The uniqueness of the coronavirus situation causes the range-trading environment on the EURJPY, which is displaying the behaviour of a normal range. This means that traders can apply range trading strategies in order to examine the peculiarities of the current market setup [...]. Thereby, the purpose of the present analysis is [...] to outline the crucial points of interest within the boundaries of the underscored range.
Read full analysisIt follows that the PMI data in the EU and the UK could propel the EURGBP in either direction[...] the purpose of the present analysis is to examine the current state of EURGBP's price action. It aims to determine whether last week's bullish trend is going to be continued, or the formation of the recent consolidation range is an early indication that the direction of the price is ready to revert itself.
Read full analysisThe primary purpose of the present analysis is to examine the pair's price action and to evaluate the likelihood for the formation of a short-term price correction over the next following days. Respectively, it is also going to consider the underlying fundamental factors and examine the possibility for the establishment of a breakout above e crucial resistance level into uncharted territory.
Read full analysis[...] all of the necessary prerequisites for the execution of new trading ideas are present. This means that the anticipated boost in headline volatility could turn the USDCHF into the most exciting pair in the FX market over the next several days. That is why the current analysis examines the likely ramifications from FED’s recent monetary policy decision, as well as the prospects before the SNB ahead of its Thursday meeting.
Read full analysisThe exercise of patience is especially important now, given that the GBPJPY is nearing a significant price level and a potential turning point for the direction of its price action. That is why the present analysis examines the underlying evidence pointing to the likely continuation of the existing trend, as well as the available evidence in support of a potential trend reversal.
Read full analysisEach market downturn has its own saving grace among the most heavily traded financial instruments, and the Euro is proving to be the go-to currency in light of the recent coronavirus fallout on the global economy, similar to gold and the Japanese Yen. The demand for the Euro is high as investors and traders are losing their trust in the greenback, which has prompted a three-week rally on the EURUSD. [...]
Read full analysisSince the release of our previous analysis on the NZDUSD on the 3d of February, the pair has moved by more than 200 pips in our projected direction. In light of the recent global developments [...] the underlying market sentiment has changed dramatically. [...] the present analysis is aimed at underscoring those internal and external pressures in order to investigate the most likely development of the price action in the short run.
Read full analysisThe two central banks' interest rate decisions are almost certainly going to prompt even more volatility than the one that is currently underpinning the AUDCAD's price action, which consequently creates some quite exciting trading opportunities. [...] The purpose of the current analysis is to [...] highlight the most likely outcomes of the two monetary policy meetings to establish the next direction in the development of the AUDCAD.
Read full analysisThe purpose of this analysis is to advance a detailed examination of USDCHF’s price action and its current behaviour in light of the ongoing coronavirus situation as it continues to develop and to underpin the likely turning points in its direction. Thereby, the ultimate goal of the analysis is to highlight how and when such range-trading strategies can be applied with the greatest expected returns.
Read full analysisSome traders like to think of CADJPY as a commodity-driven pair, given the loonie’s strong correlation with the price of crude oil and the yen's usage as a safe-haven asset similar to gold. Because of that [...] it's price is frequently driven by external pressures such as the coronavirus's global spread. This analysis delves into the current behaviour of the pair and investigates the likely impact of COVID-19 on its price action.
Read full analysisThe uniqueness of the coronavirus situation causes the range-trading environment on the EURJPY, which is displaying the behaviour of a normal range. This means that traders can apply range trading strategies in order to examine the peculiarities of the current market setup [...]. Thereby, the purpose of the present analysis is [...] to outline the crucial points of interest within the boundaries of the underscored range.
It follows that the PMI data in the EU and the UK could propel the EURGBP in either direction[...] the purpose of the present analysis is to examine the current state of EURGBP's price action. It aims to determine whether last week's bullish trend is going to be continued, or the formation of the recent consolidation range is an early indication that the direction of the price is ready to revert itself.
The primary purpose of the present analysis is to examine the pair's price action and to evaluate the likelihood for the formation of a short-term price correction over the next following days. Respectively, it is also going to consider the underlying fundamental factors and examine the possibility for the establishment of a breakout above e crucial resistance level into uncharted territory.
[...] all of the necessary prerequisites for the execution of new trading ideas are present. This means that the anticipated boost in headline volatility could turn the USDCHF into the most exciting pair in the FX market over the next several days. That is why the current analysis examines the likely ramifications from FED’s recent monetary policy decision, as well as the prospects before the SNB ahead of its Thursday meeting.
The exercise of patience is especially important now, given that the GBPJPY is nearing a significant price level and a potential turning point for the direction of its price action. That is why the present analysis examines the underlying evidence pointing to the likely continuation of the existing trend, as well as the available evidence in support of a potential trend reversal.
Each market downturn has its own saving grace among the most heavily traded financial instruments, and the Euro is proving to be the go-to currency in light of the recent coronavirus fallout on the global economy, similar to gold and the Japanese Yen. The demand for the Euro is high as investors and traders are losing their trust in the greenback, which has prompted a three-week rally on the EURUSD. [...]
Since the release of our previous analysis on the NZDUSD on the 3d of February, the pair has moved by more than 200 pips in our projected direction. In light of the recent global developments [...] the underlying market sentiment has changed dramatically. [...] the present analysis is aimed at underscoring those internal and external pressures in order to investigate the most likely development of the price action in the short run.
The two central banks' interest rate decisions are almost certainly going to prompt even more volatility than the one that is currently underpinning the AUDCAD's price action, which consequently creates some quite exciting trading opportunities. [...] The purpose of the current analysis is to [...] highlight the most likely outcomes of the two monetary policy meetings to establish the next direction in the development of the AUDCAD.
The purpose of this analysis is to advance a detailed examination of USDCHF’s price action and its current behaviour in light of the ongoing coronavirus situation as it continues to develop and to underpin the likely turning points in its direction. Thereby, the ultimate goal of the analysis is to highlight how and when such range-trading strategies can be applied with the greatest expected returns.
Some traders like to think of CADJPY as a commodity-driven pair, given the loonie’s strong correlation with the price of crude oil and the yen's usage as a safe-haven asset similar to gold. Because of that [...] it's price is frequently driven by external pressures such as the coronavirus's global spread. This analysis delves into the current behaviour of the pair and investigates the likely impact of COVID-19 on its price action.