Category: forex trading

GBP/JPY: bulls are forming potential rounding bottom.GBP/JPY: bulls are forming potential rounding bottom.

General overview: A combination of factors pushed GBP/JPY higher in the place of demand. The risk-on mood undermined the safe-haven JPY and remained supportive of the move. The GBP/JPY cross

EUR/GBP: Bulls are trying to turn positive towards 0.8750 level.EUR/GBP: Bulls are trying to turn positive towards 0.8750 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

EUR/GBP: Bulls are trying to turn positive towards 0.8750 level.EUR/GBP: Bulls are trying to turn positive towards 0.8750 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

EUR/USD: potential rounding bottom formed on 4 hourly charts.EUR/USD: potential rounding bottom formed on 4 hourly charts.

General overview:  EUR/USD pair is hitting towards the buy side in the market. The pair is towards the buy side in the market.   Its extends gains above 1.1950, printing

AUD/CHF: bears are lower low side movesAUD/CHF: bears are lower low side moves

General overview: AUD/CHF has been trading in a recovery mode yesterday, today, the pair expected to break low of 0.7100, which suggests that the sellers have stayed in the driver’s

GBP/USD: Bears are falling below 1.3700.GBP/USD: Bears are falling below 1.3700.

General overview: GBP/USD remains cautious near the 1.3700 mark.US Treasury yields trade higher which supports USD. Negative equities point towards risk-off sentiment among investors. The towards the pair is falling

CAD/CHF: Bears formed potential bearish momentum.CAD/CHF: Bears formed potential bearish momentum.

General overview:  The pair is extended from the pullback again from the market and sit towards side in the market. The currency pair is trading at 0.7345 above the Ichimoku

AUD/USD: Bulls gaining in the market above 0.7600AUD/USD: Bulls gaining in the market above 0.7600

General overview: AUD/USD pair falls below the support level 0.7600 level and creates the buy side towards the market. A co-ordinate sanctioning of Chinese officials prompted fresh fresh around AUD/USD.

EUR/GBP: Bulls are trying to break 0.8595 levels in market.EUR/GBP: Bulls are trying to break 0.8595 levels in market.

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

GBP/CAD: Bulls are creating upwards channel pattern.GBP/CAD: Bulls are creating upwards channel pattern.

General overview:  GBPCAD is trading on the uptrend mode now. The pair is creating the upside pressure in the chart and move towards the buy side in the market. The