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Bsappsfx blogQ2_Week_24: Market Outlook
Currencies: As mentioned in last weeks blog. The USD has been ranging for some time, but we were leaning to more upside. We have now seen the dollar start to make its move up. However, we do need to be weary that we are coming up to certain levels where we could...
Q2_Week_23: Market Outlook and Traders Tips; ‘How You Do Something Is How You Do Everything’
Currencies: The USD has continued to range, being in a consolidation for the last 4 weeks now. We are leaning towards more dollar strength right now due to some lower timeframe price action. However, this won't be confirmed until the higher timeframe also breaks out....
Q2_Week_22: Market Outlook and Traders Tips; ‘Why Being Attentive Helps With Longevity’
Currencies: Our view on the USD is the same as last weeks; we are awaiting the breakout of the consolidation phase we are currently in. This week contains various high impact fundamentals across the board. This may add the volatility needed for us to breakout of...
Q2_Week_21: Market Outlook and Traders Tips; ‘Visualisation – What is it and how to use it’
Currencies: USD has continued to consolidate over the last few days. We are still anticipating downside on the dollar, however as mentioned in last weeks blog post, we are close to an area where we could bounce from and we will monitor PA as price gets close to it. ...
Q2_Week_20: Market Outlook
Currencies: USD has continued to push down lower and we are anticipating further downside with the dollar. However, BSAPPSFX advanced group members are aware of a potential area of interest where the dollar could bounce from – and as soon as price pushes down into the...
Q2_Week_19: Market Outlook
Currencies: USD saw a massive push down on Friday off the back of the Non-Farm Payroll release. The consensus (expected value) was that 978,000 jobs were expected to be added in April; however the actual release was merely 266,000 jobs! This caught the market by...