Blog

Bsappsfx blog
Q4_Week_47: Market Outlook

Q4_Week_47: Market Outlook

Currencies: The dollar has continued its gains this week and continuing to trend upwards. The 4HR timeframe shows a clean trend, and any pullback should be a reason to buy this now. We do however have US fundamentals out tonight, this may cause some volatility and so...

Q4_Week_46: Market Outlook

Q4_Week_46: Market Outlook

Currencies: The Dollar has seen a strong push up over the last few days, fitting in with our bias of dollar upside. We have however tested the top of a channel we are in and see a strong bearish close off it. We may see a deeper pullback here – but any pullbacks on...

Q4_Week_45: Market Outlook

Q4_Week_45: Market Outlook

Currencies: This week we have seen a nice pullback on the dollar after a big push up last week. We have reacted off our initial area of interest, which was shared to the Advanced Group member. We do however have some more levels to get through before the upside move...

Q4_Week_44: Market Outlook

Q4_Week_44: Market Outlook

Currencies: Shortly after the previous blog post we saw the dollar reverse, breaking out to the upside with a huge 4HR candle. We saw a nice pullback at the beginning of the week but have since continued our push up. Because of this, dollar upside looks quite nice...

Q4_Week_43: Market Outlook

Q4_Week_43: Market Outlook

Currencies: The Dollar has been consolidating over the last few days, and yesterday we have seen a breakout. We are looking for further downside on this now. When looking at the weekly timeframe on the USDollar, we can see that we are in a rising wedge formation so we...

Q4_Week_42: Market Outlook

Q4_Week_42: Market Outlook

Currencies: The USD has pulled back over the last week. This is expected after having a strong 30 day push up. EUR/USD has seen some relief this week and pulled back 140 pips, after a huge run down falling nearly 400 pips since mid-September.   JPY has tanked over the...

FOLLOW US

error: Content is protected !!