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 should beContinue reading “EUR USD, A TREND REVERSAL OR A CORRECTION IN BULL RUN?”
Category Archives: forex
NEXT TRADING STRATEGY IN 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 106.00 toContinue reading “NEXT TRADING STRATEGY IN USD JPY”
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 to show signs of overstretched strength, it doesn’t really mean that the further strength is totally ruled out but the strength should be taken asContinue reading “USD JPY NEXT TRADE SETUP.”
WHAT WILL BE THE NEXT IN FOREX TRADING AFTER ROLLERCOASTER RIDES LAST WEEK.
Hello to all, last week we all witnessed was full of rollercoaster rides, swings can still be felt. Will it continue this week or not is a big question. I also have no answer for this. Till now I used to trade with only one method, which was to buy the pair at support linesContinue reading “WHAT WILL BE THE NEXT IN FOREX TRADING AFTER ROLLERCOASTER RIDES LAST WEEK.”
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 book profits here or keep your positions on? Eur usd was predicted to trade with a bullish bias the pair is currently trading around 1.10550,Continue reading “IS IT TIME TO BOOK PROFITS IN FOREX MARKETS?”
Forex Trading Analysis 