LATEST FORMATION ON USD JPY CHART

Usd Jpy is trading in a range bound manner for more than a month. Price was hovering between 107.000 and 105.500. Yesterday the pair broke it’s silence and the price is now trading below it’s familiar level of 105.500. Now what is the fate of the pair now is a big question. As the pairContinue reading “LATEST FORMATION ON USD JPY CHART”

SELL OPPORTUNITY KNOCKING IN EUR USD.

Eur Usd is trading in a small range since mid April. However some good opportunities were arisen in the meantime. But now the pair started hitting the resistance lines. Means that a good sell opportunity is knocking. It is still possible that the pair may rise from here but should be taken as a profitableContinue reading “SELL OPPORTUNITY KNOCKING IN EUR USD.”

WHAT WILL BE THE NEXT IN FOREX TRADING AFTER ROLLERCOASTER RIDES LAST WEEK.

Hello to all, last week we all witnessed was full of rollercoaster rides, swings can still be felt. Will it continue this week or not is a big question. I also have no answer for this. Till now I used to trade with only one method, which was to buy the pair at support linesContinue reading “WHAT WILL BE THE NEXT IN FOREX TRADING AFTER ROLLERCOASTER RIDES LAST WEEK.”

LET’S SEE HOW AND WHEN IT TURNS IN OUR FAVOR, THIS WEEK FOREX TRADING

U.S. DOLLAR started to loose it’s grip last week. Things should turn in our favor later or sooner. Eur usd stabilized and the downward momentum is vanished. The pair is now expected to trade in a broader range of 1.07000 to 1.10000 for some time. Gbp usd outlook also turned positive. Usd jpy backed offContinue reading “LET’S SEE HOW AND WHEN IT TURNS IN OUR FAVOR, THIS WEEK FOREX TRADING”

LET’S MAKE THIS WEEK PROFITABLE IN FOREX TRADING

Forex market witnessed a mixed last week. While U. S. dollar was strongest against euro, weak against sterling, and was stagnant against Japanese yen. Some economists were of the view that due to coronavirus, there is a risk atmosphere in the market, beneficial for risk assets like euro. Despite that euro continued it’s weakness. TheContinue reading “LET’S MAKE THIS WEEK PROFITABLE IN FOREX TRADING”

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