Technical Analysis

Australia has recently exposed positive employment figures for the month of March. These numbers are better than expected. These are likely to influence the sensitive. These facts highlight the positivity in the economic activities in Australia. Employment Figures: Before the revelation of these employment figures, the anticipated unemployment rate was 5.7%. But the recent  show that the unemployment rate fell from anticipated 5.7% to 5.6%. It is indeed …

Read moreAUDUSD Daily Review: Employment figures AUD/USD

Chinese Government has revealed its recent reports about its trade. Positive figures of trade of China have put pressure on AUD. The current trading scenario has resulted in the flat trade of AUD. Trade Figures of China: The export of USD has increased by 30.6% year/year. This figure is far less than the anticipated figure of 38.1%. At the same time, the increase in imports spiked up 38.1%. …

Read moreAUD/USD Daily Review : Trade of China Vs Flat AUD

The analysis of the trade of EUR/JPY reflects the strength of Japanese Yen. Recently the EU is facing difficulties in vaccination process against the pandemic. The same process is going on smoothly in USA. However it has become a hurdle in the rising flight of Euro. Thus Euro is the weakling in the trading pair while Yen has an upper hand. Vaccination Process in EU & Rise in …

Read moreEURJPY Daily Analysis : Yen is back on Track

Forex market has witnessed a steady USD while at the same time; market is witnessing the weakness of CAD. The vaccination rollout process is going on at different pace in USA and Canada. The traders of CAD are a bit worried due to the weakness of CAD. But the price of this trading pair of USD/CAD has spiked up 0.66%. The major cause and basis of this jump …

Read moreReview CAD : Vaccination Rollout and Weakness of CAD

USD/JPY is rising at a stable pace. USD is in a strong position while Yen has to deal with a weaker path. The struggle of Yen is notable yet there is no positivity in the near term. The rising USD is capping the struggle of yen. The upcoming trading outlook of USD is positive and profitable. The Bank of Japan is also worried about the weaker path of …

Read moreWeaker Path for Yen, USD/JPY Review:

Trading pairs of USD/IDR Vs USD/PHP: USD has some significant trading pairs with ASEAN Currencies. Particularly the traders eye the trading pairs of USD/PHP & USD/IDR. The current trading trend of USD/IDR is strongly Bearish. Trend of trade of USD/PHP is reflecting buying action. The trend of  Pair of USD/IDR, Review: The trading pair of Indonesian Rupiah and USD has gained the attention of traders. The pair has …

Read moreTrading Pairs of USD/IDR Vs USD/PHP:

After a time of toil and disappointment, EUR/USD has finally managed to gain some ground.  The calm market is also helping the pair to soar higher. This pair is now regaining the trust and support of traders. Recently USD is moving upward at a slow pace. However this pace seems to increase its momentum in the near term. Different economic factors are currently hinting towards a stronger USD …

Read moreCalm Market and EUR/USD Daily Review: