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Category Archives for Forex Weekly Trading Overview

Weekly Outlook for 06 July 2020 to 10 July 2020

Last week, there was the closing of June and opening of July. Therefore, we have seen several usual counter trade movements that we mentioned in our last analysis. This week is the second week of July, therefore, we are expecting a counter-trend movement of last week’s direction.However, as the middle of July is approaching, a […]

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Weekly Outlook for 29 June 2020 to 03 July 2020

This week, the market is going to face the closing of June and the opening of July. as we know from the concept of the market cycle there is a possibility of reversal and volatility due to the profit-taking of institutional traders. Furthermore, COVID-19 is still keeping the global financial market volatility.Therefore, we made some […]

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Weekly Outlook for 22 June 2020 to 26 June 2020

The forex market is back with the volatility due to the COVID-19 second wave. Furthermore, the world economy is still under pressure, especially the Asian continent. The recent border kill in China may keep the Asian investor worried. However, the euro zone and US also keep providing negative economic releases, which is also enough to […]

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Weekly Outlook for 15 June 2020 to 19 June 2020

The week is started with the weakness in the Asian stocks due to the weaker than expected Chinese data. As a result, all Asian stocks were down today but as a trader, you should know how long the effect may sustainWithin June 15 to June 19, there are several important financial releases to provide a […]

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Weekly outlook for 8 June to 12 June 2020

The global economy is back after a long period of the shutdown and lockdown. Although the death rate is not satisfactory in some countries, there is no alternative to close the lockdown to make the economy stable.The COVID-19 pandemic was started from China and spread to the world from March 2020. Still, there is no […]

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Weekly outlook for 1 June to 5 June 2020

After almost 3 months of lock down and shutdown, many countries are deciding to start their regular business activity. Furthermore, after a lot of volatility and false moves, the market is back with liquidity. Therefore, we may see some solid movement this week. Let’s start the Weekly forecast with EURUSD- EURUSDThe EURUSD price broke above the […]

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Weekly Outlook for 18 May 2020 to 22 May 2020

The second wave of COVID- 19 is already in the air. Moreover, the trade war between the US and China is reactivated. Therefore, market volatility and uncertainty may increase.Earlier that the initial jobless claims were at roughly 30 million. Overall, there is still hopes that the situation may recoverLet’s start the Weekly forecast with EURUSD […]

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Weekly Outlook for 11 May 2020 to 15 May 2020

US Non-farm payroll seen the worse result in decades with almost 200k jobless claim. It is an indication the situation may worsen in the coming quarter.Earlier that the initial jobless claims was at roughly 30 million. Overall, there is still hopes that the situation may recoverLet’s start the Weekly forecast with EURUSD EURUSDThe EURUSD price […]

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Weekly Outlook for 04 May 2020 to 08 May 2020

U.S. GDP faded at a rate of 4.8% in the first quarter of 2020. It is a hint of what may come in the coming quarter.Consumer spending has declined as people have been restricted in their homes, which is the most evident signal of a record plunge in services consumption in March 2020. Therefore, the […]

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Weekly Outlook for 27 April 2020 to 1 May 2020

The worldwide financial market is very volatile for the last couple of weeks. There are lots of indecision and range-bound movement in most of the forex pairs. As the coronavirus pandemic is still in the air, investors and market participants are quite indecisive regarding where the price may set.This week consists of several essential releases […]

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Forex Weekly Outlook for 20 April to 24 April 2020

The Forex market is still very volatile due to the outbreak of coronavirus. However, the death rates have become to slow down in most of the countries but the nature of the virus is very threatening to the global economy. Therefore, the impact is not likely to end until the cure or vaccine is created.This […]

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