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Weekly Forecasts & Analysis

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 6th August 2021

BTCUSD Forecast and Fundamentals for BTC Introduction The Indian government announced plans to introduce its own digital currency soon known as e- RUPI. The cashless and digital payment system will be on mobile phones in form of a QR code or SMS string, there will be no physical interface between the beneficiaries, sponsors, and service […]

USDINR – Weekly Outlook & Analysis for 31st July 2021

USDINR Forecast & Technical Analysis for Forex Introduction The Bullish run of USDINR in the brokers in India has slowed down in July because of the new variant of the coronavirus that is threatening the recovery process and progress of the global economy.  Negligence of the healthcare system in Indian made it incapable to handle […]

EURUSD – Weekly Outlook for 24th July 2021

EURUSD Forecast for Forex Introduction The U. S dollar has shown a sign of strength on the IQ Option platform as market participants expect the U.S economy to improve and become stable amidst the recent development of the variants.  The greenback recovered and climbed above the three-month peak compared to other major currencies as the […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 16th July 2021

BTCUSD Forecast and Fundamentals for BTC Introduction The Taproot is a soft-fork that works on the Bitcoin network. It will interest the Olymp Trade investors that the Taproot is to improve privacy, encoding, speed, and scripting capabilities. The state of bitcoin is still attracting investors as the asset class has proven to be a reliable […]

USDINR – Weekly Outlook & Analysis for 11th July 2021

USDINR Forecast & Technical Analysis for Forex Introduction The India forex platform has seen volatility in the market in recent weeks as momentum returns to the major currency in the market. Another Fed meeting is expected to hold during the week and the outcome will determine the next direction for the emerging economy (Indian Rupee). […]

EURUSD – Weekly Outlook for 3rd July 2021

EURUSD Forecast for Forex Introduction The trading week will be volatile for the major pairs on the online forex platforms as market participants expect the U.S to release the news on non-farm payroll for the new month.  We may see a further strengthening of the Greenback. Investors are looking past the relief measures announced by […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 24rd June 2021

BTCUSD Forecast and Fundamentals for BTC Introduction The news from Canaan, one of the largest miner producers in the cryptocurrency industry, is prepared to launch its production in Kazakhstan and it will use self-developed devices to generate Bitcoin.  Such news is a welcome development for the Indian brokers as we can see that the price […]

USDINR – Weekly Outlook & Analysis for 18th June 2021

USDINR Forecast & Technical Analysis for Forex Introduction Forex platform like IQ Option will experience high volatility during the trading week as market participants await the Fed’s statement and news conference on Wednesday which will direct the state of the major currency.  During this meeting, the Fed speakers will shed some light on U.S policy […]

EURUSD – Weekly Outlook for 12th June 2021

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 Weekly Outlook and Bitcoin Fundamentals, 4rd June 2021

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 […]