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Weekly Outlook for 20 July 2020 to 24 July 2020
Despite the geopolitical uncertainty regarding the COVID-19 outbreak and US China trade war, there are several trading possibilities this week as the market is going through volatile market trends. Therefore, we might not see solid impulsive pressure in any direction but we can generate a good profit by increasing the number of trades and decreasing […]
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Weekly Outlook for 13 July 2020 to 17 July 2020
This week in the middle of July. Therefore, we are expecting a trend continuation is most of the major currency pairs. Therefore, there are many trading opportunities in most of the major countries.Let’s start the Weekly forecast with EURUSDEURUSDThe EURUSD pair is trading above the 1.1200 for the last 3 weeks. As we mentioned in […]
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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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