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 currently driven by elections chaos. Market will remain subdued till the U.S. N.F.P. data to be released later today. But the N.F.P. reaction will probably be limited.

Following are the daily forex opportunities in major forex pairs and CHART OF THE WEEK.

CHART OF THE WEEK:– EUR/USD Eur/Usd is trying to make a Top and will probably succeed to do it in the coming days. The test of 1.11200 will not be a surprise. Selling on rallies will be a profitable strategy in this pair.

GBP/USD:– Gbp/usd is volatile due to U.K. elections confusion, traders should wait till the elections results as the rollercoaster ride is expected in this pair due to elections chaos.

USD/JPY:– USD/JPY is trying to form a base here at 108.600 and below. Buy on dips strategy will be profitable in the pair. Pair will trade sideways for a couple of days to find the bottom.

CHART OF THE WEEK:–USD/CHF is the pair reaching the point where buying on dips will be a profitable strategy. Buying can be initiated in this pair from 0.98700 and below to earn good profits.

AUD/USD:– AUD/USD is trying to form a Top and will probably succeed to do so in next couple of days. Selling can be initiated from 0.68500 and above in the pair to earn decent profits.

CHART OF THE WEEK:– NZD/USD was our CHART of the WEEK in the last post and trying to form a TOP and will probably succeed to do so. Selling can be initiated here at 0.65600 and above to earn a decent profit.

Stay tuned for more daily forex opportunities tomorrow.

DISCLAIMER:- Forex trading involves significant amount of risk, may not suitable for all. However the above information is deemed to be reliable, traders should trade according to their risk and money management.

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 range expected till then.

Following are the Daily Forex Opportunities in some major forex pairs and CHART OF THE WEEK pairs.

CHART OF THE WEEK:– EUR/USD is reaching the price where sell on rallies strategy will be profitable, selling can be initiated from here 1.10800 and above to earn a decent profit.

GBP/USD:– Gbp/usd is reaching the point where sell on rallies strategy will be profitable, selling can be initiated from here 1.30000 and above to earn a decent profit, U.K. elections are looming, so a good degree of caution is recommended.

USD/JPY:– USD/JPY made a Top recently at 110.00, trading at 108.500, pair is consolidating its recent moves and probably reach the bottom in next couple of days.

CHART OF THE WEEK:– USD/CHF is reaching the point where buy on dips strategy will be beneficial. Buying can be initiated here at 0.98700 and below to earn decent profits. Pair will probably reach the bottom in a couple of days.

AUD/USD:– AUD/USD was our chart of the week ( please see previous posts). Pair found the bottom at 0.67775 as predicted, trading at 0.68300. For now let the profits run, the pair will find a Top in next couple of days.

CHART Of THE WEEK:– NZD/USD is reaching the price where sell on rallies strategy will be profitable. Selling can be initiated here and above to earn decent profits. Pair will probably make a Top at 0.65200.

Stay tuned for more daily forex opportunities tomorrow.

DISCLAIMER:- Forex trading involves significant amount of risk, may not suitable for all. However the above information is deemed to be reliable, traders should trade according to their risk and money management.

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 tight range trade with continue for some time.

Following are the daily forex opportunities in the pairs and CHART OF THE WEEK.

EUR/USD:– EUR/USD was expected to find bottom near 1.09600-700 , but the pair briefly touched 1.09800 and quickly returned to 1.10250, it seemed that the pair found the near term bottom, if pair revisits 1.09700-800, it will be a good opportunity to buy again.

GBP/USD:– GBP/USD is the pair showing no clear direction and trading sidelines, also there are no clear setups right now, so to stay away from this pair is recommended.

CHART OF THE WEEK:– USD/JPY is reached the price where sell an rallies will be a very good strategy. Sell here at 109.700 and above to earn decent profits.

USD/CHF:– Sell on rallies was recommended in USD/CHF in the previous post, price is still hovering near the recommended sell price 0.99900 ( please see previous post). Sell on rallies strategy is still valid in this pair.

CHART OF THE WEEK:– AUD/USD was recommended to buy on dips in the previous posts ( please see previous posts). Pair is still hovering around the recommended price 0.67750. The buy on dips strategy is still valid in this pair.

Stay tuned for more daily forex opportunities tomorrow.

DISCLAIMER:- Forex trading involves significant amount of risk, may not suitable for all. However the above information is deemed to be reliable ,traders should trade according to their risk and money management.

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 find bottom at 1.09600-700.

Gbp/usd:– Gbp/usd is trading with an upward bias, should find the top in near future. For now, to stay away from this pair will be the best strategy.

CHART OF THE WEEK:– AUD/USD was recommended yesterday to buy on dips, traders should continue to buy on dips in this pair to earn good profits. (Please see previous post)

CHART OF THE WEEK:– USD/CHF reached the price 0.99889 where sell on rallies strategy can be adopted with minimum risk.

To read more valuable information by forex experts please visit https://blog.feedspot.com/forex_blogs/

Stay tuned for more daily forex opportunities tomorrow.

DISCLAIMER:- Forex trading involves significant amount of risk, may not suitable for all. However the above information is deemed to be reliable, traders should trade according to their risk and money management.

Volatility in the world and forex market is passing through a record low phase amid thin volume awaiting a big 12 December U.K. elections event. Eur/Usd and Gbp/usd are also trading in a tight range. But range bound markets sometimes give a decent profit making opportunities.

Due to my followers love and appreciation, I am going to introduce the weekly trading opportunities in some major forex pairs under the heading of CHART OF THE WEEK. I am sure this will provide excellent opportunities in trading and help to trade with confidence.

I am highly thankful to Mr. Anuj Agarwal founder of blog.feedspot.com/forex-blogs/ and all panelists for selecting my blog in one of the Top 200 Forex Blogs on the web. I highly recommend all the traders to save blog.feedspot.com/forex-blogs/ in their bookmarks as it should be first choice for forex traders to get excellent reading material helpful in trading.

Following is the strategy in Eur/Usd, Gbp/usd and valuable weekly opportunities under CHART OF THE WEEK heading.

Eur/Usd:– No change in recommendation, price hardly moved yesterday. ( please see the previous post).

Gbp/usd:– No change in recommendation, price moved a little yesterday, still in the mid of it’s price range ( please see the previous post).

CHART OF THE WEEK Aud/usd:– Aud/usd reached the price where buy on dips will be profitable. I highly recommend my followers to avail the opportunity. Aud/usd can be bought here at 0.67775 and below, trade with confidence.

DISCLAIMER:- Forex trading involves significant amount of risk, not suitable for all. However the above information is deemed to be reliable, traders should trade according to their risk and money management.