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 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”
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”