2016

Wish you happy holidays and Mary Christmas! And a Happy New Year! (And we are late due to holiday, sorry for the inconvenience) Fundamental Nothing much changed in last week, most financial organizations are in vacation this week. And…

EURUSD broke the Inside Bar today. And next Major Support is 1.0206 (high of 19th July, 2002). I will be short at EURUSD from today as there is 200 Pips Selling opportunity going on. It was the FED hike which pushed the EURUSD…

Fundamental: FED finally hiked 25bp at December 14 and given a pretty good projection for 2017. They are going to hike 3 times at 2017. Though, I am expecting 2 hikes maximum till March 2018. First hike between August and September…

Fundamental Long promising FED 25bp hike is almost certain at Wednesday but other economic policy could be unchanged. FED could send strong message by more aggressive tightening projection at 2017. On the other hand a year end…

Fundamental Market is expecting a ‘No Vote’ from Italian referendum. And we might see some changes from ECB as FED hike is coming and there was oil output freeze agreement on OPEC. Higher oil price is appreciated by ECB. Some experts…

Fundamental: Bullish price action of USD indicates Trump’s rally on USD still in play. Market expecting a positive US GDP report and handsome NFP report though, the impact of NFP is not a matter anymore as December 14 rate hike on…

After a week GBPJPY just hit the TP (take profit) . It was more than 450 Pips total. I will be long again once GBPJPY break the 138.82 by price reaction.

Fundamental: Aftermath of the victory of Trump in US election makes Dollar strong. Dollar index is record 14 years high. And emerging markets are still facing consequences as Dollar on the key driver role. There is 95% possibility of…