Forex Guide

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Forex is a sure way of earning extra or a direct income online depending on skills developed on trading. Japanese candle sticks pattern,price action strategy,bear and bullish patterns is the beginners guide for successful trading in forex.www.dcpecunia.blogspot.com for more info

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Technical analysis

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The Eco Watchers Survey for June which follows regional trends was much better than forecast with the outlook score coming in at 44 on a 24.1 estimate and May’s 36.5 and the current reading at 38.8 on a 21.1 prediction and a 15.5 result in May. USD/JPY outlook As the week closed USD/JPY dropped to its lowest level in over two weeks. The continuing increase in diagnosed Covid cases in the US and many other countries around the world has not sent markets back to the risk-off safety of the dollar.   Credit markets have responded to the rising cases with the lowest Treasury rates since the lockdowns began easing more than a month ago as investors seek the safety of US debt.  The yield on the 10-year Treasury reached 0.60% its lowest since April 24.  The yield on the 30-year hit 1.28% is lowest since May 1. The spread between the two was 0.68%, its smallest since May 15 and indication that markets expect interest rates to remain lo...
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EUR/USD

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              EUR/USD Weekly Forecast: Caution hits volatility, more action ahead ANALYSIS |  Published by lorale stevens Aug 14, 2020 15:15 (+00:00) Political turmoil paused this week, focus shifted to pandemic-related headlines. Minutes from the Fed and the ECB next week could bring back speculation. EUR/USD holds on to its long-term bullish bias, minor diverges appeared these days. Market players took a cautious approach this week, leaving EUR/USD confined to familiar levels. For a second consecutive week, the pair is closing with modest gains above the 1.1800 level, as investors struggled to find a directional catalyst, despite the enthusiasm triggered by last week US data and the executive orders signed by US President Trump on fiscal stimulus. Politics pause, coronavirus uproars These days, the US Congress made no progress in the stimulus bill, meant to replace the one that expired on July 31. Also, ...
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TRADING SKILLS

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