Market Analysis

EUR/USD was relatively mixed with the pair starting up in low levels before tuning up high. It was eventually bullish before the week closed out, so it could be a good opportunity for us to go for shorts during first 24 hours in the day.

GBP/USD was extremely bearish this week as we saw things get ugly with pair dropping nearly 600 pips. We are highly likely to witness things move in same way ahead too. So it will be a good chance for us to go for shorts with overall market pushing for it.

USD/JPY was very much mixed with things not taking any proper side. However, in long run it is fair to say that we will be overall looking at bullish trend in the week to come. So it will be sensible for us to go for option to gain through.

EUR/JPY started up with the negative trending but was quick to pick up and then went smoothly. And the week closed in similar fashion, so we are likely to see it move in same direction. It will be good time to go for buy but better if done with some pull back.

EUR/USD was negative to begin the week but things turned quickly in past 48 hours. We are highly likely to see things continue on growth with elections coming up.

GBP/USD was neutral during the week without any major news to look upon. It is highly likely that we will see same level of movement ahead too, so we should aim for shorter trades to benefit.

USD/JPY was slighly on the higher side, as we saw things climb steadily. It is likely to stay in mixed zone without any major news to have it with clear directions, so right now, it is a wait and watch scenario.

EUR/JPY was very bullish this week, as we saw the pair claim towards 125 levels. It is highly likely that we will witness similar lining ahead too, so good chance to get in if there is any kind of pullback, but it should be done with right level of risk management.