Market Analysis
BCH/USD: After completing last days' massive uptrend now this pair is remaining at a specific range where in 30 minutes chart it is going 285 and then 281 but as it is on the positive trend then might go to 300 level within a very short time.
EUR/USD: in a weekly chart EUR is gained a bit but made some corrections from the previous 2 weeks. However last week it went 1.1856 and at the end of the day, it made some corrections where the price range was .11834 but still EUR is in high demand so it might touch 1.1900 next week.
GBP/USD: Last week GBP fluctuates heavily though it does not move huge pips but made uptrend and downtrend many times and at the end of the day price stated at 1.3030 level so next week it might go downtrend as people went for sell.
EUR/CHF: Though on EUR/USD euro gained a bit but unfortunately due to franc pressure euro went slightly downtrend and still seeing huge sell pressure on this pair so if the euro remains the same way then this price will go 1.0600 within next week.
USD/JPY: If we take a look at last week's chart then we will see dollar gain quite good and due to some positive news it might go more bullish trend next week where next resistance will be 108.10 levels.
EUR/USD was relatively mixed with the pair starting up in low levels before tuning up high. It was eventually bullish before the week closed out, so it could be a good opportunity for us to go for shorts during first 24 hours in the day.
GBP/USD was extremely bearish this week as we saw things get ugly with pair dropping nearly 600 pips. We are highly likely to witness things move in same way ahead too. So it will be a good chance for us to go for shorts with overall market pushing for it.
USD/JPY was very much mixed with things not taking any proper side. However, in long run it is fair to say that we will be overall looking at bullish trend in the week to come. So it will be sensible for us to go for option to gain through.
EUR/JPY started up with the negative trending but was quick to pick up and then went smoothly. And the week closed in similar fashion, so we are likely to see it move in same direction. It will be good time to go for buy but better if done with some pull back.
AUD/USD was negative during the past few days, and it is very much likely to stay in same zone ahead too. So it will be a good opportunity for us to go for shorts here, on point of recovery, as it is still a way for long term trend.