Forex Major Currency Pairs EU, GU, Gold Analysis During Close

on

Forex market is closed today but we are trying to post next week's analysis before the market opens so that the traders do not face any difficulty. First we analyze EURUSD and GBPUSD, there is a lot of opportunity to go above the point where the EU is standing, just like the position of GU and gold looks like GU, EU And gold gathers almost every time it moves, gold will also try to move up into the 1710 to 1750 and 1780 range, as the rush of buyers has increased, and there is no selling now as gold is oversold. Similarly, EU and GU are also oversold and do not appear to be in a position to go further down. So here big lots are not recommended yet, but small lots can be traded and held, small lots means lots of 0.01 cents or 0.02 cents, while equity is also required for these lots. So that if GU or EU goes down by another 100/200 points, there is no risk to our accounts.

Forex market is closed today but we are trying to post next week's analysis before the market opens so that the traders do not face any difficulty. First we analyze EURUSD and GBPUSD, there is a lot of opportunity to go above the point where the EU is standing, just like the position of GU and gold looks like GU, EU And gold gathers almost every time it moves, gold will also try to move up into the 1710 to 1750 and 1780 range, as the rush of buyers has increased, and there is no selling now as gold is oversold. Similarly, EU and GU are also oversold and do not appear to be in a position to go further down. So here big lots are not recommended yet, but small lots can be traded and held, small lots means lots of 0.01 cents or 0.02 cents, while equity is also required for these lots. So that if GU or EU goes down by another 100/200 points, there is no risk to our accounts.




There is no alternative scenario of above mentioned pairs, so traders needs to focus on buying now until we post our next analysis. Because once market is oversold, and it happens mostly in a period of 10 years. Because It has happened already in 2013-2014, So after a deep analysis we concluded that Market has completed its 10 years of movement. Prices have come completely down, therefore currencies should move opposite side of USD Now, except gold, Gold may have a different Scenario in Forex market.

Alternative Scenario: 

There is no alternative scenario of above mentioned pairs, so traders needs to focus on buying now until we post our next analysis. Because once market is oversold, and it happens mostly in a period of 10 years. Because It has happened already in 2013-2014, So after a deep analysis we concluded that Market has completed its 10 years of movement. Prices have come completely down, therefore currencies should move opposite side of USD Now, except gold, Gold may have a different Scenario in Forex market. 
 

Comments

Post a Comment