Forex market is enjoying holidays, and trading sideways, in absence of a meaningful volume. Eur usd was about to reach the target, but flipped to the other side to indulge traders for some more time, trend remains to the downside. Gbp usd is well supported now waiting for Brexit done until 31 Jan. Usd jpyContinue reading “DAILY FOREX OPPORTUNITIES”
Category Archives: forex
DAILY FOREX OPPORTUNITIES
Forex market is calm due to holidays. Limited action can be expected in this type of atmosphere. Market showed only sideways moves yesterday as expected,Chf is maintaining it’s strength it’s high time to buy Usd chf as the strength should be over soon. Japanese yen started to show strength as predicted in the previous post.Continue reading “DAILY FOREX OPPORTUNITIES”
DAILY FOREX OPPORTUNITIES
We are now in mid December, winter season Christmas day holidays are coming closer, holidays will start from Christmas eve, and the real volume will arrive in market probably after next year 5 Jan. Till then a sideways price action will be expected as the market volume will be thin. Gbp/usd traded exactly as expectedContinue reading “DAILY FOREX OPPORTUNITIES”
DAILY FOREX OPPORTUNITIES
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”
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”
Forex Trading Analysis 