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 USDCHF 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 GPUSD seems more bullish.
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 EURUSD seems more bullish.
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 GOLD seems more bullish.
The USDJPY takes support after a long falling. I believe it will rise more in coming next week. Better to look buying opportunity on it.
I am bullish on USDCAD. USD seems very bullish in next week.
The NZDUSD is standing on the supply zone which is leading the NZDUSD to fall from the current market price.
AUDUSD loose its strength on Friday and in other hand Dollar Currency Index takes strength. I believe AUDUSD will fall more.
USDCHF take support on Demand zone and it is going straight up. Dollar Currency Index is also bullish. Better to look buying opportunity on it.
Last week GBP has done excellent job and it maintain its strength against the USD. I would like to say if it moved against the DXY next week then trade it. Also watch the range of movement, If GBPUSD start to fall and DXY start to rise it does not mean to trade GBPUSD. First watch the speed of falling of GBPUSD if the speed of falling is fast against the USD then sell it.
Last week we Dollar Currency Index took strength and I believe this strength will continue for the next week. So it is better to look sell opportunity on EURUSD>
The last week for GOLD was amazed. Now GOLD is making Head & Shoulder Pattern and I believe it will fall more. My first target is 1725 and then 1710.
The market of USDJPY is near to it's demand zone. I think it will touch it then rise to retest it's trendline and from there it will fall. Bette to buy on demand zone if rejected then sell from the trend line if rejected. So follow the chart.
The market of USDCAD is near to its demand zone. Wait for the rejection on demand zone then take buy position on it. If market gives breakout to its demand zone then dont try to buy it.
The AUDUSD pair first will fall then it will take buy setup by taking support. Better to wait for the support zone to buy it.
Wait for the market to reject from the Demand zone then look for buying opportunity on it.
The market of GBPUSD is giving us an opportunity to take buy position on it. Wait for the retest then take buy entry on it.
As we can see the market of EURUSD is out from the descending channel and now staying at supply zone. I suggest you to wait for the support to buy it again. If you think you can buy it here then I dont recommend you. Wait for the downside to take support.