EUR/USD Price Analysis: 200-week MA is a stiff resistance
EUR/USD bulls need a break above the 200-week SMA. The average has been capping gains since the end of May. EUR/USD is trading near 1.1310 at press t
Read More »ForexLive Americas FX news wrap: Re-opening turns into re-closing
Forex news for North American trade on June 26, 2020: Markets: – Gold up $6 to $1770 – US 10-year yield down 4.4 bps to 0.64% – WTI crude down…
Read More »A technical look at the major currency pairs heading into the new trading week
What are the technical’s saying for the major currencies. The EURUSD extended the week’s trading range in the NY afternoon (taking out the low from Tuesday at 1.12402. The break…
Read More »LET’S SEE HOW AND WHEN IT TURNS IN OUR FAVOR, THIS WEEK FOREX TRADING
U.S. DOLLAR started to loose it’s grip last week. Things should turn in our favor later or sooner. Eur usd stabilized and the downward momentum is vanished. The pair is…
Read More »EUR USD LATEST FORECAST
In previous post we highlighted that Eur Usd is stabilized and near term bottom is in place. Eur usd :— Eur Usd is holding ground this week. Weakness in euro…
Read More »AUD/USD aims to regain 0.7000 after a brief drop under the threshold
AUD/USD recovers the early-day losses while taking a U-turn from 0.6964 to currently around 0.6990. Even so, the Aussie pair prints 0.14% intraday los
Read More »IS IT TIME TO BOOK PROFITS IN FOREX MARKETS?
Congratulations to all, who are regular readers of this blog. Hope you enjoying good profits. Forex major pairs reacted mostly according to our predictions. Now the question is whether to…
Read More »HOW TO TRADE GBP USD NOW?
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?…
Read More »USD JPY NEXT TRADE SETUP.
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…
Read More »FOREX MARKET PASSING THROUGH AN EXTREMELY LOW VOLUME PHASE
Since mid April forex market is passing through a record low volume phase. Market is neither in hurry to reach the Top nor Bottom. Besides low volume due to summer…
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