.

In practice, much more subtle forces can affect the value of a currency. To make things more complicated, events also interact with each other; the effect depends on the circumstances. Our financial specialists use their practical forex experience and financial acumen to predict the impact of these complicated trends on currency rates, and give you the results to use in your forex strategy!

Get free fundamental analysis and forex tips from Forex4you.

Technical analysis

The forex market is not just driven by world events and major economic trends. The market is made up of people, and these people respond to the behaviour of the market itself. Market movement depends on human psychology; if you can predict what people will do, you can make money.

Here’s a simple example:

The market drops a small amount
People who are affected rush to sell
The market drops further because people are selling
More people rush to sell and the slide continues
Other investors start buying as the price becomes attractive
The market goes up again

Technical analysis uses detailed market data to predict these trends. Different technical indicators are calculated and plotted over time to give a view of market behaviour. These charts contain signals that indicate if the price is likely to go up or down, which you can use to decide when to buy or sell.

Become a Forex4you client, and use our technical analysis tools to maximise your chances of success:

Our forex experts produce daily technical analysis and forex tips – free of charge
Use our MetaTrader 4 trading platform to carry out your own analyses

For more information about technical analysis and indicators read on Technical indicator page.

Forex strategy

Join Forex4you and develop your own forex strategy!

A forex strategy is a set of well-defined rules that tell you when to buy or sell currencies. This includes fundamental and technical analysis, but there’s much more to forex strategy than that. You need to take into account your own temperament and your own strategy:

Conservative or aggressive
Comfort with risk
Patience
Narrow or wide focus
The way you react to situations

Developing a forex strategy can take a while when you’re a beginner, and you won’t become an experienced trader overnight. We understand this, and have created our Cent Account to help you develop your forex strategy. With a Cent Account, you can do the following: