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.
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.
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.
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.
EUR/USD has been running steadily without any major push either side. However it is fair to say that the momentum is looking at bullish side, so it will be interesting where things head next. We have to be very wise with how we play it out. We are bullish on this pair as we go ahead.
GBP/USD was bearish last week, but it picked up before closing out and this week so far, it has remained on similar lines with the signs for bullish trend is continuing ahead. So, it will be interesting where it leads next but we are still bearish on this pair.
USD/JPY has been very slow and steady throughout the last week, but has shown noticeable jump this week on the opening day, it’s likely that we will see the push coming in as we go ahead in the week, bust still we see bearish trend working out overall.
EUR/JPY was steady last week on the higher side, but there is still plenty of hesitant in the moment, it tells us that there are still plenty of huddles that are required to be cross in order to get things in right way, but we are confident of the bullish trend.
USD/CHF was touch bullish last week, but things have turned somewhat and hints are coming up for bearish trend to join in, so it will be interesting as how far it all can go up. It will be good chance to have buy here if here is any further dip.
EUR/USD has stayed steady throughout the week so far, it’s unlikely that we will witness any dramatic change but there are some major events that are going to take place, so that can change the picture pretty quickly. However, we believe that the trend is likely to remain neutral!
EUR/USD is looking in neutral trend as of now, but the momentum is sure to push it down again. If we see by SAR indicator, it clearly shows that the push is still for bearish; it will be good opportunity to go for shorts here.
EUR/USD this week started in bullish fashion, and has continued that way so far. We have seen in recent weeks it dropped fair bit, but now things are on the recovery note, and the trend is all very much turned. We could see it come near the 1.20 level, at the current trend!
GBP/USD this week was very much mixed, as we saw up/down movements. Overall, the trend is very much neutral and right now, there is really no way anyone can talk about where it’s heading. So, it is not the right situation to go for long term trades!
USD/JPY saw things working up nicely this week as the pair shoots up to reach near 114 levels; it’s likely that we will see it come near the 115 level with the way situation is developing. It is a good time to get into long trade if we see any kind of dip coming over!
EUR/JPY went absolutely nuts this week, as we saw it carry up over 200 pips, it is highly likely that we will see it continue on similar fashion ahead as well without any major thing to point out. How far it is going to go is the question that will be asked by many out there!
GBP/USD has gained nicely in last couple of days crossing 1.30 level once again after 2 weeks. But, as we go ahead in the setting, it can be said that we will see a drop again and the pair going below 1.30 level. So, we are very much bearish on this and consider this is an opportunity to go for short.
USD/JPY has been running on lower side but the pair has picked up somewhat. We can still see huge room for the trend to turn, but there is plenty of uncertainty around which is what making this not right time. However, we are very much bullish on the pair and consider it good chance for long trade.
EUR/JPY has been running on higher side but at very steady pace. It’s highly unlikely that we will see any dramatic change occurring, but we do see the trend getting more neutral. So, it’s not exactly the ideal time for long term trade, but can work well for scalping with so much sideway movements.
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