StockRants Stock Forum

StockRants Stock Forum (http://www.stockrants.com/forum/)
-   Forex Trading (http://www.stockrants.com/forum/forum30/)
-   -   Market Analysis (http://www.stockrants.com/forum/forex-trading/12940-market-analysis.html)

James Charter 09-20-2017 02:20 PM

Market Analysis
 
https://charts.mql5.com/16/213/eurus...orex-group.png

EUR/USD has remained steady thus far the week. However, as we see there is no massive momentum either side, as the market seems very flat for this pair. However, we do see the trend running bearish in long run, so it will be good opportunity to go for short here.

James Charter 09-20-2017 02:24 PM

https://charts.mql5.com/16/213/gbpus...orex-group.png

GBP/USD has been holding the position this week that was gained last week, but the good part is that the momentum is still there. It is obvious that the running has slowed down, but it hasn’t dropped which makes it a good time to go for long.

James Charter 09-20-2017 02:33 PM

https://charts.mql5.com/16/213/usdjp...orex-group.png

USD/JPY pair is on non-stop run on the higher side, it’s closing near 112 level, but as we see ahead, it’s highly likely that we will see some drop, but overall trend is going to be bullish only. It can be good time to get into the trade on any point of dip that comes.

James Charter 09-20-2017 02:35 PM

https://charts.mql5.com/16/214/eurjp...orex-group.png

EUR/JPY pair this week so far has remained on high, but today we saw the pair running slightly on lower side, it has opened good opportunity for us to go for long trade again. But, we need to ensure that we trade with right level of money management.

rakhi 10-10-2017 05:35 AM

A market analysis is a quantitative and qualitative judging of a market.

James Charter 10-10-2017 07:10 PM

https://charts.mql5.com/16/393/audus...orex-group.png

AUD/USD nose dive into bearish trend this week, but today things have increased somewhat but overall trend is still very much at the down side. We need to make sure that we trade only when there is clarity in the trade or else it could really take us off the road!

James Charter 10-10-2017 07:11 PM

https://charts.mql5.com/16/393/usdch...orex-group.png

USD/CHF is on the steady run on the higher side, but today was an exceptional day as the pair dropped around 50 pips. But, the overall trend is still very much bullish so not bad time for entry here with a lot of drop already coming in.

James Charter 10-10-2017 07:15 PM

https://charts.mql5.com/16/393/cadjp...orex-group.png

CAD/JPY maintained steady run downside, but the major push is not there, as the trend is still in very uncertain zone, so it will be better opportunity that we enter after we are sure. Right now it does look good opportunity for short but activate it only after you are certain.

James Charter 10-10-2017 07:19 PM

https://charts.mql5.com/16/393/chfjp...orex-group.png

CHF/JPY has been working in very much mixed trend this week, as there have not been any major gains or losses. But, if we go according to the momentum then it will be good opportunity to go for shorts but need to be very wise with handling things.

kirtimeliwal 11-28-2017 06:42 AM

Market analysis is very much important for the traders to make the constant profit in the market. Especially for the newcomers in the market, they should first do the market analysis in order to determine their weakness and strengths and make strong strategies.


All times are GMT -4. The time now is 11:09 PM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
All content is © 2008 - 2011 StockRants.com. All rights reserved.