Weekly forex forecasts and technical analysis.
EURUSD Forecast for Forex Introduction Market analyst at OlympTrade OlympTrade believes that the equities market’s recent events are more of a fluctuation than a top out of the stock markets, which he considers the bulls will come in and buy the dips. Tesla shares slumped owing to a 12.1% plunge in the BTCUSD after the […]
BTCUSD Forecast & Technical Analysis for Forex Introduction India’s new move to potentially ban cryptocurrencies and the parliament speeding up a crypto bill sends panic across the Indian crypto and India broker community. Reports from CNBC-TV18 news outlets show that India’s government may take a legislative approach towards the ban of cryptocurrencies while establishing a […]
EUR to USD Forecast for Forex Introduction The US and UK economies recently show strength against the Euro on India forex trading platforms, following positive sentiments towards the expected US stimulus package and the UK’s lead at delivering the COVID-19 vaccines. Read on for more on the events and chart patterns moving the EURUSD exchange […]
USDINR Forecast & Technical Analysis for Forex Introduction The Greenback is slowly giving way to the Indian Rupee on all India Forex Trading brokers, ahead of more stimulus package from the Biden-Harris administration. The USD Index shows signs of continuing the downward spiral. Read on for more insights into the events driving the USDINR exchange […]
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 […]
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 […]
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 […]
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 […]
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 […]