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Category Archives for Forex Weekly Trading Overview

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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Gold Bears Rejected the $1695 Support Level- Can it Move higher?

The gold price failed to have a daily close below the $1695 support level. Therefore, the price remains to trade above the buyers’ zone but can it create a new higher high? Read more into today’s Gold Technical Analysis. Gold managed to have a bearish rejection and a bullish daily close above the $1695 support level. […]

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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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Forex Weekly Outlook for 13 April to 17 April 2020

The Federal Reserve and other central banks have expanded their easing programs. Now the question raises how the easing programs will affect the currency of that particular country. It seems like central banks are becoming money printing machines, and its effect will not be excellent.The economic activity after the COVID-19 outbreak is still on the […]

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Weekly Outlook 30 March 2020 to 3 April 2020

Weekly Outlook contains economic news from all over the world including the US, the UK eurozone and Japan. As we know the current coronavirus outbreak expanded in the USA.  Therefore, we may see a lot of volatility in the price. So traders are recommended to minimize lot size in trading.Let’s see the weekly outlook with […]

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Weekly Outlook for 23 March 2020 to 27 March 2020

Weekly Outlook contains economic news from all over the world including the US, the UK eurozone and Japan. As we know the current coronavirus outbreak around the world is using a lot of pressure towards most of the central band including the Federal Reserve Bank of Canada and Bank of England.  Therefore, we may see […]

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Weekly Forex Outlook for 16 March to 20 March

The overall forex market is very volatile due to the current uncertainty regarding the coronavirus outbreak. Therefore, there is a possibility of market volatility and uncertainty until the whole week.Despite the current uncertainty, there is a possibility of a nice market movement in most of the currency pairs. Moreover, the volatility index also supports the […]

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Forex Weekly Outlook for 2 March to 6 March 2020

The weekly video commentary has some potential movement in most of the major currency pairs. As we know this is the first week of the month, there are certain possibilities for correction of last week’s movement. Moreover, the global financial market is very volatile due to coronavirus and market crash. Therefore, you are not expecting […]

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