GENERAL OVERVIEW: The pair is clinches above 132.00 levels in the market. The further buying can be expected in the market as the bullish zone in the buy territory formed
Category: forex trading
AUD/JPY: Tug and war between bulls and bears. What next?AUD/JPY: Tug and war between bulls and bears. What next?
General overview: AUD/JPY prints mild gains in the Asian session. Risk-on tone lifts the sentiment around Aussie. The AUD/JPY is consolidating below the 85.0 mark in the Asian session. The
GBP/JPY: Bulls are heading to north side with the shape of ‘W’GBP/JPY: Bulls are heading to north side with the shape of ‘W’
General overview: The pair is heading to north side with full of bullish momentum and on the daily chart we can see that pair is heading to north side with
CAD/CHF: THE PAIR FORMING POTENTAIL ROUNDING BOTTOM.CAD/CHF: THE PAIR FORMING POTENTAIL ROUNDING BOTTOM.
General overview: the pair is forming potential rounding bottom as, pair creates the bullish momentum in the market. The market creates the buy signals in the moves towards the bullish
USDCAD: Bears continues for low trend formation.USDCAD: Bears continues for low trend formation.
General overview: USD/CAD failed to extend the previous day’s corrective pullback despite recent bounce off intraday low. USD/CAD fails to extend Friday’s corrective pullback, attacks support line of a bearish
EUR/USD: Bulls formed two months fresh highs.EUR/USD: Bulls formed two months fresh highs.
General overview: The pair formed the multi high in the market. The upside bids established upside momentum in the market. Clear break of yearly resistance line, 61.8% Fibonacci retracement back
EURJPY: bulls are making higher high on daily chart.EURJPY: bulls are making higher high on daily chart.
GENERAL OVERVIEW: The pair looks bid and trade closer to 132.00 levels creates the strong buy side in the market. The Japanese yen remains offer on the higher US yield.
USD/CHF: BEARS TESTING THE DEPTH OF THE MARKETUSD/CHF: BEARS TESTING THE DEPTH OF THE MARKET
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.
USDCAD: Bears are getting pullback from the market.USDCAD: Bears are getting pullback from the market.
General overview: USD/CAD failed to extend the previous day’s corrective pullback despite recent bounce off intraday low. Oil follows geopolitical news, upbeat US data and stimulus hopes to stay mildly
USD/JPY: Bears are further moving downward.USD/JPY: Bears are further moving downward.
General overview: USD/JPY extends pullback from intraday top, fails to extend further. As, expectation for ‘the drop in USD to test 107.90 first before stabilizing’ did not materialize as it