European central bank kept it’s major policy levels unchanged ( the main refinancing rate at 0.00%, deposit rate at -0.50%, the marginal lending rate at 0.25%, and policy in monthly assets purchasing kept unaltered on Thursday. Despite that, particularly eur usd pair showed some weakness, gbp usd remained within it’s familiar territory. Usd was weakContinue reading “How Forex Market Will Digest ECB ?”
Tag Archives: forex
HOW FOREX MARKET MAY BEHAVE THIS WEEK?
Forex market was in a pause mode last week, euro and gbp eroded their recent gains, but will they continue the decline or it was just a breather? Aud registered a new high this week before slipping down due to profit bookings. Jpy weakness was also in a state of stagnation. Traders made good profitsContinue reading “HOW FOREX MARKET MAY BEHAVE THIS WEEK?”
FOREX MARKET THIS WEEK’s FORECAST
Last week was the week of meeting of our targets and some opportunities to enter new positions. US Dollar is maintaining it’s strength, but the strength should come to an end soon as per our expectations. Eur Usd already started showing strength and should continue to show the same in the coming trading sessions. GbpContinue reading “FOREX MARKET THIS WEEK’s FORECAST”
WHAT SHOULD WE EXPECT FROM FOREX MARKET THIS WEEK ?
Hope you enjoyed a good profitable last week trading forex. Everything is doing well exactly according to our expectations. U.S. Dollar is maintaining it’s strength and is stable now. Initially the tension between Iran and America put some pressure on Dollar, especially in case of xau usd. Such type of incidents can never be predicted,Continue reading “WHAT SHOULD WE EXPECT FROM FOREX MARKET THIS WEEK ?”
DAILY FOREX OPPORTUNITIES
Happy and profitable new year to all of you and welcome back after holidays. While market is still in holidays mood, volume is not very much up to the mark. Speculation activities are heavy at this point of time. Brexit with no deal is probably possible as Boris Johnson seems to be in hurry toContinue reading “DAILY FOREX OPPORTUNITIES”