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Weekly Forecasts & Analysis

EURUSD – Weekly Outlook for 3rd June 2022

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 […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 28th May 2022

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 […]

USDINR – Weekly Outlook & Analysis for 19th May 2022

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 […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 5th May 2022

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 […]

USDINR – Weekly Outlook & Analysis for 29th April 2022

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 […]

EURUSD – Weekly Outlook for 22nd April 2022

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 – Weekly Outlook for 15th April 2022

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 […]

USDINR – Weekly Outlook & Analysis for 10th April 2022

Introduction News about the Feds meeting will keep traders off the online forex platform until the chairman of the FOMC finishes addressing the market participants on the interest rate hike and their projection on inflation. The USDINR has been bullish for some days and the trend may likely continue. India’s Fundamentals  The Indian households across […]

EURUSD – Weekly Outlook for 1st April 2022

EURUSD Forecast for Forex Introduction The Euro currency is expected to make some gains as we expect the peace talk between the Russia and Ukraine representatives to take a positive direction. Traders in India will also be paying attention to the forex platform as the US (NFP) news released during the trading week, a positive […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 25th March 2022

Introduction Indian brokers have seen how the price of bitcoin broke out above the $40000 level severally this year but have not dominated the zones. The price of bitcoin has been ranging between the $30000 low and the high of $45000.  Can the long position traders breakout convincingly above the resistance zones or the sellers […]