Forex

Things you need to Know about Cross Currency Derivatives

Both NSE & BSE received approval from SEBI to launch Cross Currency Derivative Pairs EURUSD, GBPUSD, USDJPY. The trade timing in pair currency...
Rajandran R
36 sec read

USDJPY – Short Term Bottom Done Despite Rising Yields?

USDJPY currently trading around 108.71 with relatively thin volumes as Japanese markets are in holiday and despite rising US Markets and 10-year note yield...
Rajandran R
30 sec read

USDJPY – Short Term Bottom Done Again as Korean…

USDJPY tested April 2017 low on fears that Pyongyang (North Korea) would launch another missile test over the weekend, which had added to last...
Rajandran R
24 sec read

EURUSD Trend Overview for July 2017

EURUSD on the monthly timeframe trading in a larger balance between 1.0482 and 1.145 (rough estimate) since the start of 2015. Its been more...
Rajandran R
28 sec read

EURUSD Trend Overview for April 2017

EURUSD on the monthly timeframe trading in a larger balance between 1.0482 and 1.145 (rough estimate) since the start of 2015. Its been more...
Rajandran R
47 sec read

EURUSD Outlook – Euro Traders Await the Fed

The EUR/USD consolidated its recent gains following a surge in the exchange rate in the wake of the ECB meeting. While the central...
Rajandran R
1 min read

EURUSD Forming W Pattern – Short term Outlook –…

EURUSD is consolidating on the monthly and Weekly timeframe and negative sentiment prevail there. However on the Daily charts trading sentiment turned positive. Since...
Rajandran R
22 sec read

Will the Dollar Get Weaker Under President Trump’s Administration?

Since 2014, the Dollar has increased by 25% against a basket of major currencies. After President Trump’s election, the value of the greenback has...
Rajandran R
1 min read

GBPUSD Long Term Trend Reversal in Play?

Pound is trading around 1.2494 and currently monthly sentimental RSI turned positive and likely to continue positive in the long term. It had almost...
Rajandran R
33 sec read

Impact of Demonetization on Rs 500 and Rs 1000…

Though Governments demonetization is a welcoming move to remove black money, fake currency, corruption and terror financing from the system, it is a...
Rajandran R
1 min read

Here’s What Makes Elliott Waves a Useful Forex Tool

Some Elliott wave forex traders do watch the news — but for different reasons By Elliott Wave International Last Friday, EURUSD rallied strongly. Said...
Elliott Wave
2 min read

U.S. Elections May Affect Online Forex Trading

Any trader of foreign currencies likely understands the influence that both local and international politics have on currency values. Successful online forex trading involves...
Rajandran R
1 min read