Category: forex trading

EUR/JPY: bulls looking for further buying.EUR/JPY: bulls looking for further buying.

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

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