A stable government optimism in Gbp/usd seems to be priced in, pair is back off the recent highs of above 1.35000. Clear majority for Boris Johnson came with a big responsibility of safe and sound Brexit, clear majority doesn’t mean Brexit with a deal, but still there is a long way to go till BrexitContinue reading “DAILY FOREX OPPORTUNITIES”
Category Archives: forex trading
DAILY FOREX OPPORTUNITIES
As stated in my earlier posts, U.K. general elections was a big event and will effect the forex market to so much extent. Opinion polls predicted that Conservatives will not be able to generate enough seats to have a clear majority but exit polls today are showing clear majority to conservatives, while the counting isContinue reading “DAILY FOREX OPPORTUNITIES”
DAILY FOREX OPPORTUNITIES
U.S. DOLLAR continues to maintain it’s strength, forex market is in search of a catalyst to breakdown, perhaps today’s big event of U.S. fed report will give a direction. Tomorrow long awaited U.K. elections event will also resolve the thin volume range bound atmosphere. Latest opinion poll results predict decreasing majority of Tory, resulting inContinue reading “DAILY FOREX OPPORTUNITIES”
DAILY FOREX OPPORTUNITIES
U.S. Dollar is maintaining it’s strength and is well bid, traders should not expect any major move in forex markets till FED and ECB reports this week, market needs a catalyst to breakdown, U.K. elections on Thursday will create a good volatility and provide excellent opportunities to make profits. Markets hardly moved yesterday, so thereContinue reading “DAILY FOREX OPPORTUNITIES”
DAILY FOREX OPPORTUNITIES
U.K. elections campaign entering it’s last phase, Boris Johnson maintaining his lead over labour party, it seems that U.K. general public needs Brexit done now, all eyes will be on market reaction this week, particularly if labour party wins with clear mandate. Looking at forex market, Gbp/usd is still firm and bid right now, inContinue reading “DAILY FOREX OPPORTUNITIES”
Forex Trading Analysis 