Forex Technical Analysis by Trading Central
by Trading Central
FxPro has partnered with Trading Central to help our clients form confident, timely and educated investment decisions. This dynamic product suite is now available to you with our MT4/MT5 platforms and has been meticulously perfected since 1999 to best support you in finding, validating and timing your trades.
Trading Central is a consulting firm that operates in the field of technical analysis of forex trading. Working in the industry for 20 years, the company has the widest global coverage with offices in the US, France, Great Britain, Canada, China, and Cyprus. It monitors a large number of instruments in different classes, from currencies to stocks.
The system provides Forex technical analysis online, analyses support and resistance levels and gives intraday and long-term forecasts.
A significant part of market analysis is detected by Trading Central systems automatically, however, such a high level of forecasting is impossible without a team of professional analysts. The company's specialists use the most advanced technical analysis tools in the industry to gather all of the comprehensive and in-depth information. Their decisions are based on building price corridors and resistance levels, digital and graphical indicators for various classes, as well as recognizing candlestick patterns.
Trading Central’s forecasts are much more accurate as from their analysts follow up-to-speed trend corrections. For instance, if technical analysis gives a trend with support and resistance bands then the entry point will usually be determined during the correction which is when the price drops before returning to its upward trend.
Trading Central specializes in the technical analysis, so traders have an opportunity to use in-depth graphical analysis and mathematical indicators to confirm the key price levels, as well as special candlestick charts to confirm trend reversal or acceleration.
When using analytical materials, keep in mind that the green lines on the Trading Central charts indicate the resistance levels; the red ones indicate the support levels, and the blue line depicts an alternative scenario.
Although Trading Central have always been a paid service before, FxPro provides its clients with this option free of charge.
Open a trading account with FxPro Direct today to get full access to the exclusive technical analysis online.
Key benefits of Trading Central:
- Reduction of any trader’s day to day burden of analysing large amounts of data, due to automatic level-building and trend detection;
- Hundreds of intraday trading ideas for various tools that are difficult to manage manually;
- Long-term forecasts for pivot levels directly within the MT4/MT5 platforms;
- Opportunity to spot an idea from several indicators simultaneously;
- Automatic detection of Japanese candlestick patterns.
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This set of innovative MT4 indicators help you identify new trade opportunities, safe guard against sideways markets and improve you entry/exit timing to improve investment outcomes. Get an instant viewpoint on our preferred direction along with target levels or discover our alternative scenario based on simplistic support and pivot lines!
The platform is your go-to destination for concise, directional forecasts on over 8,000 instruments! Based on Trading Central's award-winning macro methodology, each analysis provides the key technical details of an asset to help you gain a clear understanding of the scenario in the moment you need it.