Theme: FOMC clear indication of short term inflation rise!! Long term is still weak. Technical: as I said earlier 1765 to 1680 is a broad range will play for next two three moths Before it breaks out to advance up. Fundamentals: All indicators are ...

update!! Theme : Last week CPI was a flop show- confused reaction- Tomorrow's Retail sales ( 16/03/2021) is now in focus. Fundamental : Retail sales- expected to rise > confirmation of Dollar bullish run. Vaccine recovery is pricing in, 10 year Bond ...

update Theme: CPI release might retest the low of 1680 , a good time to enter long OR remove the short positions. Fundamental: US CPI release will foster the inflation rhetoric and give push to dollar. Technical: Broad trading range of 1680 to 1765 ...

Update!! Missed by few points the target of 1680. I am anticipating that probably this is the lowest level (1687.14) we will see in 2021!!! Have a nice weekend to all. Trade Safe!! Cheers Tushar

update!! Theme: Finally J Powel tamed down the market and laid down the path for interest rates, asset purchase and finally a pragmatic target for max unemployment. Fundamental: Finally 10 year bond yield hit 1.557% ( at the time of writing) and ...

As US 10 year yield is again actively going up from 1.415 to 1.486 !! Dollar is again become active. Clear rejection at 1.20870 and showing signs of advancing towards 1.20115 or even lower in Tokyo and London session.

While US 10 year bond yield is taking Breathe under 1.5%. For today it looks the target can be 1.21630

an update. Theme: 1.5% for 10 year yield is the key. If the yield sustains above 1.5% for next week, very high chance Gold will soon touch 1680!! Be aware of Bulls!!

Hi all. Theme: Inflation rhetoric is getting stronger. Fundamentals: US Fed has made clear about their intention of Stimulus support and not worried about the its inflation reaction. As a results Treasuries are dumped, Yields and Dollar index is ...

Important levels to watch. next Support looks like at 1.20870.

update. Theme: Decisive next week , how dollar performs. Fundamental: Those who are shocked by the gold fall despite the bad NFP data (as generally touted). The most important component in NFP which affects the inflation is - average hourly earnings ...

update 2, still no fate in dollar recovery. the reaction zone is still intact 1865-1891. Still no clear direction. I think it will be clear only in the first week of Jan 2021. Not sure what fundamental thing will trigger the dollar upside or ...

update, looks like Dollar is gaining strength, The important support of 1865 looks at danger. It has opened the gates for 1840 or even 1810

Hi, Theme : Fate of the Dollar is now really depend of how market reacts to upcoming stimulus. Recent Reaction ollar reaction was mixed on FOMC economics projections. Initially it was bullish and later turned bearish. It shown clear effect on the ...

I have used the forex tester to back test to begin with the forex trader. https://forextester.com/video The user interface is similar to MT4/5, easy to start testing. You can perform all normal operations same as MT4 or MT5 It has News option with ...

I think we need to be cautious, market can swing in any direction. DXY= Bearish (broken the weekly support of 92.2) US10 Yield = Bullish with Daily flag break at 0.855 The pair break above 1.18880 must be treated with caution.

The support of 1865 is broken, Dollar is apparently looks bullish. Consistently the PA bellow 1865 will confirm the bearish sentiments.

Important levels to watch. This week I think the dollar direction will be clear. Its consolidating as result of positive because of vaccine and negative because of rising cases. As of last week the break below 1865 is prevented. but vulnerable to ...

Dollar Index is at Critical support of 92.172 looks very bearish. Its third day it didnt able to push up from the support, instead its playing around the support. In the absence of any economic release catalyst there is high change it might break ...

Levels to watch, there is nothing surprising tomorrow on the economic calendar to move the pair dramatically. 1.18540 looks nice place to enter long.