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Default 07-16-2017, 08:08 PM



This is the pair in which the Swiss National Bank (SNB) is quite active as they do the regular intervention to smoothen the price and throttle the rise of CHF. But this does not means CHF wonít rise, point is SNB with unlimited power would intervene and hold prices to their desires levels. Of course, macro-economic policies of both USA and Switzerland would also matter along with global growth rates!





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Default 07-16-2017, 08:10 PM



Nothing much to look forward to next week with regards to dataís coming out of USA or Canada. The price then can be expected to be range bound and somewhat dull. The clues would then come from other markets and other currency pairs. USD/CAD was in need for some correction after being very high for some time and one can expect the same in the near term future.





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Default 07-16-2017, 08:14 PM



The coming week we can see the GDP figures coming out of China which would surely have its impact on the pair. Apart from the usual economic factors one has to consider the global growth concerns and geo-political factors which would affect the currency and the financial markets in many ways. China is a major player in many fields and if its growth rate slows down then there might be cascading effect elsewhere too.





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Default 08-23-2017, 03:59 PM



GBP/USD has dropped rapidly with no sign of stopping and we can see it on SAR indicator as well, itís similar picture thatís given, so that shows it pretty clearly about the direction of the market ahead in coming weeks and even months!





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Default 08-23-2017, 04:02 PM



USD/JPY has continued to remain active downside; it is exactly how we can see it on SAR as well. So, it is not the worst of times to go for short, but we just need to be alert with the situation in order avoid any unwanted situations and risk.





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Default 08-23-2017, 04:03 PM



EUR/JPY has been very much on up line but the momentum is very slow as we see. As per SAR indicator, it is very much on bearish, so there is a lot of uncertainty around this, but the overall trend is very much stable which is making it all easy!





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