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Bsappsfx blogQ1_Week_4_2022: Market Outlook
Currencies: The dollar has broken out to the upside, which is nice to see after a lot of back and forth over the last 2 months. We will be looking for any pullback to take this long. The JPY is reacting from our AOI where we are anticipating a move up from here. There...
Q1_Week_3_2022: Market Outlook
Currencies: We have seen the push down on the dollar as we anticipated, and we are still watching this for more downside. We are now at an interesting level where we are anticipating a reaction from 12160. We are seeing a slow down here right now, but we will need to...
Q1_Week_2_2022: Market Outlook
Currencies: Our bias of dollar downside is playing out; however, we have not seen any big breakouts just yet. On the USDollar I am looking for us to push down to around 12152, - pullback – and then continue down. This would provide as strong confirmation for dollar...
Q4_Week_51: Market Outlook and Traders Tips
Currencies: The dollar has continued to consolidate in its range, something which it has been doing for the last 28 days now. However it does seem like we may breakout to the downside now, which as you know from our previous blog posts, is our favoured direction. We...
Q4_Week_50: Market Outlook
Currencies: The dollar has continued its consolidation, which is quite clearly in a range now on the daily timeframe. Our view is still the same as the last 2 weeks – waiting for the breakout to confirm the bias. We have a lot of fundamentals out over the next few...
Q4_Week_49: Market Outlook
Currencies: The dollar has continued to stall around the area covered last week. We did see an initial reaction off it, but have since pulled back and tapped into 12268 again. We will be monitoring price on the lower time-frame and wait for the breakout – we can then...