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”
Category Archives: forex
DAILY FOREX OPPORTUNITIES
U.S. Dollar started to hold ground and is firm now. Rivals are trying to make a last move higher. Market will trade sideways for now and consolidate the recent moves. Clock is ticking and the big 12-dec U.K. general elections event coming closer. Volatility will surely increase till the dust settles. Gbp/usd momentum is currentlyContinue reading “DAILY FOREX OPPORTUNITIES”
DAILY FOREX OPPORTUNITIES
Forex market kept consolidating the recent moves in a calm trading session yesterday, US dollar was weak across the board as expected, Gbp/usd also joined the party. Market is expected to trade sideways for some time to find the next direction. All eyes are on the big 12 December U.K. elections event, so tight rangeContinue reading “DAILY FOREX OPPORTUNITIES”
DAILY FOREX OPPORTUNITIES
Stagnation in the world and forex markets continues. NYSE closed on Thursday celebrating Thanksgiving Day. U.S. was busy in shopping and celebration on Friday. So the volume was mainly thin. Market is strongly in need of a catalyst to break either side. U.K. is waiting for 12 December elections before Christmas Day. So the tightContinue reading “DAILY FOREX OPPORTUNITIES”
DAILY FOREX OPPORTUNITIES
World and forex market is stuck in tight range. This range will persist till big 12 December U.K. elections event. Following is the daily forex opportunities in major pairs and Chart of the week. Eur/Usd:– Eur/Usd is trading with a downside bias and this downtrend will continue for next couple of days. Price may findContinue reading “DAILY FOREX OPPORTUNITIES”
Forex Trading Analysis 