HOW TO TRADE GBP USD NOW? – Forex Trading Analysis
GBP USD After making a low around 1.20800 Gbp usd is now trading around 1.26000. Big question is that if the pair near it’s Top now or the strength will continue further? The answer according to us is that it is always hard to say if the Top or bottom in any pair is in. […]
USD can’t afford to make mistakes. Forecast as of 05.01.2023
2023-01-05 2023-01-05 USD can’t afford to make mistakes. Forecast as of 05.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Fundamental analysis. No matter how many ultimatums the Fed gives to the markets, the final decisions of the US central bank will depend on incoming data. Let’s discuss this topic and make up a trading plan for EURUSD. Weekly US dollar fundamental […]
USD JPY NEXT TRADE SETUP. – Forex Trading Analysis
USD JPY Usd jpy gained strength recently due to jpy’s weakness it was not due to Usd’s strength. After passing so much time in a range bound atmosphere, the pair now started to show signs of overstretched strength, it doesn’t really mean that the further strength is totally ruled out but the strength should be […]
Leveraging Market Sentiment in Forex: A USD Pair Trading Strategy
In today’s issue, we talk about how market sentiments can affect Forex currency pairs and a few ways one can use this reading to make informed trading decisions. Tad DeVan is a Senior Forex Analyst for Market Traders Institute and host of the Ignite Trading Room. Ignite Trading Room is FREE to join for active […]
NEXT TRADING STRATEGY IN USD JPY – Forex Trading Analysis
Usd jpy USD JPY is trading sideways since 1st July after touching high near 108.00 , no meaningful downside is witnessed since then. It is right that forex market is passing through a record low volatility phase now a days, so little opportunities arising these days. USD JPY is trading in a small range of […]
USD/CAD Bearish Engulf Resisted by Stronger USD
USD/CAD ANLAYSIS Uncertainty around China and U.S. policy lingers. U.S. labor and Canadian balance of trade dominates headlines today. Will the bearish engulf unfold to further CAD strength? Recommended by Warren Venketas Get Your Free Top Trading Opportunities Forecast USD/CAD FUNDAMENTAL BACKDROP The Canadian dollar reacted favorably to Chinese economic optimism giving the commodity currency […]
EUR USD, A TREND REVERSAL OR A CORRECTION IN BULL RUN? – Forex Trading Analysis
Eur usd Eur usd touched nearly 1.20000 recently and very quickly returned to 1.18800. This quick move created a doubt in trader’s mind, if it is a beginning of trend reversal or just a correction in the bull run? If we look at the price action at first glance it looks like a correction and […]
Market Update – January 4 – USD & JPY hold gains, Stocks flat & Oil tanks
The first full day of 2023 saw stocks flat, a bid for the Greenback & Yen, weaker EUR following softer German CPI data and Oil markets collapse on global growth worries. Treasuries are firmer with US10yr yields losing -2.61%. Overnight Asian stocks have traded mostly firmer despite the negative handover […]
LATEST FORMATION ON USD JPY CHART – Forex Trading Analysis
Usd jpy Usd Jpy is trading in a range bound manner for more than a month. Price was hovering between 107.000 and 105.500. Yesterday the pair broke it’s silence and the price is now trading below it’s familiar level of 105.500. Now what is the fate of the pair now is a big question. As […]