Analysis For Major Pairs

**Williams Taylor** · 03-04-17, 01:08

GBP/USD was overall bullish this week, but there was slight dip in between, as we saw the pair drops down to 1.24 level, it was mainly to do with the article 50 coming into play. But as soon as the obvious thing was done, it was back in high way and we saw the pair closing at 1.2550 and are likely to continue on same pattern.

**Williams Taylor** · 03-04-17, 01:14

USD/JPY was in mix plot this week, as we saw the pair going down but was able to hold on the levels and floated above 111 level, it is unlikely that we will see any significant move in the start of the week, but as we go ahead with events like NFP, it is likely to have change.

**Williams Taylor** · 03-04-17, 01:20

EUR/JPY had no confusion with the trend racing downside, it was heavily one way work this week, but as we enter into this week, it is all going to change, as we believe the momentum is going shift and long trade here is shouting to be placed.

**Williams Taylor** · 23-04-17, 15:21

Rising nearly 400 pips from the start was the hallmark of this pair last week. This move was totally unexpected and resulted from the present government in UK resigning and announcing a general election on 8 June 2017. It looks like a gamble which might or might not bring the party back to power! So at some time there would be this uncertainty and GBP could be hit. Brexit is a big thing as it affects various conditions after being in EU since beginning!

**Williams Taylor** · 04-05-17, 15:56

EUR/USD has been dipping with Dollar showing strong sign of improvement with rate hike for June becoming a real possibility! It is likely that we will see the pair staying steady right through before NFP comes into play. We are highly bullish on this pair for further ahead.

**Williams Taylor** · 04-05-17, 16:03

USD/JPY has been staying positive right throughout the week so far with Fed Interest Rate decision staying unchanged and as we go further, it will be NFP to talk about. The outcome of the event is likely to push the pair even higher. It won’t be bad time for buy here.

**Williams Taylor** · 04-05-17, 16:07

EUR/JPY pulled up nicely so far in the week with today also being every much steady, it is likely to stay on bullish note for rest of the week. It will be good chance to but if there is any correction, but we must not enter into any trade till there is clarity over the further direction.

**Williams Taylor** · 15-05-17, 01:20

GBP/USD this week has been bearish with big drop, but it did pulled back the closing which was mainly to do with Donald Trump’s action playing the lead role in pulling it down through the firing of FBI Director James Comey and also had warn him, it is likely that the effect will remain but still bearish trend is likely.

**Williams Taylor** · 04-05-17, 15:59

GBP/USD has dropped heavily so far this week, it has being slightly steady today but with NFP and some other major events to come, it is highly that we are going to see the thing turn, but we are strongly bearish on here, it will be good time for sell if there is some recovery.