Market Analysis
Posts: 216
Member since: 13/09/2016
GBP/USD has been moving in very steady range since last 3-4 days and it’s likely to hold at similar levels, so it could be good opportunity to get into a trade. We look at the present situation as right opportunity to do sell and SAR indicator too got same hints which makes it good time to go for shorts.
Posts: 216
Member since: 13/09/2016
USD/JPY has been dropping since last few months and with the way things are moving around, it’s likely that all this will continue on same note. So, it could be very good opportunity for us to go for short, but we need to wait till there is enough rise which is highly likely to come very soon, but overall trend is bearish as confirmed by SAR
Posts: 216
Member since: 13/09/2016
EUR/USD has been running in very steady range without major gain or loss. It is likely that we will see things remaining steady at 1.18/19 range, so it’s tough to say the direction right now, but sell looks better bet in coming weeks until the NFP event.
Posts: 216
Member since: 13/09/2016
GBP/USD is running quickly on downside and has reached down towards 1.28 level; it is likely that the pair will continue on same zone, so the best time is for sell. But, we just need to make sure that we go on with good money management to avoid any unnecessary scenario.
Posts: 216
Member since: 13/09/2016
AUD/JPY was on very solid bullish trend, but it has switch since last few weeks and now the pair is in free fall and opens up good opportunity as far making profit is concern. We need to make sure that we trade on the moment there is recent pull up to have best results.
Posts: 216
Member since: 13/09/2016
NZD/JPY is in massive bearish trend and with the way things are running, it is highly likely that we will see similar trending continue, so it will be good opportunity to enter into sell but need to get the entry on the mark in order to gain or else it could be a long shot!
Posts: 216
Member since: 13/09/2016
How AUD/USD went this week? Let’s do analysis. The week started from where it left off last week, from the bullish trend. However, it soon shifted downside showing noticeable drops. But soon was able to recover the lost plot. By the time the week closed out, things evened up. We can say bulls have an edge here.
Posts: 216
Member since: 13/09/2016
How USD/CHF went this week? Let’s do analysis. The week was mixed with the bearish trend dominating in major way, but it did pickup inbetween. By large, it remained into bullish zone and is a good opportunity when it comes to buy at any noticeable dip and could bring up good profits for traders.
Posts: 216
Member since: 13/09/2016
How USD/CAD went this week? Let’s do analysis. This week the pair moved into uncertainty zone, but the week started off with the bearish trend with major drops. But everything got back on track and reached to same levels again. We see the trend likely to be on neutral track ahead in the coming week.
Posts: 216
Member since: 13/09/2016
How Bitcoin went this week? Let’s do analysis. Bitcoin was pretty crazy this week as well with everything going downside. With the way scenarios is working on, there is no vote of confidence to say things will turn around. So, right now, there is no one who could predict any direction of movement.