Weekly forecasts and technical analysis about forex and cryptocurrencies.
EUR to USD Forecast for Forex in India EURUSD Introduction Speculations on fiscal stimulus by President-elect Joe Biden bumped up the US Gov bonds and consequently holding the Greenback above three-year lows. An increase in ten-year Treasury yield was witnessed following a CNN report of the stimulus estimated at two trillion USD, buffering the USD […]
BTCUSD Forecast and Fundamentals for Bitcoin Introduction This week, Bitcoin BTC attains a new ATH on India forex trading platforms, inching closer to the 36k to 50K ranged earlier priced by traders on the Options market. Upon hitting the 41K round-number mark at press time, the number one crypto asset made a sharp price correction […]
USDINR Forecast & Technical Analysis for Forex Introduction The USD seems to hold its own against the Indian Rupee as seen on online trading platforms despite a sharp plunge in the USD Index (DXY). Let’s touch on interesting fundamental events as well as technical chart patterns driving the USDINR exchange rate. India’s Fundamentals This week’s […]
BTCUSD Forecast and Fundamentals for Bitcoin Introduction At the Options market, traders are already pricing a Bitcoin price increase to $36K and $50K, a confirmation that a substantial number of OlympTrade traders OlympTrade traders are optimistic of a bull run in Q1 2021. Bitcoin BTC already trades at a new all-time high above $24K on […]
EUR to USD Forecast for Forex in India Introduction Vaccine roll-out boosts global markets and a similar boost in the Euro from hopes of a good Brexit. The EURUSD is green across India forex trading platforms following the recent developments with the coronavirus vaccine and a lifting of the Eurozone lockdown. This post will go […]
USD/INR Forecast & Technical Analysis for Forex Introduction The USDINR shows a slowing in bearish momentum on platforms at Olymp Trade despite an upward trend on the NIFTY50 Index. Should we expect a slump in the exchange rate in favor of the Indian Rupee? Let’s follow a top down time frame analysis on the USDINR […]
BTCUSD Forecast and Fundamentals for Bitcoin Introduction Bitcoin price attains a new (ATH) All-time high on some exchanges such as Bitstamp and Binance after hitting the $19800 mark. Also, an essential driver of the number one crypto asset is the acceptance by PayPal in October. Best Indian brokers are expected to see an increase in […]
EUR to USD Forecast for Forex in India Introduction EURUSD Traders and investors across online trading platforms, such as OlympTrade, are waiting for information on the distribution of the virus vaccine by W.H.O. (World Health Organization), considering the benefits it brings to the society at large and how it will affect the financial market. Fundamentals […]
BTCUSD Forecast and Fundamentals for Bitcoin Introduction The US election has triggered another sentiment in the market as investor awaits the final declaration of the election’s presidential winner. The COVID-19 experience was an excellent pointer for institutions, Top brokers in India, and other investors as they saw the benefits of the cryptocurrencies during the pandemic. […]
EUR to USD Forecast for Forex in India Introduction The US election has come, and the winner is Joe Biden, a Democrat, which means that some policies will change during the new administrator. Indian Traders, investors, and other instructions will want to know how it will affect their business, looking at the forex platforms in […]