Daily Analysis Report 27 Jan ‘2022 EUR/USD During the Asian session, the euro fell moderately versus the US dollar, testing the level of 1.1220 for a break and updating local lows from November 26. Although the US Federal Reserve did not report anything specific, the dollar received moderate support from…
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Daily Analysis Report 26 Jan '2022 EUR/USD During the Asian session, the euro had flat trading dynamics against the US dollar, maintaining the support of 1.1300 and the local lows of December 21 last year, which were reinforced yesterday. Market traders prefer to wait for the release of today's minutes from…
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Daily Analysis Report 25 Jan '2022 United States of America: The dollar is rising versus its key rivals, the EUR, JPY, and GBP. The dollar is surging ahead of the US Federal Reserve's two-day meeting, which will be the first of the year for regulators. Investors will be looking for clues and…
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Daily Analysis Report 24 Jan '2022 The Nasdaq 100 is ringing a bearish bell. Before the FOMC, the US economy slowed. TALKING POINTS FOR THE QQQ NASDAQ 100 ETF, THE S&P 500, THE DOLLAR, AND THE AUD/CAD: Bullish AUDCAD above 0.9075 after BOC.Bearish QQQ Nasdaq 100 on a further break of 350.Bearish…
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What is Swing Trading and how does it work? Meaning and Methodology of Swing Trading for Forex Traders: Daily, the forex market sees a diverse range of trading tactics, with its advantages and disadvantages associated with each. In contrast, some methods have a better track record than others in generating…
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Daily Analysis Report 21 Jan '2022 Today's Market Review: EUR/USDDuring the Asian session, the euro is displaying mild gains against the US dollar, recovering from a fall the day before. As a result, EUR/USD has reaffirmed its local lows since January 10. Yesterday's macroeconomic numbers from the euro area, which again…
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Daily Analysis Report 20 Jan '2022 EUR/USD During the Asian session, the European currency grew slowly against the US dollar, developing a faint "bullish" momentum established the day before, when EUR/USD withdrew from its local lows of January 10. The single currency's rise is mostly attributable to technical issues, although investors…
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Daily Analysis Report 19 Jan '2022 EUR/USDDuring the Asian session, the euro is dropping against the dollar, testing 1.1400 for a break and waiting for new drivers to emerge. Investors will be focused on today's meeting of the European Union's Economic and Financial Affairs Council, as well as a block…
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Fundamental Analysis Report 18 Jan ’2022 Today's Market Analysis and Review: The Bank of Japan has made an interest rate decision. The Bank of Japan's interest rate decision will be announced at 05:00 (GMT+2), followed by a news conference. The key rate is projected to remain unchanged at –0.10 percent, where it…
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Technical Analysis Report 18 Jan '2022 NZD/USD: New Zealand's currency is rapidly sold by investors.The current state of affairsDuring the morning session, the New Zealand dollar is falling considerably versus the US dollar, updating local lows from January 11. After a quiet Monday, the "bears" returned to the market and…
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Daily Analysis Report 17 Jan '2022 Cryptocurrencies Review of the last week and the predictions for this week:The cryptocurrency market attempted to grow in the preceding week. As a result, the most valuable assets improved their positions. BTC was trading at 42800.00 (+1.2%), while ETH was trading around 3300.00 (+3.5%).…
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What is the best time to trade in Forex? When the Forex (foreign exchange) market is most active, it is the best time to trade. Trading spreads are the prices that have (the difference between the bid and ask prices) tend to reduce during this time. In some cases, less…
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Daily Analysis Report 13 Jan '2022 Today's Analysis for Silver:Metal quotations are forming a "bullish" surge, according to XAG/USD.The current state of affairsSilver prices have been steadily rising, with local highs from January 5 is updated. The quotes are backed by the weakest positions of the US dollar, which is…
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Daily Analysis Report 12 Jan '2022 Today's Market Review: EUR/USD During the Asian session, the European currency is trading flat against the US dollar, stabilizing between 1.1370 and local highs from January 3. Investors are waiting for the release of December consumer price dynamics information from the United States, released…
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Daily Analysis Report 11 Jan '2022 Today's forecast for EUR/AUD: Let's have a look at the chart over the last four hours. The Tenkan-sen line is higher than the Kijun-sen line, the red line points downwards, and the blue line is horizontal. The Chikou Span confirmation line is above the…
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Daily Analysis Report 10 Jan '2022 EUR/USD During the Asian session, the European currency displayed a modest decline versus the US dollar, reversing a substantial surge last Friday, when investors were actively buying the single currency on the release of encouraging macroeconomic numbers from Europe. In December, the euro area's Consumer…
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Understand basic details of Crypto Trading Over 10 crore Indians possess cryptocurrency, according to a recent news story. During the upcoming times, the number is likely to rise much more. Like stock and commodity trading, Crypto trading comes with its own set of risks and drawbacks. Market participants must develop…
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Daily Analysis Report 07 Jan '2022 Wave analysis for the USD/JPY.The pair is undergoing a correction and may continue to rise. The third wave of the upper level 3 of (1) is developing on the daily chart, within which the first wave of the lower level I of 3 formed,…
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Comparison and Analysis of Multiple Currency Pairs Today's forecast of EUR/AUD: Let's look at the four-hour chart. The Tenkan-sen line is higher than the Kijun-sen line, the red line points upwards, and the blue line is horizontal. The Chikou Span confirmation line is above the price chart, and the…
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Daily Market Reviews 05 Jan '2022 Comparative Analysis of multiple currency pairs: Today's comparison of USD/CAD: The currency pair may develop. On the daily chart, a downward correction formed as the fourth wave of the higher level 4 and the fifth wave 5 began to develop, within which the fifth wave (1) of…
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