NZDUSD in Bearish Bias in the Weekly View
NZDUSD is in bearish bias in the weekly chart The Pair NZDUSD is in bearish bias in the weekly chart.…
admin
GBPUSD range is becoming smaller
GBPUSD Expected a Breakout GBPUSD is moving sideways from some days. The trading range is becoming smaller with the maintaining of a falling edge. The main support at 1.2775 and the price will be bullish until the price breaks down this support. The nearer support at 1.2960. If this support will be held then price … Read more
NZDUSD is falling from Support
After testing the resistance area twice NZDUSD is now falling towards the support at 0.6715. This support is an important zone because if the price can break this support more falling towards 0.6590 will be initiated. But a strong rejection from this zone can move the price again to the upward direction.
EURUSD BREAKOUT IS EXPECTED
EURUSD has been traded in range bound condition from several months. It has broken a range on the downside on 7th March, 19, but then it has entered to a new range, the upper boundary on the new range is 1.1450 and the lower boundary of the range is 1.1175. It is now heading towards … Read more
EURUSD Weekly Technical Analysis July 29
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]EURUSD Technical Overview The EURUSD pair remains in range and moving sideways after the ECB and US GDP economic data. After an upside push, the pair bottomed at 1.1620, on Friday that is the lowest since July 19. Currently, the strong support at 1.5740 and it’s too early to predict bearish without breaking this support. … Read more
How We made +105 PIPs NFP Release
[vc_row height=”medium” color_scheme=”secondary”][vc_column][vc_column_text] Trading Non-Farm Payroll Data NFP Trading Opportunity and Risks [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][us_post_date css=”%7B%22default%22%3A%7B%22padding-bottom%22%3A%2230px%22%7D%7D”][vc_column_text] What is Non-farm Payroll? It is the most important piece of information about the fundamental economy in the United States. It significantly moves the forex chart in one direction or another. Non-farm payroll data is the key fundamental indicator … Read more
Ahead of NFP our Trading Positions
[vc_row height=”small” color_scheme=”secondary”][vc_column][/vc_column][/vc_row][vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]Ahead of August Nonfarm Payroll (NFP) report today the dollar is trading with a comparatively strong. ADP survey data were also surprised that the private sector added 237K whereas the expectation was 185K. The ADP data was higher than the last 5 months. All other relative data showing US job sector … Read more
EURUSD is continuing bullish with the target of 1.2040.
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text] After a short-term bearish retracement, eurUSD is again moving bullish. It has broken its recent high on last Friday. There are some short-term supports at 1.1890 and 1.1846 and these are the possible targeted zones of bearish corrective movement. Still, we have not found any indication of USD strength. So it is … Read more
EURUSD in consolidation with a short term downside bias.
In the technical overview EURUSD remains with in a consolidation from some days. The main bias is still bullish as it breaks the support at 1.1710 and 1.1612. Now the pair is moving slowly with a short term downside bias. The movement is corrective now and it is too early to call any types of … Read more
EURUSD is in Bearish Retracing Movement, Preparing to be Bullish Again.
EURUSD has broken a large range and hold above it. Now we are having a retracing bearish movement. There is a support at 1.1713 that could be the target of this retracement. The next target of the bullish movement could be the level of 1.2034 which is offering a resistance.