technical analysis -or- fundamental analysis

USD/JPY: The pair shows some weakness. Next target: 111.70.

Despite Bullard's announcement for no more rate hikes this year, the dollar has raised. I believe, it would take effect and the pair will resolve the bearish move.

USD / JPY rose to 112.62 during the Asian session, adding 0.06%. I believe that support is now at 111.97, the low of Thursday, and resistance is at the level of 112.73 - the high of Thursday.

USD/JPY: The pair failed to break the key resistance at 112,87 and is now heading to 122,40. The next support level is 112,34, followed by 112,00. On the flip side, if the pair manages to break 112,87, the next support is at 113.20.

Im new in forex, Im try 0.1 size, 40 win trade, 8 lose trade, USD 1,200.00 profit in my assignment (no floating no layer trade, demo account)

My teacher just teach me SMA 10, SMA 20, MACD only for swing trading
technique is 30pips breakout resistance or supporting level/line (use 1 hour and 4 hours time frame)

But I still failed 2 times, around 2 months.

I dont think SMA 10, SMA 20, MACD is enough/good info indicator.
I win USD 20 to 40+, hard to get USD 50 profit, but lose always around 40+ to 70+.
sometime breakout and reversal, then I lose trade.

How to avoid the lose trade, minimize the risk or losses ?
How to match both SMA + MACD signal ?

*SMA crossover shown the direction of trend, price action above or below SMA will shown direction of trend, MACD shown oversold/overbought & trending,
but why only breakout 30pips to get entry ? if reversal will lose trade. And why cannot entry when SMA crossover or MACD above or below 0 line ?

Thank you.

Please help.

I expect USD/JPY to head to 112.50 in the beginning of next week.

The US dollar fell against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 111.90, losing 0.46%. I believe that support is now at 111.38, the low of Friday's trading, and resistance is likely at the level of 112.91 - the maximum of Monday.

Wow; now the price is 133+; maybe 114.4 is the next resistant level! But, right now, buyers are dominating!

The US dollar rose against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 113,20, adding 0.34%. I believe that support is now at 111.78, the low of Monday's trading, and resistance is likely at the level of 113.39 - the maximum of Wendesday.

USD/JPY: Short-term target: 114.47 (seen on H4 and considering the double bottom at 111.65).

The US dollar declined against the Japanese yen during the Asian session on Monday 113.19, losing 0.01%. I believe that support is now at around 112.58, Friday's low, and resistance is likely at the level of 113.39, the maximum of Wednesday.

USD/JPY: The pair is heading towards the resistance from 31/10 at 113.40. If it manages to break it, the next level is 114.50 - the maximum of 1/10. On the flip side, the key support is located at 111.70.

The US dollar fell against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 113.78, losing 0.25%. I believe that support is now at around 112.94, the low of Wednesday, and the resistance is likely at the level of 114.09 - the maximum of Thursday.

USD/JPY: The pair tried to rise up yesterday, reaching a peak of 114.20, but closed lower at 113.83. The views are neutral for now, probably with light bearish signals for testing 113.40 / 00. But as price stays above the trendline, I stay up and every downward pressure can be seen as a good opportunity for long positions. On the upside, 114.70 remains an important resistance. A clear break and daily closing over it can open the doors to 115.50 or higher.

Usd/jpy is under pressure due to stalling US - China trade deal. During the Asian session the pair fell to 113.32.

For enjoying a less risky trading journey, a foreign currency exchange trader will need to choose trades after analyzing all essential aspects. Through various technical indicators are available in front of the traders, it is wise to work with a combination of fundamental and technical analysis to overview the whole picture. And to utilize the full benefits of forex, a trader should try to use proper risk management after choosing his trades.

most of the indicators are lagging except few for forward analysis.
Price action is the kind and price action depends on currency strength and no one can control this,beause the market is moving all the time because of its very nature.

To be successful in trading one has to have a big account,proper money management techniques i.e hedging or martingle etc and experience of when to use stop loss and what kind of it.

USD/JPY: On Friday FED's officials dipped the pair with 60 pips. It found support at 112.84. On its way down, the next support is at 112.60.

Most of indicators aimed at helping trader to indentify historical patterns, but contrary to price action it uses math calculations as a basis. Take for example moving average 200-MA.

It takes 200 previous values of the price (200 error lags) with same weight (1/200) and their sum is the the current value of MA you see in your trading platform.

You compare this value with history (how much it deviated from the price) and judge about future behavior of the price (should MA converge or diverge further from actual price). That's how it work.

Hello Guys,
I know basic things about Forex trading and using MT5 for it. Could you people lead me how to trade technically in Forex? Or which chart or candle or technical analysis we can use to trade in Forex?