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PoundDollar Analysis and forcasting :)

Nadyaeg Posted 2 Ago  in #Trader's blog
Pound/Dollar has been calmer than usual, walking in a total range of 55 pips and attracting 24% less than typical funds. Neutral sentiment of the traders is 3% long. Both the calm trading and the narrow price movement range are limiting factors.
Dollar/Yen rose early in the day and the pair stood point 27% in the green at 12 o’clock. Turnover is high and neutral sentiment of the traders is 1% short. Early jump has provided solid profit opportunities for those who were long.
Pound/Yen has gaine…
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USDCAD and the opportunities

Nadyaeg Posted 2 Giu  in #Trader's blog
The USD/CAD pair had a volatile and choppy session on Thursday, as we continue to trade just below the 1.35 handle. The one thing that I would point out is that we recently have seen a little bit of a bullish move, and it looks as if the buyers underneath are still rather stringent. I believe that today’s jobs number will be highly influential in this market, and if we can break above the 1.3525 level, the market could continue to go to the 1.3575 level above. We also have the oil markets moving…
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USDJPY Overview for today

Nadyaeg Posted 5 Mag  in #Trader's blog
The USD/JPY pair is traditionally where most currency traders get involved and express an opinion on the jobs number. The better the jobs number, the better the USD/JPY pair tends to behave. I believe that breaking above the 112 level was significant, so I prefer the upside and I believe that a break above the 113 level will send this market looking for the 115 level which is the top of the previous consolidation area. That is the longer-term plans far as I can see, but I also recognize that the…
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An overveiw on Eurpian pairs 4/5/2017

Nadyaeg Posted 4 Mag  in #Trader's blog
The EUR/GBP pair had a choppy and volatile session during the day on Tuesday, bouncing around the 0.8450 level. Currently, I think the market is probably a bit difficult to trade, and I believe that the 0.8480 level above is resistive, while the 0.8425 level underneath is supportive. The market will probably be more of a range bound proposition over the next several sessions, and therefore am not overly enthused to be involved. Remember, this is the “Ground Zero” battleground of the United Kingd…
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Foracsting for USD JPY :D

Nadyaeg Posted 3 Mar  in #Trader's blog
The USD/JPY pair broke higher during the day on Thursday, reaching towards the 115 handle. I think we will get there, but at that point we may run into a bit of resistance. Currently, we are consolidating between the 111.50 level on the bottom and the 115 level on the top. Because of this, expect choppiness but if we do break above the 115 handle, the market will then probably reach towards the 118.50 level above. Longer-term, I believe that’s exactly what happens but we may need to make a coupl…
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