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A simple way to identify a trend!
This article is originally referred from FBS Digest.
Coming up this week:
- 10 millionth trader is almost here
- Moving Average: simple way to identify a trend
- Fresh analytics
10 millionth trader is almost here
Very soon we’re going to greet our 10 millionth trader – can you believe it?
We are so excited to find out who’s going to be this lucky person! To celebrate this remarkable event, we prepared something very special for all of you.
Hurry up to tell your friends to join FBS – maybe one of them will become the FBS 10 millionth trader with your help!
Weekly Economic Calendar
- Oct 17, 11:30 MT time – British CPI
- Take a chance to trade on one of the most important economic data.
- Oct 18, 03:30 MT time – Australian jobs data
- Strong data will support the AUD.
- Oct 19, 15:30 MT time – Canadian CPI
- The CAD waits for support from the strong reading.
MOVING AVERAGE: A SIMPLE WAY TO IDENTIFY A TREND
Moving Average is one of the widely used indicators in trading, preferred by traders because it’s easy and effective.
We won’t give you complicated formulas. It’s more important for you to understand the idea of each MA type.
- Which type of Moving Average identifies the trend the best
- Which settings to apply to Moving Average
- How to profit on Golden cross and Dead cross
- How to use Moving Average for support and resistance levels
FRESH ANALYTICS – Tips from FBS expert
- EU Economic Summit will take place this week. Comments on the global economic issues, Brexit and the economy will make the EUR and the GBP highly volatile.
- One more driver for the EUR. Italy’s budget issue isn’t solved yet. The Italian government has to approve the budget until October 20. As soon as the budget is accepted, the bill will be sent to the parliament and Brussels for review. The approval, comments from the parliament and Brussels will affect the EUR.
- Finally, we got to the Brexit summit. On October 17, representatives of the EU and UK will meet to discuss a possible Brexit deal. In recent weeks, the GBP was highly volatile because of the mixed news from both parties. Be ready for the jumping GBP.
Original Source: FBS Digest
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