Blog
Bsappsfx blogQ4_Week_48: Market Outlook
Currencies: The dollar continued its push up last week – however we are starting to see the dollar start to pullback. We are anticipating for us to have a deeper pullback on the daily now. We may see the USDollar push down to 12100. We saw some volatility yesterday...
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
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
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
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
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...