Weekly forecasts and technical analysis about forex and cryptocurrencies.
Introduction Forex brokers, investors, and retail traders have seen how the Greenback has attracted more funds into their economy by increasing the interest rate over some time. The US dollar has been able to recover the distance it lost to the Euro since the covid-19 crisis which saw the euro hit the 1.23110 mark. As […]
Introduction The recent dip in the crypto market has made the Indian brokers observe the reaction of price and what is likely to happen in the crypto industry as the market cap dropped below $1 trillion by 2021. The close price below the psychological zone of 25500 has increased the bearish momentum in the market. […]
Introduction Long term traders’ sentiment favors the upside momentum on the forex platform as the USDINR continues to print higher peaks and valleys on the weekly time frame, since 07 June last year. Last week’s bearish closing hidden inside bar suggested an accumulation of sell order, however, the bulls have shown that it’s not sufficient […]
Introduction Top Forex brokers have seen the market sentiment moving in favor of the US dollar as investors move their investments into a safe haven since the war in Ukraine continues and the Russian aggression increases against the people of Ukraine. The European Union has been deliberating on the new sanction to impose on Russian […]
Introduction The best Indian brokers may begin to see the long-term position traders closing out their trades as they see the BTC chart break below the psychological zones to bottom at a new low should the bearish momentum continue. Some analysts say that the price may bottom at the $12K or $9K depending on the […]
Introduction The bullish run on the USDINR pair has broken out of the 77.00 resistance level by the previous week’s candle, the bullish trend may continue in the following weeks but the price may retest the zone on the OlympTrade forex platform before the trend continues or reverses. India’s Fundamentals The Indian authority unveiled its […]
Introduction Crypto brokers in India welcome the recent step taken by the SEC to tackle frauds in the crypto market as a means of protecting innocent investors according to the chairman of SEC Gary Gensler. The Securities and Exchange Commission is ready to crack down on the criminal activities in the digital asset market. BTCUSD […]
Introduction The USDINR pair has been bullish for some weeks and the trend may likely continue as you can see on the online forex platform. India is likely to become the third-largest consumer economy by 2025 as its consumption may triple to $4 trillion based on the consumer behavior and expenditure pattern based on BCG’s […]
Introduction The forex platforms are expected to see some reaction from traders and other market participants as the EURUSD price approach the pre-pandemic zones. The last ECB meeting was a disappointment for the Euro currency as the members left monetary policy unchanged and no date was set for ending the Asset Purchased program. EURO and […]
EURUSD Forecast for Forex Introduction This week’s trading activity started with a gap in the financial market as the economic and political uncertainties are on the rise and investors’ and Indian forex brokers’ sentiment is not certain. The decision of the Federal Reserve on the sharp interest-rate hikes and balance sheet reduction is aimed at […]