Theexcelentrepreneur

Theexcelentrepreneur

EURUSD MARKET MOVE SIDEWAYS AHEAD OF FRIDAY NFP RELEASE October 7/2021 Ahead of Tomorrow NFP release the whole major currency pairs greed and fear sentiment remains neutral, as both the bulls and bears push the price into consolidation. A break in market value to the downside could trigger the actions of the bears if at all the NFP reports came out bearing...

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EUR/USD WEEKLY MARKET ROUND-UP October 2/2021 The pair have had a continuous downward trend since the prior weeks before the just concluded trading term. The bearish price action of the major pair was acknowledged to have been a confirmation of the double top candlestick chart pattern printed on the weekly time frame. In view of the euro-dollar market, ahead of...

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EUR/USD CONTINUES THE DIP AS THE BEARS PLUNGE PRICE LOWER September 28/2021 Since the start of this new trading week the bears have been outperformng the bulls in the entire market activities of the EUR/USD pair. With a focus on the prior trading week, market participant would see that the possibility of bulls wining over the bears is very uncertain, as the...

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USD/JPY Rally Higher As Price break above the 110.510 Supply Zone September, 23/2021 The market sentiment for the ninja pair had been in a steady long trading bias in the earlier months ago. Yet the widely spread central banks and FOMC reports on rates hike expectation from the BOJ, BOE and feds also push market in a lengthy term of less volatility market...

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DAILY MARKET BRIEFING; EUR/USD TECHNICAL ANALYSIS September 23/2021 The EUR/USD had a complete move towards the August 23rd lowest support area as negative economy reports blazed from the side of the EURO zone earlier in the last trading hours. It was not long ago when the expected interest rate hikes took charge of the market sentiment. Yet, the government...

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September 22/2021 For the sake of negative news that surrounds the Australian iron production affairs, and the ongoing lock down assigned by the Australian government which causes few restriction in free movement that also leads to the slowing economy functionality of the Australian dollar. Yet on the other hand the euro has been outperforming the aud in the...

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WEEKLY MAJOR CURRENCY MARKET OVERVIEW September 18 / 2021 Dollar pull higher ahead of all it major counterparts, in the just concluded trading week. while the primary drive behind the positive momentum in the overall nature of the greenback was however attributed to the relative strength gain in the US retail sales data that was released on Thursday, also...

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DAILY MAJOR CURRENCY MARKET ANALYSIS September 17/2021 EUR/USD dip further with a heavy volatility stride against the August 13th lowest point. It was predicted yesterday that the overall market condition of the EURO - DOLLAR pair will be bearish, more often than not the market adhere to the presence of the bears. In view of the EURO- DOLLAR market structure,...

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EUR/USD DAILY FOREX MARKET ANALYSIS September/16/2021 Market eyes new support level as the economy reports around US dollar remains positive. It was reported that the US Initial Jobless Claims for august reached 330K, while the previous release was 310K, on the other hand, market players are however on the outlook for a positive US economy update. Yet after a...

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(TECHNICAL ANALYSIS) USDJPY CONFIRM THE BEARISH MOVES it was noted that the ninja pair had been waiting for a confirmation in regards to pushing the price of the market towards the April 22, lowest point. However, It all a came out of the tight range momentum the market has been undergoing in the past few days, luckily during the London trading session on...

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USD/JPY HAD A SHARP BEACH, RISH MOVE WITHIN RANGE MARKET STRUCTURE Volatility spike as a fast-moving bearish movement overshadows the tight range consolidation period the USDJPY had been moving with in the past 48 hours. Luckily today the price of the market adhere to the calling of the sellers as a weaker dollar trigger the action of the bears. Where it has...

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El Salvador Accept Bitcoin As The Legal Tender Currency It was recorded that the price of Bitcoin on Tuesday, September 6th had an approximate loss of 11% in total following the crash of the Salvadoran government legalised crypto storage App. In regards to this news, the price of Bitcoin had a 7 days price change of -6.34% during the close of the last trading...

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Weekly Forex Market Analysis: USD/JPY Moves Sideways As Price Face restriction Above 109.90s Last week it was discovered that the "ninja" closed the previous trading week session with a strong consolidation in price action movement. Where The ratio of buyers and sellers was approximately in direct proportion. Hence a tight sideways movement in price exchange...

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TECHNICAL ANALYSIS FOR THE EURO VERSUS DOLLAR PAIR September /8/2021 The greenback regain bearish power against the dollar amidst the previous trading session overbought condition. For this week the entire nature of the pair was in a bear zone, despite the fact that market participants are on the outlook for a positive momentum in the market structure. Yet, a...

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EUR/USD GENERAL MARKET STRUCTURE OVERVIEW September/ 7/2021 It was predicted in the previous trading session that the price of the major currency pair will likely face rejection upon getting to the August 27th highest price point. However, the currency pair price action movement has been able to confirm the price analysis forecast in the new trading week of...

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PRE-MARKET ANALYSIS: (EUR/USD STAYS IN A POSITIVE TRADING BIAS) September 5/2021 Unlike the last trading week in which the entire major currency market gain a bullish power against the dollar, this present week again will likely be favour by the high impact of buyers present in the market. Thus an increasing momentum of positive price action will be welcome in...

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MAJOR CURRENCY MARKET GAIN POSITIVE MOTION AMIDST WEAK NFP REPORT September 4/2021 The major currencies market was seen earlier on Friday 3rd September 2021 moving in a low volatility state, in preparation for the NFP report. market analysts and economy forecasts expertise have, however, set up an expectation ahead of the US economy Non-farm payroll update in...

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EUR/USD TECHNICAL ANALYSIS September 2/2021 Dollar weakens against the Euro causing the bulls to dominate the EURUSD currency market. So far this week trading session as recorded a bullish gain of over 95% twice larger than the previous week trading profits. Market participants are however the key factor behind the bullish moves that was recorded in the...