Posted in Forex News

Technical Overview of AUD/USD and USD/JPY Currency Pair

AUD/USD AUD traded higher against USD and closed at 0.6686 AUD/USD sustains the bounce above 0.6700 amid mixed Australian NAB Business Survey and Home Loan data. The spot draws support from a risk-on rally in…

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Posted in Forex News

Technical Overview of EUR/USD and GBP/USD Currency Pair

EUR/USD EUR traded lower against USD and closed at 1.1193 The market is well placed to retest resistance at 1.1197- 1.1240 – namely the 55 week ma, the 2019-2020 down channel and the recent high. This guards…

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Major Economic Indicators
Posted in Forex Weekly Forecast

Upcoming Week Major Economic Indicators that may Affect Forex Market

Economic indicators can have a significant effect on Forex and CFD prices. Due to this reason, most of traders keep a sharp eye on the Economic Calendar, to make sure that they are aware of…

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Posted in Forex News

Technical Overview of EUR/USD and GBP/USD Currency Pair

EUR USD EUR traded higher against USD and closed at 1.1050 • EUR/USD buoyed by USD, T-yields weakness amid trade uncertainty. • Bulls could face rejection at 100-DMA near 1.1095 in the short-term. • ECB-speak,…

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Posted in Forex News

Technical Overview of CAD/CHF and USD/CHF Currency Pair

CAD CHF The CAD traded lower against the CHF and closed at 0.7466. Confluence Playing Actively 1) Main trend is towards the South. 2) Formed MB/IB. 3) Formed Pivot Candle Support @ low of MB….

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Posted in Forex News

Technical Overview of AUD/CHF Currency Pair

AUD CHF The AUD traded higher against the CHF and closed at 0.6972. 1) Formed Mb/IB. 2) 0.7006 Level of breakout Is very important because. 3) In confluence with previous Week Pivot. 4) 2 week Vpoc…

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Market Morning Briefing
Posted in Market Morning Briefing

Market Morning Briefing

1. Canada to present NAFTA ratification bill on Wednesday. 2. General Electric is planning to cut over 1K jobs in France, increasing the risk to set the American firm on the collision course. 3. On…

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Posted in Forex News

Technical Overview of AUD/JPY Currency Pair

AUD JPY The AUD traded higher against the JPY and closed at 75.703. 1) Pair in a tight range. 2) Pair forms a Support @ 77.50. 3) keep in mind that AUD announces time rate…

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Posted in Forex News Uncategorized

Technical Overview of USD/JPY and EUR/AUD Currency Pair

USD JPY The USD traded lower against the JPY and closed at 109.483. 1) Pair stalls between the quarter and year pivot. 2) Keep in mind that market is in RISK AVERSION. 3) Breakout of…

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Posted in Forex Weekly Forecast

Weekly Fundamental Forecast

Major Forecast on Monday Bank of Japan (BoJ) Governor Kuroda Speech:- BOJ Governor Speech is an event having the greatest impact on JPY among all public statements made by the Japanese regulator. The Governor’s rhetoric…

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