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- forexsvenska replied Jul 5, 2020
Price is still pressed within the descending channel. If we zoom in into the 4H and Daily chart, the price keeps on making lower low. Reopening of the market gives the boost and risk on mode. More oil consumption is coming while OPEC+ cuts the ...
- forexsvenska replied Nov 8, 2015
USD/JPY Market Psychology/Sentiment. The end of the year seasonal trend of buying USD continues against all majors. Since NFP data was released during the European and US session, therefore Japan, NZ and Aussie banks have yet to respond to the ...
- forexsvenska replied Oct 26, 2015
Seasonal trend Buy USD against all currency pair from end of October till December. For commodity currencies - continue to buy USD against them till end of January Sell USD against EUR and GBP in January. Buy Commodity currencies against USD in ...
- forexsvenska replied Oct 25, 2015
Further analysis. Stochastic Daily - Overbought 4 H - Overbought with bearish divergence 1 H - Overbought with bearish divergence RSI (14) Daily - Currently at 65 - clearly an uptrend has formed. 4 H - Overbought with bearish divergence 1 H - ...
- forexsvenska replied Oct 24, 2015
FOMC is coming this wednesday with market expectation of no rate hike (only 6 % probability on bloomberg survey) but market is waiting for any signal from the statement that hints for possible December rate hike, thus usd/jpy will go down. Probably ...
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