Creates New Forex Technical Analysis Area by


More Info Creates New Forex Technical Analysis Area

Forex technical analysis reports now available on

London, United Kingdom, May 17, 2013 --(, the UK based trading portal,
has developed a new technical analysis area based on the most popular forex markets.

The new forex area is updated daily and covers the popular euro/dollar, sterling/dollar, dollar/yen,
euro/sterling and dollar/Swiss franc markets.

The daily research comes from a number of different market analysts and covers both short-term trends as
well as long-term market movements.

Each research article gives a snapshot of the technical levels such as where the market is likely to find
"price support" or "price resistance."

Some market analysts review the support and resistance levels and try to predict the next direction of the
market. Other analysts point out possible target levels and what could happen if the market moves

According to Jenna Cutly, Editor at, technical analysis can be quick and convenient
but users should still take care.

"Whilst we offer a range of both fundamental analysis and technical analysis, many of our readers prefer
the latter. This is because, theoretically, with technical analysis, all the facts and data on a particular
market are built into the price.

"The theory means that investors don't need to review the financial news, reports and fundamental market
information as such elements are, in principle, already reflected in the price.

"However, while this analysis can be particularly convenient and fast, the primary negative is that it is
predicated on historical data. Just because a particular forex market has been rising or falling, that does
not necessarily mean it will continue to rise or fall.

"Investors should also remember that leveraged products like margined forex, CFDs and spread trading
carry a high level of risk to their capital and it is possible to lose more than their initial investment."

About is a financial portal which features a wide range of trading information as well as
guides covering hundreds of individual markets. The website features daily updates and reviews of the
global foreign exchange, commodity and stock markets.

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CFDs, margined forex and spread trading may not be suitable for all investors. Investors should only
speculate with money that they can afford to lose. Before trading, investors should make sure that they
fully understand the risks involved and seek independent financial advice as and when necessary.

The reports on are for information purposes only and are not intended as investment
advice or trading recommendations. Neither nor any contributing company or author
accepts any responsibility for the correctness or accuracy of the information provided.

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Contact Information:
Jenna Cutly
020 7234 9124
Contact via Email

Online Version of Press Release:
You can read the online version of this press release at:

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