Do not think that the pair is overbought and it will now, look at Japan economy and their policy. Japan will strong but not now. They are doing great work but their currency is weak against the all pairs.
Do not think that the pair is overbought and it will now, look at Japan economy and their policy. Japan will strong but not now. They are doing great work but their currency is weak against the all pairs.
The DXY (Dollar Currency Index) seems more bullish than CAD. I believe that this pairs will gradually rise to whole next week.
Do not think that the pair is overbought and it will now, look at Japan economy and their policy. Japan will strong but not now. They are doing great work but their currency is weak against the all pairs.
The DXY (Dollar Currency Index) seems to be much stronger than EURO. I believe that EURUSD will fall and it will be best entry point if it again comes to its resistance zone.
As per the hedge fund data (COT), on Friday banks added short and cut long positions on GOL (XAUUSD) and according to the technical analysis, I am seeing bearish sentiment on XAUUSD. It will be better to sell XAUUSD on every resistance zone. Targets are given in the analysis.
US has not increased its interest and they paused it and due to this US dollar facing weakness in its strength. Better to look buying setup on AUDUSD.
Canadian dollar is much stronger against the US dollar. For the time being there is some chances that USD may rise little bit and then it will hard as per my analysis.
DXY is not strong enough to handle CHF. I believe it will after retracement. Better to look sell setup on it.
As I am saying since last two months that JPY is not strong enough and it will remain in bearish mode and now, we can see the currencies again JPY are going straight up, and I think it will remain up (Pairs)
DXY (Dollar Currency Index) is taking its support and chances to reach back to its resistance, if this happened then obviously GBPUSD fall first and then rise again.
DXY (Dollar Currency Index) is taking its support and chances to reach back to its resistance, if this happened then obviously EURUSD fall first and then rise again.
The market of XAUUSD (GOLD) first will move down and then it will rise, keep an eye on DXY to cathc the GOLD.
As we all knows that US government has just $38 Billions to pay its debts. The economy of US is standing on very critical edge. Anything can be happened.
Dollar currency Index (DXY) is getting stronger on daily bases and it journey is still continued. According to the NZDUSD chart analysis, NZDUSD is in pressure and following it breakout levels. Better to look selling opportunity on it.
As I study the economy of Japan, its economy is strong, but they did not increase their interest rate. So in this situation, I think Yen will remain weak. Better to look buying opportunity on this pair.
AUD is not much stronger. Even they increased their interest rate last two weeks ago but economy not become much stronger. Further is this, that AUDUSD has strongly breakout its support zone.
USD is much stronger than Japanese Yen. Japan economy is not in the good condition. As per my analysis Yen will remain weak for the whole next week. Better to look buying opportunity on it.