Due to the weakness of USD, EURUSD may rise more. Last week we saw much bullish momentum on EURUSD, and it will remain bullish.
Last week we saw that Dollar fall badly after the CPI news. I think next week dollar will remain be weak.
Wait for the retest on the trend line then again wait for the rejection then buy it.
The USDCAD has made breakout but I think it will rise again. Follow the chart and try to understand how I did this analysis.
The market of NZDUSD is standing exactly on its major resistance zone. Many chances that the market will fall from here.
The AUDUSD is touching its resistance line of trend line. I believe it will fall from here.
The market of USDCHF is moving outside the Trend line. I believe it will fall to its trend line to take support and then it will rise.
Overall, I am looking for sell opportunity on it. Every resistance is best to sell it.
On Friday, EURUSD rise sharply and still it has power to rise more to go to its resistance which will be the best zone to sell it.
I believe first GOLD will fall to 1825 to 1820 then it will rise again.
As per the previous movement of the USDJPY I believe it will rise little bit more and then it will fall. Wait for the rejection. I described everything on the chart for your convenience.
The USDCAD is moving in zig zag and running sideway in the box. Wait for the breakout of the box then take an entry to that direction. I think it will fall that's why I set it in short.
The market of AUDUSD is in Ascending channel and may rise in zig zag. Better to look buying opportunity on it.
EURUSD is moving sideways and struck in the BOX. Scalper may make handsome profit on it and the intraday. Swing trader may wait for the BOX breakout then take an entry.
Gold is moving in Ascending channel, and I believe it will continue rise like zig zag. Better to watch buying opportunity on it when it will come to trend line but wait for the rejection.
Yesterday NFP news was come in the favor of USD, but market react against the news. This is making sense that USD has no power and by this USDJPY seems more bearish.
Yesterday NFP news was come in the favor of USD, but market react against the news. This is making sense that USD has no power and by this USDCAD seems more bearish.
Yesterday NFP news was come in the favor of USD, but market react against the news. This is making sense that USD has no power and by this AUDUSD seems more bullish.