Forex trades are impressive when done right. But different currencies fluctuate daily; tracking their progress and predicting how they will change in the future can be pretty challenging for the inexperienced.   Those who made huge forex trades – and…

EUR/USD: bearish breakout   Williams Alligator bearish; MACD bearish; Awesome Oscillator bearish.   The EUR/USD currency pair breached the bottom band of the recent sideways range on Friday, and accelerated the plunge on Monday. At the time of writing, the…

USD/ZAR: bullish recovery   Bollinger Bands bullish; ADX and DI mixed; RSI bullish.   The USD/ZAR currency pair is recovering previous losses. The four-hour chart setup below suggests a deeper bullish retracement as the price performed a bullish breakthrough, coming…

GBP/USD: bearish breakout   Bollinger Bands bearish; ADX and DI bearish; RSI bearish.   The British Pound is losing the round versus the US dollar on Friday. The GBP/USD currency pair was hovering inside a tight sideways range (see the…