Weekly forecasts and technical analysis about forex and cryptocurrencies.
EURUSD Forecast for Forex Introduction After a disappointing week for some brokers, investors and other participants, we can see that the weekly candle ended with a Doji candlestick formation. Market participants could not decide the direction of the market, having seen the result from the job data that was released came in below expectation on […]
BTCUSD Forecast and Fundamentals for Bitcoin Introduction The Bitcoin BTC is preparing for the correction phase of the market therefore the weaker traders and OlympTrade investors should sell off their bitcoins to stronger hands. The market is still bullish in its overall trend. Some institutions and Indian brokers believe that the price value of BTC […]
USDINR Forecast & Technical Analysis for Forex Introduction The numbers in the cases of new infection are dropping in Indian which is boosting the Indian shares higher than we can see on the Indian forex platforms. The State bank of India SBIN and private-sector lender HDFC Bank were among the top boosts to the Nifty […]
EURUSD Forecast for Forex Introduction The currency market on the IQ Option forex platform for this trading week will have a lot of anxiety as traders, investors and other participants await the U.S central bank to release the minutes of its April policy meeting on Wednesday. We expect it to influence the direction of the […]
BTCUSD Forecast and Fundamentals for Bitcoin Introduction The introductions of new crypto coins like DOGE coin, SHIB token into the crypto market is drawing the attention of Indian brokers, Elon Musk, and other investors into the bitcoin saga and other asset class. BTCUSD Technical Analysis Monthly Chart Monthly Resistance Levels: 64666.80 Monthly Support Levels: 46930.00 Has Bitcoin […]
USDINR Forecast & Technical Analysis for Forex Introduction The Asian market has seen some recent gains against the weak Greenback in the past months on the Indian brokers platforms, and we expect it to continue for a while before the US dollar becomes strong. India’s Fundamentals The emerging markets with a focus on the Indian […]
EURUSD Forecast for Forex Introduction This week the U.S. Federal Reserve committee is to hold their meetings and Jerome Powell will read the outcome. Many participants would pay attention to the Forex platform such as OlympTrade for a decisive direction. Let’s dive into more recent events and significant chart levels. EURO and US News The […]
BTCUSD Forecast and Fundamentals for Bitcoin Introduction The joy of the India broker is the rate at which bitcoin has gained acceptance and risen since the first quarter of 2021. They hope to hit the $80000 mark in a few months to come if all things been equal. The Time Magazine announced it has accepted […]
USDINR Forecast & Technical Analysis for Forex Introduction On the India forex platforms, you can see that the U.S. dollar has shown a significant surge against the Indian rupee (USDINR) in the past week. It indicates that the U.S. economy is recovering from the impact of the covid19 crisis. India’s Fundamentals The Indian rupee has […]
EURUSD Forecast for Forex Introduction The US economy on the Indian forex brokers started Q1 on a good note. Its achievement in vaccine distribution reduced the number of affected cases in the US. Europeans had an increase of infected persons during the 2nd and 3rd waves of the covid-19 pandemic, leading to the lockdown extension […]