The Scandinavian Report

Recent Posts

How Much Money To Start Forex Trading

Posted by SCM Support Team on 09-May-2018 12:59:13

Are you looking to start forex trading? Would you like to know how much money you need to start forex trading? If so, we can tell you that you can start trading forex with as little investment as you can. Forex trading can even be started without investing a single penny. Today, we will be discussing some types of forex accounts that you can open to start forex trading as per your convenience. Before we go into the details, we would like you to have some basic understanding about the forex market.

Read More

Topics: education

How To Start Forex Trading From Home

Posted by SCM Support Team on 30-Apr-2018 09:06:27

If you plan to make quick money with forex trading, then you need to be aware of certain facts before you start trading Forex. The world of Forex is a whole new dimension of complex financial transactions. Hundreds of financial myths are considered as a part of this industry. It requires you to be extra smart in order to survive. But don’t worry, once you become familiar with some of the basics of Forex trading, everything else starts working in favor of you. Let us mention some important points that may help you to figure out how to start Forex trading from home.

Read More

Topics: free forex signals, education

Daily Forex Analysis April 09, 2018.

Posted by ForexAnalytix on 09-Apr-2018 09:22:43

The USDMXN posted a white candle on the daily and a hammer on the weekly chart. The pair is attempting to rebound higher. 

Read More

Daily Forex Analytics March 6, 2018.

Posted by ForexAnalytix on 06-Apr-2018 10:17:30

USDCAD posted a top for wave 3 at the 1.3122 level from where strong reaction lower confirms that pair is in wave 4 pullback, but we see it already in wave c of four now so support may not be far away. Ideally there will be a new turn up from current 1.2800 level. Rise and break above wave b swing around 1.2940 would confirm an uptrend continuation.

Read More

Topics: forex

Daily Forex Analytics 3rd March, 2018.

Posted by ForexAnalytix on 03-Apr-2018 09:30:46

A near term bull flag may be developing which is bullish for USDNOK, so a break of the 7.9000 level could risk a move back to 8.000.

Read More

Daily Forex Analytics March 30, 2018.

Posted by ForexAnalytix on 30-Mar-2018 09:27:27

The GBPUSD closed below the 38% retracement opening the way for a move back to the 1.3915 level or the 61.8% retracement. There is a lot of horizontal support there as well. 

Read More

Topics: forex

Daily Forex Analytics March 29, 2018.

Posted by ForexAnalytix on 29-Mar-2018 10:19:34

The EURUSD posted a long black bearish continuation candle. 

Read More

Topics: forex

Daily Forex Analytics 28 March, 2018.

Posted by ForexAnalytix on 28-Mar-2018 09:35:58
For 10y UST, the price is still inside the bullish sharks territory but now below the completion points for both sharks.
Read More

Topics: forex

Daily Forex Analytics March 22, 2018.

Posted by ForexAnalytix on 22-Mar-2018 10:04:51
EURAUD is trading within red wave 5) of one, which can see limited upside near the 1.6100-1.6200 region. Be aware that we are tracking final stages of a bigger bullish wave, which means a temporary higher degree pullback can follow in days or weeks ahead.
Read More

Topics: forex

Daily Forex Analytics March 21, 2018.

Posted by ForexAnalytix on 21-Mar-2018 09:18:47

The rally in the EURAUD was cut short with a divergent RSI and now possible false breakout. Bulls should be careful here..

Read More

Topics: forex