EU has been running pretty high in last couple of weeks and the trend is likely to continue on the run, but it might still be good chance to go for short trade. But, we need to time it very carefully and avoid unnecessary risk for taking.
GU has gained fair bit reaching near 1.32 levels, but has dropped 200 pips in last couple of days after the NFP, it’s highly likely that we will see some pickup happening, it will be good opportunity for all to go for buy.
UJ has been running very steadily on downside, it has picked up in last few days after the NFP event, but overall, it still looks very much into bearish trend, so won’t be bad time to enter into sell right now, it can leap us great rewards without risk.
EJ has been moving steadily without any major gains, but the range is steadily going high, it’s not bad chance to go for buy, but we just need to make sure we trade with proper way and look for the right direction to trade on or else it could be risky.
AU has gained very highly in last few months and the momentum looks on high, but in last few days we have seen some dropping, but the overall scheme looks very much for bulls, so it will be interesting where it all goes.
This pair has gained momentum from last couple of months and it has continued on that note as well. However, we can see that the momentum has remained pretty much on lower side, so it can be good time to make an entry into trade.
This pair is running quickly downside and the slide is unlikely to stop anytime soon. It could be pretty good opportunity to go for short here, but some pickup might be the right option to set in. As overall, the trend is pretty much set for bearish mode.
EUR/USD has remained very steady this week, but was on lower side so far. It will be interesting where it leads this week. We are bullish with how things are going and if the pair crosses 1.20 levels, it might test out 1.22/23, so it all will be really interesting!
GBP/USD was massively high this week with the pair breaking pass 1.3500 levels and eventually, the pair closed down at 1.3590 level. It is highly likely that we will see some drop but the trend is very much on high and could be still good opportunity for further buy.
USD/JPY has gained really well throughout the week as we saw the price jumping nearly 250-300 points. It is likely to stay on upper side, but the overall trend is still not massively bullish, so steady way is the way forward for going with doing things.
CHF/JPY is running on a bearish trend and with the way scenario is developing; it is likely to continue on similar fashion. So, it can be good opportunity to get into sell, but we need to be extremely careful with how we go about with doing thing s until there is certainly over the trending.
AUD/JPY has been running on bearish trend with the momentum pushing further down, so it will be good opportunity to go for shorts here. However, we need to be wise that we don’t enter at peak instead we should rather wait up for slight recovery before making the move.
NZD/JPY has been running on bearish trend with not having any thoughts of recovering, as we speak. It could change up in next few days or weeks, but right now there is just one direction and that’s down, it can be pretty good time to go for shorts here.
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