CSFX Market News | Global Market Update

  EURUSD TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, EURUSD is trading in a down channel. EURUSD is currently trading below all SMA. RSI is in the selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness. Its immediate support is 0.96500 the resistance level is at 0.97000 EURUSD will trade in a down channel until there is a trend reversal. EURUSD TECHNICAL ANALYSIS: DAILY CHART Click here to Full report Read More Report Here

  EURSEK TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, EURSEK is trading in an up channel. EURSEK is currently trading above all SMA. RSI is in over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness. Its immediate support is 10.5471 & the resistance level is at 10.6714. EURSEK will trade in the up channel until there is trend reversal. EURSEK TECHNICAL ANALYSIS: DAILY CHART Read Full Report - Click Here

  EURCHF TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, EURCHF is trading in an upward channel. It is trading above MA (20) but below MA (50) and MA (100). RSI is in buying zone which indicates bullishness. MACD is currently trading below zero which indicates bearishness. The immediate support is at 1.02268 and the resistance level is at 1.05095 EURCHF is trading in an upward channel until there is a trend reversal. EURCHF TECHNICAL ANALYSIS: DAILY CHART CLICK HERE FOR FUL L REPORT

  GBPCHF TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, GBPCHF is trading in a downward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness. The immediate support is at 1.19564 and the resistance level is at 1.23186 GBPCHF is trading in a downward channel until there is a trend reversal. GBPCHF TECHNICAL ANALYSIS: DAILY CHART For more info click here

  Choosing a Forex Broker As with any other market, there are several  forex brokers  to select from. Here are a few things to look out for: Get the resources you require to succeed! Comprehensive research and tools Forex brokers, like brokers in other markets, provide their clients with a variety of trading platforms. Real-time charting, technical analysis tools, real-time news and data, and even support for trading algorithms are common features of these trading platforms. Request free trials to evaluate several trading platforms before committing to a broker. Technical and fundamental data, economic calendars, and other studies are typically provided by brokers. Leverage your bets!  A variety of leverage options Because the price variances (profit sources) in forex are only fractions of a penny, leverage is required. The amount of money a broker will lend you for trading is stated as a ratio between total capital available and real capital. A 100:1 ratio, for exam...