Category: forex trading

NZD/USD: Bulls are creating the fresh multi tops highs.NZD/USD: Bulls are creating the fresh multi tops highs.

General overview: NZD/USD trades on a positive note in the early European session. Price comfortably placed over the 20-day SMA at 0.7215.Broader upward channel reflects the underlying bullish bias. The

AUD/CHF: BEARS GAINING VOLITILITY IN MARKET.AUD/CHF: BEARS GAINING VOLITILITY IN MARKET.

GENERAL OVERVIEW: AUD/CHF is trading at 0.6938; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s

EUR/GBP: Bulls are trying to turn positive towards 0.8600 level.EUR/GBP: Bulls are trying to turn positive towards 0.8600 level.

General overview: Bulls are trying to break range bound territory in the market. The pair is trying to maintain bullish grip over the market a move towards the bullish side

NZD/CAD: Bears are falling towards the downside momentum.NZD/CAD: Bears are falling towards the downside momentum.

General overview:NZD/CAD bears stepping in to challenge the bulls at key resistance. Bears target a downside continuation on the daily chart. Pair is forming downside slops; pair creates the bearish

EUR/USD: Bulls are forming the high volatility in market.EUR/USD: Bulls are forming the high volatility in market.

General overview: EUR/USD remains on the track to extend gains in the Asian session. More gains visible if price decisively breaks above 1.2235.Bullish momentum oscillator tilts in favor of upside

USD/CHF: Bears are again taking deeper downward swings.USD/CHF: Bears are again taking deeper downward swings.

General overview: USD/CHF edged lower for the second straight day amid some heavy USD selling bias. Reduced Fed rate hike bets, sliding US bond yields continued weighing on the buck.

AUD/USD: Bears are forming major pullback in the market.AUD/USD: Bears are forming major pullback in the market.

General overview:  The pair find major pullback from the bears towards the downside pair in the market. The pair is making the downside momentum in the market. China’s Retail Sales

NZD/CHF : Bears are holding downside movement.NZD/CHF : Bears are holding downside movement.

General overview: NZD/CHF under pressure in Asian market volatility. Bears will continue to monitor for bearish structure given the daily outlook remains bearish. The pair falls towards the downwards side

AUD/JPY: Bulls are heading towards higher highs.AUD/JPY: Bulls are heading towards higher highs.

General overview: AUD/JPY prints mild gains in the Asian session. Risk-on tone lifts the sentiment around Aussie. The pair finds its upside path in the market and sets for the

NZD/USD: The bulls are trading in an uptrend channel.NZD/USD: The bulls are trading in an uptrend channel.

General overview: The pair keeps bounce off immediate horizontal support. The pair turns bulls on the set for the buy side in the market. Palladium bucks the commodity basket’s latest