Hello everyone :) After we saw a big sell-off, the British Pound and Australian Dollar which were big gainer on the market for the whole of February, and Japanese Jen was the worst performed currency, is there any possibility for making Japanese Jen a very good performed currency? From a fundamental point of view, Japanese Jen was the worst performed currency...
Hello everyone :) The main pick, personal for me is watching AUD/NZD. We can see that this is a trending chart and the main reason for this is because they showed the world, how to handle pandemics. This can watch as a two-case scenario. Why? Well from the fundamental point of view, we have as I mention before, handle pandemics very well, today New Zealand...
Hello everyone :) The pick for this week will be AUD/JPY. As we know Australia developed the best system in the world to fight against novel coronavirus and as the result, AUD is the best-performed currency in the market, besides NZD. They have 7 days on average of infected about 6 people a day and investors saw AUD and NZD as a safe haven currency at the moment....
Hello everyone :) After we saw a strengthening of the Canadian Dollar and breaking lows against American Dollar maybe we will see a reversal where is USD is finally gaining momentum and here is a couple of reasons. First of all, we saw a big decrease of infected in the USA after all-time high in January where they reported a 300594 new cases in a day is started...
Hello everyone ;) For this week I see a perfect opportunityat AUD/JPY to short or sell. From fundimental point of view my opinon is that at Australian dollar is started to forming a bubble, because australian dollar is to strong at least 2 months because of well handling of whole COVID19 situation. Today they reported just 6 new infection. Australia may not open...
Hello everyone :) After a couple month of taking pause of trading, because december was very volatile, because of whole BREXIT deal, waiting for approval of EU to new vaccine, US stimulans and etc. From fundimental side in Germany we can see a little bit decrease of infected and this can be a optimism for Euro but in Europe is started to spread a new variant of...
Hello everyone, As we can see COVID19 is disturbed whole world, supply and demand, many people lost their jobs but from the other side, investors and traders profit mostly on COVID 19 with of course, their knowledge. But from point of view i think Euro have a big potential for raise. From fundamental point of view we can see that three bigest nation of Euro...
Hello everyone, Today I am marking this pair for couple of reason. First of all we have seen a big decrease of infected in Japan as I mentiod yestrday as this whole COVID-19 change perception of investment. But why am I still belive on JPY and their politics ? Yestrday was meeting a Japanies minister with China minister and they talked about an opportunity to...
Hello everyone, After we saw at monday a news about new results of vaccine for COVID-19, momentum was against safe haven investments in forex such as(JPY,USD). We saw also a big decrease of infected at UK and we can say that whole lockdown starting to give us some result. But the main problem is next, you don´t have a open economy so we can see only working...
Hello everyone, This week was not very good for trading. First of all the news about the result of COVID-19 vaccine were released on Monday. From my point of view, those news seen as a bad way of behaving gold because last monday we have seen a drop of gold, in price of 120€. Therefore do not think we will see any more decrease in the price of gold after that...
Hello everyone, First prediction for this week be USD/JPY sell. From fundimental point of view yestrday in Usa was set up a record with a new record of infection which from my opinon will send away investors or trader from investing on USD. But if you wanna to make short on USD/JPY I preffer to wait GDP of Japan which is at 00:50 at UTC+1. From tehnical point...
Hello everyone, Today my prediction for the pair of Eur/Aud is buy, because we can see that Euro is obviously is gaining the steam. For tehnical point of view we can see below 3 moving averages which is very good signal for buy. To enter to Eur,Aud I preffer to see break off resistance line as confirmation that trend will continue to go upside. What is good at...
Hello everyone, Today my prediction for the pair of Eur/Jpy is sell, because we can see that Euro is obviously is lossing the steam. After that great monday when we all heard that maybe the pandemic of Coronavirus will be over, investor, traders leave safe heaven currencies(Japanies Jen) and bet against Jen. We saw also a big sell off from gold and value in 1...
Hello everyone, On a 1h chart we have a pretty good signal for buy Eur/Jpy. First of all we have a very good testing of resistance line a couple of day which finally have broken and after a days of testing it. Ema of 21 and Ema of 50 are under it and Ema of 21 make crossover over Ema of 50 that is make a good signal for buy who likes to trade with crossovers....